Edgestream Partners L.P. Buys 15,047 Shares of The TJX Companies, Inc. $TJX

Edgestream Partners L.P. grew its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 642.2% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 17,390 shares of the apparel and home fashions retailer’s stock after buying an additional 15,047 shares during the period. Edgestream Partners L.P.’s holdings in TJX Companies were worth $2,147,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of TJX. Ignite Planners LLC raised its position in shares of TJX Companies by 3.8% in the 2nd quarter. Ignite Planners LLC now owns 2,130 shares of the apparel and home fashions retailer’s stock valued at $260,000 after acquiring an additional 77 shares during the period. Revolve Wealth Partners LLC grew its holdings in TJX Companies by 3.3% during the second quarter. Revolve Wealth Partners LLC now owns 2,453 shares of the apparel and home fashions retailer’s stock valued at $303,000 after purchasing an additional 79 shares during the period. Roble Belko & Company Inc increased its stake in TJX Companies by 0.3% in the second quarter. Roble Belko & Company Inc now owns 31,478 shares of the apparel and home fashions retailer’s stock valued at $3,887,000 after purchasing an additional 82 shares in the last quarter. Knuff & Co LLC raised its holdings in TJX Companies by 8.5% in the first quarter. Knuff & Co LLC now owns 1,056 shares of the apparel and home fashions retailer’s stock worth $129,000 after purchasing an additional 83 shares during the period. Finally, 3Chopt Investment Partners LLC boosted its position in shares of TJX Companies by 1.6% during the second quarter. 3Chopt Investment Partners LLC now owns 5,239 shares of the apparel and home fashions retailer’s stock worth $647,000 after purchasing an additional 83 shares in the last quarter. 91.09% of the stock is currently owned by institutional investors and hedge funds.

TJX Companies Stock Performance

Shares of TJX Companies stock opened at $150.26 on Friday. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.09 and a quick ratio of 0.43. The firm has a market cap of $166.86 billion, a price-to-earnings ratio of 33.17, a price-to-earnings-growth ratio of 3.36 and a beta of 0.76. The stock’s 50-day moving average is $145.06 and its 200-day moving average is $135.40. The TJX Companies, Inc. has a one year low of $112.10 and a one year high of $154.66.

TJX Companies (NYSE:TJX) 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, topping analysts’ consensus estimates of $1.22 by $0.06. The business had revenue of $15.12 billion during the quarter, compared to the consensus estimate of $14.80 billion. TJX Companies had a return on equity of 58.30% and a net margin of 8.68%.TJX Companies’s quarterly revenue was up 7.5% on a year-over-year basis. During the same period last year, the company earned $1.14 earnings per share. TJX Companies has set its Q4 2026 guidance at 1.330-1.360 EPS and its FY 2026 guidance at 4.630-4.660 EPS. Equities analysts predict that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 4th. Stockholders of record on Thursday, November 13th were given 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 of this dividend was Thursday, November 13th. TJX Companies’s payout ratio is currently 37.53%.

Wall Street Analyst Weigh In

TJX has been the subject of several research analyst reports. Wall Street Zen raised shares of TJX Companies from a “hold” rating to a “buy” rating in a report on Saturday, August 23rd. TD Cowen boosted their target price on TJX Companies from $162.00 to $167.00 and gave the company a “buy” rating in a research note on Thursday, November 20th. Wells Fargo & Company restated a “market perform” rating and issued a $145.00 price target (up from $140.00) on shares of TJX Companies in a report on Thursday, November 20th. Morgan Stanley reiterated an “overweight” rating and set a $162.00 price objective (up previously from $159.00) on shares of TJX Companies in a report on Thursday, November 20th. Finally, Bank of America boosted their price objective on TJX Companies from $150.00 to $168.00 and gave the company a “buy” rating in a research report on Thursday, November 20th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, TJX Companies presently has a consensus rating of “Buy” and an average target price of $160.37.

Insider Buying and Selling at TJX Companies

In other TJX Companies news, Director Amy B. Lane sold 500 shares of the business’s stock in a transaction dated Friday, November 21st. The shares were sold at an average price of $151.40, for a total transaction of $75,700.00. Following the sale, the director directly owned 22,212 shares of the company’s stock, valued at $3,362,896.80. The trade was a 2.20% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO Ernie Herrman sold 30,000 shares of the stock in a transaction dated Thursday, November 20th. The stock was sold at an average price of $148.81, for a total transaction of $4,464,300.00. Following the transaction, the chief executive officer owned 535,143 shares of the company’s stock, valued at approximately $79,634,629.83. This represents a 5.31% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 54,863 shares of company stock valued at $8,226,366 in the last 90 days. 0.13% of the stock is currently owned by corporate insiders.

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.