Park Avenue Securities LLC Grows Stock Position in The TJX Companies, Inc. $TJX

Park Avenue Securities LLC increased its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 4.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 92,938 shares of the apparel and home fashions retailer’s stock after purchasing an additional 3,542 shares during the quarter. Park Avenue Securities LLC’s holdings in TJX Companies were worth $13,433,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. First American Bank raised its stake in TJX Companies by 4.5% during 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 buying an additional 5,921 shares in the last quarter. Bank of Nova Scotia grew its position in shares of TJX Companies by 129.9% in the 2nd quarter. Bank of Nova Scotia now owns 269,813 shares of the apparel and home fashions retailer’s stock worth $33,319,000 after acquiring an additional 152,453 shares in the last quarter. MinichMacGregor Wealth Management LLC bought a new stake in shares of TJX Companies in the 2nd quarter valued at approximately $5,045,000. Empowered Funds LLC raised its position in shares of TJX Companies by 66.6% during the 2nd 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 in the last quarter. Finally, Hendley & Co. Inc. lifted its stake in TJX Companies by 75.0% during the second 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 during the last quarter. 91.09% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at TJX Companies

In related news, Director Amy B. Lane sold 500 shares of the stock in a transaction dated 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 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 filing with the SEC, which is available at this hyperlink. Also, CEO Ernie Herrman sold 30,000 shares of the firm’s stock in a transaction dated 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 transaction, the chief executive officer directly owned 535,143 shares in the company, valued at approximately $79,634,629.83. The trade was a 5.31% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 54,863 shares of company stock valued at $8,226,366. Company insiders own 0.13% of the company’s stock.

TJX Companies Trading Up 0.1%

TJX Companies stock opened at $153.96 on Wednesday. The TJX Companies, Inc. has a 52-week low of $112.10 and a 52-week high of $157.82. The company has a quick ratio of 0.43, a current ratio of 1.09 and a debt-to-equity ratio of 0.20. The firm has a market capitalization of $170.97 billion, a price-to-earnings ratio of 33.99, a PEG ratio of 3.45 and a beta of 0.75. The firm has a 50-day moving average price of $150.75 and a two-hundred day moving average price of $140.11.

TJX Companies (NYSE:TJX) last released its quarterly earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 earnings per share for the quarter, beating analysts’ consensus estimates of $1.22 by $0.06. The company 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 business’s revenue for the quarter was up 7.5% compared to the same quarter last year. During the same quarter in the previous year, the company 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. Sell-side analysts expect that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 5th. Shareholders of record on Thursday, February 12th will be given 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 payout ratio is 37.53%.

Analyst Ratings Changes

TJX has been the subject of several recent research reports. Jefferies Financial Group reiterated a “buy” rating and set a $170.00 target price on shares of TJX Companies in a research note on Tuesday, November 11th. The Goldman Sachs Group boosted their price objective on shares of TJX Companies from $163.00 to $170.00 and gave the company a “buy” rating in a research report on Thursday, November 20th. Wall Street Zen lowered shares of TJX Companies from a “buy” rating to a “hold” rating in a research note on Saturday. TD Cowen lifted their target price on TJX Companies from $162.00 to $167.00 and gave the company a “buy” rating in a research note on Thursday, November 20th. Finally, Morgan Stanley reaffirmed an “overweight” rating and set a $162.00 target price (up 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-three have given a Buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of $162.25.

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.