OVERSEA CHINESE BANKING Corp Ltd Lowers Position in The TJX Companies, Inc. $TJX

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

Other institutional investors have also recently made changes to their positions in the company. First American Bank increased its holdings in shares of TJX Companies by 4.5% in the second quarter. First American Bank now owns 138,840 shares of the apparel and home fashions retailer’s stock valued at $17,145,000 after purchasing an additional 5,921 shares during the period. Bank of Nova Scotia raised its stake in shares of TJX Companies by 129.9% during the 2nd quarter. Bank of Nova Scotia now owns 269,813 shares of the apparel and home fashions retailer’s stock valued at $33,319,000 after buying an additional 152,453 shares during the last quarter. MinichMacGregor Wealth Management LLC acquired a new position in shares of TJX Companies in the 2nd quarter valued at about $5,045,000. Empowered Funds LLC lifted its holdings in TJX Companies by 66.6% in the second quarter. Empowered Funds LLC now owns 76,998 shares of the apparel and home fashions retailer’s stock valued at $9,508,000 after acquiring an additional 30,779 shares during the period. Finally, Hendley & Co. Inc. boosted its position in TJX Companies by 75.0% in the 2nd quarter. Hendley & Co. Inc. now owns 8,305 shares of the apparel and home fashions retailer’s stock worth $1,026,000 after purchasing an additional 3,560 shares in the last quarter. Institutional investors own 91.09% of the company’s stock.

TJX Companies Price Performance

Shares of TJX Companies stock opened at $154.85 on Thursday. The stock has a market capitalization of $171.95 billion, a P/E ratio of 34.18, a PEG ratio of 3.32 and a beta of 0.75. The business has a 50 day simple moving average of $152.54 and a two-hundred day simple moving average of $141.38. The TJX Companies, Inc. has a 12 month low of $112.10 and a 12 month high of $159.48. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.09 and a quick ratio of 0.43.

TJX Companies (NYSE:TJX) last issued its quarterly 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 58.30% and a net margin of 8.68%.The firm had revenue of $15.12 billion during the quarter, compared to analysts’ expectations of $14.80 billion. During the same period in the previous year, the business earned $1.14 earnings per share. The firm’s revenue for the quarter was up 7.5% on a year-over-year basis. 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, analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 5th. Investors of record on Thursday, February 12th will be given a dividend of $0.425 per share. The ex-dividend date is Thursday, February 12th. This represents a $1.70 dividend on an annualized basis and a yield of 1.1%. TJX Companies’s payout ratio is presently 37.53%.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on TJX shares. Evercore ISI lifted 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, November 20th. Guggenheim raised shares of TJX Companies to a “strong-buy” rating in a report on Wednesday, December 10th. The Goldman Sachs Group increased their target price on shares of TJX Companies from $163.00 to $170.00 and gave the stock a “buy” rating in a research note on Thursday, November 20th. Wall Street Zen upgraded TJX Companies from a “hold” rating to a “buy” rating in a research note on Sunday. Finally, Morgan Stanley reaffirmed an “overweight” rating and issued a $162.00 price target (up previously from $159.00) on shares of TJX Companies in a report on Thursday, November 20th. Two analysts have rated the stock with a Strong Buy rating and twenty-four have assigned a Buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of $163.86.

Insider Activity

In other news, CEO Ernie Herrman sold 24,363 shares of the business’s stock in a transaction that occurred on Friday, November 21st. The stock was sold at an average price of $151.31, for a total transaction of $3,686,365.53. Following the transaction, the chief executive officer directly owned 510,780 shares in the company, valued at $77,286,121.80. The trade was a 4.55% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Amy B. Lane sold 500 shares of the stock in a transaction that occurred on Friday, November 21st. The shares were sold at an average price of $151.40, for a total value 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. This represents a 2.20% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 54,863 shares of company stock valued at $8,226,366. 0.13% of the stock is owned by corporate insiders.

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.