The TJX Companies, Inc. $TJX Shares Bought by State Street Corp

State Street Corp lifted its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 0.6% during the second quarter, Holdings Channel reports. The firm owned 48,595,536 shares of the apparel and home fashions retailer’s stock after acquiring an additional 285,737 shares during the quarter. State Street Corp’s holdings in TJX Companies were worth $6,001,063,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. First American Bank increased its stake in TJX Companies by 4.5% in the second quarter. First American Bank now owns 138,840 shares of the apparel and home fashions retailer’s stock valued at $17,145,000 after purchasing an additional 5,921 shares during the period. FCG Investment Co purchased a new position in shares of TJX Companies during the first quarter worth about $2,620,000. MinichMacGregor Wealth Management LLC purchased a new stake in TJX Companies during the 2nd quarter valued at approximately $5,045,000. Empowered Funds LLC lifted its position in TJX Companies by 66.6% during the 2nd quarter. Empowered Funds LLC now owns 76,998 shares of the apparel and home fashions retailer’s stock worth $9,508,000 after acquiring an additional 30,779 shares during the period. Finally, Hendley & Co. Inc. lifted its position in TJX Companies by 75.0% during the 2nd quarter. Hendley & Co. Inc. now owns 8,305 shares of the apparel and home fashions retailer’s stock worth $1,026,000 after acquiring an additional 3,560 shares during the period. 91.09% of the stock is owned by hedge funds and other institutional investors.

TJX Companies Stock Up 0.2%

TJX stock opened at $153.65 on Tuesday. The company has a market cap of $170.62 billion, a P/E ratio of 33.92, a P/E/G ratio of 3.43 and a beta of 0.76. The TJX Companies, Inc. has a 52 week low of $112.10 and a 52 week high of $154.66. The company’s 50-day moving average price is $145.46 and its 200 day moving average price is $135.74. The company has a current ratio of 1.09, a quick ratio of 0.43 and a debt-to-equity ratio of 0.20.

TJX Companies (NYSE:TJX) last issued its earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 earnings per share (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 analysts’ expectations of $14.80 billion. TJX Companies had a net margin of 8.68% and a return on equity of 58.30%. The firm’s quarterly revenue was up 7.5% compared to the same quarter last year. During the same period last year, the company posted $1.14 earnings per share. 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 expect that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, December 4th. Shareholders of record on Thursday, November 13th were issued a $0.425 dividend. The ex-dividend date of this dividend was Thursday, November 13th. This represents a $1.70 annualized dividend and a yield of 1.1%. TJX Companies’s dividend payout ratio is 37.53%.

Insider Buying and Selling at TJX Companies

In other news, CEO Ernie Herrman sold 24,363 shares of the firm’s 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 completion of the transaction, the chief executive officer owned 510,780 shares in the company, valued at $77,286,121.80. This trade represents a 4.55% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Amy B. Lane sold 500 shares of TJX Companies 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 transaction, the director directly owned 22,212 shares of the company’s stock, valued at $3,362,896.80. This trade represents a 2.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 54,863 shares of company stock worth $8,226,366 in the last three months. 0.13% of the stock is owned by corporate insiders.

Analyst Ratings Changes

TJX has been the topic of a number of recent research reports. Cowen reissued a “buy” rating on shares of TJX Companies in a report on Thursday, November 20th. Morgan Stanley reissued an “overweight” rating and set a $162.00 price target (up from $159.00) on shares of TJX Companies in a report on Thursday, November 20th. Sanford C. Bernstein raised 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. Wells Fargo & Company reaffirmed a “market perform” rating and issued a $145.00 price objective (up previously from $140.00) on shares of TJX Companies in a report on Thursday, November 20th. Finally, Telsey Advisory Group reissued an “outperform” rating and set a $170.00 target price on shares of TJX Companies in a research note on Thursday, December 4th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $160.37.

TJX Companies Profile

The TJX Companies, Inc, together with its subsidiaries, operates as an off-price apparel and home fashions retailer in the United States, Canada, Europe, and Australia. It operates through four segments: Marmaxx, HomeGoods, TJX Canada, and TJX International. The company sells family apparel, including footwear and accessories; home fashions, such as home basics, furniture, rugs, lighting products, giftware, soft home products, decorative accessories, tabletop, and cookware, as well as expanded pet, and gourmet food departments; jewelry and accessories; and other merchandise.