Curi Capital LLC raised its stake in shares of The TJX Companies, Inc. (NYSE:TJX – Free Report) by 7.8% during the 2nd quarter, Holdings Channel.com reports. The fund owned 411,866 shares of the apparel and home fashions retailer’s stock after purchasing an additional 29,624 shares during the quarter. TJX Companies makes up approximately 1.0% of Curi Capital LLC’s portfolio, making the stock its 18th largest holding. Curi Capital LLC’s holdings in TJX Companies were worth $50,861,000 at the end of the most recent quarter.
Other institutional investors have also recently made changes to their positions in the company. Benjamin Edwards Inc. grew its stake in shares of TJX Companies by 34.6% in the second quarter. Benjamin Edwards Inc. now owns 112,846 shares of the apparel and home fashions retailer’s stock worth $13,935,000 after acquiring an additional 29,022 shares during the period. Boothbay Fund Management LLC purchased a new stake in TJX Companies in the second quarter worth approximately $502,000. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp boosted its holdings in TJX Companies by 54.2% in the second quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 331,604 shares of the apparel and home fashions retailer’s stock worth $40,950,000 after purchasing an additional 116,610 shares during the last quarter. Blue Capital Inc. bought a new stake in TJX Companies in the 2nd quarter worth approximately $477,000. Finally, Brevan Howard Capital Management LP raised its stake in TJX Companies by 251.2% during the 2nd quarter. Brevan Howard Capital Management LP now owns 174,789 shares of the apparel and home fashions retailer’s stock valued at $21,585,000 after buying an additional 125,019 shares during the last quarter. Hedge funds and other institutional investors own 91.09% of the company’s stock.
Insider Activity at TJX Companies
In other 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 sale, 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Amy B. Lane sold 500 shares of TJX Companies stock in a transaction on Friday, November 21st. The shares were 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 in the company, valued at approximately $3,362,896.80. This trade represents a 2.20% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 54,863 shares of company stock worth $8,226,366 in the last ninety days. Insiders own 0.13% of the company’s stock.
TJX Companies Price Performance
TJX Companies (NYSE:TJX – Get Free Report) last posted its quarterly earnings data 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 for the quarter, compared to the consensus estimate of $14.80 billion. During the same quarter last year, the company earned $1.14 earnings per share. The business’s revenue for the quarter 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. Sell-side analysts predict that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.
TJX Companies Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Thursday, March 5th. Shareholders of record on Thursday, February 12th will be issued a dividend of $0.425 per share. The ex-dividend date of this dividend is Thursday, February 12th. This represents a $1.70 annualized dividend and a yield of 1.1%. TJX Companies’s payout ratio is currently 37.53%.
Analyst Ratings Changes
TJX has been the topic of a number of research reports. Sanford C. Bernstein raised their price target on TJX Companies from $152.00 to $155.00 and gave the stock an “outperform” rating in a research note on Thursday, November 20th. Jefferies Financial Group reissued a “buy” rating and issued a $170.00 target price on shares of TJX Companies in a report on Tuesday, November 11th. Robert W. Baird raised their target price on TJX Companies from $160.00 to $165.00 and gave the stock an “outperform” rating in a research report on Thursday, December 4th. Barclays set a $172.00 price target on TJX Companies and gave the company an “overweight” rating in a research note on Thursday, December 4th. Finally, Wall Street Zen upgraded shares of TJX Companies from a “hold” rating to a “buy” rating in a research note on Saturday, August 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, TJX Companies has an average rating of “Buy” and a consensus price target of $161.10.
Check Out Our Latest Report on TJX Companies
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.
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