Pinnacle Wealth Management Advisory Group 13F: Cuts TJX Stake by $545K

Pinnacle Wealth Management Advisory Group cut its stake in The TJX Companies, Inc. (NYSE:TJX) by 36.6% during the period, according to a Form 13F filing with the Securities and Exchange Commission on October 23, 2026. The stock closed at $145.06 on the filing date.

TJX The TJX Companies, Inc.

$145.06 ▼ -5.10% year to date

1M 3M YTD

Daily close · Oct 23, 2026

What Changed in Pinnacle Wealth Management Advisory Group's The TJX Companies, Inc. Position

The firm sold 4,121 shares of the apparel and home fashions retailer during the quarter. Prior to the reduction, the firm held 11,246 shares. After the sale, its remaining position stands at 7,125 shares, which were valued at $942,722 at the time of the filing.

Other Institutional Activity in The TJX Companies, Inc.

Other large institutional investors adjusted their positions in the retailer around the same time. Howland Capital Management trimmed its stake by 2.2%, shedding 9,054 shares to end with 402,388 shares worth about $53,239,957. Heck Capital Advisors bought a new stake of 11,442 shares valued at about $1,513,902. Assenagon Asset Management S.A. grew its holdings by 2,140,059 shares, ending with 3,697,534 shares worth about $489,220,724. Sustainable Growth Advisers initiated a new position of 646,289 shares valued at about $85,510,497. Ameriprise Financial, Inc. grew its holdings by 1,319,154 shares, ending with 14,563,672 shares worth about $2,112,606,224.

The TJX Companies, Inc. Stock Down 0.3%

The stock recently traded around $145.03 as of October 24, 2026. That puts it about 14.7% below its 52-week high of $170.00 and 18.1% above its 52-week low of $122.78.

Recent Earnings

The retailer reported trailing twelve month revenue of $62.36 billion and earnings of $5.40 per share. Its next earnings report is scheduled for November 18, 2026.

Dividend

The company pays an annual dividend rate of $1.92 per share.

Insider Buying and Selling at The TJX Companies, Inc.

Company insiders completed several stock transactions prior to the filing. Chief Executive Officer Ernie L. Herrman disposed of 67,551 shares valued at $10,692,897 on June 5, 2026. Carol M. Meyrowitz sold 55,624 shares at $163.65 each, totaling $9,102,740 on June 9, 2026. Peter Benjamin sold 10,926 shares at $165.00 each, totaling $1,802,790 on June 10, 2026. Director Jackwyn L. Nemerov sold 957 shares at $168.60 each, totaling $161,345 on June 11, 2026.

Analysts Set New Price Targets

Wall Street firms updated their views on the stock ahead of the filing. Citigroup downgraded the stock to a Neutral rating and lowered its price target to $154.00 from $182.00 on August 20, 2026. Morgan Stanley maintained an Overweight rating and lowered its price target to $178.00 from $181.00 on August 20, 2026. UBS maintained a buy rating and raised its price target to $198.00 from $197.00 on August 20, 2026. Jefferies downgraded the stock to a Hold rating and lowered its price target to $145.00 from $180.00 on August 26, 2026. Wolfe Research initiated coverage with a peer perform rating on October 22, 2026. The stock carries a consensus buy recommendation and a mean price target of $171.68.

About The TJX Companies, Inc.

The TJX Companies, Inc. operates as an off-price retailer of apparel and home fashions across the globe through its various department store and online concepts. The company's business model focuses on offering brand-name goods at discounted prices, drawing value-conscious shoppers through changing economic conditions.

Bottom Line

Investors are keeping an eye on the company's upcoming earnings release on November 18, 2026, to gauge recent sales momentum. Additional institutional reports will show whether other wealth managers followed Pinnacle in trimming retail exposure.