Columbia Bank Grows Stock Holdings in The TJX Companies, Inc. $TJX

Columbia Bank raised its holdings in The TJX Companies, Inc. (NYSE:TJX) by 17.0% in the 2nd quarter, HoldingsChannel reports. The fund owned 3,115 shares of the apparel and home fashions retailer’s stock after acquiring an additional 452 shares during the period. Columbia Bank’s holdings in TJX Companies were worth $390,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Laurel Wealth Advisors LLC grew its position in shares of 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 purchasing an additional 4,024,859 shares during the period. RiverFront Investment Group LLC purchased a new position in TJX Companies during the second quarter worth about $277,000. XTX Topco Ltd purchased a new stake in TJX Companies in the 2nd quarter valued at about $1,374,000. Aviso Financial Inc. grew its holdings in TJX Companies by 7.2% in the 2nd quarter. Aviso Financial Inc. now owns 73,792 shares of the apparel and home fashions retailer’s stock valued at $9,113,000 after buying an additional 4,958 shares during the period. Finally, NDVR Inc. increased its stake in shares of TJX Companies by 4.9% during the 2nd quarter. NDVR Inc. now owns 2,562 shares of the apparel and home fashions retailer’s stock valued at $316,000 after acquiring an additional 120 shares during the last quarter. Institutional investors and hedge funds own 91.09% of the company’s stock.

Insider Buying and Selling

In other news, Director Amy B. Lane sold 500 shares of the business’s 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 directly owned 22,212 shares of the company’s stock, valued at approximately $3,362,896.80. The trade was a 2.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at 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 transaction of $4,464,300.00. Following the completion of the transaction, the chief executive officer owned 535,143 shares of the company’s stock, valued at $79,634,629.83. This trade represents a 5.31% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 54,863 shares of company stock valued at $8,226,366. 0.13% of the stock is owned by company insiders.

TJX Companies Stock Performance

NYSE:TJX opened at $152.34 on Wednesday. The firm’s fifty day simple moving average is $143.46 and its 200 day simple moving average is $134.49. The company has a current ratio of 1.17, a quick ratio of 0.52 and a debt-to-equity ratio of 0.32. The TJX Companies, Inc. has a twelve month low of $112.10 and a twelve month high of $153.02. The firm has a market capitalization of $169.54 billion, a price-to-earnings ratio of 34.70, a PEG ratio of 3.14 and a beta of 0.90.

TJX Companies (NYSE:TJX) last released its quarterly earnings data on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 EPS for the quarter, beating the consensus estimate of $1.22 by $0.06. The company had revenue of $15.12 billion for the quarter, compared to analyst estimates of $14.80 billion. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.The firm’s revenue was up 7.5% compared to the same quarter last year. During the same period last year, the company posted $1.14 earnings per share. TJX Companies has set its Q4 2026 guidance at 1.330-1.360 EPS. FY 2026 guidance at 4.630-4.660 EPS. As a group, equities research analysts expect 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 declared a quarterly dividend, which will be paid on Thursday, December 4th. Investors of record on Thursday, November 13th will be given a dividend of $0.425 per share. The ex-dividend date of this dividend is Thursday, November 13th. This represents a $1.70 annualized dividend and a yield of 1.1%. TJX Companies’s payout ratio is 37.53%.

Analyst Upgrades and Downgrades

TJX has been the topic of several research analyst reports. Robert W. Baird set a $160.00 target price on shares of TJX Companies and gave the stock an “outperform” rating in a research report on Thursday, November 20th. Sanford C. Bernstein lifted their price target on shares of TJX Companies from $152.00 to $155.00 and gave the company an “outperform” rating in a report on Thursday, November 20th. UBS Group upped their price objective on TJX Companies from $172.00 to $181.00 and gave the stock a “buy” rating in a report on Thursday, November 20th. Morgan Stanley reiterated an “overweight” rating and issued a $162.00 target price (up previously from $159.00) on shares of TJX Companies in a report on Thursday, November 20th. Finally, Erste Group Bank initiated coverage on TJX Companies in a research report on Friday, September 5th. They set a “buy” rating for the company. One analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Buy” and an average target price of $158.90.

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.