CX Institutional Increases Position in The TJX Companies, Inc. $TJX

CX Institutional lifted its position in The TJX Companies, Inc. (NYSE:TJXFree Report) by 227.8% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 62,944 shares of the apparel and home fashions retailer’s stock after acquiring an additional 43,744 shares during the period. CX Institutional’s holdings in TJX Companies were worth $9,098,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Norges Bank acquired a new position in shares of TJX Companies in the second quarter valued at about $1,808,774,000. Laurel Wealth Advisors LLC boosted its position in TJX Companies by 12,417.0% in the second quarter. Laurel Wealth Advisors LLC now owns 4,057,273 shares of the apparel and home fashions retailer’s stock valued at $501,033,000 after buying an additional 4,024,859 shares during the last quarter. Corient Private Wealth LLC increased its holdings in TJX Companies by 120.7% in the 2nd quarter. Corient Private Wealth LLC now owns 5,016,792 shares of the apparel and home fashions retailer’s stock worth $620,406,000 after buying an additional 2,743,676 shares during the period. ABN AMRO Bank N.V. purchased a new position in TJX Companies during the 2nd quarter worth approximately $244,687,000. Finally, Mirova US LLC lifted its stake in TJX Companies by 164.5% during the 2nd quarter. Mirova US LLC now owns 2,699,156 shares of the apparel and home fashions retailer’s stock valued at $333,319,000 after acquiring an additional 1,678,665 shares during the period. Institutional investors and hedge funds own 91.09% of the company’s stock.

TJX Companies Stock Performance

NYSE TJX opened at $153.96 on Wednesday. The stock has a market capitalization of $170.97 billion, a price-to-earnings ratio of 33.99, a PEG ratio of 3.45 and a beta of 0.75. The stock has a 50-day moving average of $150.75 and a 200 day moving average of $140.11. The company has a current ratio of 1.09, a quick ratio of 0.43 and a debt-to-equity ratio of 0.20. The TJX Companies, Inc. has a twelve month low of $112.10 and a twelve month high of $157.82.

TJX Companies (NYSE:TJXGet Free Report) last issued its quarterly earnings data on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 EPS for the quarter, beating the consensus estimate of $1.22 by $0.06. The company had revenue of $15.12 billion for the quarter, compared to analyst estimates 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% compared to the same quarter last year. 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. Sell-side analysts anticipate that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 5th. Shareholders of record on Thursday, February 12th will be given a dividend of $0.425 per share. The ex-dividend date is Thursday, February 12th. This represents a $1.70 dividend on an annualized basis and a yield of 1.1%. TJX Companies’s dividend payout ratio is currently 37.53%.

Analysts Set New Price Targets

Several research analysts recently issued reports on the stock. BTIG Research reissued a “buy” rating and set a $165.00 target price on shares of TJX Companies in a report on Thursday, November 20th. Barclays set a $172.00 price objective on TJX Companies and gave the company an “overweight” rating in a research note on Thursday, December 4th. The Goldman Sachs Group upped their target price on TJX Companies from $163.00 to $170.00 and gave the stock a “buy” rating in a research note on Thursday, November 20th. UBS Group reiterated a “buy” rating and set a $181.00 price target on shares of TJX Companies in a research report on Thursday, December 4th. Finally, Cowen reissued a “buy” rating on shares of TJX Companies in a report on Thursday, November 20th. Two research analysts have rated the stock with a Strong Buy rating and twenty-three have given a Buy rating to the company’s stock. According to MarketBeat.com, TJX Companies currently has an average rating of “Buy” and an average price target of $162.25.

Check Out Our Latest Analysis on TJX Companies

Insider Buying and Selling at TJX Companies

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

TJX Companies Profile

(Free Report)

TJX Companies, Inc is a leading off-price retailer of apparel, footwear, home fashions and other consumer goods. The company operates multiple retail concepts that offer discounted brand-name and designer merchandise, including well-known banners such as T.J. Maxx and Marshalls in the United States, HomeGoods for home furnishings, TK Maxx in parts of Europe, and Winners and Homesense in Canada. Merchandise categories span women’s, men’s and children’s apparel, accessories, beauty, home décor, kitchenware and small furniture, with frequent changes in assortment that create a “treasure-hunt” shopping experience for consumers.

The company’s business model centers on opportunistic buying, purchasing excess, irregular or out-of-season inventory from manufacturers, department stores and other suppliers, and passing savings to customers through lower prices.

See Also

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Institutional Ownership by Quarter for TJX Companies (NYSE:TJX)

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