TJX Companies (NYSE:TJX) Director Amy Lane Sells 500 Shares of Stock

The TJX Companies, Inc. (NYSE:TJX) Director Amy Lane sold 500 shares of the stock in a transaction that occurred 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 owned 22,212 shares in the company, valued at $3,362,896.80. This represents a 2.20% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

TJX Companies Price Performance

Shares of TJX stock traded up $3.39 during trading hours on Friday, hitting $151.46. 10,085,740 shares of the company’s stock were exchanged, compared to its average volume of 5,277,420. The firm has a 50 day moving average of $143.04 and a two-hundred day moving average of $134.10. The TJX Companies, Inc. has a fifty-two week low of $112.10 and a fifty-two week high of $152.58. The firm has a market cap of $168.57 billion, a P/E ratio of 34.50, a P/E/G ratio of 3.14 and a beta of 0.90. The company has a quick ratio of 0.52, a current ratio of 1.17 and a debt-to-equity ratio of 0.32.

TJX Companies (NYSE:TJX) last posted its quarterly earnings data 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. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. The company had revenue of $15.12 billion during the quarter, compared to analysts’ expectations of $14.80 billion. During the same period in the prior year, the business posted $1.14 earnings per share. The firm’s revenue for the quarter was up 7.5% on a year-over-year basis. TJX Companies has set its Q4 2026 guidance at 1.330-1.360 EPS. FY 2026 guidance at 4.630-4.660 EPS. Sell-side analysts forecast that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 4th. Investors of record on Thursday, November 13th will be issued a $0.425 dividend. This represents a $1.70 annualized dividend and a yield of 1.1%. The ex-dividend date is Thursday, November 13th. TJX Companies’s payout ratio is presently 38.72%.

Institutional Trading of TJX Companies

Several institutional investors and hedge funds have recently bought and sold shares of TJX. Vanguard Group Inc. grew its position in TJX Companies by 0.8% in the 3rd quarter. Vanguard Group Inc. now owns 101,961,786 shares of the apparel and home fashions retailer’s stock valued at $14,737,557,000 after acquiring an additional 820,730 shares in the last quarter. State Street Corp increased its stake in TJX Companies by 0.6% during the 2nd quarter. State Street Corp now owns 48,595,536 shares of the apparel and home fashions retailer’s stock worth $6,001,063,000 after buying an additional 285,737 shares during the period. Geode Capital Management LLC lifted its holdings in TJX Companies by 1.2% during the 2nd quarter. Geode Capital Management LLC now owns 26,070,916 shares of the apparel and home fashions retailer’s stock worth $3,205,927,000 after buying an additional 301,127 shares in the last quarter. Capital International Investors boosted its position in TJX Companies by 4.2% in the 3rd quarter. Capital International Investors now owns 15,678,165 shares of the apparel and home fashions retailer’s stock valued at $2,266,066,000 after buying an additional 630,574 shares during the period. Finally, Norges Bank acquired a new position in shares of TJX Companies in the second quarter worth $1,808,774,000. 91.09% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

TJX has been the topic of several research reports. The Goldman Sachs Group raised their target price on TJX Companies from $163.00 to $170.00 and gave the company a “buy” rating in a research report on Thursday. Morgan Stanley restated an “overweight” rating and issued a $162.00 price objective (up previously from $159.00) on shares of TJX Companies in a report on Thursday. Wall Street Zen raised shares of TJX Companies from a “hold” rating to a “buy” rating in a report on Saturday, August 23rd. Erste Group Bank assumed coverage on shares of TJX Companies in a research report on Friday, September 5th. They issued a “buy” rating for the company. Finally, Wells Fargo & Company restated a “market perform” rating and set a $145.00 price target (up from $140.00) on shares of TJX Companies in a research report on Thursday. One research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $158.90.

About TJX Companies

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.