American Trust Purchases 4,540 Shares of The TJX Companies, Inc. $TJX

American Trust lifted its holdings in The TJX Companies, Inc. (NYSE:TJX) by 10.3% during the 2nd quarter, Holdings Channel.com reports. The firm owned 48,460 shares of the apparel and home fashions retailer’s stock after buying an additional 4,540 shares during the period. TJX Companies makes up about 0.6% of American Trust’s investment portfolio, making the stock its 27th largest position. American Trust’s holdings in TJX Companies were worth $5,984,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently added to or reduced their stakes in TJX. Norges Bank purchased a new position in shares of TJX Companies during the 2nd quarter worth $1,808,774,000. Laurel Wealth Advisors LLC raised its holdings in TJX Companies by 12,417.0% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 4,057,273 shares of the apparel and home fashions retailer’s stock worth $501,033,000 after purchasing an additional 4,024,859 shares during the period. Corient Private Wealth LLC lifted its position in TJX Companies by 120.7% during the second quarter. Corient Private Wealth LLC now owns 5,016,792 shares of the apparel and home fashions retailer’s stock valued at $620,406,000 after purchasing an additional 2,743,676 shares in the last quarter. ABN AMRO Bank N.V. bought a new stake in TJX Companies during the second quarter valued at about $244,687,000. Finally, Mirova US LLC grew its holdings in TJX Companies by 164.5% during the second quarter. Mirova US LLC now owns 2,699,156 shares of the apparel and home fashions retailer’s stock valued at $333,319,000 after purchasing an additional 1,678,665 shares during the period. 91.09% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, 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 transaction of $75,700.00. Following the sale, the director directly owned 22,212 shares of the company’s stock, valued at $3,362,896.80. This represents 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 that occurred on Thursday, November 20th. The shares were sold at an average price of $148.81, for a total value of $4,464,300.00. Following the transaction, the chief executive officer owned 535,143 shares of the company’s stock, valued at $79,634,629.83. This represents a 5.31% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 54,863 shares of company stock valued at $8,226,366. 0.13% of the stock is owned by corporate insiders.

TJX Companies Price Performance

TJX stock opened at $156.10 on Monday. The TJX Companies, Inc. has a one year low of $112.10 and a one year high of $157.72. The company’s fifty day moving average price is $146.43 and its 200-day moving average price is $136.55. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.43 and a current ratio of 1.09. The company has a market capitalization of $173.34 billion, a PE ratio of 34.46, a price-to-earnings-growth ratio of 3.50 and a beta of 0.76.

TJX Companies (NYSE:TJX) last posted its earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 earnings per share for the quarter, beating the consensus estimate of $1.22 by $0.06. The company had revenue of $15.12 billion during the quarter, compared to analysts’ expectations of $14.80 billion. TJX Companies had a net margin of 8.68% and a return on equity of 58.30%. TJX Companies’s quarterly revenue was up 7.5% on a year-over-year basis. During the same period last year, the company posted $1.14 earnings per share. 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. On average, equities analysts anticipate that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 5th. Investors of record on Thursday, February 12th 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 is Thursday, February 12th. TJX Companies’s payout ratio is currently 37.53%.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the company. Wells Fargo & Company reaffirmed a “market perform” rating and issued a $145.00 price objective (up previously from $140.00) on shares of TJX Companies in a research note on Thursday, November 20th. Bank of America lifted their price target on shares of TJX Companies from $150.00 to $168.00 and gave the company a “buy” rating in a report on Thursday, November 20th. The Goldman Sachs Group increased their price objective on shares of TJX Companies from $163.00 to $170.00 and gave the stock a “buy” rating in a research note on Thursday, November 20th. BTIG Research restated a “buy” rating and set a $165.00 price objective on shares of TJX Companies in a research report on Thursday, November 20th. Finally, Sanford C. Bernstein upped their target price on shares of TJX Companies from $152.00 to $155.00 and gave the stock an “outperform” rating in a report on Thursday, November 20th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $161.10.

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.