Osaic Holdings Inc. Grows Holdings in The TJX Companies, Inc. $TJX

Osaic Holdings Inc. raised its position in The TJX Companies, Inc. (NYSE:TJX) by 71.6% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 235,765 shares of the apparel and home fashions retailer’s stock after buying an additional 98,408 shares during the period. Osaic Holdings Inc.’s holdings in TJX Companies were worth $29,043,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. American Trust increased its position in shares of TJX Companies by 10.3% during the second quarter. American Trust now owns 48,460 shares of the apparel and home fashions retailer’s stock valued at $5,984,000 after acquiring an additional 4,540 shares during the last quarter. Centaurus Financial Inc. grew its stake in TJX Companies by 79.0% in the 2nd quarter. Centaurus Financial Inc. now owns 1,702 shares of the apparel and home fashions retailer’s stock valued at $210,000 after purchasing an additional 751 shares during the period. Lavaca Capital LLC bought a new stake in shares of TJX Companies during the 2nd quarter worth $25,000. Orion Porfolio Solutions LLC raised its stake in shares of TJX Companies by 2.5% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 80,676 shares of the apparel and home fashions retailer’s stock worth $9,963,000 after purchasing an additional 1,931 shares during the period. Finally, Thrivent Financial for Lutherans boosted its holdings in shares of TJX Companies by 7.8% in the 2nd quarter. Thrivent Financial for Lutherans now owns 58,082 shares of the apparel and home fashions retailer’s stock worth $7,171,000 after buying an additional 4,187 shares during the last quarter. Hedge funds and other institutional investors own 91.09% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on TJX. Citigroup restated a “buy” rating and set a $168.00 price objective (up previously from $160.00) on shares of TJX Companies in a report on Thursday, November 20th. Cowen reaffirmed a “buy” rating on shares of TJX Companies in a report on Thursday, November 20th. Wells Fargo & Company reiterated a “positive” rating and issued a $150.00 price objective (up previously from $145.00) on shares of TJX Companies in a research note on Tuesday. BTIG Research reissued a “buy” rating and set a $165.00 price objective on shares of TJX Companies in a report on Thursday, November 20th. Finally, The Goldman Sachs Group boosted their target price on TJX Companies from $163.00 to $170.00 and gave the company a “buy” rating in a research note on Thursday, November 20th. Two investment analysts have rated the stock with a Strong Buy rating and twenty-three have assigned a Buy rating to the company’s stock. According to data from MarketBeat, TJX Companies presently has a consensus rating of “Buy” and an average price target of $161.35.

Insider Transactions at TJX Companies

In related news, CEO Ernie Herrman sold 24,363 shares of the company’s 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 sale, the chief executive officer owned 510,780 shares of the company’s stock, valued at approximately $77,286,121.80. This represents a 4.55% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Amy B. Lane sold 500 shares of the stock in a transaction that occurred 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 sale, the director owned 22,212 shares in the company, valued at $3,362,896.80. This represents a 2.20% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 54,863 shares of company stock worth $8,226,366. Insiders own 0.13% of the company’s stock.

TJX Companies Trading Down 1.0%

Shares of TJX stock opened at $155.19 on Wednesday. The company’s fifty day simple moving average is $146.95 and its two-hundred day simple moving average is $136.96. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.09 and a quick ratio of 0.43. The TJX Companies, Inc. has a 1 year low of $112.10 and a 1 year high of $157.83. The stock has a market capitalization of $172.34 billion, a price-to-earnings ratio of 34.26, a PEG ratio of 3.51 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 EPS for the quarter, topping 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 firm had revenue of $15.12 billion during the quarter, compared to analyst estimates of $14.80 billion. During the same period last year, the company earned $1.14 earnings per share. The business’s revenue for the quarter 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. As a group, analysts anticipate that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 5th. Stockholders of record on Thursday, February 12th will be given a dividend of $0.425 per share. The ex-dividend date is Thursday, February 12th. This represents a $1.70 annualized dividend and a dividend yield of 1.1%. TJX Companies’s dividend payout ratio is currently 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.