The TJX Companies, Inc. $TJX Stock Holdings Trimmed by OMERS ADMINISTRATION Corp

Key Points

• OMERS Administration Corp has significantly reduced its holdings in The TJX Companies, Inc. by 87.1%, selling 345,705 shares, which now leaves them with 51,075 shares valued at approximately $6.22 million.
• Several institutional investors increased their stakes in TJX, with Truvestments Capital LLC boosting their investment by 148.6%, indicating strong interest in the retailer from other players in the market.
• The TJX Companies has announced a quarterly dividend of $0.425 per share, with an annualized yield of 1.2%, demonstrating ongoing commitment to returning value to shareholders.

OMERS ADMINISTRATION Corp lessened its holdings in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) by 87.1% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 51,075 shares of the apparel and home fashions retailer's stock after selling 345,705 shares during the quarter. OMERS ADMINISTRATION Corp's holdings in TJX Companies were worth $6,221,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in TJX. Shell Asset Management Co. boosted its stake in TJX Companies by 16.5% in the 4th quarter. Shell Asset Management Co. now owns 29,168 shares of the apparel and home fashions retailer's stock worth $3,524,000 after buying an additional 4,128 shares during the last quarter. Pathstone Holdings LLC lifted its holdings in shares of TJX Companies by 10.1% during the 4th quarter. Pathstone Holdings LLC now owns 736,616 shares of the apparel and home fashions retailer's stock worth $88,992,000 after acquiring an additional 67,853 shares during the period. Ethic Inc. grew its holdings in TJX Companies by 21.1% in the fourth quarter. Ethic Inc. now owns 167,169 shares of the apparel and home fashions retailer's stock valued at $20,196,000 after purchasing an additional 29,158 shares during the period. Fiduciary Trust Co grew its holdings in TJX Companies by 5.2% in the fourth quarter. Fiduciary Trust Co now owns 2,891,186 shares of the apparel and home fashions retailer's stock valued at $349,284,000 after purchasing an additional 144,113 shares during the period. Finally, Pinnacle Financial Partners Inc increased its position in TJX Companies by 2.2% during the first quarter. Pinnacle Financial Partners Inc now owns 387,342 shares of the apparel and home fashions retailer's stock worth $46,989,000 after purchasing an additional 8,319 shares during the last quarter. Hedge funds and other institutional investors own 91.09% of the company's stock.

Insider Buying and Selling at TJX Companies

In related news, Director Amy B. Lane sold 950 shares of the company'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 sale, the director directly owned 22,712 shares of the company's stock, valued at approximately $2,909,180.08. This represents a 4.01% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 0.13% of the company's stock.

TJX Companies Stock Down 0.4%

Shares of TJX traded down $0.49 during mid-day trading on Monday, reaching $136.63. 4,116,829 shares of the stock traded hands, compared to its average volume of 5,570,308. The stock has a fifty day simple moving average of $128.35 and a 200 day simple moving average of $125.89. The TJX Companies, Inc. has a 12-month low of $111.22 and a 12-month high of $145.58. The company has a quick ratio of 0.52, a current ratio of 1.17 and a debt-to-equity ratio of 0.32. The firm has a market cap of $152.63 billion, a price-to-earnings ratio of 31.12, a P/E/G ratio of 3.07 and a beta of 0.90.

TJX Companies (NYSE:TJX - Get Free Report) last announced its earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share for the quarter, beating the consensus estimate of $1.01 by $0.09. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.The company had revenue of $14.40 billion during the quarter, compared to the consensus estimate of $14.12 billion. During the same period last year, the firm earned $0.96 earnings per share. The company's revenue was up 6.9% on a year-over-year basis. TJX Companies has set its FY 2026 guidance at 4.520-4.570 EPS. Q3 2026 guidance at 1.170-1.190 EPS. Sell-side analysts expect that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 4th. Stockholders of record on Thursday, August 14th will be given a $0.425 dividend. The ex-dividend date is Thursday, August 14th. This represents a $1.70 annualized dividend and a dividend yield of 1.2%. TJX Companies's dividend payout ratio (DPR) is presently 38.72%.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on TJX shares. Barclays lifted their price target on shares of TJX Companies from $147.00 to $155.00 and gave the company an "overweight" rating in a report on Thursday, August 21st. Wells Fargo & Company raised their price target on shares of TJX Companies from $120.00 to $130.00 and gave the company an "equal weight" rating in a report on Thursday, August 21st. Sanford C. Bernstein boosted their price objective on shares of TJX Companies from $145.00 to $152.00 and gave the stock an "outperform" rating in a research note on Thursday, August 21st. Bank of America raised their target price on shares of TJX Companies from $145.00 to $150.00 and gave the company a "buy" rating in a research note on Thursday, August 21st. Finally, Citigroup lifted their target price on shares of TJX Companies from $140.00 to $160.00 and gave the company a "buy" rating in a report on Thursday, August 21st. One equities research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat.com, TJX Companies currently has an average rating of "Buy" and an average target price of $147.58.

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.