Wesbanco Bank Inc. Boosts Stock Position in The TJX Companies, Inc. $TJX

Wesbanco Bank Inc. grew its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 19.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 89,651 shares of the apparel and home fashions retailer’s stock after purchasing an additional 14,432 shares during the quarter. Wesbanco Bank Inc.’s holdings in TJX Companies were worth $12,958,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Northwest Financial Advisors purchased a new stake in TJX Companies in the third quarter worth approximately $231,000. BridgePort Financial Solutions LLC bought a new stake in shares of TJX Companies in the 3rd quarter worth approximately $228,000. Midwest Trust Co boosted its stake in shares of TJX Companies by 7.5% in the 3rd quarter. Midwest Trust Co now owns 31,294 shares of the apparel and home fashions retailer’s stock valued at $4,523,000 after purchasing an additional 2,193 shares in the last quarter. Rockland Trust Co. grew its holdings in shares of TJX Companies by 13.8% during the 3rd quarter. Rockland Trust Co. now owns 314,673 shares of the apparel and home fashions retailer’s stock valued at $45,483,000 after purchasing an additional 38,236 shares during the last quarter. Finally, First National Trust Co raised its position in TJX Companies by 0.6% in the 3rd quarter. First National Trust Co now owns 84,174 shares of the apparel and home fashions retailer’s stock worth $12,167,000 after purchasing an additional 513 shares during the period. 91.09% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at TJX Companies

In other TJX Companies news, CEO Ernie Herrman sold 24,363 shares of TJX Companies stock in a transaction that occurred on 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 sale, 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 position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Amy B. Lane sold 500 shares of the company’s stock in a transaction that occurred on Friday, November 21st. The stock was sold at an average price of $151.40, for a total value of $75,700.00. Following the transaction, the director owned 22,212 shares in the company, valued at $3,362,896.80. This trade represents a 2.20% decrease in their position. 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.

Analyst Ratings Changes

TJX has been the topic of a number of recent research reports. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $170.00 price objective on shares of TJX Companies in a research note on Tuesday, January 6th. Telsey Advisory Group restated an “outperform” rating and set a $170.00 price target on shares of TJX Companies in a research report on Thursday, December 4th. Bank of America lifted 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. Wells Fargo & Company reissued a “positive” rating and set a $150.00 price objective (up previously from $145.00) on shares of TJX Companies in a research note on Tuesday, December 16th. Finally, The Goldman Sachs Group lifted their target price on shares of TJX Companies from $163.00 to $170.00 and gave the stock a “buy” rating in a research note on Thursday, November 20th. Two research analysts have rated the stock with a Strong Buy rating and twenty-two have assigned a Buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $163.86.

TJX Companies Stock Performance

Shares of TJX stock opened at $156.11 on Tuesday. The firm has a market capitalization of $173.36 billion, a price-to-earnings ratio of 34.46, a PEG ratio of 2.98 and a beta of 0.74. The stock has a fifty day moving average of $154.27 and a 200 day moving average of $145.13. The TJX Companies, Inc. has a 52 week low of $112.10 and a 52 week high of $159.48. 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 issued its quarterly earnings data 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 net margin of 8.68% and a return on equity of 58.30%. The business had revenue of $15.12 billion for the quarter, compared to the consensus estimate of $14.80 billion. During the same period in the previous year, the firm earned $1.14 EPS. The company’s quarterly revenue was up 7.5% compared to the same quarter last year. 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. As a group, research analysts expect that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Dividend Announcement

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 issued a $0.425 dividend. The ex-dividend date is Thursday, February 12th. This represents a $1.70 annualized dividend and a yield of 1.1%. TJX Companies’s dividend payout ratio (DPR) is 37.53%.

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.