Canada Post Corp Registered Pension Plan Raises Stock Position in The TJX Companies, Inc. $TJX

Canada Post Corp Registered Pension Plan increased its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 163.9% in the 3rd quarter, HoldingsChannel reports. The fund owned 90,574 shares of the apparel and home fashions retailer’s stock after acquiring an additional 56,257 shares during the period. Canada Post Corp Registered Pension Plan’s holdings in TJX Companies were worth $12,999,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. Lavaca Capital LLC acquired a new stake in shares of TJX Companies in the 2nd quarter worth $25,000. Princeton Global Asset Management LLC purchased a new stake in TJX Companies in the second quarter valued at about $28,000. Howard Hughes Medical Institute acquired a new stake in TJX Companies in the second quarter worth about $30,000. Legacy Investment Solutions LLC acquired a new stake in TJX Companies in the second quarter worth about $32,000. Finally, Capital A Wealth Management LLC grew its stake in shares of TJX Companies by 776.7% during the second 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 last quarter. 91.09% of the stock is currently owned by institutional investors and hedge funds.

TJX Companies Stock Up 0.3%

NYSE:TJX opened at $155.86 on Friday. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.09 and a quick ratio of 0.43. The company’s fifty day moving average price is $154.16 and its 200-day moving average price is $144.66. The TJX Companies, Inc. has a 1-year low of $112.10 and a 1-year high of $159.48. The firm has a market capitalization of $173.08 billion, a P/E ratio of 34.41, a PEG ratio of 2.97 and a beta of 0.74.

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 for the quarter, compared to analyst estimates of $14.80 billion. TJX Companies had a net margin of 8.68% and a return on equity of 58.30%. The firm’s revenue was up 7.5% on a year-over-year basis. During the same period in the prior year, the company earned $1.14 earnings per share. 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, equities research analysts anticipate that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 5th. Investors 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 yield of 1.1%. The ex-dividend date of this dividend is Thursday, February 12th. TJX Companies’s dividend payout ratio (DPR) is 37.53%.

Insider Activity at TJX Companies

In other TJX Companies news, Director Amy B. Lane sold 500 shares of the business’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 completion of the transaction, the director directly 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 ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Ernie Herrman sold 30,000 shares of the company’s stock in a transaction that occurred on Thursday, November 20th. The stock was sold at an average price of $148.81, for a total value of $4,464,300.00. Following the completion of the sale, the chief executive officer owned 535,143 shares in the company, valued at approximately $79,634,629.83. This represents a 5.31% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 54,863 shares of company stock valued at $8,226,366. 0.13% of the stock is owned by company insiders.

Analyst Ratings Changes

Several equities analysts recently commented on TJX shares. Barclays set a $172.00 price objective on shares of TJX Companies and gave the company an “overweight” rating in a research report on Thursday, December 4th. Citigroup reaffirmed a “buy” rating and issued a $168.00 price target (up previously from $160.00) on shares of TJX Companies in a report on Thursday, November 20th. Wells Fargo & Company reissued a “positive” rating and set a $150.00 price objective (up from $145.00) on shares of TJX Companies in a report on Tuesday, December 16th. Weiss Ratings reissued a “buy (b+)” rating on shares of TJX Companies in a research report on Wednesday, January 21st. Finally, The Goldman Sachs Group lifted their price target on TJX Companies from $163.00 to $170.00 and gave the stock a “buy” rating in a research report on Thursday, November 20th. Two equities research analysts have rated the stock with a Strong Buy rating and twenty-two have issued a Buy rating to the stock. According to MarketBeat, the stock has a consensus 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.