Westerkirk Capital Inc. Buys Shares of 72,875 The TJX Companies, Inc. $TJX

Westerkirk Capital Inc. purchased a new stake in shares of The TJX Companies, Inc. (NYSE:TJX) in the 2nd quarter, HoldingsChannel reports. The fund purchased 72,875 shares of the apparel and home fashions retailer’s stock, valued at approximately $8,999,000. TJX Companies makes up about 1.1% of Westerkirk Capital Inc.’s holdings, making the stock its 17th largest holding.

A number of other institutional investors have also modified their holdings of TJX. Ignite Planners LLC lifted its position in TJX Companies by 3.8% during the second quarter. Ignite Planners LLC now owns 2,130 shares of the apparel and home fashions retailer’s stock valued at $260,000 after acquiring an additional 77 shares during the last quarter. Revolve Wealth Partners LLC increased its position in shares of TJX Companies by 3.3% during the second quarter. Revolve Wealth Partners LLC now owns 2,453 shares of the apparel and home fashions retailer’s stock worth $303,000 after purchasing an additional 79 shares in the last quarter. Roble Belko & Company Inc lifted its holdings in shares of TJX Companies by 0.3% during the 2nd quarter. Roble Belko & Company Inc now owns 31,478 shares of the apparel and home fashions retailer’s stock valued at $3,887,000 after purchasing an additional 82 shares during the last quarter. Knuff & Co LLC boosted its position in shares of TJX Companies by 8.5% in the 1st quarter. Knuff & Co LLC now owns 1,056 shares of the apparel and home fashions retailer’s stock worth $129,000 after purchasing an additional 83 shares in the last quarter. Finally, 3Chopt Investment Partners LLC grew its stake in TJX Companies by 1.6% during the 2nd quarter. 3Chopt Investment Partners LLC now owns 5,239 shares of the apparel and home fashions retailer’s stock worth $647,000 after buying an additional 83 shares during the last quarter. 91.09% of the stock is currently owned by institutional investors.

Insider Activity

In other news, CEO Ernie Herrman sold 30,000 shares of the business’s stock in a transaction that occurred 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 sale, the chief executive officer directly owned 535,143 shares in the company, valued at $79,634,629.83. The trade was a 5.31% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Amy B. Lane sold 500 shares of the company’s stock in a transaction that occurred on Friday, November 21st. The stock was sold at an average price of $151.40, for a total value 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. 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.

Wall Street Analysts Forecast Growth

TJX has been the subject of several recent analyst reports. Sanford C. Bernstein raised their price target on TJX Companies from $152.00 to $155.00 and gave the stock an “outperform” rating in a report on Thursday, November 20th. Telsey Advisory Group reaffirmed an “outperform” rating and issued a $170.00 price objective (up from $155.00) on shares of TJX Companies in a research report on Wednesday, November 19th. Barclays reissued an “overweight” rating and set a $168.00 target price (up previously from $155.00) on shares of TJX Companies in a research report on Thursday, November 20th. BTIG Research restated a “buy” rating and set a $165.00 price target on shares of TJX Companies in a research note on Thursday, November 20th. Finally, Jefferies Financial Group reiterated a “buy” rating and set a $170.00 price objective on shares of TJX Companies in a research note on Tuesday, November 11th. One equities research 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 company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average price target of $158.90.

TJX Companies Trading Down 0.6%

TJX Companies stock opened at $151.03 on Tuesday. 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 12 month low of $112.10 and a 12 month high of $154.66. The stock’s 50 day simple moving average is $144.48 and its two-hundred day simple moving average is $135.08. The firm has a market cap of $168.09 billion, a PE ratio of 34.40, a P/E/G ratio of 3.14 and a beta of 0.76.

TJX Companies (NYSE:TJX) last announced 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 analysts’ consensus estimates of $1.22 by $0.06. The firm had revenue of $15.12 billion for the quarter, compared to the consensus estimate of $14.80 billion. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. The firm’s quarterly revenue was up 7.5% compared to the same quarter last year. During the same period in the prior year, the firm 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. Analysts anticipate that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 4th. Investors of record on Thursday, November 13th will be paid a $0.425 dividend. This represents a $1.70 annualized dividend and a dividend yield of 1.1%. The ex-dividend date is Thursday, November 13th. TJX Companies’s 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.