Stock Traders Purchase High Volume of Call Options on TJX Companies (NYSE:TJX)

The TJX Companies, Inc. (NYSE:TJXGet Free Report) was the target of unusually large options trading on Wednesday. Stock traders bought 38,267 call options on the stock. Thisisanincreaseofapproximately240% compared to the average daily volume of 11,267 call options.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on TJX shares. Citigroup raised TJX Companies from a “neutral” rating to a “buy” rating in a research note on Wednesday, May 21st. Macquarie reissued a “buy” rating on shares of TJX Companies in a research report on Monday, August 11th. Daiwa America raised TJX Companies to a “strong-buy” rating in a research report on Tuesday, July 8th. Telsey Advisory Group reissued an “outperform” rating and issued a $150.00 price objective on shares of TJX Companies in a research report on Wednesday. Finally, TD Securities boosted their price objective on TJX Companies from $140.00 to $142.00 and gave the stock a “buy” rating in a research report on Tuesday, May 20th. One research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $141.33.

Get Our Latest Stock Report on TJX

Insider Buying and Selling

In related news, Director Amy B. Lane sold 950 shares of the firm’s stock in a transaction that occurred on Tuesday, June 3rd. The stock was sold at an average price of $128.09, for a total transaction of $121,685.50. Following the completion of the sale, the director owned 22,712 shares of the company’s stock, valued at $2,909,180.08. This trade represents a 4.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.13% of the stock is owned by corporate insiders.

Institutional Trading of TJX Companies

A number of institutional investors have recently added to or reduced their stakes in TJX. Norges Bank purchased a new stake in TJX Companies during the 2nd quarter worth about $1,808,774,000. Nuveen LLC purchased a new stake in shares of TJX Companies in the 1st quarter valued at about $1,330,717,000. Laurel Wealth Advisors LLC raised its holdings in shares of TJX Companies by 12,417.0% in the 2nd 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 acquiring an additional 4,024,859 shares in the last quarter. GAMMA Investing LLC raised its holdings in shares of TJX Companies by 14,486.1% in the 1st quarter. GAMMA Investing LLC now owns 2,912,116 shares of the apparel and home fashions retailer’s stock valued at $354,696,000 after acquiring an additional 2,892,151 shares in the last quarter. Finally, Corient Private Wealth LLC raised its holdings in shares of TJX Companies by 120.7% in the 2nd quarter. Corient Private Wealth LLC now owns 5,016,792 shares of the apparel and home fashions retailer’s stock valued at $620,406,000 after acquiring an additional 2,743,676 shares in the last quarter. Hedge funds and other institutional investors own 91.09% of the company’s stock.

TJX Companies Stock Up 2.5%

Shares of NYSE TJX opened at $138.0330 on Thursday. The business’s fifty day moving average price is $126.48 and its 200-day moving average price is $125.31. The stock has a market capitalization of $154.20 billion, a PE ratio of 32.48, a P/E/G ratio of 3.14 and a beta of 0.89. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.16 and a quick ratio of 0.51. TJX Companies has a one year low of $111.22 and a one year high of $145.58.

TJX Companies (NYSE:TJXGet Free Report) last issued its quarterly earnings data on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.01 by $0.09. The business had revenue of $14.40 billion for the quarter, compared to analysts’ expectations of $14.12 billion. TJX Companies had a return on equity of 58.81% and a net margin of 8.47%.The firm’s quarterly revenue was up 6.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.96 EPS. TJX Companies has set its FY 2026 guidance at 4.520-4.570 EPS. Q3 2026 guidance at 1.170-1.190 EPS. On average, equities research analysts anticipate that TJX Companies will post 4.18 EPS for the current year.

TJX Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 4th. Investors of record on Thursday, August 14th will be issued a dividend of $0.425 per share. The ex-dividend date of this dividend is Thursday, August 14th. This represents a $1.70 dividend on an annualized basis and a yield of 1.2%. TJX Companies’s dividend payout ratio is 40.00%.

TJX Companies Company Profile

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for TJX Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TJX Companies and related companies with MarketBeat.com's FREE daily email newsletter.