Baltimore Washington Financial Advisors Inc. Has $19.89 Million Position in The TJX Companies, Inc. $TJX

Baltimore Washington Financial Advisors Inc. raised its position in The TJX Companies, Inc. (NYSE:TJX) by 4,245.6% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 161,049 shares of the apparel and home fashions retailer’s stock after buying an additional 157,343 shares during the quarter. Baltimore Washington Financial Advisors Inc.’s holdings in TJX Companies were worth $19,888,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC boosted its holdings in TJX Companies by 113.7% in the 4th 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 during the period. Revolve Wealth Partners LLC raised its position in shares of 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 valued at $262,000 after buying an additional 235 shares in the last quarter. Bison Wealth LLC raised its position in shares of 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 valued at $466,000 after buying an additional 955 shares in the last quarter. TCTC Holdings LLC boosted its stake in shares of 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 buying an additional 145 shares during the period. Finally, N.E.W. Advisory Services LLC acquired a new stake in TJX Companies during the first quarter worth approximately $126,000. Institutional investors own 91.09% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on TJX shares. Macquarie reaffirmed a “buy” rating on shares of TJX Companies in a report on Monday, August 11th. Sanford C. Bernstein raised their price target on TJX Companies from $152.00 to $155.00 and gave the stock an “outperform” rating in a research report on Thursday, November 20th. Barclays reaffirmed an “overweight” rating and issued a $168.00 price target (up previously from $155.00) on shares of TJX Companies in a research note on Thursday, November 20th. UBS Group upped their price objective on shares of TJX Companies from $172.00 to $181.00 and gave the stock a “buy” rating in a research report on Thursday, November 20th. Finally, BTIG Research reissued a “buy” rating and issued a $165.00 target price on shares of TJX Companies in a report on Thursday, November 20th. One research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $158.90.

Insider Buying and Selling at TJX Companies

In related news, CEO Ernie Herrman sold 24,363 shares of the business’s stock in a transaction on Friday, November 21st. The stock was sold at an average price of $151.31, for a total transaction of $3,686,365.53. Following the sale, the chief executive officer owned 510,780 shares in the company, valued at $77,286,121.80. The trade was a 4.55% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Amy B. Lane sold 500 shares of the company’s stock in a transaction dated Friday, November 21st. The stock was sold at an average price of $151.40, for a total value of $75,700.00. Following the completion of the transaction, the director directly owned 22,212 shares of the company’s stock, valued at approximately $3,362,896.80. The trade was a 2.20% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 54,863 shares of company stock worth $8,226,366. 0.13% of the stock is currently owned by company insiders.

TJX Companies Stock Up 0.6%

TJX stock opened at $153.32 on Thursday. The firm has a 50-day moving average price of $143.73 and a 200-day moving average price of $134.62. The TJX Companies, Inc. has a 12 month low of $112.10 and a 12 month high of $154.66. 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 stock has a market capitalization of $170.63 billion, a P/E ratio of 34.92, a price-to-earnings-growth ratio of 3.14 and a beta of 0.90.

TJX Companies (NYSE:TJX) last released its quarterly earnings data on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.22 by $0.06. The business had revenue of $15.12 billion during the quarter, compared to analysts’ expectations of $14.80 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 7.5% compared to the same quarter last year. During the same period in the prior year, the company earned $1.14 EPS. 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, equities research analysts anticipate that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 4th. Stockholders of record on Thursday, November 13th will be paid a $0.425 dividend. This represents a $1.70 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Thursday, November 13th. TJX Companies’s dividend payout ratio is presently 37.53%.

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.