George Kaiser Family Foundation Takes Position in The TJX Companies, Inc. $TJX

Key Points

• The George Kaiser Family Foundation purchased 2,411 shares of The TJX Companies, Inc., valued at approximately $294,000, during the 1st quarter.
• Director Amy B. Lane sold 950 shares of TJX stock for approximately $121,685.50, which reduced her ownership by 4.01%.
• The TJX Companies recently announced a quarterly dividend of $0.425 per share, reflecting an annualized yield of 1.3% and a payout ratio of 40%.

George Kaiser Family Foundation acquired a new stake in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 2,411 shares of the apparel and home fashions retailer's stock, valued at approximately $294,000.

Several other large investors also recently bought and sold shares of the business. Vanguard Group Inc. grew its stake in TJX Companies by 1.1% during the 1st quarter. Vanguard Group Inc. now owns 100,413,764 shares of the apparel and home fashions retailer's stock valued at $12,230,396,000 after acquiring an additional 1,099,129 shares in the last quarter. Northern Trust Corp grew its stake in TJX Companies by 15.2% during the 4th quarter. Northern Trust Corp now owns 13,985,826 shares of the apparel and home fashions retailer's stock valued at $1,689,628,000 after acquiring an additional 1,845,225 shares in the last quarter. Royal Bank of Canada grew its stake in shares of TJX Companies by 12.9% in the 4th quarter. Royal Bank of Canada now owns 12,300,919 shares of the apparel and home fashions retailer's stock valued at $1,486,074,000 after buying an additional 1,403,561 shares during the period. Nuveen LLC purchased a new stake in shares of TJX Companies in the 1st quarter valued at approximately $1,330,717,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of TJX Companies by 10.9% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 10,187,824 shares of the apparel and home fashions retailer's stock valued at $1,230,791,000 after buying an additional 1,005,260 shares during the period. Hedge funds and other institutional investors own 91.09% of the company's stock.

Analyst Ratings Changes

Several analysts have recently weighed in on TJX shares. Robert W. Baird increased their price target on shares of TJX Companies from $140.00 to $143.00 and gave the company an "outperform" rating in a research note on Thursday, May 22nd. Wells Fargo & Company reissued an "equal weight" rating on shares of TJX Companies in a research note on Wednesday, May 21st. Daiwa America raised shares of TJX Companies to a "strong-buy" rating in a research note on Tuesday, July 8th. TD Securities increased their price target on shares of TJX Companies from $140.00 to $142.00 and gave the company a "buy" rating in a research note on Tuesday, May 20th. Finally, Macquarie reissued a "buy" rating on shares of TJX Companies in a research note on Monday, August 11th. One research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat.com, TJX Companies presently has an average rating of "Buy" and an average target price of $141.33.

Insider Transactions at TJX Companies

In other TJX Companies news, Director Amy B. Lane sold 950 shares of the stock in a transaction that occurred on Tuesday, June 3rd. The shares were sold at an average price of $128.09, for a total transaction of $121,685.50. Following the sale, the director directly owned 22,712 shares in the company, valued at $2,909,180.08. This represents a 4.01% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.13% of the stock is currently owned by company insiders.

TJX Companies Trading Up 1.0%

Shares of NYSE:TJX traded up $1.37 during mid-day trading on Tuesday, reaching $134.43. 6,721,612 shares of the company were exchanged, compared to its average volume of 4,822,886. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.16 and a quick ratio of 0.51. The firm has a market cap of $150.17 billion, a price-to-earnings ratio of 31.63, a P/E/G ratio of 3.10 and a beta of 0.89. The firm's 50-day simple moving average is $126.21 and its 200 day simple moving average is $125.23. The TJX Companies, Inc. has a 1 year low of $111.22 and a 1 year high of $135.85.

TJX Companies (NYSE:TJX - Get Free Report) last released its earnings results on Wednesday, May 21st. The apparel and home fashions retailer reported $0.92 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.90 by $0.02. The company had revenue of $13.11 billion for the quarter, compared to analyst estimates of $13.01 billion. TJX Companies had a net margin of 8.47% and a return on equity of 58.81%. The firm's quarterly revenue was up 5.1% on a year-over-year basis. During the same period in the prior year, the business earned $0.93 EPS. TJX Companies has set its FY 2026 guidance at 4.340-4.430 EPS. Q2 2026 guidance at 0.970-1.000 EPS. Equities research analysts forecast that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 4th. Shareholders of record on Thursday, August 14th will be issued a dividend of $0.425 per share. The ex-dividend date is Thursday, August 14th. This represents a $1.70 dividend on an annualized basis and a yield of 1.3%. TJX Companies's dividend payout ratio is 40.00%.

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.