OVERSEA CHINESE BANKING Corp Ltd Has $18.15 Million Position in The TJX Companies, Inc. $TJX

OVERSEA CHINESE BANKING Corp Ltd cut its position in The TJX Companies, Inc. (NYSE:TJX) by 26.4% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 125,574 shares of the apparel and home fashions retailer’s stock after selling 45,135 shares during the quarter. OVERSEA CHINESE BANKING Corp Ltd’s holdings in TJX Companies were worth $18,150,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its stake in shares of TJX Companies by 0.7% in the second quarter. Vanguard Group Inc. now owns 101,141,056 shares of the apparel and home fashions retailer’s stock valued at $12,489,909,000 after acquiring an additional 727,292 shares in the last quarter. State Street Corp boosted its holdings in TJX Companies by 0.6% in the 2nd quarter. State Street Corp now owns 48,595,536 shares of the apparel and home fashions retailer’s stock valued at $6,001,063,000 after purchasing an additional 285,737 shares during the period. Geode Capital Management LLC grew its position in shares of TJX Companies by 1.2% during the 2nd quarter. Geode Capital Management LLC now owns 26,070,916 shares of the apparel and home fashions retailer’s stock worth $3,205,927,000 after purchasing an additional 301,127 shares in the last quarter. Norges Bank bought a new position in shares of TJX Companies during the second quarter worth approximately $1,808,774,000. Finally, Invesco Ltd. raised its position in shares of TJX Companies by 0.9% in the second quarter. Invesco Ltd. now owns 9,081,087 shares of the apparel and home fashions retailer’s stock valued at $1,121,423,000 after buying an additional 80,487 shares in the last quarter. Institutional investors own 91.09% of the company’s stock.

TJX Companies Price Performance

Shares of TJX stock opened at $154.85 on Thursday. The firm has a market capitalization of $171.95 billion, a P/E ratio of 34.18, a P/E/G ratio of 3.32 and a beta of 0.75. The TJX Companies, Inc. has a 52-week low of $112.10 and a 52-week high of $159.48. The stock has a 50 day moving average price of $152.54 and a 200 day moving average price of $141.38. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.43 and a current ratio of 1.09.

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 (EPS) for the quarter, topping analysts’ consensus estimates of $1.22 by $0.06. The business had revenue of $15.12 billion for the quarter, compared to analyst estimates of $14.80 billion. TJX Companies had a net margin of 8.68% and a return on equity of 58.30%. The company’s revenue for the quarter was up 7.5% compared to the same quarter last year. During the same period last year, the firm posted $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. As a group, sell-side analysts predict that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 5th. Stockholders of record on Thursday, February 12th 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, February 12th. TJX Companies’s dividend payout ratio is presently 37.53%.

Insider Transactions at TJX Companies

In related news, 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 value of $75,700.00. Following the transaction, the director owned 22,212 shares in the company, valued at $3,362,896.80. This trade represents a 2.20% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, 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 value of $4,464,300.00. Following the completion of the sale, the chief executive officer owned 535,143 shares of the company’s stock, valued at $79,634,629.83. This represents a 5.31% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 54,863 shares of company stock valued at $8,226,366 over the last ninety days. 0.13% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on TJX. TD Cowen increased their price target on TJX Companies from $162.00 to $167.00 and gave the stock a “buy” rating in a research report on Thursday, November 20th. The Goldman Sachs Group raised their price objective on shares of TJX Companies from $163.00 to $170.00 and gave the company a “buy” rating in a research report on Thursday, November 20th. Barclays set a $172.00 price objective on TJX Companies and gave the stock an “overweight” rating in a report on Thursday, December 4th. Wall Street Zen upgraded shares of TJX Companies from a “hold” rating to a “buy” rating in a research note on Sunday. Finally, UBS Group restated a “buy” rating and issued a $193.00 target price (up previously from $181.00) on shares of TJX Companies in a report on Thursday, January 8th. Two research analysts have rated the stock with a Strong Buy rating and twenty-four have assigned a Buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of $163.86.

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.