Zweig DiMenna Associates LLC Purchases Shares of 41,675 The TJX Companies, Inc. $TJX

Zweig DiMenna Associates LLC purchased a new stake in shares of The TJX Companies, Inc. (NYSE:TJX) in the 3rd quarter, Holdings Channel.com reports. The fund purchased 41,675 shares of the apparel and home fashions retailer’s stock, valued at approximately $6,024,000.

Other institutional investors also recently modified their holdings of the company. Lavaca Capital LLC acquired a new position in TJX Companies during the 2nd quarter worth about $25,000. Princeton Global Asset Management LLC acquired a new position in shares of TJX Companies in the second quarter worth approximately $28,000. Howard Hughes Medical Institute bought a new stake in TJX Companies in the second quarter valued at approximately $30,000. Legacy Investment Solutions LLC acquired a new stake in TJX Companies during the 2nd quarter valued at approximately $32,000. Finally, Capital A Wealth Management LLC raised its holdings in TJX Companies by 776.7% during the 2nd quarter. Capital A Wealth Management LLC now owns 263 shares of the apparel and home fashions retailer’s stock worth $32,000 after purchasing an additional 233 shares during the last quarter. Institutional investors own 91.09% of the company’s stock.

Insider Buying and Selling 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 value of $75,700.00. Following the completion of the transaction, the director owned 22,212 shares in the company, valued at $3,362,896.80. This represents a 2.20% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available 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 stock was 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 in the company, valued at $79,634,629.83. This trade represents a 5.31% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 54,863 shares of company stock worth $8,226,366. Insiders own 0.13% of the company’s stock.

TJX Companies Stock Performance

Shares of TJX stock opened at $154.49 on Tuesday. 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 50-day moving average of $154.47 and a 200-day moving average of $146.11. The TJX Companies, Inc. has a one year low of $112.10 and a one year high of $159.48. The company has a market cap of $171.56 billion, a P/E ratio of 34.10, a P/E/G ratio of 2.95 and a beta of 0.74.

TJX Companies (NYSE:TJX) last issued its quarterly earnings data 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. TJX Companies had a net margin of 8.68% and a return on equity of 58.30%. The business had revenue of $15.12 billion during the quarter, compared to the consensus estimate of $14.80 billion. During the same period in the prior year, the firm posted $1.14 EPS. The firm’s quarterly 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 and its FY 2026 guidance at 4.630-4.660 EPS. Equities research analysts forecast 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 issued a dividend of $0.425 per share. This represents a $1.70 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Thursday, February 12th. TJX Companies’s dividend payout ratio (DPR) is 37.53%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on TJX shares. Morgan Stanley reissued an “overweight” rating and set a $162.00 target price (up previously from $159.00) on shares of TJX Companies in a research note on Thursday, November 20th. Barclays set a $172.00 target price on TJX Companies and gave the company an “overweight” rating in a research report on Thursday, December 4th. Citigroup reiterated a “buy” rating and issued a $168.00 target price (up from $160.00) on shares of TJX Companies in a report on Thursday, November 20th. JPMorgan Chase & Co. boosted their price target on TJX Companies from $150.00 to $154.00 and gave the company an “overweight” rating in a research note on Thursday, November 20th. Finally, Telsey Advisory Group reiterated an “outperform” rating and issued a $170.00 price objective on shares of TJX Companies in a research note on Thursday, December 4th. Two investment analysts have rated the stock with a Strong Buy rating and twenty-two have assigned a Buy rating to the stock. According to data from MarketBeat.com, TJX Companies has a consensus rating of “Buy” and an average price target 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.