The TJX Companies, Inc. $TJX Holdings Boosted by BTC Capital Management Inc.

BTC Capital Management Inc. raised its stake in The TJX Companies, Inc. (NYSE:TJX) by 9.5% in the third quarter, HoldingsChannel.com reports. The fund owned 113,215 shares of the apparel and home fashions retailer’s stock after buying an additional 9,811 shares during the quarter. TJX Companies accounts for 1.1% of BTC Capital Management Inc.’s portfolio, making the stock its 26th biggest position. BTC Capital Management Inc.’s holdings in TJX Companies were worth $16,363,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. Norges Bank bought a new stake in shares of TJX Companies in the 2nd quarter worth approximately $1,808,774,000. Laurel Wealth Advisors LLC increased its position in TJX Companies by 12,417.0% in the second quarter. Laurel Wealth Advisors LLC now owns 4,057,273 shares of the apparel and home fashions retailer’s stock worth $501,033,000 after buying an additional 4,024,859 shares during the period. Corient Private Wealth LLC lifted its stake in TJX Companies by 120.7% in the second quarter. Corient Private Wealth LLC now owns 5,016,792 shares of the apparel and home fashions retailer’s stock valued at $620,406,000 after buying an additional 2,743,676 shares during the last quarter. ABN AMRO Bank N.V. bought a new stake in TJX Companies in the second quarter valued at $244,687,000. Finally, Raymond James Financial Inc. boosted its holdings in shares of TJX Companies by 26.3% during the second quarter. Raymond James Financial Inc. now owns 5,952,367 shares of the apparel and home fashions retailer’s stock valued at $735,058,000 after acquiring an additional 1,238,124 shares during the period. 91.09% of the stock is owned by institutional investors.

TJX Companies Price Performance

NYSE:TJX opened at $154.49 on Friday. The business’s 50-day moving average price is $154.45 and its 200 day moving average price is $145.62. The firm has a market cap of $171.56 billion, a P/E ratio of 34.10, a PEG ratio of 2.95 and a beta of 0.74. The TJX Companies, Inc. has a 52-week low of $112.10 and a 52-week high of $159.48. The company has a quick ratio of 0.43, a current ratio of 1.09 and a debt-to-equity ratio of 0.20.

TJX Companies (NYSE:TJX) last issued 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 net margin of 8.68% and a return on equity of 58.30%. The company had revenue of $15.12 billion during the quarter, compared to the consensus estimate 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% on a year-over-year basis. 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. As a group, sell-side analysts predict that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Announces Dividend

The firm also recently announced 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. This represents a $1.70 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Thursday, February 12th. TJX Companies’s dividend payout ratio (DPR) is presently 37.53%.

Analyst Ratings Changes

A number of analysts recently weighed in on TJX shares. Weiss Ratings reaffirmed a “buy (b+)” rating on shares of TJX Companies in a report on Wednesday, January 21st. JPMorgan Chase & Co. upped their target price on shares of TJX Companies from $150.00 to $154.00 and gave the stock an “overweight” rating in a research report on Thursday, November 20th. Robert W. Baird set a $168.00 price target on TJX Companies in a report on Wednesday, December 17th. Morgan Stanley restated an “overweight” rating and issued a $162.00 target price (up from $159.00) on shares of TJX Companies in a research report on Thursday, November 20th. Finally, BTIG Research reiterated a “buy” rating and set a $165.00 price target on shares of TJX Companies in a research report on Thursday, November 20th. Two investment analysts have rated the stock with a Strong Buy rating and twenty-two have issued a Buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of $163.86.

Insider Buying and Selling

In related news, CEO Ernie Herrman sold 24,363 shares of TJX Companies stock in a transaction on Friday, November 21st. The stock was sold at an average price of $151.31, for a total value of $3,686,365.53. Following the transaction, the chief executive officer directly owned 510,780 shares in the company, valued at $77,286,121.80. The trade was a 4.55% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Amy B. Lane sold 500 shares of the business’s stock in a transaction on Friday, November 21st. The stock was sold at an average price of $151.40, for a total value of $75,700.00. Following the sale, 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 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 insiders.

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.