Atticus Wealth Management LLC Buys 945 Shares of The TJX Companies, Inc. $TJX

Atticus Wealth Management LLC grew its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 675.0% in the 2nd quarter, Holdings Channel reports. The firm owned 1,085 shares of the apparel and home fashions retailer’s stock after acquiring an additional 945 shares during the quarter. Atticus Wealth Management LLC’s holdings in TJX Companies were worth $134,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. Nuveen LLC bought a new stake in shares of TJX Companies during the first quarter valued at approximately $1,330,717,000. GAMMA Investing LLC increased its stake in TJX Companies by 14,486.1% during the 1st quarter. GAMMA Investing LLC now owns 2,912,116 shares of the apparel and home fashions retailer’s stock valued at $354,696,000 after purchasing an additional 2,892,151 shares in the last quarter. Assenagon Asset Management S.A. increased its stake in TJX Companies by 65.8% during the 1st quarter. Assenagon Asset Management S.A. now owns 3,282,351 shares of the apparel and home fashions retailer’s stock valued at $399,790,000 after purchasing an additional 1,302,845 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in TJX Companies during the 4th quarter valued at $136,753,000. Finally, Amundi increased its position in shares of TJX Companies by 10.2% during the first quarter. Amundi now owns 11,888,455 shares of the apparel and home fashions retailer’s stock worth $1,489,305,000 after acquiring an additional 1,104,292 shares in the last quarter. Institutional investors own 91.09% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on TJX shares. Sanford C. Bernstein increased their price objective on TJX Companies from $145.00 to $152.00 and gave the stock an “outperform” rating in a research note on Thursday, August 21st. Daiwa America raised TJX Companies to a “strong-buy” rating in a research report on Tuesday, July 8th. Citigroup increased their price target on TJX Companies from $140.00 to $160.00 and gave the company a “buy” rating in a research report on Thursday, August 21st. Robert W. Baird increased their target price on shares of TJX Companies from $143.00 to $152.00 and gave the company an “outperform” rating in a report on Thursday, August 21st. Finally, Telsey Advisory Group reiterated an “outperform” rating and issued a $155.00 target price (up previously from $150.00) on shares of TJX Companies in a report on Wednesday, August 20th. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, TJX Companies currently has a consensus rating of “Buy” and a consensus target price of $147.58.

TJX Companies Stock Up 0.0%

TJX stock opened at $140.05 on Friday. The stock has a 50-day simple moving average of $132.59 and a two-hundred day simple moving average of $127.43. The TJX Companies, Inc. has a twelve month low of $111.22 and a twelve month high of $145.58. The firm has a market capitalization of $155.87 billion, a PE ratio of 31.90, a PEG ratio of 3.15 and a beta of 0.90. The company has a quick ratio of 0.52, a current ratio of 1.17 and a debt-to-equity ratio of 0.32.

TJX Companies (NYSE:TJX) last released its quarterly earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 EPS for the quarter, beating analysts’ consensus estimates of $1.01 by $0.09. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. The firm had revenue of $14.40 billion during the quarter, compared to analyst estimates of $14.12 billion. During the same period in the previous year, the business earned $0.96 EPS. The business’s revenue for the quarter was up 6.9% on a year-over-year basis. TJX Companies has set its FY 2026 guidance at 4.520-4.570 EPS. Q3 2026 guidance at 1.170-1.190 EPS. On average, equities analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 4th. Shareholders of record on Thursday, November 13th will be given a dividend of $0.425 per share. This represents a $1.70 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Thursday, November 13th. TJX Companies’s dividend payout ratio (DPR) is presently 38.72%.

TJX Companies Company Profile

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.