West Family Investments Inc. Purchases 2,574 Shares of The TJX Companies, Inc. $TJX

West Family Investments Inc. boosted its position in The TJX Companies, Inc. (NYSE:TJX) by 61.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,769 shares of the apparel and home fashions retailer’s stock after buying an additional 2,574 shares during the period. West Family Investments Inc.’s holdings in TJX Companies were worth $836,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Williamson Legacy Group LLC lifted its stake in TJX Companies by 126.1% in the second quarter. Williamson Legacy Group LLC now owns 9,301 shares of the apparel and home fashions retailer’s stock valued at $1,149,000 after buying an additional 5,187 shares during the period. Loomis Sayles & Co. L P acquired a new stake in TJX Companies in the second quarter worth $7,037,000. Skandinaviska Enskilda Banken AB publ raised its holdings in shares of TJX Companies by 16.2% during the second quarter. Skandinaviska Enskilda Banken AB publ now owns 378,311 shares of the apparel and home fashions retailer’s stock valued at $46,718,000 after purchasing an additional 52,743 shares during the period. Colonial Trust Advisors boosted its position in shares of TJX Companies by 1.3% during the 2nd quarter. Colonial Trust Advisors now owns 83,509 shares of the apparel and home fashions retailer’s stock worth $10,313,000 after purchasing an additional 1,076 shares in the last quarter. Finally, Norges Bank bought a new position in shares of TJX Companies during the 2nd quarter worth about $1,808,774,000. 91.09% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at TJX Companies

In related news, 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 directly owned 22,212 shares of the company’s stock, valued at approximately $3,362,896.80. This trade represents a 2.20% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Ernie Herrman sold 30,000 shares of the business’s stock in a transaction on Thursday, November 20th. The stock was sold at an average price of $148.81, for a total value of $4,464,300.00. Following the completion of the transaction, the chief executive officer directly owned 535,143 shares in the company, valued at approximately $79,634,629.83. This represents a 5.31% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 54,863 shares of company stock valued at $8,226,366. 0.13% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the company. Wells Fargo & Company reaffirmed a “market perform” rating and set a $145.00 price target (up from $140.00) on shares of TJX Companies in a research note on Thursday, November 20th. 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. 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 research report on Thursday, November 20th. UBS Group upped their price objective on shares of TJX Companies from $172.00 to $181.00 and gave the stock a “buy” rating in a report on Thursday, November 20th. Finally, Weiss Ratings reiterated a “buy (b+)” rating on shares of TJX Companies in a report on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $158.90.

TJX Companies Price Performance

Shares of NYSE:TJX opened at $152.45 on Friday. 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 stock has a market cap of $169.67 billion, a PE ratio of 34.73, a price-to-earnings-growth ratio of 3.14 and a beta of 0.90. The stock’s fifty day simple moving average is $144.25 and its two-hundred day simple moving average is $134.90. The TJX Companies, Inc. has a 1-year low of $112.10 and a 1-year high of $154.66.

TJX Companies (NYSE:TJX) last announced its earnings results 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. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. The company had revenue of $15.12 billion during the quarter, compared to the consensus estimate of $14.80 billion. During the same quarter in the prior year, the company posted $1.14 earnings per share. The firm’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. FY 2026 guidance at 4.630-4.660 EPS. As a group, analysts forecast that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 4th. Stockholders of record on Thursday, November 13th will be paid 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 is Thursday, November 13th. TJX Companies’s payout ratio is presently 37.53%.

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.