Park National Corp OH Lowers Stock Position in The TJX Companies, Inc. $TJX

Park National Corp OH cut its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 1.4% during the first quarter, Holdings Channel.com reports. The firm owned 257,531 shares of the apparel and home fashions retailer’s stock after selling 3,605 shares during the period. TJX Companies makes up 1.3% of Park National Corp OH’s holdings, making the stock its 15th biggest holding. Park National Corp OH’s holdings in TJX Companies were worth $41,128,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. Uhlmann Price Securities LLC bought a new position in TJX Companies in the first quarter worth approximately $379,000. Diversified Trust Co boosted its position in TJX Companies by 5.4% during the 1st quarter. Diversified Trust Co now owns 57,537 shares of the apparel and home fashions retailer’s stock valued at $9,189,000 after acquiring an additional 2,943 shares in the last quarter. Thompson Davis & CO. Inc. boosted its position in TJX Companies by 60.3% during the 1st quarter. Thompson Davis & CO. Inc. now owns 6,115 shares of the apparel and home fashions retailer’s stock valued at $977,000 after acquiring an additional 2,300 shares in the last quarter. Nations Financial Group Inc. IA ADV increased its holdings in shares of TJX Companies by 6.0% in the 1st quarter. Nations Financial Group Inc. IA ADV now owns 1,859 shares of the apparel and home fashions retailer’s stock valued at $297,000 after acquiring an additional 106 shares during the period. Finally, Rockefeller Capital Management L.P. raised its position in shares of TJX Companies by 28.5% in the 4th quarter. Rockefeller Capital Management L.P. now owns 1,315,628 shares of the apparel and home fashions retailer’s stock worth $202,094,000 after acquiring an additional 291,465 shares in the last quarter. 91.09% of the stock is owned by hedge funds and other institutional investors.

TJX Companies News Summary

Here are the key news stories impacting TJX Companies this week:

• Positive Sentiment: TJX remains a standout off-price retailer, with same-store sales up 6% in the latest quarter and strength across its major banners. Management also sees room for more than 1,800 additional stores, including expansion in home furnishings, which supports a longer growth runway.
• Positive Sentiment: The company’s cash flow is supporting share buybacks and dividend growth, which can boost shareholder returns and help offset share count dilution over time. 3 Retail Winners Using Cash Flow to Stay Ahead (TJX)
• Positive Sentiment: Recent articles also emphasize TJX’s consistent execution, including record earnings, rising same-store sales, and an expanding international strategy as Ernie Herrman pushes the business beyond the U.S.
• Neutral Sentiment: Analysts and market commentators are comparing TJX’s reliable performance with its premium valuation, suggesting the stock may already reflect much of the company’s strong fundamentals. TJX Is a Reliable Off-Price Retailer, But for Investors, Is the Premium Too High?
• Neutral Sentiment: Another update noted TJX was up about 4% since its last earnings report and is being watched to see whether earnings estimates keep moving higher, which could influence the stock’s next move. TJX (TJX) Up 4% Since Last Earnings Report: Can It Continue?

Insider Buying and Selling

In other TJX Companies news, Chairman Carol Meyrowitz sold 55,624 shares of the company’s stock in a transaction that occurred on Tuesday, June 9th. The stock was sold at an average price of $163.65, for a total value of $9,102,867.60. Following the sale, the chairman owned 201,496 shares in the company, valued at approximately $32,974,820.40. This represents a 21.63% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Jackwyn Nemerov sold 957 shares of the company’s stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $168.59, for a total value of $161,340.63. Following the completion of the sale, the director owned 802 shares in the company, valued at approximately $135,209.18. This represents a 54.41% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 130,367 shares of company stock worth $20,959,476 over the last ninety days. 0.15% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on TJX shares. Robert W. Baird raised their price objective on TJX Companies from $172.00 to $175.00 and gave the company an “outperform” rating in a research report on Thursday, May 21st. BTIG Research boosted their target price on shares of TJX Companies from $185.00 to $190.00 and gave the stock a “buy” rating in a report on Thursday, May 21st. UBS Group reissued a “buy” rating on shares of TJX Companies in a research report on Tuesday, June 9th. Citigroup restated a “buy” rating and issued a $182.00 price target (up from $168.00) on shares of TJX Companies in a report on Thursday, May 21st. Finally, Wells Fargo & Company reaffirmed an “outperform” rating and issued a $160.00 price objective (up from $155.00) on shares of TJX Companies in a research report on Thursday, May 21st. Three research analysts have rated the stock with a Strong Buy rating and twenty have assigned a Buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $174.58.

TJX Companies Price Performance

NYSE:TJX opened at $163.81 on Friday. The firm has a market capitalization of $180.96 billion, a P/E ratio of 31.81, a PEG ratio of 3.55 and a beta of 0.62. The TJX Companies, Inc. has a 1-year low of $119.84 and a 1-year high of $170.00. The company’s fifty day moving average price is $158.04 and its 200-day moving average price is $156.53. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.14 and a quick ratio of 0.54.

TJX Companies (NYSE:TJX) last posted its earnings results on Wednesday, May 20th. The apparel and home fashions retailer reported $1.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.02 by $0.17. The company had revenue of $14.32 billion during the quarter, compared to the consensus estimate of $14.02 billion. TJX Companies had a net margin of 9.40% and a return on equity of 57.92%. The firm’s quarterly revenue was up 9.2% on a year-over-year basis. During the same period in the previous year, the firm posted $0.92 earnings per share. TJX Companies has set its FY 2027 guidance at 5.080-5.150 EPS and its Q2 2027 guidance at 1.150-1.170 EPS. As a group, equities research analysts anticipate that The TJX Companies, Inc. will post 5.17 EPS for the current year.

TJX Companies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Thursday, August 13th will be paid a $0.48 dividend. The ex-dividend date is Thursday, August 13th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 1.2%. TJX Companies’s dividend payout ratio is presently 37.28%.

TJX Companies 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.