Rockland Trust Co. Sells 3,899 Shares of The TJX Companies, Inc. $TJX

Rockland Trust Co. cut its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 1.2% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 310,774 shares of the apparel and home fashions retailer’s stock after selling 3,899 shares during the period. TJX Companies comprises approximately 1.9% of Rockland Trust Co.’s investment portfolio, making the stock its 13th biggest position. Rockland Trust Co.’s holdings in TJX Companies were worth $47,738,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of TJX. Lavaca Capital LLC bought a new stake in shares of TJX Companies during the second quarter worth about $25,000. Dogwood Wealth Management LLC boosted its stake in shares of TJX Companies by 102.2% in the 3rd quarter. Dogwood Wealth Management LLC now owns 182 shares of the apparel and home fashions retailer’s stock valued at $26,000 after purchasing an additional 92 shares during the last quarter. GGM Financials LLC acquired a new stake in TJX Companies during the 3rd quarter worth about $27,000. Imprint Wealth LLC acquired a new stake in TJX Companies during the third quarter worth approximately $27,000. Finally, KERR FINANCIAL PLANNING Corp acquired a new stake in shares of TJX Companies during the 3rd quarter worth approximately $28,000. Institutional investors and hedge funds own 91.09% of the company’s stock.

Insider Buying and Selling

In other TJX Companies news, CEO Ernie Herrman sold 30,000 shares of the firm’s stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $160.95, for a total transaction of $4,828,500.00. Following the sale, the chief executive officer owned 479,316 shares in the company, valued at $77,145,910.20. This trade represents a 5.89% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.13% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

TJX has been the subject of several research reports. Weiss Ratings restated a “buy (b+)” rating on shares of TJX Companies in a research note on Wednesday, January 21st. JPMorgan Chase & Co. upped their target price on shares of TJX Companies from $154.00 to $173.00 and gave the stock an “overweight” rating in a research note on Monday, February 23rd. Argus raised TJX Companies to a “strong-buy” rating in a report on Tuesday, March 3rd. Guggenheim upgraded shares of TJX Companies to a “strong-buy” rating in a report on Wednesday, December 10th. Finally, Wall Street Zen raised TJX Companies from a “hold” rating to a “buy” rating in a research report on Saturday. Three analysts have rated the stock with a Strong Buy rating and twenty-two have issued a Buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $167.55.

More TJX Companies News

Here are the key news stories impacting TJX Companies this week:

• Positive Sentiment: TJX’s board raised the quarterly dividend by 13% to $0.48 per share (payable June 4; record date May 14), signaling strong cash flow and management confidence—this is the primary catalyst for the intraday strength. The TJX Companies, Inc. Announces 13% Increase in Common Stock Dividend
• Positive Sentiment: Market write‑ups and analyst commentary note the dividend boost makes TJX’s yield and shareholder return story more attractive amid resilient demand for off‑price retail, supporting investor sentiment. TJX Companies’ (TJX) Dividend Just Got More Attractive With a 13% Increase
• Neutral Sentiment: News outlets also flagged the share price reaction (shares rose modestly) and noted TJX is trading near its 52‑week highs; the move appears driven by the dividend announcement rather than new operational info. TJX (TJX) Rises Yet Lags Behind Market: Some Facts Worth Knowing

TJX Companies Price Performance

Shares of NYSE:TJX opened at $159.64 on Wednesday. The stock has a market cap of $177.27 billion, a P/E ratio of 32.71, a P/E/G ratio of 3.58 and a beta of 0.73. The TJX Companies, Inc. has a 12 month low of $116.37 and a 12 month high of $162.68. The company has a 50 day moving average of $155.60 and a 200 day moving average of $150.91. The company has a current ratio of 1.14, a quick ratio of 0.59 and a debt-to-equity ratio of 0.18.

TJX Companies (NYSE:TJX) last issued its quarterly earnings data on Wednesday, February 25th. The apparel and home fashions retailer reported $1.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.38 by $0.05. The company had revenue of $17.74 billion for the quarter, compared to the consensus estimate of $17.36 billion. TJX Companies had a return on equity of 57.70% and a net margin of 9.10%.The firm’s revenue was up 8.5% compared to the same quarter last year. During the same quarter last year, the business posted $1.23 earnings per share. TJX Companies has set its FY 2027 guidance at 4.930-5.020 EPS and its Q1 2027 guidance at 0.970-0.990 EPS. As a group, sell-side analysts forecast that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 4th. Stockholders of record on Thursday, May 14th will be issued a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Thursday, May 14th. This is a positive change from TJX Companies’s previous quarterly dividend of $0.43. TJX Companies’s payout ratio is currently 34.84%.

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.