West Family Investments Inc. Purchases 2,574 Shares of The TJX Companies, Inc. $TJX

West Family Investments Inc. increased its position in The TJX Companies, Inc. (NYSE:TJX) by 61.4% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 6,769 shares of the apparel and home fashions retailer’s stock after acquiring an additional 2,574 shares during the quarter. West Family Investments Inc.’s holdings in TJX Companies were worth $836,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in TJX. Princeton Global Asset Management LLC bought a new stake in shares of TJX Companies in the second quarter valued at approximately $28,000. Legacy Investment Solutions LLC bought a new stake in TJX Companies during the 2nd quarter valued at $32,000. True Wealth Design LLC raised its holdings in TJX Companies by 121.1% during the 2nd quarter. True Wealth Design LLC now owns 272 shares of the apparel and home fashions retailer’s stock valued at $34,000 after acquiring an additional 149 shares during the period. Activest Wealth Management lifted its position in shares of TJX Companies by 4,485.7% during the first quarter. Activest Wealth Management now owns 321 shares of the apparel and home fashions retailer’s stock worth $39,000 after acquiring an additional 314 shares in the last quarter. Finally, Maseco LLP bought a new position in shares of TJX Companies in the second quarter worth $43,000. 91.09% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, Director Amy B. Lane sold 500 shares of the firm’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 transaction of $75,700.00. Following the transaction, the director directly owned 22,212 shares in the company, valued at $3,362,896.80. This trade represents a 2.20% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, 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 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 $77,286,121.80. The trade was a 4.55% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 54,863 shares of company stock valued at $8,226,366 over the last 90 days. 0.13% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on TJX. Morgan Stanley reiterated an “overweight” rating and set a $162.00 price objective (up from $159.00) on shares of TJX Companies in a research note on Thursday, November 20th. Robert W. Baird set a $160.00 price target on shares of TJX Companies and gave the stock an “outperform” rating in a report on Thursday, November 20th. Barclays reaffirmed an “overweight” rating and set a $168.00 price objective (up previously from $155.00) on shares of TJX Companies in a research note on Thursday, November 20th. Macquarie reiterated a “buy” rating on shares of TJX Companies in a research note on Monday, August 11th. Finally, Jefferies Financial Group restated a “buy” rating and set a $170.00 price target on shares of TJX Companies in a research report on Tuesday, November 11th. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $158.90.

TJX Companies Stock Performance

Shares of NYSE TJX opened at $152.45 on Friday. The stock’s 50-day moving average is $144.25 and its 200 day moving average is $134.90. The stock has a market cap of $169.67 billion, a price-to-earnings ratio of 34.73, a P/E/G ratio of 3.14 and a beta of 0.90. The TJX Companies, Inc. has a 1-year low of $112.10 and a 1-year high of $154.66. The company has a current ratio of 1.17, a quick ratio of 0.52 and a debt-to-equity ratio of 0.32.

TJX Companies (NYSE:TJX) last released its 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 8.59% and a return on equity of 58.63%. The firm’s quarterly revenue was up 7.5% compared to the same quarter last year. During the same quarter last year, the firm earned $1.14 EPS. TJX Companies has set its Q4 2026 guidance at 1.330-1.360 EPS. FY 2026 guidance at 4.630-4.660 EPS. On average, sell-side analysts anticipate that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 4th. Stockholders of record on Thursday, November 13th will be paid 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, November 13th. TJX Companies’s payout ratio is 37.53%.

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.