The TJX Companies, Inc. (NYSE:TJX) to Issue $0.43 Quarterly Dividend

The TJX Companies, Inc. (NYSE:TJX) announced a quarterly dividend on Tuesday, December 9th. Shareholders of record on Thursday, February 12th will be paid a dividend of 0.425 per share by the apparel and home fashions retailer on Thursday, March 5th. This represents a c) dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Thursday, February 12th.

TJX Companies has increased its dividend by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 5 consecutive years. TJX Companies has a payout ratio of 34.3% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect TJX Companies to earn $4.58 per share next year, which means the company should continue to be able to cover its $1.70 annual dividend with an expected future payout ratio of 37.1%.

TJX Companies Stock Performance

Shares of TJX stock traded up $1.81 during trading hours on Wednesday, reaching $155.49. 881,610 shares of the company’s stock were exchanged, compared to its average volume of 5,269,487. 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 50 day moving average is $145.65 and its two-hundred day moving average is $135.93. The company has a market cap of $172.66 billion, a P/E ratio of 34.34, a price-to-earnings-growth ratio of 3.44 and a beta of 0.76. TJX Companies has a 1 year low of $112.10 and a 1 year high of $155.77.

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, beating analysts’ consensus estimates of $1.22 by $0.06. TJX Companies had a return on equity of 58.30% and a net margin of 8.68%.The firm 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 business earned $1.14 earnings per share. The company’s revenue for the quarter 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. Equities research analysts anticipate that TJX Companies will post 4.18 EPS for the current fiscal year.

Insider Transactions at TJX Companies

In other news, CEO Ernie Herrman sold 30,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 20th. The shares were sold at an average price of $148.81, for a total transaction of $4,464,300.00. Following the completion of the transaction, the chief executive officer directly owned 535,143 shares of the company’s stock, valued at $79,634,629.83. This trade represents a 5.31% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Amy B. Lane sold 500 shares of the company’s stock in a transaction that occurred on Friday, November 21st. The shares were sold at an average price of $151.40, for a total value of $75,700.00. Following the completion of the sale, the director directly owned 22,212 shares in the company, valued at approximately $3,362,896.80. The trade was a 2.20% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 54,863 shares of company stock valued at $8,226,366. 0.13% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On TJX Companies

Several hedge funds have recently bought and sold shares of TJX. Brighton Jones LLC boosted its stake in shares of TJX Companies by 113.7% during the fourth quarter. Brighton Jones LLC now owns 15,039 shares of the apparel and home fashions retailer’s stock valued at $1,817,000 after acquiring an additional 8,002 shares during the last quarter. Revolve Wealth Partners LLC lifted its holdings in TJX Companies by 12.1% in the 4th quarter. Revolve Wealth Partners LLC now owns 2,172 shares of the apparel and home fashions retailer’s stock valued at $262,000 after purchasing an additional 235 shares in the last quarter. Bison Wealth LLC boosted its stake in shares of TJX Companies by 32.9% during the 4th quarter. Bison Wealth LLC now owns 3,856 shares of the apparel and home fashions retailer’s stock worth $466,000 after purchasing an additional 955 shares during the last quarter. Cooper Financial Group boosted its stake in shares of TJX Companies by 8.2% during the 1st quarter. Cooper Financial Group now owns 2,648 shares of the apparel and home fashions retailer’s stock worth $323,000 after purchasing an additional 200 shares during the last quarter. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors grew its holdings in shares of TJX Companies by 20.4% during the first quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 6,003 shares of the apparel and home fashions retailer’s stock worth $737,000 after buying an additional 1,016 shares in the last quarter. Hedge funds and other institutional investors own 91.09% of the company’s stock.

About TJX Companies

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.