TJX Companies (NYSE:TJX) CEO Ernie Herrman Sells 30,000 Shares of Stock

The TJX Companies, Inc. (NYSE:TJX) CEO Ernie Herrman sold 30,000 shares of the company’s stock in a transaction on Thursday, November 20th. The stock was sold at an average price of $148.81, for a total transaction of $4,464,300.00. Following the sale, the chief executive officer directly owned 535,143 shares of the company’s stock, valued at approximately $79,634,629.83. This trade represents a 5.31% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Ernie Herrman also recently made the following trade(s):

• On Friday, November 21st, Ernie Herrman sold 24,363 shares of TJX Companies stock. The shares were sold at an average price of $151.31, for a total value of $3,686,365.53.

TJX Companies Stock Up 2.3%

NYSE TJX traded up $3.39 on Friday, reaching $151.46. The company had a trading volume of 10,085,740 shares, compared to its average volume of 5,277,420. The firm has a market capitalization of $168.57 billion, a PE ratio of 34.50, a P/E/G ratio of 3.14 and a beta of 0.90. The firm has a 50-day moving average of $143.04 and a 200-day moving average of $134.10. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.17 and a quick ratio of 0.52. The TJX Companies, Inc. has a 1 year low of $112.10 and a 1 year high of $152.58.

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 (EPS) for the quarter, topping the consensus estimate of $1.22 by $0.06. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. The firm had revenue of $15.12 billion for the quarter, compared to the consensus estimate of $14.80 billion. During the same quarter in the previous year, the firm posted $1.14 EPS. The firm’s quarterly 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. FY 2026 guidance at 4.630-4.660 EPS. On average, equities research analysts anticipate that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 4th. Shareholders of record on Thursday, November 13th will be given a $0.425 dividend. This represents a $1.70 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend is Thursday, November 13th. TJX Companies’s dividend payout ratio is presently 38.72%.

Institutional Trading of TJX Companies

Large investors have recently added to or reduced their stakes in the business. High Note Wealth LLC grew its stake in shares of TJX Companies by 12.1% in the third quarter. High Note Wealth LLC now owns 667 shares of the apparel and home fashions retailer’s stock worth $96,000 after purchasing an additional 72 shares in the last quarter. Valley National Advisers Inc. lifted its holdings in TJX Companies by 2.3% in the third quarter. Valley National Advisers Inc. now owns 3,271 shares of the apparel and home fashions retailer’s stock worth $472,000 after purchasing an additional 73 shares during the period. Webster Bank N. A. grew its position in TJX Companies by 1.6% in the 3rd quarter. Webster Bank N. A. now owns 4,574 shares of the apparel and home fashions retailer’s stock valued at $661,000 after buying an additional 73 shares in the last quarter. REAP Financial Group LLC grew its position in TJX Companies by 12.1% in the 3rd quarter. REAP Financial Group LLC now owns 676 shares of the apparel and home fashions retailer’s stock valued at $98,000 after buying an additional 73 shares in the last quarter. Finally, Ignite Planners LLC increased its stake in TJX Companies by 3.8% during the 2nd quarter. Ignite Planners LLC now owns 2,130 shares of the apparel and home fashions retailer’s stock valued at $260,000 after buying an additional 77 shares during the period. 91.09% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on TJX shares. Jefferies Financial Group reissued a “buy” rating and set a $170.00 price target on shares of TJX Companies in a research report on Tuesday, November 11th. TD Cowen raised their price objective on shares of TJX Companies from $162.00 to $167.00 and gave the stock a “buy” rating in a report on Thursday. Wall Street Zen upgraded shares of TJX Companies from a “hold” rating to a “buy” rating in a research note on Saturday, August 23rd. The Goldman Sachs Group increased their price target on shares of TJX Companies from $163.00 to $170.00 and gave the stock a “buy” rating in a research report on Thursday. Finally, Sanford C. Bernstein boosted their price objective on TJX Companies from $152.00 to $155.00 and gave the company an “outperform” rating in a report on Thursday. One research analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of $158.90.

About TJX Companies

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.