EP Wealth Advisors LLC Buys 16,487 Shares of The TJX Companies, Inc. $TJX

EP Wealth Advisors LLC increased its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 6.1% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 285,371 shares of the apparel and home fashions retailer’s stock after buying an additional 16,487 shares during the quarter. EP Wealth Advisors LLC’s holdings in TJX Companies were worth $35,240,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in TJX. Lavaca Capital LLC bought a new stake in shares of TJX Companies in the 2nd quarter worth approximately $25,000. Princeton Global Asset Management LLC bought a new position in shares of TJX Companies during the 2nd quarter worth $28,000. Howard Hughes Medical Institute purchased a new stake in TJX Companies in the 2nd quarter worth about $30,000. Legacy Investment Solutions LLC bought a new stake in TJX Companies in the 2nd quarter valued at about $32,000. Finally, True Wealth Design LLC lifted its holdings in TJX Companies by 121.1% during the second quarter. True Wealth Design LLC now owns 272 shares of the apparel and home fashions retailer’s stock valued at $34,000 after purchasing an additional 149 shares during the last quarter. 91.09% of the stock is currently owned by hedge funds and other institutional investors.

TJX Companies Stock Performance

TJX Companies stock opened at $156.10 on Friday. The TJX Companies, Inc. has a fifty-two week low of $112.10 and a fifty-two week high of $157.72. 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 stock has a market cap of $173.34 billion, a P/E ratio of 34.46, a price-to-earnings-growth ratio of 3.49 and a beta of 0.76. The firm’s fifty day moving average price is $146.43 and its 200-day moving average price is $136.42.

TJX Companies (NYSE:TJX) last released its earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 EPS for the quarter, beating analysts’ consensus estimates of $1.22 by $0.06. TJX Companies had a return on equity of 58.30% and a net margin of 8.68%.The business had revenue of $15.12 billion for the quarter, compared to analysts’ expectations of $14.80 billion. During the same quarter in the prior year, the firm earned $1.14 earnings per share. The firm’s revenue was up 7.5% on a year-over-year basis. 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. On average, 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 company 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 $0.425 dividend. The ex-dividend date is Thursday, February 12th. This represents a $1.70 dividend on an annualized basis and a yield of 1.1%. TJX Companies’s payout ratio is presently 37.53%.

Insider Activity at TJX Companies

In other TJX Companies news, CEO Ernie Herrman sold 24,363 shares of the stock in a transaction that occurred on Friday, November 21st. The shares were sold at an average price of $151.31, for a total transaction of $3,686,365.53. Following the transaction, the chief executive officer directly owned 510,780 shares in the company, valued at $77,286,121.80. This trade represents a 4.55% decrease in their ownership of the stock. The sale was disclosed in a legal filing 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 stock was sold at an average price of $151.40, for a total transaction of $75,700.00. Following the completion of the transaction, the director owned 22,212 shares in the company, valued at approximately $3,362,896.80. The trade was a 2.20% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 54,863 shares of company stock valued at $8,226,366. 0.13% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on TJX shares. Robert W. Baird increased 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. Evercore ISI increased their price objective on TJX Companies from $162.00 to $165.00 and gave the stock an “outperform” rating in a report on Thursday, November 20th. Barclays set a $172.00 target price on TJX Companies and gave the company an “overweight” rating in a report on Thursday, December 4th. Bank of America increased their price target on shares of TJX Companies from $150.00 to $168.00 and gave the stock a “buy” rating in a report on Thursday, November 20th. Finally, Cowen reiterated a “buy” rating on shares of TJX Companies in a research note on Thursday, November 20th. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and one has given a Hold rating to the company. According to MarketBeat, TJX Companies has an average rating of “Buy” and an average price target of $161.10.

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.