TJX Companies (NYSE:TJX) Stock Price Up 2.3% – Here’s What Happened

Shares of The TJX Companies, Inc. (NYSE:TJX) traded up 2.3% during trading on Tuesday . The stock traded as high as $153.02 and last traded at $152.3390. 5,600,659 shares traded hands during mid-day trading, an increase of 5% from the average session volume of 5,313,003 shares. The stock had previously closed at $148.86.

Wall Street Analysts Forecast Growth

TJX has been the topic of a number of recent research reports. Erste Group Bank initiated coverage on shares of TJX Companies in a research note on Friday, September 5th. They set a “buy” rating on the stock. Jefferies Financial Group reiterated a “buy” rating and set a $170.00 target price on shares of TJX Companies in a research report on Tuesday, November 11th. Evercore ISI upped their target price on shares of TJX Companies from $162.00 to $165.00 and gave the company an “outperform” rating in a research note on Thursday, November 20th. Macquarie restated a “buy” rating on shares of TJX Companies in a research note on Monday, August 11th. Finally, Cowen reiterated a “buy” rating on shares of TJX Companies in a research note on Thursday, November 20th. One investment 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 company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of $158.90.

TJX Companies Price Performance

The stock has a market capitalization of $169.54 billion, a P/E ratio of 34.70, a PEG ratio of 3.14 and a beta of 0.90. The company’s 50 day simple moving average is $143.20 and its two-hundred day simple moving average is $134.32. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.17 and a quick ratio of 0.52.

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 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 business had revenue of $15.12 billion for the quarter, compared to the consensus estimate of $14.80 billion. During the same period in the previous year, the business earned $1.14 EPS. TJX Companies’s 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. As a group, equities analysts expect that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Dividend Announcement

The business 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 $0.425 dividend. This represents a $1.70 annualized dividend and a yield of 1.1%. The ex-dividend date is Thursday, November 13th. TJX Companies’s dividend payout ratio (DPR) is presently 37.53%.

Insider Transactions at TJX Companies

In other TJX Companies news, Director Amy B. Lane sold 500 shares of the company’s stock in a transaction 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 transaction, the director owned 22,212 shares of the company’s stock, valued at approximately $3,362,896.80. This represents a 2.20% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Ernie Herrman sold 30,000 shares of the stock in a transaction on 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 transaction, the chief executive officer owned 535,143 shares in the company, valued at $79,634,629.83. The trade was a 5.31% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 54,863 shares of company stock valued at $8,226,366. Insiders own 0.13% of the company’s stock.

Hedge Funds Weigh In On TJX Companies

Large investors have recently made changes to their positions in the company. Brighton Jones LLC grew its position in shares of TJX Companies by 113.7% during the 4th quarter. Brighton Jones LLC now owns 15,039 shares of the apparel and home fashions retailer’s stock worth $1,817,000 after buying an additional 8,002 shares during the period. Revolve Wealth Partners LLC lifted its holdings in TJX Companies by 12.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 2,172 shares of the apparel and home fashions retailer’s stock valued at $262,000 after buying an additional 235 shares during the period. Bison Wealth LLC boosted its stake in TJX Companies by 32.9% in the fourth quarter. Bison Wealth LLC now owns 3,856 shares of the apparel and home fashions retailer’s stock valued at $466,000 after acquiring an additional 955 shares during the last quarter. Cornerstone Advisory LLC grew its holdings in TJX Companies by 12.2% during the 1st quarter. Cornerstone Advisory LLC now owns 2,155 shares of the apparel and home fashions retailer’s stock worth $277,000 after acquiring an additional 234 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of TJX Companies by 0.6% during the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 245,268 shares of the apparel and home fashions retailer’s stock valued at $29,874,000 after acquiring an additional 1,431 shares during the last quarter. Institutional investors and hedge funds own 91.09% of the company’s stock.

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.