CX Institutional Increases Stake in The TJX Companies, Inc. $TJX

CX Institutional raised its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 227.8% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 62,944 shares of the apparel and home fashions retailer’s stock after buying an additional 43,744 shares during the quarter. CX Institutional’s holdings in TJX Companies were worth $9,098,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. First American Bank boosted its stake in shares of TJX Companies by 4.5% in the 2nd quarter. First American Bank now owns 138,840 shares of the apparel and home fashions retailer’s stock valued at $17,145,000 after buying an additional 5,921 shares during the period. Bank of Nova Scotia lifted its stake in TJX Companies by 129.9% in the second quarter. Bank of Nova Scotia now owns 269,813 shares of the apparel and home fashions retailer’s stock worth $33,319,000 after acquiring an additional 152,453 shares during the last quarter. MinichMacGregor Wealth Management LLC acquired a new position in TJX Companies during the 2nd quarter worth approximately $5,045,000. Empowered Funds LLC increased its position in shares of TJX Companies by 66.6% in the 2nd quarter. Empowered Funds LLC now owns 76,998 shares of the apparel and home fashions retailer’s stock valued at $9,508,000 after purchasing an additional 30,779 shares during the last quarter. Finally, Hendley & Co. Inc. raised its holdings in shares of TJX Companies by 75.0% in the 2nd quarter. Hendley & Co. Inc. now owns 8,305 shares of the apparel and home fashions retailer’s stock valued at $1,026,000 after purchasing an additional 3,560 shares in the last quarter. 91.09% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, Director Amy B. Lane sold 500 shares of the company’s stock in a transaction dated 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 of the company’s stock, valued at approximately $3,362,896.80. This represents a 2.20% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Ernie Herrman sold 24,363 shares of the firm’s stock in a transaction dated 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 approximately $77,286,121.80. This represents a 4.55% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 54,863 shares of company stock valued at $8,226,366. 0.13% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of equities analysts recently commented on TJX shares. Morgan Stanley reiterated an “overweight” rating and set a $162.00 target price (up previously from $159.00) on shares of TJX Companies in a research note on Thursday, November 20th. Telsey Advisory Group reaffirmed an “outperform” rating and set a $170.00 price objective on shares of TJX Companies in a research report on Thursday, December 4th. Citigroup reiterated a “buy” rating and issued a $168.00 price objective (up previously from $160.00) on shares of TJX Companies in a report on Thursday, November 20th. Evercore ISI boosted their target price on TJX Companies from $162.00 to $165.00 and gave the stock an “outperform” rating in a research note on Thursday, November 20th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and issued a $170.00 price target on shares of TJX Companies in a report on Tuesday, November 11th. Two research analysts have rated the stock with a Strong Buy rating and twenty-three have assigned a Buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $162.25.

TJX Companies Stock Up 0.1%

TJX Companies stock opened at $153.96 on Wednesday. The TJX Companies, Inc. has a fifty-two week low of $112.10 and a fifty-two week high of $157.82. 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 company has a market capitalization of $170.97 billion, a P/E ratio of 33.99, a PEG ratio of 3.45 and a beta of 0.75. The stock has a 50-day simple moving average of $150.75 and a 200-day simple moving average of $140.11.

TJX Companies (NYSE:TJX) last released its quarterly earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 earnings per share (EPS) for the quarter, topping 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 quarter last year, the business posted $1.14 EPS. The firm’s quarterly 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. Equities research analysts expect that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 5th. Investors of record on Thursday, February 12th will be given a $0.425 dividend. The ex-dividend date is Thursday, February 12th. This represents a $1.70 annualized dividend and a yield of 1.1%. TJX Companies’s dividend payout ratio is 37.53%.

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.