Caprock Group LLC Invests $5.37 Million in The TJX Companies, Inc. $TJX

Caprock Group LLC acquired a new position in The TJX Companies, Inc. (NYSE:TJX) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 39,147 shares of the apparel and home fashions retailer’s stock, valued at approximately $5,367,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Lavaca Capital LLC bought a new stake in shares of TJX Companies during the second quarter valued at approximately $25,000. Princeton Global Asset Management LLC acquired a new stake in TJX Companies in the 2nd quarter valued at approximately $28,000. Howard Hughes Medical Institute bought a new stake in TJX Companies during the 2nd quarter valued at $30,000. Legacy Investment Solutions LLC acquired a new position in TJX Companies during the 2nd quarter worth $32,000. Finally, Capital A Wealth Management LLC boosted its position in TJX Companies by 776.7% during the 2nd quarter. Capital A Wealth Management LLC now owns 263 shares of the apparel and home fashions retailer’s stock worth $32,000 after acquiring an additional 233 shares during the period. 91.09% of the stock is owned by institutional investors and hedge funds.

Insider Activity at TJX Companies

In related news, CEO Ernie Herrman sold 24,363 shares of the business’s 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 directly 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 sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Amy B. Lane sold 500 shares of the stock in a transaction that occurred on Friday, November 21st. The stock was sold at an average price of $151.40, for a total transaction 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. The trade was a 2.20% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 54,863 shares of company stock valued at $8,226,366. 0.13% of the stock is currently owned by corporate insiders.

TJX Companies Trading Down 1.7%

NYSE TJX opened at $150.74 on Thursday. The firm’s 50 day moving average price is $154.34 and its two-hundred day moving average price is $145.36. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.43 and a current ratio of 1.09. The TJX Companies, Inc. has a twelve month low of $112.10 and a twelve month high of $159.48. The stock has a market cap of $167.39 billion, a price-to-earnings ratio of 33.28, a PEG ratio of 2.93 and a beta of 0.74.

TJX Companies (NYSE:TJX) last released its earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 earnings per share (EPS) 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 company had revenue of $15.12 billion during the quarter, compared to analyst estimates of $14.80 billion. During the same quarter in the prior year, the company earned $1.14 earnings per share. The company’s revenue for the quarter 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. Equities analysts anticipate 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. Stockholders of record on Thursday, February 12th will be 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 is Thursday, February 12th. TJX Companies’s dividend payout ratio is 37.53%.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on TJX shares. Citigroup restated a “buy” rating and set a $168.00 price objective (up from $160.00) on shares of TJX Companies in a research note on Thursday, November 20th. TD Cowen reissued a “buy” rating on shares of TJX Companies in a research note on Thursday, November 20th. Bank of America boosted their price target on shares of TJX Companies from $150.00 to $168.00 and gave the stock a “buy” rating in a research report on Thursday, November 20th. Barclays set a $172.00 price objective on shares of TJX Companies and gave the company an “overweight” rating in a report on Thursday, December 4th. Finally, Telsey Advisory Group reiterated an “outperform” rating and set a $170.00 price objective on shares of TJX Companies in a research note on Thursday, December 4th. Two investment analysts have rated the stock with a Strong Buy rating and twenty-two have issued a Buy rating to the stock. Based on data from MarketBeat.com, TJX Companies currently has a consensus rating of “Buy” and a consensus price target of $163.86.

TJX Companies Company 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.