Citizens Financial Group Inc. RI Grows Position in The TJX Companies, Inc. $TJX

Citizens Financial Group Inc. RI grew its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 3.1% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 130,431 shares of the apparel and home fashions retailer’s stock after purchasing an additional 3,970 shares during the period. Citizens Financial Group Inc. RI’s holdings in TJX Companies were worth $18,853,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in TJX. Vanguard Group Inc. increased its holdings in TJX Companies by 0.7% in the second quarter. Vanguard Group Inc. now owns 101,141,056 shares of the apparel and home fashions retailer’s stock valued at $12,489,909,000 after buying an additional 727,292 shares in the last quarter. State Street Corp increased its stake in TJX Companies by 0.6% in the 2nd quarter. State Street Corp now owns 48,595,536 shares of the apparel and home fashions retailer’s stock valued at $6,001,063,000 after purchasing an additional 285,737 shares in the last quarter. Geode Capital Management LLC raised its holdings in TJX Companies by 1.2% during the second quarter. Geode Capital Management LLC now owns 26,070,916 shares of the apparel and home fashions retailer’s stock worth $3,205,927,000 after purchasing an additional 301,127 shares during the last quarter. Norges Bank purchased a new stake in TJX Companies during the second quarter worth $1,808,774,000. Finally, Invesco Ltd. grew its holdings in TJX Companies by 0.9% in the second quarter. Invesco Ltd. now owns 9,081,087 shares of the apparel and home fashions retailer’s stock valued at $1,121,423,000 after purchasing an additional 80,487 shares during the last quarter. 91.09% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on TJX. TD Cowen raised their price target on TJX Companies from $162.00 to $167.00 and gave the company a “buy” rating in a research report on Thursday, November 20th. UBS Group reaffirmed a “buy” rating and issued a $193.00 price target (up previously from $181.00) on shares of TJX Companies in a report on Thursday. Barclays set a $172.00 price objective on shares of TJX Companies and gave the stock an “overweight” rating in a research note on Thursday, December 4th. Bank of America upped their target price on TJX Companies from $150.00 to $168.00 and gave the company a “buy” rating in a research note on Thursday, November 20th. Finally, Evercore ISI raised their price target on TJX Companies from $162.00 to $165.00 and gave the stock an “outperform” rating in a research report on Thursday, November 20th. Two investment analysts have rated the stock with a Strong Buy rating and twenty-four have assigned a Buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $163.86.

TJX Companies Price Performance

Shares of NYSE:TJX opened at $157.88 on Monday. The business has a fifty day simple moving average of $151.67 and a 200-day simple moving average of $140.79. The TJX Companies, Inc. has a 52 week low of $112.10 and a 52 week high of $159.48. The company has a market cap of $175.32 billion, a P/E ratio of 34.85, a P/E/G ratio of 3.54 and a beta of 0.75. The company has a quick ratio of 0.43, a current ratio of 1.09 and a debt-to-equity ratio of 0.20.

TJX Companies (NYSE:TJX) last posted its quarterly earnings results 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 during the quarter, compared to analysts’ expectations of $14.80 billion. TJX Companies had a return on equity of 58.30% and a net margin of 8.68%.The firm’s revenue was up 7.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.14 EPS. 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 research analysts forecast that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 5th. Shareholders of record on Thursday, February 12th will be issued 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, February 12th. TJX Companies’s dividend payout ratio (DPR) is 37.53%.

Insider Buying and Selling at TJX Companies

In other TJX Companies news, CEO Ernie Herrman sold 24,363 shares of the business’s stock in a transaction dated 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 completion of the sale, the chief executive officer owned 510,780 shares of the company’s stock, valued at approximately $77,286,121.80. The trade was a 4.55% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Amy B. Lane sold 500 shares of TJX Companies stock in a transaction dated 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 transaction, the director directly owned 22,212 shares in the company, valued at $3,362,896.80. This represents a 2.20% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 54,863 shares of company stock valued at $8,226,366 over the last three months. Corporate insiders own 0.13% of the company’s stock.

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.