TJX Companies (NYSE:TJX) Shares Acquired Rep. Jared Moskowitz

Representative Jared Moskowitz (D-Florida) recently bought shares of The TJX Companies, Inc. NYSE: TJX. In a filing disclosed on May 09th, the Representative disclosed that they had bought between $1,001 and $15,000 in TJX Companies stock on April 7th. The trade occurred in the Representative's "MORGAN STANLEY ACTIVE ASSETS (1)" account.

Representative Jared Moskowitz also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of Amgen NASDAQ: AMGN on 4/16/2025.
• Purchased $1,001 - $15,000 in shares of NVIDIA NASDAQ: NVDA on 4/16/2025.
• Sold $1,001 - $15,000 in shares of Starbucks NASDAQ: SBUX on 4/10/2025.
• Sold $15,001 - $50,000 in shares of The Goldman Sachs Group NYSE: GS on 4/10/2025.
• Sold $1,001 - $15,000 in shares of The Goldman Sachs Group NYSE: GS on 4/10/2025.
• Purchased $1,001 - $15,000 in shares of Southern NYSE: SO on 4/7/2025.
• Purchased $1,001 - $15,000 in shares of AbbVie NYSE: ABBV on 4/7/2025.
• Purchased $1,001 - $15,000 in shares of Sherwin-Williams NYSE: SHW on 4/7/2025.
• Purchased $1,001 - $15,000 in shares of Texas Instruments NASDAQ: TXN on 4/7/2025.
• Purchased $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 4/7/2025.

TJX Companies Price Performance

Shares of TJX stock traded up $1.68 on Thursday, reaching $132.93. 4,846,303 shares of the company were exchanged, compared to its average volume of 5,348,275. The TJX Companies, Inc. has a 1 year low of $97.53 and a 1 year high of $133.43. The business has a 50-day moving average price of $123.64 and a 200 day moving average price of $122.63. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.50 and a current ratio of 1.19. The company has a market cap of $148.50 billion, a price-to-earnings ratio of 31.28, a P/E/G ratio of 2.75 and a beta of 0.94.

TJX Companies (NYSE:TJX - Get Free Report) last issued its quarterly earnings results on Wednesday, February 26th. The apparel and home fashions retailer reported $1.23 earnings per share (EPS) 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 for the quarter, compared to analyst estimates of $16.24 billion. Equities research analysts forecast that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 5th. Stockholders of record on Thursday, May 15th will be given a $0.425 dividend. This is a positive change from TJX Companies's previous quarterly dividend of $0.38. The ex-dividend date is Thursday, May 15th. This represents a $1.70 annualized dividend and a dividend yield of 1.28%. TJX Companies's dividend payout ratio (DPR) is 39.91%.

Insider Buying and Selling at TJX Companies

In related news, Director Alan M. Bennett sold 8,000 shares of the stock in a transaction on Thursday, February 27th. The shares were sold at an average price of $123.53, for a total transaction of $988,240.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Ernie Herrman sold 23,428 shares of the firm's stock in a transaction 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 sale, the chief executive officer now owns 484,189 shares of the company's stock, valued at $59,569,772.67. This trade represents a 4.62% decrease in their position. The disclosure for this sale can be found here. 0.13% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

TJX has been the subject of several research reports. Wells Fargo & Company upped their price objective on shares of TJX Companies from $115.00 to $120.00 and gave the company an "equal weight" rating in a research note on Wednesday. Robert W. Baird lifted their price objective on TJX Companies from $138.00 to $140.00 and gave the stock an "outperform" rating in a research report on Thursday, February 27th. Telsey Advisory Group reiterated an "outperform" rating and set a $145.00 price target on shares of TJX Companies in a report on Thursday, February 27th. Barclays boosted their target price on shares of TJX Companies from $136.00 to $137.00 and gave the company an "overweight" rating in a report on Thursday, February 27th. Finally, BMO Capital Markets raised their price target on shares of TJX Companies from $133.00 to $145.00 and gave the stock an "outperform" rating in a report on Thursday, February 27th. One equities research analyst has rated the stock with a hold rating and sixteen have given a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $137.25.

Institutional Investors Weigh In On TJX Companies

Institutional investors and hedge funds have recently modified their holdings of the company. Promethium Advisors LLC grew its position in TJX Companies by 37.2% in the 1st quarter. Promethium Advisors LLC now owns 14,882 shares of the apparel and home fashions retailer's stock valued at $1,813,000 after acquiring an additional 4,036 shares in the last quarter. Federation des caisses Desjardins du Quebec raised its holdings in TJX Companies by 32.3% in the first quarter. Federation des caisses Desjardins du Quebec now owns 281,087 shares of the apparel and home fashions retailer's stock valued at $34,239,000 after acquiring an additional 68,606 shares in the last quarter. EP Wealth Advisors LLC raised its holdings in shares of TJX Companies by 6.2% in the 1st quarter. EP Wealth Advisors LLC now owns 268,884 shares of the apparel and home fashions retailer's stock valued at $32,750,000 after purchasing an additional 15,730 shares in the last quarter. PDT Partners LLC purchased a new stake in TJX Companies during the 1st quarter worth about $2,425,000. Finally, Maverick Capital Ltd. acquired a new stake in TJX Companies during the first quarter worth approximately $2,166,000. Hedge funds and other institutional investors own 91.09% of the company's stock.

About Representative Moskowitz

Jared Evan Moskowitz (Democratic Party) is a member of the U.S. House, representing Florida's 23rd Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027. Moskowitz (Democratic Party) is running for re-election to the U.S. House to represent Florida's 23rd Congressional District. He declared candidacy for the 2026 election. Jared Evan Moskowitz was born in Coral Springs, Florida. Moskowitz graduated from Marjory Stoneman Douglas High School. He earned a bachelor's degree in political science and government from George Washington University in 2003 and a law degree from Nova Southeastern University in 2007. Moskowitz's career experience includes working as the director of the Florida Division of Emergency Management and general counsel with AshBritt Inc.

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.