Camden National Bank Sells 2,284 Shares of The TJX Companies, Inc. $TJX

Camden National Bank lessened its holdings in The TJX Companies, Inc. (NYSE:TJX) by 2.2% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 102,139 shares of the apparel and home fashions retailer’s stock after selling 2,284 shares during the period. TJX Companies accounts for approximately 1.8% of Camden National Bank’s holdings, making the stock its 15th biggest position. Camden National Bank’s holdings in TJX Companies were worth $12,613,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Ignite Planners LLC raised its stake in TJX Companies by 3.8% during the 2nd quarter. Ignite Planners LLC now owns 2,130 shares of the apparel and home fashions retailer’s stock valued at $260,000 after purchasing an additional 77 shares during the period. Revolve Wealth Partners LLC grew its holdings in TJX Companies by 3.3% during the 2nd quarter. Revolve Wealth Partners LLC now owns 2,453 shares of the apparel and home fashions retailer’s stock valued at $303,000 after buying an additional 79 shares in the last quarter. Roble Belko & Company Inc raised its position in shares of TJX Companies by 0.3% during the second quarter. Roble Belko & Company Inc now owns 31,478 shares of the apparel and home fashions retailer’s stock valued at $3,887,000 after buying an additional 82 shares during the last quarter. Knuff & Co LLC raised its position in shares of TJX Companies by 8.5% during the first quarter. Knuff & Co LLC now owns 1,056 shares of the apparel and home fashions retailer’s stock valued at $129,000 after buying an additional 83 shares during the last quarter. Finally, 3Chopt Investment Partners LLC lifted its holdings in shares of TJX Companies by 1.6% in the second quarter. 3Chopt Investment Partners LLC now owns 5,239 shares of the apparel and home fashions retailer’s stock worth $647,000 after buying an additional 83 shares in the last quarter. 91.09% of the stock is currently owned by hedge funds and other institutional investors.

TJX Companies Trading Up 2.3%

Shares of NYSE TJX opened at $151.46 on Friday. The TJX Companies, Inc. has a 1-year low of $112.10 and a 1-year high of $152.58. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.17 and a quick ratio of 0.52. The business’s 50 day moving average is $143.04 and its two-hundred day moving average is $134.10. The stock has a market capitalization of $168.57 billion, a P/E ratio of 34.50, a PEG 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 EPS for the quarter, topping analysts’ consensus estimates of $1.22 by $0.06. The firm had revenue of $15.12 billion during 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%.The company’s quarterly revenue was up 7.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $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. As a group, research analysts expect that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Announces Dividend

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

Insiders Place Their Bets

In related news, CEO Ernie Herrman sold 30,000 shares of the company’s stock in a transaction dated Thursday, November 20th. The shares were sold at an average price of $148.81, for a total transaction of $4,464,300.00. Following the transaction, the chief executive officer directly owned 535,143 shares in the company, valued at approximately $79,634,629.83. This represents a 5.31% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Amy B. Lane sold 500 shares of the firm’s stock in a transaction dated Friday, November 21st. The stock was 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 of the company’s stock, valued at approximately $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. Insiders have sold 54,863 shares of company stock worth $8,226,366 in the last quarter. Company insiders own 0.13% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the stock. Sanford C. Bernstein raised their target price on shares of TJX Companies from $152.00 to $155.00 and gave the company an “outperform” rating in a research note on Thursday. Macquarie restated a “buy” rating on shares of TJX Companies in a research report on Monday, August 11th. Morgan Stanley reiterated an “overweight” rating and issued a $162.00 target price (up from $159.00) on shares of TJX Companies in a research report on Thursday. UBS Group raised their price target on TJX Companies from $172.00 to $181.00 and gave the company a “buy” rating in a report on Thursday. Finally, Erste Group Bank assumed coverage on TJX Companies in a research note on Friday, September 5th. They issued a “buy” rating on the stock. One research analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, TJX Companies has a consensus rating of “Buy” and an average target price of $158.90.

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.