Rep. Jefferson Shreve Buys The TJX Companies, Inc. (NYSE:TJX) Stock

Representative Jefferson Shreve (R-Indiana) recently bought shares of The TJX Companies, Inc. NYSE: TJX. In a filing disclosed on May 08th, the Representative disclosed that they had bought between $15,001 and $50,000 in TJX Companies stock on April 7th. The trade occurred in the Representative's "CRT - STANDARD UNIT TRUST" account.

Representative Jefferson Shreve also recently made the following trade(s):

• Purchased $50,001 - $100,000 in shares of Chipotle Mexican Grill NYSE: CMG on 4/17/2025.
• Purchased $50,001 - $100,000 in shares of Applied Materials NASDAQ: AMAT on 4/17/2025.
• Purchased $15,001 - $50,000 in shares of Caterpillar NYSE: CAT on 4/17/2025.
• Sold $15,001 - $50,000 in shares of Lululemon Athletica NASDAQ: LULU on 4/17/2025.
• Purchased $15,001 - $50,000 in shares of Western Digital NASDAQ: WDC on 4/17/2025.
• Sold $15,001 - $50,000 in shares of Zoetis NYSE: ZTS on 4/17/2025.
• Purchased $15,001 - $50,000 in shares of Stryker NYSE: SYK on 4/17/2025.
• Purchased $15,001 - $50,000 in shares of NextEra Energy NYSE: NEE on 4/17/2025.
• Purchased $15,001 - $50,000 in shares of CSX NASDAQ: CSX on 4/17/2025.
• Purchased $15,001 - $50,000 in shares of Ross Stores NASDAQ: ROST on 4/17/2025.

TJX Companies Stock Performance

NYSE TJX traded up $0.07 during trading hours on Friday, hitting $128.16. 4,131,085 shares of the company's stock traded hands, compared to its average volume of 5,332,623. The business's fifty day moving average price is $123.03 and its two-hundred day moving average price is $122.28. The company has a current ratio of 1.19, a quick ratio of 0.50 and a debt-to-equity ratio of 0.35. The firm has a market capitalization of $143.17 billion, a P/E ratio of 30.16, a P/E/G ratio of 2.75 and a beta of 0.94. The TJX Companies, Inc. has a 52 week low of $97.53 and a 52 week high of $131.30.

TJX Companies (NYSE:TJX - Get Free Report) last released its quarterly earnings data on Wednesday, February 26th. The apparel and home fashions retailer reported $1.23 earnings per share for the quarter, topping analysts' consensus estimates of $1.16 by $0.07. TJX Companies had a return on equity of 61.82% and a net margin of 8.63%. The firm had revenue of $16.35 billion during the quarter, compared to analyst estimates of $16.24 billion. Equities research analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 5th. Stockholders of record on Thursday, May 15th will be paid a $0.425 dividend. This represents a $1.70 annualized dividend and a dividend yield of 1.33%. The ex-dividend date of this dividend is Thursday, May 15th. This is an increase from TJX Companies's previous quarterly dividend of $0.38. TJX Companies's dividend payout ratio is currently 39.91%.

Insider Buying and Selling at TJX Companies

In other TJX Companies news, CEO Ernie Herrman sold 23,428 shares of the stock in a transaction that occurred on Wednesday, March 5th. The stock was sold at an average price of $123.03, for a total transaction of $2,882,346.84. Following the completion of the transaction, the chief executive officer now owns 484,189 shares of the company's stock, valued at $59,569,772.67. This represents a 4.62 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Alan M. Bennett sold 8,000 shares of TJX Companies stock in a transaction that occurred on Thursday, February 27th. The stock was sold at an average price of $123.53, for a total value of $988,240.00. The disclosure for this sale can be found here. 0.13% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on TJX. Barclays increased their target price on TJX Companies from $136.00 to $137.00 and gave the stock an "overweight" rating in a research note on Thursday, February 27th. UBS Group upped their target price on TJX Companies from $148.00 to $151.00 and gave the stock a "buy" rating in a report on Friday, January 10th. StockNews.com downgraded TJX Companies from a "buy" rating to a "hold" rating in a report on Thursday, May 1st. Telsey Advisory Group reiterated an "outperform" rating and set a $145.00 target price on shares of TJX Companies in a report on Thursday, February 27th. Finally, Robert W. Baird boosted their price target on shares of TJX Companies from $138.00 to $140.00 and gave the company an "outperform" rating in a report on Thursday, February 27th. Two research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $136.94.

Institutional Trading of TJX Companies

Hedge funds and other institutional investors have recently made changes to their positions in the business. Bogart Wealth LLC acquired a new position in shares of TJX Companies in the 4th quarter valued at about $25,000. Trivant Custom Portfolio Group LLC acquired a new position in TJX Companies in the fourth quarter valued at approximately $26,000. TCTC Holdings LLC boosted 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 worth $26,000 after purchasing an additional 145 shares in the last quarter. SOA Wealth Advisors LLC. purchased a new position in shares of TJX Companies during the 4th quarter valued at approximately $30,000. Finally, Millstone Evans Group LLC acquired a new position in shares of TJX Companies in the 4th quarter valued at $30,000. Institutional investors and hedge funds own 91.09% of the company's stock.

About Representative Shreve

Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana's 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana's 6th Congressional District. He declared candidacy for the 2026 election. Email editor@ballotpedia.org to notify us of updates to this biography. Jefferson Shreve earned a bachelor's degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve's career experience includes working as a real estate executive. Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.

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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