TJX Companies, the parent company of TJ Maxx and Marshalls, has been a roaring success with solid stock performance among apparel retail stocks. The company showed a strong bullish trend with several investment firms increasing their stake- Swiss National Bank, First National Trust Co, Aviso Financial Inc, Atala Financial Inc, Moors & Cabot Inc among others. It crossed a record 5,000+ stores last year, indicating a significant physical retail expansion. Its Q4 results beat expectations, displaying impressive profits and comp store sales up by 5%. Additionally, it intends to buy back $2.0 - $2.5 billion of stock in FY26. The company is highly regarded as an ideal stock for a dividend growth portfolio. However, amidst this thriving state, there have been instances of insider selling while some investment companies like Hilton Capital Management LLC, and Hollencrest Capital Management reduced their holdings. Despite these fluctuations, experts believe that TJX Companies' unique business model will continue to boost earnings.
Tjx Companies TJX News Analytics from Wed, 21 Aug 2024 07:00:00 GMT to Sat, 15 Mar 2025 18:08:24 GMT -
Rating 8
- Innovation 5
- Information 7
- Rumor 6
