The TJX Companies, Inc. $TJX Shares Purchased by Foster Dykema Cabot & Partners LLC

Foster Dykema Cabot & Partners LLC boosted its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 13.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,901 shares of the apparel and home fashions retailer’s stock after acquiring an additional 907 shares during the period. Foster Dykema Cabot & Partners LLC’s holdings in TJX Companies were worth $976,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. Nuveen LLC acquired a new position in shares of TJX Companies during the 1st quarter worth approximately $1,330,717,000. ABN AMRO Bank N.V. purchased a new position in TJX Companies during the second quarter worth $244,687,000. Mirova US LLC raised its holdings in shares of TJX Companies by 164.5% in the second quarter. Mirova US LLC now owns 2,699,156 shares of the apparel and home fashions retailer’s stock worth $333,319,000 after acquiring an additional 1,678,665 shares during the last quarter. Amundi raised its holdings in shares of TJX Companies by 10.2% in the first quarter. Amundi now owns 11,888,455 shares of the apparel and home fashions retailer’s stock worth $1,489,305,000 after acquiring an additional 1,104,292 shares during the last quarter. Finally, Vanguard Group Inc. lifted its position in shares of TJX Companies by 1.1% in the first quarter. Vanguard Group Inc. now owns 100,413,764 shares of the apparel and home fashions retailer’s stock valued at $12,230,396,000 after acquiring an additional 1,099,129 shares in the last quarter. 91.09% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts recently commented on TJX shares. Wall Street Zen raised TJX Companies from a “hold” rating to a “buy” rating in a research note on Saturday, August 23rd. Evercore ISI lifted their price target on shares of TJX Companies from $162.00 to $165.00 and gave the stock an “outperform” rating in a report on Thursday. Robert W. Baird set a $160.00 price objective on shares of TJX Companies and gave the company an “outperform” rating in a research report on Thursday. TD Cowen upped their price objective on shares of TJX Companies from $162.00 to $167.00 and gave the company a “buy” rating in a research note on Thursday. Finally, Erste Group Bank started coverage on shares of TJX Companies in a research note on Friday, September 5th. They issued a “buy” rating for the company. One analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, TJX Companies has an average rating of “Buy” and a consensus target price of $158.90.

Insider Buying and Selling at TJX Companies

In related news, Director Amy B. Lane sold 500 shares of TJX Companies stock in a transaction on 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 approximately $3,362,896.80. This trade represents a 2.20% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Ernie Herrman sold 30,000 shares of the business’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 sale, the chief executive officer directly owned 535,143 shares of the company’s stock, valued at approximately $79,634,629.83. This trade represents a 5.31% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 54,863 shares of company stock worth $8,226,366 over the last ninety days. Corporate insiders own 0.13% of the company’s stock.

TJX Companies Trading Up 2.3%

Shares of TJX stock opened at $151.46 on Monday. The firm’s 50-day simple moving average is $143.04 and its 200-day simple moving average is $134.17. 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 TJX Companies, Inc. has a 1-year low of $112.10 and a 1-year high of $152.58. The firm has a market cap 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 released its earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.22 by $0.06. The firm 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 8.59% and a return on equity of 58.63%. TJX Companies’s revenue was up 7.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.14 earnings per share. 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, equities analysts forecast that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Dividend Announcement

The company 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 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Thursday, November 13th. TJX Companies’s dividend payout ratio is presently 37.53%.

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.