Rep. Jared Moskowitz Buys The TJX Companies, Inc. (NYSE:TJX) Shares

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 (6)" account.

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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 Stock Performance

Shares of TJX stock opened at $126.06 on Thursday. The stock has a market capitalization of $140.82 billion, a price-to-earnings ratio of 29.66, a PEG ratio of 2.75 and a beta of 0.86. The TJX Companies, Inc. has a one year low of $92.35 and a one year high of $128.99. The company's 50-day simple moving average is $121.43 and its 200-day simple moving average is $120.52. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.50 and a current ratio of 1.19.

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TJX Companies (NYSE:TJX - Get Free Report) last released its earnings results on Wednesday, February 26th. The apparel and home fashions retailer reported $1.23 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 company had revenue of $16.35 billion for the quarter, compared to the consensus estimate of $16.24 billion. Equities analysts anticipate 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. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $1.70 annualized dividend and a dividend yield of 1.35%. This is an increase from TJX Companies's previous quarterly dividend of $0.38. TJX Companies's payout ratio is presently 39.91%.

Insider Buying and Selling

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In other TJX Companies news, CEO Ernie Herrman sold 23,428 shares of the company's stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of $123.03, for a total value of $2,882,346.84. Following the transaction, the chief executive officer now owns 484,189 shares of the company's stock, valued at approximately $59,569,772.67. This represents a 4.62 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Alan M. Bennett sold 8,000 shares of the firm's stock in a transaction 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. Insiders own 0.13% of the company's stock.

Hedge Funds Weigh In On TJX Companies

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Bogart Wealth LLC bought a new position in TJX Companies during the fourth quarter valued at about $25,000. Trivant Custom Portfolio Group LLC acquired a new stake in TJX Companies in the 4th quarter valued at about $26,000. Legacy Investment Solutions LLC bought a new position in shares of TJX Companies during the 3rd quarter valued at about $30,000. SOA Wealth Advisors LLC. acquired a new position in shares of TJX Companies in the 4th quarter worth approximately $30,000. Finally, Millstone Evans Group LLC bought a new stake in shares of TJX Companies in the 4th quarter worth approximately $30,000. 91.09% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

TJX has been the topic of a number of recent research reports. Citigroup upgraded shares of TJX Companies from a "neutral" rating to a "buy" rating and raised their price target for the stock from $128.00 to $140.00 in a research report on Thursday, April 3rd. Morgan Stanley lifted their target price on TJX Companies from $130.00 to $135.00 and gave the company an "overweight" rating in a research note on Tuesday, January 21st. Barclays increased their price target on TJX Companies from $136.00 to $137.00 and gave the stock an "overweight" rating in a research report on Thursday, February 27th. Robert W. Baird boosted their price objective on TJX Companies from $138.00 to $140.00 and gave the company an "outperform" rating in a research report on Thursday, February 27th. Finally, Wells Fargo & Company upped their price objective on TJX Companies from $115.00 to $120.00 and gave the stock an "equal weight" rating in a research note on Friday, January 10th. Two equities research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $135.76.

Check Out Our Latest Report on TJX Companies

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.

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