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

Representative Jared Moskowitz (D-Florida) recently bought shares of The TJX Companies, Inc. NYSE: TJX. In a filing disclosed on April 08th, the Representative disclosed that they had bought between $1,001 and $15,000 in TJX Companies stock on March 10th. The trade occurred in the Representative's "MORGAN STANLEY ACTIVE ASSETS (1)" account.

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

• Sold $15,001 - $50,000 in shares of Broadcom NASDAQ: AVGO on 3/11/2025.
• Purchased $1,001 - $15,000 in shares of NVIDIA NASDAQ: NVDA on 3/11/2025.
• Sold $1,001 - $15,000 in shares of Broadcom NASDAQ: AVGO on 3/10/2025.
• Sold $1,001 - $15,000 in shares of Elevance Health NYSE: ELV on 3/10/2025.
• Purchased $1,001 - $15,000 in shares of NVIDIA NASDAQ: NVDA on 3/10/2025.
• Sold $1,001 - $15,000 in shares of West Pharmaceutical Services NYSE: WST on 2/13/2025.
• Purchased $1,001 - $15,000 in shares of AbbVie NYSE: ABBV on 1/15/2025.
• Purchased $1,001 - $15,000 in shares of McKesson NYSE: MCK on 1/15/2025.
• Sold $1,001 - $15,000 in shares of Canadian National Railway NYSE: CNI on 1/15/2025.
• Purchased $1,001 - $15,000 in shares of Stryker NYSE: SYK on 1/15/2025.

TJX Companies Trading Up 0.6 %

Shares of TJX traded up $0.75 during midday trading on Friday, reaching $128.22. The company had a trading volume of 6,934,458 shares, compared to its average volume of 5,362,316. The TJX Companies, Inc. has a 1-year low of $92.35 and a 1-year high of $129.02. The company has a quick ratio of 0.50, a current ratio of 1.19 and a debt-to-equity ratio of 0.35. The firm has a 50 day simple moving average of $121.55 and a 200-day simple moving average of $120.68. The stock has a market cap of $143.24 billion, a PE ratio of 30.17, a price-to-earnings-growth ratio of 2.75 and a beta of 0.86.

Remove Ads

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 (EPS) for the quarter, topping the consensus estimate of $1.16 by $0.07. The firm had revenue of $16.35 billion during the quarter, compared to analysts' expectations of $16.24 billion. TJX Companies had a net margin of 8.63% and a return on equity of 61.82%. Research analysts forecast that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 5th. Investors of record on Thursday, May 15th will be issued 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 a boost from TJX Companies's previous quarterly dividend of $0.38. TJX Companies's dividend payout ratio (DPR) is currently 39.91%.

Insider Buying and Selling at TJX Companies

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

Institutional Investors Weigh In On TJX Companies

Hedge funds have recently bought and sold shares of the stock. Congress Asset Management Co. lifted its stake in TJX Companies by 1.1% in the fourth quarter. Congress Asset Management Co. now owns 1,228,840 shares of the apparel and home fashions retailer's stock worth $148,456,000 after acquiring an additional 13,036 shares during the last quarter. Atlas Legacy Advisors LLC purchased a new stake in shares of TJX Companies during the 4th quarter worth $433,000. BLB&B Advisors LLC grew its stake in shares of TJX Companies by 2.8% during the fourth quarter. BLB&B Advisors LLC now owns 81,079 shares of the apparel and home fashions retailer's stock worth $9,795,000 after purchasing an additional 2,201 shares in the last quarter. Empowered Funds LLC grew its stake in shares of TJX Companies by 12.1% during the fourth quarter. Empowered Funds LLC now owns 34,186 shares of the apparel and home fashions retailer's stock worth $4,130,000 after purchasing an additional 3,691 shares in the last quarter. Finally, Boyd Watterson Asset Management LLC OH purchased a new position in TJX Companies in the fourth quarter valued at $604,000. Institutional investors and hedge funds own 91.09% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have issued reports on the company. UBS Group raised their target price on TJX Companies from $148.00 to $151.00 and gave the stock a "buy" rating in a research note on Friday, January 10th. Wells Fargo & Company raised their price objective on TJX Companies from $115.00 to $120.00 and gave the stock an "equal weight" rating in a research report on Friday, January 10th. Citigroup raised shares of TJX Companies from a "neutral" rating to a "buy" rating and upped their target price for the company from $128.00 to $140.00 in a research report on Thursday, April 3rd. Morgan Stanley lifted their price target on shares of TJX Companies from $130.00 to $135.00 and gave the company an "overweight" rating in a research report on Tuesday, January 21st. Finally, Telsey Advisory Group reissued an "outperform" rating and issued a $145.00 price target on shares of TJX Companies in a research note on Thursday, February 27th. Two research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the stock. According to data from MarketBeat, TJX Companies presently has a consensus rating of "Moderate Buy" and an average price target of $135.76.

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.