TJX Companies (NYSE:TJX) Trading 1.3% Higher – What’s Next?

The TJX Companies, Inc. (NYSE:TJX) traded up 1.3% during trading on Monday . The company traded as high as $156.63 and last traded at $156.5790. 3,464,901 shares traded hands during mid-day trading, a decline of 34% from the average session volume of 5,289,532 shares. The stock had previously closed at $154.60.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the stock. Barclays set a $172.00 price objective on shares of TJX Companies and gave the stock an “overweight” rating in a research report on Thursday, December 4th. Robert W. Baird set a $168.00 price target on shares of TJX Companies in a report on Wednesday, December 17th. Jefferies Financial Group reiterated a “buy” rating and set a $170.00 price target on shares of TJX Companies in a research report on Tuesday, November 11th. Sanford C. Bernstein boosted their price objective on shares of TJX Companies from $152.00 to $155.00 and gave the company an “outperform” rating in a research report on Thursday, November 20th. Finally, Citigroup restated a “buy” rating and set a $168.00 target price (up from $160.00) on shares of TJX Companies in a research note on Thursday, November 20th. Two equities research analysts have rated the stock with a Strong Buy rating and twenty-three have assigned a Buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of $161.50.

TJX Companies Price Performance

The business’s 50-day simple moving average is $147.85 and its two-hundred day simple moving average is $137.52. The stock has a market cap of $173.88 billion, a price-to-earnings ratio of 34.56, a price-to-earnings-growth ratio of 3.46 and a beta of 0.76. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.09 and a quick ratio of 0.43.

TJX Companies (NYSE:TJX) last announced its quarterly earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 EPS 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 company had revenue of $15.12 billion during the quarter, compared to analysts’ expectations of $14.80 billion. During the same period in the prior year, the company earned $1.14 EPS. TJX Companies’s revenue 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. Research analysts expect that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 5th. Stockholders of record on Thursday, February 12th will be paid a dividend of $0.425 per share. 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, February 12th. TJX Companies’s dividend payout ratio (DPR) is presently 37.53%.

Insider Activity

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 shares were sold at an average price of $151.40, for a total transaction of $75,700.00. Following the sale, the director directly owned 22,212 shares of the company’s stock, valued at $3,362,896.80. The trade was a 2.20% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Ernie Herrman sold 24,363 shares of the company’s stock in a transaction that occurred on Friday, November 21st. The shares were sold at an average price of $151.31, for a total transaction of $3,686,365.53. Following the completion of the transaction, the chief executive officer owned 510,780 shares of the company’s stock, valued at approximately $77,286,121.80. This trade represents a 4.55% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 54,863 shares of company stock worth $8,226,366. Company insiders own 0.13% of the company’s stock.

Institutional Trading of TJX Companies

Institutional investors have recently modified their holdings of the business. Norges Bank bought a new position in TJX Companies during the 2nd quarter worth $1,808,774,000. Laurel Wealth Advisors LLC grew its position in shares of TJX Companies by 12,417.0% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 4,057,273 shares of the apparel and home fashions retailer’s stock valued at $501,033,000 after buying an additional 4,024,859 shares during the last quarter. Alliancebernstein L.P. increased its stake in shares of TJX Companies by 91.6% in the third quarter. Alliancebernstein L.P. now owns 6,712,226 shares of the apparel and home fashions retailer’s stock valued at $970,185,000 after buying an additional 3,208,458 shares during the period. Corient Private Wealth LLC raised its position in shares of TJX Companies by 120.7% during the second quarter. Corient Private Wealth LLC now owns 5,016,792 shares of the apparel and home fashions retailer’s stock worth $620,406,000 after acquiring an additional 2,743,676 shares during the last quarter. Finally, ABN AMRO Bank N.V. acquired a new position in shares of TJX Companies in the second quarter worth approximately $244,687,000. Institutional investors own 91.09% of the company’s stock.

About TJX Companies

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.