HRT Financial LP Buys Shares of 176,458 The TJX Companies, Inc. $TJX

HRT Financial LP acquired a new position in shares of The TJX Companies, Inc. (NYSE:TJX) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 176,458 shares of the apparel and home fashions retailer’s stock, valued at approximately $21,790,000.

Other hedge funds have also added to or reduced their stakes in the company. Ignite Planners LLC grew its stake in TJX Companies by 3.8% in the second quarter. Ignite Planners LLC now owns 2,130 shares of the apparel and home fashions retailer’s stock valued at $260,000 after acquiring an additional 77 shares during the period. Banco de Sabadell S.A increased its stake in TJX Companies by 0.4% in the 2nd quarter. Banco de Sabadell S.A now owns 20,951 shares of the apparel and home fashions retailer’s stock valued at $2,587,000 after buying an additional 77 shares during the last quarter. Revolve Wealth Partners LLC raised its stake in shares of TJX Companies by 3.3% during the 2nd quarter. Revolve Wealth Partners LLC now owns 2,453 shares of the apparel and home fashions retailer’s stock worth $303,000 after purchasing an additional 79 shares during the period. Roble Belko & Company Inc lifted its holdings in TJX Companies by 0.3% during the second quarter. Roble Belko & Company Inc now owns 31,478 shares of the apparel and home fashions retailer’s stock valued at $3,887,000 after purchasing an additional 82 shares during the last quarter. Finally, Knuff & Co LLC lifted its stake in shares of TJX Companies by 8.5% during the 1st quarter. Knuff & Co LLC now owns 1,056 shares of the apparel and home fashions retailer’s stock valued at $129,000 after buying an additional 83 shares in the last quarter. 91.09% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on TJX. Evercore ISI raised their price target on TJX Companies from $162.00 to $165.00 and gave the stock an “outperform” rating in a report on Thursday, November 20th. Citigroup restated a “buy” rating and set a $168.00 target price (up from $160.00) on shares of TJX Companies in a research report on Thursday, November 20th. Wells Fargo & Company restated a “market perform” rating and issued a $145.00 price objective (up previously from $140.00) on shares of TJX Companies in a research report on Thursday, November 20th. Robert W. Baird raised their target price on TJX Companies from $160.00 to $165.00 and gave the stock an “outperform” rating in a research note on Thursday, December 4th. Finally, BTIG Research reissued a “buy” rating and set a $165.00 target price on shares of TJX Companies in a research note on Thursday, November 20th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of $161.10.

Insider Buying and Selling at TJX Companies

In other TJX Companies news, CEO Ernie Herrman sold 30,000 shares of the firm’s stock in a transaction 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 transaction, the chief executive officer owned 535,143 shares in the company, valued at approximately $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 accessible through the SEC website. Also, 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 sale, the director owned 22,212 shares of the company’s stock, valued at $3,362,896.80. This represents a 2.20% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 54,863 shares of company stock valued at $8,226,366. 0.13% of the stock is owned by corporate insiders.

TJX Companies Trading Up 0.3%

TJX Companies stock opened at $156.10 on Friday. The business has a 50-day simple moving average of $146.43 and a two-hundred day simple moving average of $136.42. The TJX Companies, Inc. has a 52-week low of $112.10 and a 52-week high of $157.72. 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 company has a market cap of $173.34 billion, a P/E ratio of 34.46, a P/E/G ratio of 3.49 and a beta of 0.76.

TJX Companies (NYSE:TJX) last released its earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.22 by $0.06. The company had revenue of $15.12 billion during 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 quarterly revenue was up 7.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.14 EPS. 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. Analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Dividend Announcement

The company also recently declared 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. The ex-dividend date of this dividend is Thursday, February 12th. This represents a $1.70 dividend on an annualized basis and a yield of 1.1%. TJX Companies’s dividend 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.