The TJX Companies, Inc. $TJX Shares Purchased by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. boosted its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 12.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,044,074 shares of the apparel and home fashions retailer’s stock after acquiring an additional 229,858 shares during the quarter. PNC Financial Services Group Inc. owned 0.18% of TJX Companies worth $295,450,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of TJX. Norges Bank acquired a new position in shares of TJX Companies in the 2nd quarter valued at $1,808,774,000. Laurel Wealth Advisors LLC increased its holdings in TJX Companies by 12,417.0% in the second quarter. Laurel Wealth Advisors LLC now owns 4,057,273 shares of the apparel and home fashions retailer’s stock valued at $501,033,000 after buying an additional 4,024,859 shares in the last quarter. Corient Private Wealth LLC raised its position in shares of TJX Companies by 120.7% in the second quarter. Corient Private Wealth LLC now owns 5,016,792 shares of the apparel and home fashions retailer’s stock worth $620,406,000 after acquiring an additional 2,743,676 shares during the period. ABN AMRO Bank N.V. purchased a new stake in shares of TJX Companies during the 2nd quarter worth about $244,687,000. Finally, Raymond James Financial Inc. grew its position in shares of TJX Companies by 26.3% during the 2nd quarter. Raymond James Financial Inc. now owns 5,952,367 shares of the apparel and home fashions retailer’s stock valued at $735,058,000 after acquiring an additional 1,238,124 shares during the period. Hedge funds and other institutional investors own 91.09% of the company’s stock.

Insider Buying and Selling at TJX Companies

In other news, CEO Ernie Herrman sold 30,000 shares of TJX Companies stock in a transaction on Thursday, November 20th. The stock was sold at an average price of $148.81, for a total transaction of $4,464,300.00. Following the transaction, the chief executive officer owned 535,143 shares in the company, valued at $79,634,629.83. The trade was a 5.31% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, 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 transaction of $75,700.00. Following the completion of the sale, the director directly owned 22,212 shares of the company’s stock, valued at $3,362,896.80. This represents a 2.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 54,863 shares of company stock worth $8,226,366. Insiders own 0.13% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the company. Barclays set a $172.00 price target on TJX Companies and gave the stock an “overweight” rating in a report on Thursday, December 4th. Wells Fargo & Company reiterated a “positive” rating and set a $150.00 target price (up previously from $145.00) on shares of TJX Companies in a research report on Tuesday, December 16th. BTIG Research reissued a “buy” rating and issued a $165.00 price target on shares of TJX Companies in a research note on Thursday, November 20th. Sanford C. Bernstein reissued an “outperform” rating and issued a $170.00 price target on shares of TJX Companies in a report on Tuesday, January 6th. Finally, Wall Street Zen raised shares of TJX Companies from a “hold” rating to a “buy” rating in a report on Sunday, January 11th. Two investment analysts have rated the stock with a Strong Buy rating and twenty-two have assigned a Buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of $163.86.

TJX Companies Stock Up 0.2%

Shares of NYSE TJX opened at $154.49 on Friday. The stock has a market cap of $171.56 billion, a PE ratio of 34.10, a P/E/G ratio of 2.95 and a beta of 0.74. The company has a current ratio of 1.09, a quick ratio of 0.43 and a debt-to-equity ratio of 0.20. The TJX Companies, Inc. has a 12-month low of $112.10 and a 12-month high of $159.48. The company has a 50-day moving average of $154.45 and a 200 day moving average of $145.75.

TJX Companies (NYSE:TJX) last released its earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 earnings per share for the quarter, topping analysts’ consensus estimates of $1.22 by $0.06. The business had revenue of $15.12 billion for the quarter, compared to analyst estimates of $14.80 billion. TJX Companies had a net margin of 8.68% and a return on equity of 58.30%. The business’s revenue was up 7.5% on a year-over-year basis. During the same period last year, the company posted $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. As a group, sell-side analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 5th. Shareholders of record on Thursday, February 12th will be paid 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 (DPR) is 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.