Edgestream Partners L.P. Purchases 15,047 Shares of The TJX Companies, Inc. $TJX

Edgestream Partners L.P. raised its position in The TJX Companies, Inc. (NYSE:TJX) by 642.2% in the second quarter, HoldingsChannel.com reports. The fund owned 17,390 shares of the apparel and home fashions retailer’s stock after purchasing an additional 15,047 shares during the quarter. Edgestream Partners L.P.’s holdings in TJX Companies were worth $2,147,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of the company. Princeton Global Asset Management LLC bought a new position in TJX Companies during the second quarter worth about $28,000. Legacy Investment Solutions LLC acquired a new stake in shares of TJX Companies in the second quarter valued at approximately $32,000. True Wealth Design LLC boosted its stake in shares of TJX Companies by 121.1% during the 2nd quarter. True Wealth Design LLC now owns 272 shares of the apparel and home fashions retailer’s stock worth $34,000 after acquiring an additional 149 shares during the period. Activest Wealth Management boosted its stake in shares of TJX Companies by 4,485.7% during the 1st quarter. Activest Wealth Management now owns 321 shares of the apparel and home fashions retailer’s stock worth $39,000 after acquiring an additional 314 shares during the period. Finally, Maseco LLP acquired a new position in shares of TJX Companies during the 2nd quarter worth approximately $43,000. 91.09% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the company. Sanford C. Bernstein raised their price target on TJX Companies from $152.00 to $155.00 and gave the company an “outperform” rating in a report on Thursday, November 20th. TD Cowen raised their target price on shares of TJX Companies from $162.00 to $167.00 and gave the stock a “buy” rating in a research note on Thursday, November 20th. The Goldman Sachs Group lifted their target price on shares of TJX Companies from $163.00 to $170.00 and gave the stock a “buy” rating in a report on Thursday, November 20th. Citigroup reissued a “buy” rating and issued a $168.00 price target (up from $160.00) on shares of TJX Companies in a report on Thursday, November 20th. Finally, UBS Group restated a “buy” rating and set a $181.00 price objective on shares of TJX Companies in a research report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, TJX Companies presently has an average rating of “Buy” and a consensus price target of $160.37.

TJX Companies Trading Up 0.1%

TJX stock opened at $150.26 on Friday. The TJX Companies, Inc. has a 52 week low of $112.10 and a 52 week high of $154.66. The company has a market capitalization of $166.86 billion, a PE ratio of 33.17, a price-to-earnings-growth ratio of 3.36 and a beta of 0.76. The company’s 50-day simple moving average is $145.06 and its 200 day simple moving average is $135.40. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.43 and a current ratio of 1.09.

TJX Companies (NYSE:TJX) last issued its quarterly earnings data 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. TJX Companies had a net margin of 8.68% and a return on equity of 58.30%. The business had revenue of $15.12 billion during the quarter, compared to analysts’ expectations of $14.80 billion. During the same quarter in the previous year, the company earned $1.14 EPS. The business’s 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 and its FY 2026 guidance at 4.630-4.660 EPS. As a group, sell-side analysts anticipate that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, December 4th. Investors of record on Thursday, November 13th were given a dividend of $0.425 per share. The ex-dividend date of this dividend was Thursday, November 13th. This represents a $1.70 dividend on an annualized basis and a yield of 1.1%. TJX Companies’s dividend payout ratio is currently 37.53%.

Insider Buying and Selling at TJX Companies

In other TJX Companies news, Director Amy B. Lane sold 500 shares of TJX Companies stock in a transaction 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 completion of the transaction, the director directly owned 22,212 shares of the company’s stock, valued at $3,362,896.80. The trade was a 2.20% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Ernie Herrman sold 30,000 shares of the 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 sale, the chief executive officer directly owned 535,143 shares in the company, valued at approximately $79,634,629.83. This trade represents a 5.31% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 54,863 shares of company stock valued at $8,226,366 over the last ninety days. Insiders own 0.13% of the company’s stock.

TJX Companies Company 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.