169,064 Shares in The TJX Companies, Inc. $TJX Purchased by First Horizon Corp

First Horizon Corp purchased a new stake in shares of The TJX Companies, Inc. (NYSE:TJX) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 169,064 shares of the apparel and home fashions retailer’s stock, valued at approximately $24,437,000. TJX Companies comprises approximately 1.1% of First Horizon Corp’s holdings, making the stock its 20th largest position.

A number of other large investors have also added to or reduced their stakes in the company. Lavaca Capital LLC purchased a new position in shares of TJX Companies in the second quarter valued at $25,000. Princeton Global Asset Management LLC purchased a new position in shares of TJX Companies in the 2nd quarter worth $28,000. Highline Wealth Partners LLC grew its stake in shares of TJX Companies by 65.0% in the 3rd quarter. Highline Wealth Partners LLC now owns 231 shares of the apparel and home fashions retailer’s stock worth $33,000 after buying an additional 91 shares in the last quarter. Howard Hughes Medical Institute purchased a new stake in shares of TJX Companies during the 2nd quarter valued at about $30,000. Finally, Legacy Investment Solutions LLC purchased a new position in shares of TJX Companies in the 2nd quarter worth approximately $32,000. Institutional investors own 91.09% of the company’s stock.

Insider Activity

In other news, Director Amy B. Lane sold 500 shares of the company’s stock in a transaction that occurred on Friday, November 21st. The shares were 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 of the company’s stock, valued at approximately $3,362,896.80. This represents a 2.20% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Ernie Herrman sold 24,363 shares of the stock in a transaction that occurred on Friday, November 21st. The shares were sold at an average price of $151.31, for a total transaction of $3,686,365.53. Following the transaction, the chief executive officer owned 510,780 shares in the company, valued at approximately $77,286,121.80. This represents a 4.55% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 54,863 shares of company stock valued at $8,226,366. Company insiders own 0.13% of the company’s stock.

TJX Companies Stock Down 0.2%

Shares of NYSE TJX opened at $157.88 on Monday. The TJX Companies, Inc. has a 52-week low of $112.10 and a 52-week high of $159.48. The firm has a market capitalization of $175.32 billion, a price-to-earnings ratio of 34.85, a PEG ratio of 3.54 and a beta of 0.75. The stock has a 50 day moving average price of $151.67 and a 200 day moving average price of $140.79. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.43 and a current ratio of 1.09.

TJX Companies (NYSE:TJX) last issued its earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 earnings per share for the quarter, beating analysts’ consensus estimates of $1.22 by $0.06. TJX Companies had a return on equity of 58.30% and a net margin of 8.68%.The business had revenue of $15.12 billion during the quarter, compared to analyst estimates of $14.80 billion. During the same period in the previous year, the company posted $1.14 EPS. TJX Companies’s revenue was up 7.5% on a year-over-year basis. 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 expect that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Announces Dividend

The firm also recently announced 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 of this dividend 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 (DPR) is 37.53%.

Wall Street Analyst Weigh In

TJX has been the topic of several recent research reports. Weiss Ratings restated a “buy (b+)” rating on shares of TJX Companies in a report on Wednesday, October 8th. Jefferies Financial Group reissued a “buy” rating and issued a $170.00 target price on shares of TJX Companies in a research note on Tuesday, November 11th. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $170.00 price target on shares of TJX Companies in a research note on Tuesday, January 6th. Barclays set a $172.00 target price on TJX Companies and gave the company an “overweight” rating in a research note on Thursday, December 4th. Finally, Bank of America raised their price target on TJX Companies from $150.00 to $168.00 and gave the stock a “buy” rating in a research note on Thursday, November 20th. Two equities research analysts have rated the stock with a Strong Buy rating and twenty-four have given a Buy rating to the company. According to data from MarketBeat.com, TJX Companies has an average rating of “Buy” and an average target price of $163.86.

TJX Companies Profile

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.