TJX Companies Target of Unusually Large Options Trading (NYSE:TJX)

The TJX Companies, Inc. (NYSE:TJX) saw unusually large options trading activity on Thursday. Stock traders bought 18,552 call options on the company. This is an increase of 70% compared to the average daily volume of 10,934 call options.

TJX Companies Stock Up 0.7%

NYSE TJX opened at $141.46 on Friday. The stock’s 50 day simple moving average is $134.36 and its 200 day simple moving average is $128.11. TJX Companies has a one year low of $111.22 and a one year high of $145.58. The firm has a market cap of $157.43 billion, a PE ratio of 32.22, a price-to-earnings-growth ratio of 3.16 and a beta of 0.90. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.17 and a quick ratio of 0.52.

TJX Companies (NYSE:TJX) last issued its quarterly earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.09. The business had revenue of $14.40 billion for the quarter, compared to the consensus estimate of $14.12 billion. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. The firm’s quarterly revenue was up 6.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $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, sell-side analysts forecast that TJX Companies will post 4.18 earnings per share for the current fiscal year.

TJX Companies Dividend Announcement

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

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. JPMorgan Chase & Co. increased their price target on shares of TJX Companies from $145.00 to $148.00 and gave the stock an “overweight” rating in a research report on Thursday, August 21st. Robert W. Baird increased their target price on TJX Companies from $143.00 to $152.00 and gave the stock an “outperform” rating in a report on Thursday, August 21st. Wells Fargo & Company raised their target price on TJX Companies from $120.00 to $130.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 21st. Wall Street Zen upgraded TJX Companies from a “hold” rating to a “buy” rating in a research report on Saturday, August 23rd. Finally, Daiwa America upgraded TJX Companies to a “strong-buy” rating in a research note on Tuesday, July 8th. One analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $147.58.

Hedge Funds Weigh In On TJX Companies

Several hedge funds have recently added to or reduced their stakes in TJX. Lavaca Capital LLC acquired a new stake in shares of TJX Companies in the 2nd quarter valued at approximately $25,000. TCTC Holdings LLC increased its stake in TJX Companies by 210.1% in the first quarter. TCTC Holdings LLC now owns 214 shares of the apparel and home fashions retailer’s stock valued at $26,000 after purchasing an additional 145 shares in the last quarter. Princeton Global Asset Management LLC acquired a new stake in TJX Companies in the second quarter worth $28,000. Howard Hughes Medical Institute bought a new position in shares of TJX Companies during the second quarter worth $30,000. Finally, Legacy Investment Solutions LLC acquired a new position in shares of TJX Companies in the 2nd quarter valued at $32,000. Institutional investors and hedge funds own 91.09% of the company’s stock.

About TJX Companies

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.