The TJX Companies, Inc. $TJX Stock Position Increased by State of New Jersey Common Pension Fund D

State of New Jersey Common Pension Fund D grew its position in The TJX Companies, Inc. (NYSE:TJX) by 3.4% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 389,753 shares of the apparel and home fashions retailer’s stock after purchasing an additional 12,684 shares during the period. State of New Jersey Common Pension Fund D’s holdings in TJX Companies were worth $56,335,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in TJX. Lavaca Capital LLC acquired a new stake in TJX Companies in the 2nd quarter valued at approximately $25,000. Princeton Global Asset Management LLC acquired a new position in TJX Companies during the 2nd quarter worth $28,000. Howard Hughes Medical Institute bought a new position in shares of TJX Companies in the second quarter worth $30,000. Legacy Investment Solutions LLC acquired a new position in shares of TJX Companies during the second quarter valued at $32,000. Finally, Capital A Wealth Management LLC raised its stake in shares of TJX Companies by 776.7% during the second quarter. Capital A Wealth Management LLC now owns 263 shares of the apparel and home fashions retailer’s stock valued at $32,000 after purchasing an additional 233 shares in the last quarter. Institutional investors own 91.09% of the company’s stock.

Analyst Upgrades and Downgrades

TJX has been the subject of a number of recent analyst reports. Sanford C. Bernstein reissued an “outperform” rating and set a $170.00 target price on shares of TJX Companies in a research note on Tuesday, January 6th. Wall Street Zen upgraded shares of TJX Companies from a “hold” rating to a “buy” rating in a report on Sunday, January 11th. Guggenheim raised TJX Companies to a “strong-buy” rating in a report on Wednesday, December 10th. Morgan Stanley reaffirmed an “overweight” rating and set a $162.00 price target (up from $159.00) on shares of TJX Companies in a research note on Thursday, November 20th. Finally, TD Cowen reissued a “buy” rating 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-two have given a Buy rating to the company’s stock. Based on data from MarketBeat, TJX Companies has a consensus rating of “Buy” and an average price target of $163.86.

Insider Transactions at TJX Companies

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 shares were sold at an average price of $151.40, for a total value of $75,700.00. Following the completion of the transaction, the director owned 22,212 shares of the company’s stock, valued at approximately $3,362,896.80. This trade represents a 2.20% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Ernie Herrman sold 24,363 shares of TJX Companies stock in a transaction that occurred on Friday, November 21st. The stock was sold at an average price of $151.31, for a total transaction of $3,686,365.53. Following the transaction, the chief executive officer owned 510,780 shares in the company, valued at approximately $77,286,121.80. The trade was a 4.55% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 54,863 shares of company stock valued at $8,226,366 over the last ninety days. Insiders own 0.13% of the company’s stock.

TJX Companies Trading Up 0.2%

Shares of NYSE:TJX opened at $154.49 on Friday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.43 and a current ratio of 1.09. The stock has a market capitalization of $171.56 billion, a price-to-earnings ratio of 34.10, a PEG ratio of 2.95 and a beta of 0.74. The TJX Companies, Inc. has a 1-year low of $112.10 and a 1-year high of $159.48. The company has a 50 day moving average price of $154.45 and a 200 day moving average price of $145.75.

TJX Companies (NYSE:TJX) last announced its quarterly earnings data 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. The company had revenue of $15.12 billion during the quarter, compared to the consensus estimate of $14.80 billion. TJX Companies had a return on equity of 58.30% and a net margin of 8.68%.The company’s quarterly revenue was up 7.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $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. On average, research analysts anticipate that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 5th. Shareholders of record on Thursday, February 12th will be issued a dividend of $0.425 per share. This represents a $1.70 annualized dividend and a yield of 1.1%. The ex-dividend date is Thursday, February 12th. TJX Companies’s payout ratio is presently 37.53%.

TJX Companies Company 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.