Choreo LLC Buys 3,866 Shares of The TJX Companies, Inc. $TJX

Choreo LLC boosted its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 9.3% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 45,348 shares of the apparel and home fashions retailer’s stock after acquiring an additional 3,866 shares during the period. Choreo LLC’s holdings in TJX Companies were worth $5,600,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Pinpoint Asset Management Singapore Pte. Ltd. purchased a new stake in shares of TJX Companies in the second quarter worth $294,000. Silphium Asset Management Ltd lifted its stake in shares of TJX Companies by 11.8% during the 2nd quarter. Silphium Asset Management Ltd now owns 20,161 shares of the apparel and home fashions retailer’s stock valued at $2,490,000 after buying an additional 2,120 shares in the last quarter. Inceptionr LLC bought a new position in TJX Companies in the 2nd quarter worth $1,291,000. J.W. Cole Advisors Inc. increased its stake in TJX Companies by 73.1% in the 2nd quarter. J.W. Cole Advisors Inc. now owns 49,632 shares of the apparel and home fashions retailer’s stock worth $6,129,000 after buying an additional 20,967 shares in the last quarter. Finally, SlateStone Wealth LLC raised its holdings in TJX Companies by 2.7% during the second quarter. SlateStone Wealth LLC now owns 55,078 shares of the apparel and home fashions retailer’s stock valued at $6,802,000 after acquiring an additional 1,444 shares during the period. Hedge funds and other institutional investors own 91.09% of the company’s stock.

Insider Transactions at TJX Companies

In related news, Director Amy B. Lane sold 500 shares of TJX Companies stock in a transaction dated Friday, November 21st. The stock was sold at an average price of $151.40, for a total value 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. This trade represents a 2.20% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, 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 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 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 Ratings Changes

A number of equities analysts have recently weighed in on the company. Erste Group Bank started coverage on TJX Companies in a research note on Friday, September 5th. They issued a “buy” rating for the company. Morgan Stanley restated an “overweight” rating and issued a $162.00 price target (up from $159.00) on shares of TJX Companies in a research note on Thursday, November 20th. Citigroup reiterated a “buy” rating and set a $168.00 price objective (up previously from $160.00) on shares of TJX Companies in a research report on Thursday, November 20th. JPMorgan Chase & Co. boosted their target price on shares of TJX Companies from $150.00 to $154.00 and gave the stock an “overweight” rating in a report on Thursday, November 20th. Finally, Robert W. Baird set a $160.00 target price on shares of TJX Companies and gave the company an “outperform” rating in a research note on Thursday, November 20th. One 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 data from MarketBeat, the stock has an average rating of “Buy” and an average target price of $158.90.

TJX Companies Stock Up 0.6%

Shares of TJX opened at $153.32 on Thursday. 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 stock has a market capitalization of $170.63 billion, a price-to-earnings ratio of 34.92, a price-to-earnings-growth ratio of 3.14 and a beta of 0.90. The TJX Companies, Inc. has a 1 year low of $112.10 and a 1 year high of $154.66. The business’s 50 day simple moving average is $143.73 and its 200-day simple moving average is $134.62.

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 for the quarter, topping the consensus estimate of $1.22 by $0.06. The company had revenue of $15.12 billion for the quarter, compared to analysts’ expectations of $14.80 billion. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. TJX Companies’s quarterly revenue was up 7.5% on a year-over-year basis. During the same quarter in the previous year, the business 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. As a group, equities analysts expect that The TJX Companies, Inc. will post 4.18 earnings per share 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. Stockholders of record on Thursday, November 13th will be given a dividend of $0.425 per share. 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 dividend payout ratio is currently 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.