Cooper Haims Advisors LLC Takes $205,000 Position in The TJX Companies, Inc. $TJX

Cooper Haims Advisors LLC purchased a new stake in The TJX Companies, Inc. (NYSE:TJX) during the second quarter, according to its most recent filing with the SEC. The firm purchased 1,657 shares of the apparel and home fashions retailer’s stock, valued at approximately $205,000.

Other institutional investors also recently bought and sold shares of the company. Journey Strategic Wealth LLC boosted its stake in TJX Companies by 27.4% in the 2nd quarter. Journey Strategic Wealth LLC now owns 12,024 shares of the apparel and home fashions retailer’s stock worth $1,485,000 after purchasing an additional 2,587 shares in the last quarter. Archer Investment Corp raised its position in shares of TJX Companies by 1,135.4% in the second quarter. Archer Investment Corp now owns 2,236 shares of the apparel and home fashions retailer’s stock worth $276,000 after acquiring an additional 2,055 shares during the period. MAI Capital Management boosted its position in TJX Companies by 1.5% during the second quarter. MAI Capital Management now owns 135,116 shares of the apparel and home fashions retailer’s stock worth $16,685,000 after purchasing an additional 2,058 shares in the last quarter. Neo Ivy Capital Management acquired a new stake in TJX Companies in the 2nd quarter valued at $769,000. Finally, Entropy Technologies LP purchased a new stake in shares of TJX Companies during the second quarter worth about $2,059,000. 91.09% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms recently weighed in on TJX. Barclays restated an “overweight” rating and set a $168.00 price target (up from $155.00) on shares of TJX Companies in a research report on Thursday. Evercore ISI lifted their price target on shares of TJX Companies from $162.00 to $165.00 and gave the company an “outperform” rating in a research report on Thursday. TD Cowen boosted their price target on shares of TJX Companies from $162.00 to $167.00 and gave the stock a “buy” rating in a report on Thursday. Morgan Stanley restated an “overweight” rating and set a $162.00 price objective (up previously from $159.00) on shares of TJX Companies in a research report on Thursday. Finally, Telsey Advisory Group reissued an “outperform” rating and set a $170.00 price objective (up from $155.00) on shares of TJX Companies in a research report on Wednesday. One analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, TJX Companies presently has a consensus rating of “Buy” and a consensus price target of $158.90.

TJX Companies Stock Up 2.3%

Shares of NYSE TJX opened at $151.46 on Friday. 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 TJX Companies, Inc. has a 12-month low of $112.10 and a 12-month high of $152.58. The stock has a fifty day moving average price of $143.04 and a 200 day moving average price of $134.10. The company 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.

TJX Companies (NYSE:TJX) last announced its earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 earnings per share for the quarter, beating the consensus estimate of $1.22 by $0.06. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. The business had revenue of $15.12 billion during the quarter, compared to the consensus estimate of $14.80 billion. During the same period in the prior year, the firm 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. FY 2026 guidance at 4.630-4.660 EPS. Research analysts anticipate that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Announces Dividend

The firm also recently declared 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. The ex-dividend date of this dividend is Thursday, November 13th. This represents a $1.70 dividend on an annualized basis and a yield of 1.1%. TJX Companies’s dividend payout ratio is currently 38.72%.

Insider Buying and Selling

In other news, CEO Ernie Herrman sold 24,363 shares of the stock in a transaction that occurred on Friday, November 21st. The stock was sold at an average price of $151.31, for a total transaction of $3,686,365.53. Following the completion of the transaction, the chief executive officer directly owned 510,780 shares in the company, valued at approximately $77,286,121.80. This represents a 4.55% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Amy B. Lane sold 500 shares of the company’s stock in a transaction on 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 in the company, valued at $3,362,896.80. This represents a 2.20% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 54,863 shares of company stock valued at $8,226,366. 0.13% of the stock is owned by insiders.

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.