TJX Companies, Inc. (NYSE:TJX) shares edged 0.51% higher, reaching $127.20, on Thursday after the bell.

In the regular session, the Massachusetts-based off-price retailer of clothing and home fashion products closed at $126.55, up 3.02%, according to Benzinga Pro data.

New Director

On Thursday, TJX announced that its Board of Directors elected Craig A. Pintoff, effective Wednesday.

Pintoff served as Executive Vice President and Chief Administrative Officer at equipment rental company United Rentals, Inc. (NYSE:URI), where he leads human resources, legal, safety and environmental functions.

He joined United Rentals in 2003.

Executive Chairman Carol Meyrowitz said Pintoff’s experience in human capital management, risk oversight, regulatory compliance and international operations would bring “valued insight” to the board.

A related Securities and Exchange Commission filing on Thursday showed Pintoff received two deferred stock unit awards, each valued at $105,000, under TJX’s Stock Incentive Plan, prorated based on the number of days between his election and the company’s next annual meeting.

Dividend Payout

On Wednesday, TJX also declared a quarterly dividend of $0.48 per share, payable Dec. 3, to shareholders of record as of Nov. 12.

Trading Metrics, Technical Analysis

TJX Companies has a market capitalization of $139.20 billion, a 52-week high of $170 and a 52-week low of $122.78.

The Relative Strength Index (RSI) of TJX stands at 28.99.

The large-cap stock has fallen 9.56% over the past 12 months.

TJX is currently trading at just 8% above its 52-week low, putting it near the bottom of its 52-week range.

With a Quality score of 94.43, Benzinga’s Edge Stock Rankings indicate that TJX Companies stock has a negative price trend across all time frames.

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

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