Twin Tree Management LP Sells 39,850 Shares of The TJX Companies, Inc. $TJX

Key Points

• Twin Tree Management LP significantly reduced its stake in The TJX Companies, Inc., selling 39,850 shares and lowering its ownership by 64.4%, leaving it with 22,006 shares valued at approximately $2.7 million.
• Several other institutional investors increased their positions in TJX during the fourth quarter, with notable gains including a 113.7% increase by Brighton Jones LLC.
• Analysts maintain a positive outlook on TJX, with a majority rating it as a "Buy" and an average target price of $148.50.

Twin Tree Management LP reduced its position in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) by 64.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 22,006 shares of the apparel and home fashions retailer's stock after selling 39,850 shares during the period. Twin Tree Management LP's holdings in TJX Companies were worth $2,718,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in TJX. Brighton Jones LLC lifted its position in shares of TJX Companies by 113.7% during the fourth quarter. Brighton Jones LLC now owns 15,039 shares of the apparel and home fashions retailer's stock valued at $1,817,000 after purchasing an additional 8,002 shares in the last quarter. Revolve Wealth Partners LLC raised its position in TJX Companies by 12.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 2,172 shares of the apparel and home fashions retailer's stock worth $262,000 after acquiring an additional 235 shares during the period. Bison Wealth LLC raised its position in TJX Companies by 32.9% in the fourth quarter. Bison Wealth LLC now owns 3,856 shares of the apparel and home fashions retailer's stock worth $466,000 after acquiring an additional 955 shares during the period. GAMMA Investing LLC raised its position in TJX Companies by 19.8% in the first quarter. GAMMA Investing LLC now owns 23,909 shares of the apparel and home fashions retailer's stock worth $2,912,000 after acquiring an additional 3,944 shares during the period. Finally, Wealth Enhancement Advisory Services LLC raised its position in TJX Companies by 1.9% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 943,136 shares of the apparel and home fashions retailer's stock worth $114,875,000 after acquiring an additional 17,857 shares during the period. 91.09% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

TJX has been the topic of a number of recent research reports. Weiss Ratings restated a "buy (b+)" rating on shares of TJX Companies in a research note on Wednesday, October 8th. Sanford C. Bernstein upped their price target on shares of TJX Companies from $145.00 to $152.00 and gave the company an "outperform" rating in a research note on Thursday, August 21st. Wells Fargo & Company upped their price target on shares of TJX Companies from $120.00 to $130.00 and gave the company an "equal weight" rating in a research note on Thursday, August 21st. Erste Group Bank initiated coverage on shares of TJX Companies in a research note on Friday, September 5th. They set a "buy" rating on the stock. Finally, Telsey Advisory Group restated an "outperform" rating and set a $155.00 price target (up from $150.00) on shares of TJX Companies in a research note on Wednesday, August 20th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of "Buy" and an average target price of $148.50.

TJX Companies Stock Performance

TJX Companies stock opened at $142.42 on Friday. The firm's 50 day simple moving average is $139.08 and its 200 day simple moving average is $130.74. The company has a current ratio of 1.17, a quick ratio of 0.52 and a debt-to-equity ratio of 0.32. The firm has a market capitalization of $158.50 billion, a PE ratio of 32.44, a price-to-earnings-growth ratio of 3.22 and a beta of 0.92. The TJX Companies, Inc. has a 1-year low of $111.73 and a 1-year high of $146.46.

TJX Companies (NYSE:TJX - Get Free Report) last posted its earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share for the quarter, topping analysts' consensus estimates of $1.01 by $0.09. The business had revenue of $14.40 billion for the quarter, compared to analyst estimates of $14.12 billion. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. TJX Companies's revenue was up 6.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.96 EPS. TJX Companies has set its FY 2026 guidance at 4.520-4.570 EPS. Q3 2026 guidance at 1.170-1.190 EPS. As a group, analysts expect that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 4th. Stockholders of record on Thursday, November 13th will be issued a $0.425 dividend. The ex-dividend date of this dividend is Thursday, November 13th. This represents a $1.70 dividend on an annualized basis and a dividend yield of 1.2%. TJX Companies's dividend payout ratio is presently 38.72%.

TJX Companies Profile

The TJX Companies, Inc, together with its subsidiaries, operates as an off-price apparel and home fashions retailer in the United States, Canada, Europe, and Australia. It operates through four segments: Marmaxx, HomeGoods, TJX Canada, and TJX International. The company sells family apparel, including footwear and accessories; home fashions, such as home basics, furniture, rugs, lighting products, giftware, soft home products, decorative accessories, tabletop, and cookware, as well as expanded pet, and gourmet food departments; jewelry and accessories; and other merchandise.

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