The TJX Companies, Inc. $TJX Shares Bought by Glenview Trust Co

Glenview Trust Co grew its position in The TJX Companies, Inc. (NYSE:TJX) by 2.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 123,244 shares of the apparel and home fashions retailer’s stock after purchasing an additional 3,326 shares during the period. Glenview Trust Co’s holdings in TJX Companies were worth $17,814,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the company. Lavaca Capital LLC acquired a new position in TJX Companies during the second quarter valued at approximately $25,000. Princeton Global Asset Management LLC purchased a new position in shares of TJX Companies in the 2nd quarter valued at $28,000. Howard Hughes Medical Institute purchased a new position in shares of TJX Companies in the 2nd quarter valued at $30,000. Legacy Investment Solutions LLC acquired a new position in shares of TJX Companies during the 2nd quarter valued at $32,000. Finally, Capital A Wealth Management LLC boosted its position in TJX Companies by 776.7% during the 2nd quarter. Capital A Wealth Management LLC now owns 263 shares of the apparel and home fashions retailer’s stock worth $32,000 after purchasing an additional 233 shares during the period. Hedge funds and other institutional investors own 91.09% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have commented on TJX shares. Evercore raised their price objective on TJX Companies from $162.00 to $165.00 and gave the company an “outperform” rating in a research report on Thursday, November 20th. UBS Group reiterated a “buy” rating and set a $193.00 target price (up from $181.00) on shares of TJX Companies in a report on Thursday, January 8th. Morgan Stanley reissued an “overweight” rating and set a $162.00 price target (up from $159.00) on shares of TJX Companies in a research report on Thursday, November 20th. Telsey Advisory Group reiterated an “outperform” rating and set a $170.00 price objective on shares of TJX Companies in a research note on Thursday, December 4th. Finally, Jefferies Financial Group reissued a “buy” rating and set a $170.00 target price on shares of TJX Companies in a research report on Tuesday, November 11th. Two analysts have rated the stock with a Strong Buy rating and twenty-two have given a Buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $163.86.

TJX Companies Stock Performance

Shares of TJX opened at $154.49 on Tuesday. The business’s 50 day moving average is $154.47 and its two-hundred day moving average is $146.11. The TJX Companies, Inc. has a 52-week low of $112.10 and a 52-week high of $159.48. The firm has a market cap of $171.56 billion, a price-to-earnings ratio of 34.10, a PEG ratio of 2.95 and a beta of 0.74. The company has a quick ratio of 0.43, a current ratio of 1.09 and a debt-to-equity ratio of 0.20.

TJX Companies (NYSE:TJX) last released its quarterly earnings results 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. The business had revenue of $15.12 billion during the quarter, compared to the consensus estimate of $14.80 billion. TJX Companies had a net margin of 8.68% and a return on equity of 58.30%. The business’s quarterly revenue was up 7.5% compared to the same quarter last year. During the same quarter last year, the company earned $1.14 earnings per share. TJX Companies has set its Q4 2026 guidance at 1.330-1.360 EPS and its FY 2026 guidance at 4.630-4.660 EPS. Analysts forecast that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 5th. Stockholders of record on Thursday, February 12th will be given a $0.425 dividend. The ex-dividend date of this dividend is Thursday, February 12th. This represents a $1.70 annualized dividend and a dividend yield of 1.1%. TJX Companies’s payout ratio is presently 37.53%.

Insider Transactions at TJX Companies

In related news, CEO Ernie Herrman sold 24,363 shares of TJX Companies stock in a transaction dated Friday, November 21st. The stock was sold at an average price of $151.31, for a total value 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 trade represents a 4.55% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Amy B. Lane sold 500 shares of the company’s stock in a transaction that occurred on Friday, November 21st. The shares were sold at an average price of $151.40, for a total value of $75,700.00. Following the sale, the director owned 22,212 shares in the company, valued at $3,362,896.80. The trade was a 2.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 54,863 shares of company stock worth $8,226,366. Company insiders own 0.13% of the company’s stock.

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.