Level Four Advisory Services LLC Purchases 3,519 Shares of The TJX Companies, Inc. $TJX

by · The Cerbat Gem

Level Four Advisory Services LLC boosted its position in The TJX Companies, Inc. (NYSE:TJXFree Report) by 4.5% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 81,376 shares of the apparel and home fashions retailer’s stock after buying an additional 3,519 shares during the quarter. Level Four Advisory Services LLC’s holdings in TJX Companies were worth $10,049,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. First American Bank boosted its holdings in shares of TJX Companies by 4.5% in the 2nd quarter. First American Bank now owns 138,840 shares of the apparel and home fashions retailer’s stock valued at $17,145,000 after buying an additional 5,921 shares during the last quarter. FCG Investment Co bought a new stake in TJX Companies during the first quarter worth $2,620,000. MinichMacGregor Wealth Management LLC acquired a new stake in TJX Companies in the second quarter valued at $5,045,000. Empowered Funds LLC lifted its stake in TJX Companies by 66.6% in the second quarter. Empowered Funds LLC now owns 76,998 shares of the apparel and home fashions retailer’s stock valued at $9,508,000 after acquiring an additional 30,779 shares during the last quarter. Finally, Infusive Asset Management Inc. lifted its stake in TJX Companies by 30.1% in the first quarter. Infusive Asset Management Inc. now owns 27,730 shares of the apparel and home fashions retailer’s stock valued at $3,378,000 after acquiring an additional 6,415 shares during the last quarter. Institutional investors own 91.09% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. Wall Street Zen upgraded shares of TJX Companies from a “hold” rating to a “buy” rating in a research note on Saturday, August 23rd. Erste Group Bank assumed coverage on TJX Companies in a research report on Friday, September 5th. They set a “buy” rating on the stock. TD Cowen upped their price objective on shares of TJX Companies from $162.00 to $167.00 and gave the company a “buy” rating in a report on Thursday, November 20th. Wells Fargo & Company restated a “market perform” rating and set a $145.00 target price (up previously from $140.00) on shares of TJX Companies in a research note on Thursday, November 20th. Finally, JPMorgan Chase & Co. lifted their target price on shares of TJX Companies from $150.00 to $154.00 and gave the stock an “overweight” rating in a report on Thursday, November 20th. One 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 stock. According to MarketBeat.com, TJX Companies currently has a consensus rating of “Buy” and an average price target of $158.90.

Check Out Our Latest Report on TJX

TJX Companies Trading Up 0.6%

TJX stock opened at $153.32 on Friday. The TJX Companies, Inc. has a 52 week low of $112.10 and a 52 week high of $154.66. The company has a market capitalization of $170.63 billion, a PE ratio of 34.92, a price-to-earnings-growth ratio of 3.14 and a beta of 0.90. The company’s 50-day simple moving average is $143.99 and its 200 day simple moving average is $134.75. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.52 and a current ratio of 1.17.

TJX Companies (NYSE:TJXGet Free Report) last posted its quarterly earnings data on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.22 by $0.06. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. The firm had revenue of $15.12 billion during the quarter, compared to the consensus estimate of $14.80 billion. During the same quarter in the previous year, the firm posted $1.14 EPS. The business’s revenue for the quarter was up 7.5% compared to the same quarter last year. TJX Companies has set its Q4 2026 guidance at 1.330-1.360 EPS. FY 2026 guidance at 4.630-4.660 EPS. As a group, sell-side analysts anticipate that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 4th. Shareholders of record on Thursday, November 13th will be paid a dividend of $0.425 per share. This represents a $1.70 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Thursday, November 13th. TJX Companies’s dividend payout ratio (DPR) is 37.53%.

Insider Buying and Selling at TJX Companies

In other news, Director Amy B. Lane sold 500 shares of the company’s stock in a transaction on Friday, November 21st. The stock was sold at an average price of $151.40, for a total transaction of $75,700.00. Following the completion of the sale, the director directly owned 22,212 shares in the company, valued at approximately $3,362,896.80. This represents a 2.20% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Ernie Herrman sold 30,000 shares of the stock in a transaction on Thursday, November 20th. The stock was sold at an average price of $148.81, for a total value of $4,464,300.00. Following the sale, the chief executive officer directly owned 535,143 shares in the company, valued at approximately $79,634,629.83. This trade represents a 5.31% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 54,863 shares of company stock valued at $8,226,366 over the last ninety days. Insiders own 0.13% of the company’s stock.

TJX Companies Company Profile

(Free Report)

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.

Featured Articles

Want to see what other hedge funds are holding TJX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The TJX Companies, Inc. (NYSE:TJXFree Report).