Insider Selling: TJX Companies (NYSE:TJX) Director Sells $75,700.00 in Stock

The TJX Companies, Inc. (NYSE:TJX) Director Amy Lane sold 500 shares of TJX Companies stock in a transaction that occurred on 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 $3,362,896.80. The trade was a 2.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

TJX Companies Trading Up 2.3%

Shares of TJX Companies stock traded up $3.39 during trading hours on Friday, reaching $151.46. 10,085,740 shares of the company’s stock were exchanged, compared to its average volume of 5,277,420. The TJX Companies, Inc. has a 52-week low of $112.10 and a 52-week high of $152.58. The company has a fifty day moving average of $142.81 and a 200-day moving average of $133.94. 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 firm has a market capitalization of $168.57 billion, a price-to-earnings ratio of 34.50, a price-to-earnings-growth ratio of 3.14 and a beta of 0.90.

TJX Companies (NYSE:TJX) last released its earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 EPS for the quarter, beating the consensus estimate of $1.22 by $0.06. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.The firm had revenue of $15.12 billion during the quarter, compared to analyst estimates of $14.80 billion. During the same period in the prior year, the firm posted $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. Sell-side analysts forecast that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Announces Dividend

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

Analyst Ratings Changes

A number of equities research analysts recently issued reports on TJX shares. Evercore ISI boosted their target price on shares of TJX Companies from $162.00 to $165.00 and gave the company an “outperform” rating in a report on Thursday. TD Cowen lifted their price target on shares of TJX Companies from $162.00 to $167.00 and gave the company a “buy” rating in a report on Thursday. Erste Group Bank assumed coverage on shares of TJX Companies in a research note on Friday, September 5th. They set a “buy” rating for the company. Macquarie reaffirmed a “buy” rating on shares of TJX Companies in a research report on Monday, August 11th. Finally, Morgan Stanley reiterated an “overweight” rating and issued a $162.00 target price (up previously from $159.00) on shares of TJX Companies in a report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, TJX Companies presently has a consensus rating of “Buy” and a consensus price target of $158.90.

Hedge Funds Weigh In On TJX Companies

Hedge funds and other institutional investors have recently made changes to their positions in the business. Norges Bank acquired a new position in shares of TJX Companies during the second quarter worth about $1,808,774,000. Nuveen LLC purchased a new stake in shares of TJX Companies during the 1st quarter valued at about $1,330,717,000. Laurel Wealth Advisors LLC lifted its position in TJX Companies by 12,417.0% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 4,057,273 shares of the apparel and home fashions retailer’s stock worth $501,033,000 after acquiring an additional 4,024,859 shares in the last quarter. Alliancebernstein L.P. lifted its position in TJX Companies by 91.6% during the 3rd quarter. Alliancebernstein L.P. now owns 6,712,226 shares of the apparel and home fashions retailer’s stock worth $970,185,000 after acquiring an additional 3,208,458 shares in the last quarter. Finally, Corient Private Wealth LLC boosted its holdings in TJX Companies by 120.7% in the 2nd quarter. Corient Private Wealth LLC now owns 5,016,792 shares of the apparel and home fashions retailer’s stock worth $620,406,000 after acquiring an additional 2,743,676 shares during the period. Institutional investors and hedge funds own 91.09% of the company’s stock.

About TJX Companies

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.