The TJX Companies, Inc. $TJX Stock Position Lessened by PineStone Asset Management Inc.

PineStone Asset Management Inc. reduced its stake in The TJX Companies, Inc. (NYSE:TJX) by 2.6% in the fourth quarter, Holdings Channel.com reports. The fund owned 4,226,294 shares of the apparel and home fashions retailer’s stock after selling 112,253 shares during the period. TJX Companies makes up approximately 4.0% of PineStone Asset Management Inc.’s portfolio, making the stock its 8th biggest position. PineStone Asset Management Inc.’s holdings in TJX Companies were worth $649,201,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in TJX. Lavaca Capital LLC purchased a new stake in TJX Companies during the 2nd quarter worth about $25,000. Dogwood Wealth Management LLC boosted its position in shares of TJX Companies by 102.2% in the third quarter. Dogwood Wealth Management LLC now owns 182 shares of the apparel and home fashions retailer’s stock valued at $26,000 after acquiring an additional 92 shares during the period. GGM Financials LLC bought a new position in shares of TJX Companies in the third quarter valued at approximately $27,000. Imprint Wealth LLC purchased a new position in TJX Companies during the third quarter valued at approximately $27,000. Finally, KERR FINANCIAL PLANNING Corp purchased a new position in TJX Companies during the third quarter valued at approximately $28,000. 91.09% of the stock is currently owned by hedge funds and other institutional investors.

TJX Companies Price Performance

Shares of TJX Companies stock opened at $159.64 on Wednesday. The company has a current ratio of 1.14, a quick ratio of 0.59 and a debt-to-equity ratio of 0.18. The firm has a market capitalization of $177.27 billion, a PE ratio of 32.71, a price-to-earnings-growth ratio of 3.58 and a beta of 0.73. The business’s 50-day moving average price is $155.60 and its 200-day moving average price is $150.91. The TJX Companies, Inc. has a 12 month low of $116.37 and a 12 month high of $162.68.

TJX Companies (NYSE:TJX) last announced its quarterly earnings data on Wednesday, February 25th. The apparel and home fashions retailer reported $1.43 earnings per share for the quarter, beating analysts’ consensus estimates of $1.38 by $0.05. The company had revenue of $17.74 billion for the quarter, compared to analysts’ expectations of $17.36 billion. TJX Companies had a return on equity of 57.70% and a net margin of 9.10%.TJX Companies’s revenue for the quarter was up 8.5% compared to the same quarter last year. During the same period last year, the firm posted $1.23 EPS. TJX Companies has set its FY 2027 guidance at 4.930-5.020 EPS and its Q1 2027 guidance at 0.970-0.990 EPS. Sell-side analysts forecast that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 4th. Shareholders of record on Thursday, May 14th will be paid a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a dividend yield of 1.2%. This is a boost from TJX Companies’s previous quarterly dividend of $0.43. The ex-dividend date of this dividend is Thursday, May 14th. TJX Companies’s payout ratio is 34.84%.

Analyst Ratings Changes

TJX has been the topic of several recent analyst reports. Barclays increased their target price on shares of TJX Companies from $172.00 to $183.00 and gave the stock an “overweight” rating in a research note on Thursday, February 26th. Robert W. Baird set a $168.00 price target on shares of TJX Companies in a research report on Wednesday, December 17th. BTIG Research reaffirmed a “buy” rating and issued a $185.00 price target (up from $165.00) on shares of TJX Companies in a report on Thursday, February 26th. JPMorgan Chase & Co. increased their price objective on TJX Companies from $154.00 to $173.00 and gave the stock an “overweight” rating in a research report on Monday, February 23rd. Finally, Telsey Advisory Group lifted their price objective on TJX Companies from $170.00 to $175.00 and gave the company an “outperform” rating in a research note on Thursday, February 26th. Three research analysts have rated the stock with a Strong Buy rating and twenty-two have assigned a Buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of $167.55.

Trending Headlines about TJX Companies

Here are the key news stories impacting TJX Companies this week:

• Positive Sentiment: TJX’s board raised the quarterly dividend by 13% to $0.48 per share (payable June 4; record date May 14), signaling strong cash flow and management confidence—this is the primary catalyst for the intraday strength. The TJX Companies, Inc. Announces 13% Increase in Common Stock Dividend
• Positive Sentiment: Market write‑ups and analyst commentary note the dividend boost makes TJX’s yield and shareholder return story more attractive amid resilient demand for off‑price retail, supporting investor sentiment. TJX Companies’ (TJX) Dividend Just Got More Attractive With a 13% Increase
• Neutral Sentiment: News outlets also flagged the share price reaction (shares rose modestly) and noted TJX is trading near its 52‑week highs; the move appears driven by the dividend announcement rather than new operational info. TJX (TJX) Rises Yet Lags Behind Market: Some Facts Worth Knowing

Insider Buying and Selling at TJX Companies

In other news, CEO Ernie Herrman sold 30,000 shares of the business’s stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $160.95, for a total value of $4,828,500.00. Following the completion of the sale, the chief executive officer directly owned 479,316 shares in the company, valued at approximately $77,145,910.20. The trade was a 5.89% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 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.