Osprey Private Wealth LLC raised its holdings in shares of The TJX Companies, Inc. (NYSE:TJX – Free Report) by 75.3% during the third quarter, according to its most recent filing with the SEC. The firm owned 51,235 shares of the apparel and home fashions retailer’s stock after purchasing an additional 22,005 shares during the period. TJX Companies accounts for about 2.7% of Osprey Private Wealth LLC’s portfolio, making the stock its 14th largest position. Osprey Private Wealth LLC’s holdings in TJX Companies were worth $7,406,000 as of its most recent SEC filing.
Other hedge funds have also recently modified their holdings of the company. Brighton Jones LLC raised its stake in TJX Companies by 113.7% in the fourth quarter. Brighton Jones LLC now owns 15,039 shares of the apparel and home fashions retailer’s stock worth $1,817,000 after buying an additional 8,002 shares in the last quarter. Revolve Wealth Partners LLC increased its holdings in shares of TJX Companies by 12.1% in the 4th quarter. Revolve Wealth Partners LLC now owns 2,172 shares of the apparel and home fashions retailer’s stock valued at $262,000 after acquiring an additional 235 shares during the period. Bison Wealth LLC raised its position in shares of TJX Companies by 32.9% in the 4th quarter. Bison Wealth LLC now owns 3,856 shares of the apparel and home fashions retailer’s stock worth $466,000 after acquiring an additional 955 shares in the last quarter. Van Lanschot Kempen Investment Management N.V. raised its position in shares of TJX Companies by 0.4% in the 1st quarter. Van Lanschot Kempen Investment Management N.V. now owns 85,941 shares of the apparel and home fashions retailer’s stock worth $10,468,000 after acquiring an additional 381 shares in the last quarter. Finally, EntryPoint Capital LLC lifted its stake in shares of TJX Companies by 22.9% during the 1st quarter. EntryPoint Capital LLC now owns 2,967 shares of the apparel and home fashions retailer’s stock worth $361,000 after purchasing an additional 553 shares during the last quarter. Hedge funds and other institutional investors own 91.09% of the company’s stock.
Wall Street Analysts Forecast Growth
Several equities analysts have issued reports on the company. JPMorgan Chase & Co. lifted their target price on TJX Companies from $150.00 to $154.00 and gave the company an “overweight” rating in a research note on Thursday, November 20th. Erste Group Bank started coverage on shares of TJX Companies in a research report on Friday, September 5th. They issued a “buy” rating on the stock. Wells Fargo & Company reiterated a “positive” rating and set a $150.00 price objective (up previously from $145.00) on shares of TJX Companies in a research note on Tuesday. Jefferies Financial Group restated a “buy” rating and issued a $170.00 target price on shares of TJX Companies in a research note on Tuesday, November 11th. Finally, Cowen reaffirmed a “buy” rating on shares of TJX Companies in a research report on Thursday, November 20th. Two analysts have rated the stock with a Strong Buy rating and twenty-three have given a Buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $161.50.
Insider Activity
In other news, CEO Ernie Herrman sold 30,000 shares of the firm’s stock in a transaction dated Thursday, November 20th. The stock was sold at an average price of $148.81, for a total value of $4,464,300.00. Following the completion of the transaction, the chief executive officer directly owned 535,143 shares in the company, valued at $79,634,629.83. This trade represents a 5.31% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Amy B. Lane sold 500 shares of the company’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 sale, the director owned 22,212 shares in the company, valued at approximately $3,362,896.80. This represents a 2.20% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 54,863 shares of company stock valued at $8,226,366. Company insiders own 0.13% of the company’s stock.
TJX Companies Trading Up 0.3%
Shares of TJX Companies stock opened at $155.56 on Thursday. The firm’s 50 day simple moving average is $147.24 and its two-hundred day simple moving average is $137.09. The firm has a market capitalization of $172.75 billion, a price-to-earnings ratio of 34.34, a PEG ratio of 3.47 and a beta of 0.76. The TJX Companies, Inc. has a 12-month low of $112.10 and a 12-month high of $157.82. 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 – Get Free Report) last announced its quarterly earnings data 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 firm had revenue of $15.12 billion for the quarter, compared to analyst estimates of $14.80 billion. During the same period in the previous year, the company earned $1.14 earnings per share. The business’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. Analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current year.
TJX Companies Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 5th. Stockholders of record on Thursday, February 12th will be issued a $0.425 dividend. The ex-dividend date of this dividend is Thursday, February 12th. This represents a $1.70 dividend on an annualized basis and a dividend yield of 1.1%. TJX Companies’s dividend payout ratio is currently 37.53%.
TJX Companies Company 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.
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