Migdal Insurance & Financial Holdings Ltd. Has $538,000 Stock Holdings in The TJX Companies, Inc. $TJX

Migdal Insurance & Financial Holdings Ltd. trimmed its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 97.7% in the 2nd quarter, Holdings Channel.com reports. The fund owned 4,360 shares of the apparel and home fashions retailer’s stock after selling 185,957 shares during the quarter. Migdal Insurance & Financial Holdings Ltd.’s holdings in TJX Companies were worth $538,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Lavaca Capital LLC purchased a new stake in shares of TJX Companies during the 2nd quarter worth about $25,000. Princeton Global Asset Management LLC acquired a new position in TJX Companies in the second quarter worth approximately $28,000. Howard Hughes Medical Institute bought a new position in TJX Companies during the second quarter valued at approximately $30,000. Legacy Investment Solutions LLC acquired a new stake in TJX Companies in the second quarter valued at approximately $32,000. Finally, True Wealth Design LLC grew its position in TJX Companies by 121.1% in the second quarter. True Wealth Design LLC now owns 272 shares of the apparel and home fashions retailer’s stock worth $34,000 after acquiring an additional 149 shares in the last quarter. Hedge funds and other institutional investors own 91.09% of the company’s stock.

Insider Activity at TJX Companies

In related news, Director Amy B. Lane sold 500 shares of the business’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 sale, the director 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Ernie Herrman sold 30,000 shares of the company’s 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 sale, the chief executive officer 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 disclosure for this sale is available in the SEC filing. Insiders have sold a total of 54,863 shares of company stock valued at $8,226,366 in the last 90 days. 0.13% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on TJX shares. UBS Group reaffirmed a “buy” rating and issued a $181.00 price objective on shares of TJX Companies in a research note on Thursday, December 4th. TD Cowen raised their target price on TJX Companies from $162.00 to $167.00 and gave the company a “buy” rating in a report on Thursday, November 20th. Barclays set a $172.00 price target on TJX Companies and gave the stock an “overweight” rating in a research note on Thursday, December 4th. Erste Group Bank started coverage on TJX Companies in a research note on Friday, September 5th. They issued a “buy” rating on the stock. Finally, JPMorgan Chase & Co. boosted their target price on TJX Companies from $150.00 to $154.00 and gave the stock an “overweight” rating in a report on Thursday, November 20th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of $161.10.

TJX Companies Price Performance

NYSE:TJX opened at $156.10 on Monday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.43 and a current ratio of 1.09. The company has a 50-day moving average of $146.43 and a 200-day moving average of $136.55. The TJX Companies, Inc. has a 52 week low of $112.10 and a 52 week high of $157.72. The company has a market capitalization of $173.34 billion, a price-to-earnings ratio of 34.46, a PEG ratio of 3.50 and a beta of 0.76.

TJX Companies (NYSE:TJX) last posted its quarterly earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.22 by $0.06. The firm had revenue of $15.12 billion during the quarter, compared to analyst estimates of $14.80 billion. TJX Companies had a net margin of 8.68% and a return on equity of 58.30%. The company’s quarterly revenue was up 7.5% compared to the same quarter last year. During the same quarter in the prior year, the business 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. As a group, equities research analysts anticipate that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Dividend Announcement

The business also recently announced 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. This represents a $1.70 annualized dividend and a dividend yield of 1.1%. The ex-dividend date is Thursday, February 12th. TJX Companies’s dividend payout ratio (DPR) is 37.53%.

TJX Companies 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.