SlateStone Wealth LLC Raises Stake in The TJX Companies, Inc. $TJX

SlateStone Wealth LLC boosted its stake in The TJX Companies, Inc. (NYSE:TJX) by 2.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 55,078 shares of the apparel and home fashions retailer’s stock after purchasing an additional 1,444 shares during the quarter. SlateStone Wealth LLC’s holdings in TJX Companies were worth $6,802,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of TJX. Brighton Jones LLC grew its stake in TJX Companies by 113.7% during the fourth quarter. Brighton Jones LLC now owns 15,039 shares of the apparel and home fashions retailer’s stock valued at $1,817,000 after acquiring an additional 8,002 shares in the last quarter. Revolve Wealth Partners LLC lifted its stake in 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 worth $262,000 after purchasing an additional 235 shares in the last quarter. Bison Wealth LLC boosted its holdings in 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 valued at $466,000 after purchasing an additional 955 shares during the period. Cornerstone Advisory LLC boosted its holdings in TJX Companies by 12.2% in the 1st quarter. Cornerstone Advisory LLC now owns 2,155 shares of the apparel and home fashions retailer’s stock valued at $277,000 after purchasing an additional 234 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of TJX Companies by 0.6% during the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 245,268 shares of the apparel and home fashions retailer’s stock valued at $29,874,000 after purchasing an additional 1,431 shares in the last quarter. 91.09% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

TJX has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. increased their price objective on TJX Companies from $150.00 to $154.00 and gave the stock an “overweight” rating in a research report on Thursday, November 20th. Wells Fargo & Company restated a “market perform” rating and issued a $145.00 target price (up from $140.00) on shares of TJX Companies in a research note on Thursday. Bank of America raised their price target on TJX Companies from $150.00 to $168.00 and gave the company a “buy” rating in a report on Thursday, November 20th. UBS Group boosted their price objective on TJX Companies from $172.00 to $181.00 and gave the stock a “buy” rating in a report on Thursday, November 20th. Finally, TD Cowen upped their price objective on shares of TJX Companies from $162.00 to $167.00 and gave the stock a “buy” rating in a research report on Thursday, November 20th. One analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of $158.90.

Insiders Place Their Bets

In other TJX Companies news, CEO Ernie Herrman sold 24,363 shares of the company’s stock in a transaction dated Friday, November 21st. The shares were sold at an average price of $151.31, for a total transaction of $3,686,365.53. Following the completion of the sale, the chief executive officer directly owned 510,780 shares in the company, valued at $77,286,121.80. This represents a 4.55% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Amy B. Lane sold 500 shares of the firm’s stock in a transaction dated Friday, November 21st. The shares were 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 in the company, valued at $3,362,896.80. This trade represents a 2.20% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 54,863 shares of company stock valued at $8,226,366 in the last ninety days. 0.13% of the stock is owned by corporate insiders.

TJX Companies Price Performance

TJX opened at $148.92 on Tuesday. The company has a current ratio of 1.17, a quick ratio of 0.52 and a debt-to-equity ratio of 0.32. The stock has a market capitalization of $165.74 billion, a P/E ratio of 33.92, a PEG ratio of 3.14 and a beta of 0.90. The stock has a 50-day moving average price of $143.20 and a 200-day moving average price of $134.32. The TJX Companies, Inc. has a 12-month low of $112.10 and a 12-month high of $152.58.

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

TJX Companies Announces Dividend

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