12,890 Shares in The TJX Companies, Inc. $TJX Purchased by WT Wealth Management

WT Wealth Management bought a new stake in The TJX Companies, Inc. (NYSE:TJX) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 12,890 shares of the apparel and home fashions retailer’s stock, valued at approximately $1,592,000.

Other institutional investors also recently bought and sold shares of the company. First American Bank increased its stake in shares of TJX Companies by 4.5% in the 2nd quarter. First American Bank now owns 138,840 shares of the apparel and home fashions retailer’s stock valued at $17,145,000 after purchasing an additional 5,921 shares in the last quarter. Bank of Nova Scotia boosted its position in TJX Companies by 129.9% during the second quarter. Bank of Nova Scotia now owns 269,813 shares of the apparel and home fashions retailer’s stock worth $33,319,000 after purchasing an additional 152,453 shares in the last quarter. FCG Investment Co acquired a new stake in TJX Companies in the first quarter valued at approximately $2,620,000. MinichMacGregor Wealth Management LLC purchased a new stake in shares of TJX Companies in the second quarter valued at approximately $5,045,000. Finally, Empowered Funds LLC increased its position in shares of TJX Companies by 66.6% in the second quarter. Empowered Funds LLC now owns 76,998 shares of the apparel and home fashions retailer’s stock valued at $9,508,000 after buying an additional 30,779 shares in the last quarter. 91.09% of the stock is owned by hedge funds and other institutional investors.

TJX Companies Price Performance

TJX Companies stock opened at $156.10 on Monday. The company has a fifty day simple moving average of $146.43 and a 200-day simple moving average of $136.55. The firm has a market capitalization of $173.34 billion, a price-to-earnings ratio of 34.46, a PEG ratio of 3.50 and a beta of 0.76. The company has a quick ratio of 0.43, a current ratio of 1.09 and a debt-to-equity ratio of 0.20. The TJX Companies, Inc. has a 52-week low of $112.10 and a 52-week high of $157.72.

TJX Companies (NYSE:TJX) last posted its quarterly earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 earnings per share for the quarter, topping the consensus estimate of $1.22 by $0.06. TJX Companies had a net margin of 8.68% and a return on equity of 58.30%. The firm had revenue of $15.12 billion for the quarter, compared to the consensus estimate of $14.80 billion. During the same period last year, the firm posted $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. On average, equities 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 announced a quarterly dividend, which will be paid on Thursday, March 5th. Stockholders of record on Thursday, February 12th will be issued a dividend of $0.425 per share. This represents a $1.70 annualized dividend and a dividend yield of 1.1%. The ex-dividend date is Thursday, February 12th. TJX Companies’s payout ratio is currently 37.53%.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on TJX. Jefferies Financial Group reissued a “buy” rating and issued a $170.00 price target on shares of TJX Companies in a research note on Tuesday, November 11th. Evercore ISI increased their price objective on shares of TJX Companies from $162.00 to $165.00 and gave the company an “outperform” rating in a report on Thursday, November 20th. JPMorgan Chase & Co. lifted their target price on shares of TJX Companies from $150.00 to $154.00 and gave the company an “overweight” rating in a research report on Thursday, November 20th. TD Cowen upped their price target on shares of TJX Companies from $162.00 to $167.00 and gave the stock a “buy” rating in a research report on Thursday, November 20th. Finally, Erste Group Bank started coverage on shares of TJX Companies in a research note on Friday, September 5th. They issued a “buy” rating on the stock. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $161.10.

Insider Buying and Selling

In related news, CEO Ernie Herrman sold 24,363 shares of the stock in a transaction that occurred on Friday, November 21st. The stock was sold at an average price of $151.31, for a total value 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. This trade represents a 4.55% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Amy B. Lane sold 500 shares of TJX Companies 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 approximately $3,362,896.80. The trade was a 2.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 54,863 shares of company stock valued at $8,226,366 over the last 90 days. Company insiders own 0.13% of the company’s stock.

TJX Companies Company Profile

The TJX Companies, Inc, together with its subsidiaries, operates as an off-price apparel and home fashions retailer in the United States, Canada, Europe, and Australia. It operates through four segments: Marmaxx, HomeGoods, TJX Canada, and TJX International. The company sells family apparel, including footwear and accessories; home fashions, such as home basics, furniture, rugs, lighting products, giftware, soft home products, decorative accessories, tabletop, and cookware, as well as expanded pet, and gourmet food departments; jewelry and accessories; and other merchandise.