Oarsman Capital Inc. Purchases 10,310 Shares of The TJX Companies, Inc. $TJX

Key Points

• Oarsman Capital Inc. increased its holdings in The TJX Companies, Inc. by 65.2%, now owning 26,134 shares worth $3,183,000 after acquiring an additional 10,310 shares.
• TJX Companies has reported a quarterly earnings per share (EPS) of $1.10, exceeding estimates, with revenues reaching $14.40 billion, marking a year-over-year increase of 6.9%.
• The company recently announced a quarterly dividend of $0.425 per share, reflecting an annualized dividend of $1.70, with a payout ratio of 38.72%.

Oarsman Capital Inc. increased its position in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 65.2% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 26,134 shares of the apparel and home fashions retailer's stock after acquiring an additional 10,310 shares during the period. Oarsman Capital Inc.'s holdings in TJX Companies were worth $3,183,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in TJX. TCTC Holdings LLC lifted its holdings in shares of TJX Companies by 210.1% during the first quarter. TCTC Holdings LLC now owns 214 shares of the apparel and home fashions retailer's stock valued at $26,000 after purchasing an additional 145 shares in the last quarter. Atlantic Edge Private Wealth Management LLC raised its position in TJX Companies by 58.8% in the 1st quarter. Atlantic Edge Private Wealth Management LLC now owns 297 shares of the apparel and home fashions retailer's stock worth $36,000 after buying an additional 110 shares during the last quarter. Iron Horse Wealth Management LLC raised its position in TJX Companies by 99.3% in the 1st quarter. Iron Horse Wealth Management LLC now owns 299 shares of the apparel and home fashions retailer's stock worth $36,000 after buying an additional 149 shares during the last quarter. Inlight Wealth Management LLC bought a new position in TJX Companies during the 1st quarter valued at about $37,000. Finally, Rialto Wealth Management LLC boosted its holdings in shares of TJX Companies by 105.9% during the 1st quarter. Rialto Wealth Management LLC now owns 348 shares of the apparel and home fashions retailer's stock valued at $42,000 after acquiring an additional 179 shares during the last quarter. 91.09% of the stock is currently owned by hedge funds and other institutional investors.

TJX Companies Trading Up 0.4%

Shares of TJX Companies stock opened at $137.29 on Thursday. The TJX Companies, Inc. has a 1-year low of $111.22 and a 1-year high of $145.58. The company's fifty day simple moving average is $127.79 and its 200-day simple moving average is $125.71. 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 $153.37 billion, a PE ratio of 31.27, a P/E/G ratio of 3.07 and a beta of 0.89.

TJX Companies (NYSE:TJX - Get Free Report) last posted its quarterly earnings data on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 EPS for the quarter, topping the consensus estimate of $1.01 by $0.09. The firm had revenue of $14.40 billion during the quarter, compared to analyst estimates of $14.12 billion. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.TJX Companies's revenue was up 6.9% on a year-over-year basis. During the same period in the prior year, the business posted $0.96 EPS. TJX Companies has set its FY 2026 guidance at 4.520-4.570 EPS. Q3 2026 guidance at 1.170-1.190 EPS. As a group, equities 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 disclosed a quarterly dividend, which will be paid on Thursday, September 4th. Stockholders of record on Thursday, August 14th will be given a dividend of $0.425 per share. This represents a $1.70 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Thursday, August 14th. TJX Companies's payout ratio is presently 38.72%.

Insider Buying and Selling at TJX Companies

In related news, Director Amy B. Lane sold 950 shares of the business's stock in a transaction that occurred on Tuesday, June 3rd. The stock was sold at an average price of $128.09, for a total transaction of $121,685.50. Following the completion of the transaction, the director directly owned 22,712 shares in the company, valued at approximately $2,909,180.08. The trade was a 4.01% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.13% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on TJX shares. Citigroup lifted their price target on shares of TJX Companies from $140.00 to $160.00 and gave the stock a "buy" rating in a research note on Thursday, August 21st. Wall Street Zen raised shares of TJX Companies from a "hold" rating to a "buy" rating in a research report on Saturday, August 23rd. TD Securities boosted their target price 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. Morgan Stanley increased their price target on TJX Companies from $140.00 to $150.00 and gave the company an "overweight" rating in a report on Thursday, August 21st. Finally, Telsey Advisory Group reaffirmed an "outperform" rating and issued a $155.00 price objective (up previously from $150.00) on shares of TJX Companies in a report on Wednesday, August 20th. One investment analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Buy" and an average price target of $147.58.

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.

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