Investors Purchase High Volume of TJX Companies Call Options (NYSE:TJX)

Key Points

• Investors have significantly increased their holdings in TJX Companies, acquiring 18,552 call options, a 70% rise from the typical volume, indicating strong bullish sentiments towards the stock.
• TJX Companies reported $1.10 EPS for the last quarter, surpassing analysts' expectations of $1.01, with a year-over-year revenue increase of 6.9% to $14.40 billion.
• The company declared a quarterly dividend of $0.425 per share, amounting to an annual yield of 1.2%, with the ex-dividend date set for November 13th.

The TJX Companies, Inc. (NYSE:TJX - Get Free Report) saw unusually large options trading on Thursday. Stock investors acquired 18,552 call options on the stock. This is an increase of 70% compared to the average volume of 10,934 call options.

TJX Companies Stock Performance

Shares of TJX stock traded up $0.16 during mid-day trading on Thursday, reaching $140.60. The stock had a trading volume of 1,187,931 shares, compared to its average volume of 5,273,665. The firm's 50 day simple moving average is $133.97 and its 200 day simple moving average is $127.95. The company has a quick ratio of 0.52, a current ratio of 1.17 and a debt-to-equity ratio of 0.32. TJX Companies has a one year low of $111.22 and a one year high of $145.58. The firm has a market cap of $156.47 billion, a PE ratio of 32.03, a P/E/G ratio of 3.14 and a beta of 0.90.

TJX Companies (NYSE:TJX - Get Free Report) last announced its quarterly earnings data on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 EPS for the quarter, topping analysts' consensus estimates 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 quarter last year, the company earned $0.96 EPS. The company's quarterly 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. On average, analysts forecast that TJX Companies will post 4.18 EPS for the current year.

TJX Companies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 4th. Investors of record on Thursday, November 13th will be given a dividend of $0.425 per share. This represents a $1.70 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Thursday, November 13th. TJX Companies's dividend payout ratio (DPR) is 38.72%.

Analysts Set New Price Targets

A number of research analysts have recently commented on TJX shares. Erste Group Bank started coverage on TJX Companies in a report on Friday, September 5th. They set a "buy" rating on the stock. Macquarie reissued a "buy" rating on shares of TJX Companies in a report on Monday, August 11th. Daiwa Capital Markets began coverage on TJX Companies in a report on Tuesday, July 8th. They issued an "outperform" rating and a $133.00 target price on the stock. Daiwa America raised TJX Companies to a "strong-buy" rating in a report on Tuesday, July 8th. Finally, Wall Street Zen raised TJX Companies from a "hold" rating to a "buy" rating in a report on Saturday, August 23rd. One analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and a consensus price target of $147.58.

Hedge Funds Weigh In On TJX Companies

Hedge funds and other institutional investors have recently modified their holdings of the stock. Lavaca Capital LLC bought a new position in TJX Companies in the 2nd quarter valued at $25,000. TCTC Holdings LLC raised its position in TJX Companies by 210.1% in the 1st 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 during the last quarter. Princeton Global Asset Management LLC bought a new position in TJX Companies in the 2nd quarter valued at $28,000. Howard Hughes Medical Institute bought a new position in TJX Companies in the 2nd quarter valued at $30,000. Finally, Legacy Investment Solutions LLC bought a new position in TJX Companies in the 2nd quarter valued at $32,000. Institutional investors own 91.09% 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.

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