The TJX Companies, Inc. $TJX Shares Acquired by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. boosted its stake in The TJX Companies, Inc. (NYSE:TJX) by 1.6% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 303,044 shares of the apparel and home fashions retailer’s stock after purchasing an additional 4,722 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in TJX Companies were worth $43,732,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. Norges Bank purchased a new stake in shares of TJX Companies during the 2nd quarter valued at $1,808,774,000. Laurel Wealth Advisors LLC boosted its holdings in TJX Companies by 12,417.0% in the second quarter. Laurel Wealth Advisors LLC now owns 4,057,273 shares of the apparel and home fashions retailer’s stock valued at $501,033,000 after acquiring an additional 4,024,859 shares during the last quarter. Corient Private Wealth LLC grew its position in TJX Companies by 120.7% during the second quarter. Corient Private Wealth LLC now owns 5,016,792 shares of the apparel and home fashions retailer’s stock valued at $620,406,000 after acquiring an additional 2,743,676 shares during the period. ABN AMRO Bank N.V. acquired a new stake in TJX Companies during the second quarter worth about $244,687,000. Finally, Mirova US LLC grew its holdings in shares of TJX Companies by 164.5% during the 2nd quarter. Mirova US LLC now owns 2,699,156 shares of the apparel and home fashions retailer’s stock worth $333,319,000 after purchasing an additional 1,678,665 shares during the period. Hedge funds and other institutional investors own 91.09% of the company’s stock.

TJX Companies Stock Performance

Shares of TJX stock opened at $147.69 on Thursday. The company’s fifty day moving average price is $154.08 and its two-hundred day moving average price is $143.37. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.09 and a quick ratio of 0.43. The firm has a market capitalization of $164.00 billion, a P/E ratio of 32.60, a P/E/G ratio of 3.10 and a beta of 0.75. The TJX Companies, Inc. has a 12 month low of $112.10 and a 12 month high of $159.48.

TJX Companies (NYSE:TJX) last released 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. The business had revenue of $15.12 billion for the quarter, compared to analysts’ expectations of $14.80 billion. TJX Companies had a return on equity of 58.30% and a net margin of 8.68%.The company’s revenue was up 7.5% compared to the same quarter last year. During the same quarter in the previous 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. On average, research analysts anticipate that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 5th. Stockholders of record on Thursday, February 12th will be given a dividend of $0.425 per share. The ex-dividend date of this dividend is Thursday, February 12th. This represents a $1.70 dividend on an annualized basis and a dividend yield of 1.2%. TJX Companies’s dividend payout ratio (DPR) is presently 37.53%.

Wall Street Analysts Forecast Growth

TJX has been the subject of a number of research analyst reports. Weiss Ratings reissued a “buy (b+)” rating on shares of TJX Companies in a research report on Wednesday, January 21st. Jefferies Financial Group reissued a “buy” rating and issued a $170.00 target price on shares of TJX Companies in a research note on Tuesday, November 11th. The Goldman Sachs Group increased their price target on TJX Companies from $163.00 to $170.00 and gave the company a “buy” rating in a report on Thursday, November 20th. Robert W. Baird set a $168.00 price objective on TJX Companies in a research report on Wednesday, December 17th. Finally, BTIG Research reaffirmed a “buy” rating and issued a $165.00 target price on shares of TJX Companies in a research report on Thursday, November 20th. Two equities research analysts have rated the stock with a Strong Buy rating and twenty-two have issued a Buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $163.86.

Insiders Place Their Bets

In other TJX Companies news, CEO Ernie Herrman sold 30,000 shares of the firm’s stock in a transaction on Thursday, November 20th. The shares were sold at an average price of $148.81, for a total transaction of $4,464,300.00. Following the completion of the transaction, the chief executive officer directly owned 535,143 shares of the company’s stock, valued at $79,634,629.83. This trade represents a 5.31% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Amy B. Lane sold 500 shares of the business’s stock in a transaction dated 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 position. The SEC filing for this sale provides additional information. Insiders have sold a total of 54,863 shares of company stock worth $8,226,366 over the last quarter. 0.13% of the stock is currently owned by insiders.

TJX Companies Company 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.