Barrett & Company Inc. Buys 433 Shares of The TJX Companies, Inc. $TJX

Barrett & Company Inc. grew its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 585.1% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 507 shares of the apparel and home fashions retailer’s stock after buying an additional 433 shares during the period. Barrett & Company Inc.’s holdings in TJX Companies were worth $63,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC lifted its holdings in shares of TJX Companies by 113.7% during the 4th quarter. Brighton Jones LLC now owns 15,039 shares of the apparel and home fashions retailer’s stock valued at $1,817,000 after purchasing an additional 8,002 shares in the last quarter. Revolve Wealth Partners LLC lifted its holdings in shares of TJX Companies by 12.1% during the 4th quarter. Revolve Wealth Partners LLC now owns 2,172 shares of the apparel and home fashions retailer’s stock valued at $262,000 after purchasing an additional 235 shares in the last quarter. Bison Wealth LLC lifted its holdings in shares of TJX Companies by 32.9% during the 4th quarter. Bison Wealth LLC now owns 3,856 shares of the apparel and home fashions retailer’s stock valued at $466,000 after purchasing an additional 955 shares in the last quarter. RFG Advisory LLC lifted its holdings in shares of TJX Companies by 12.3% during the 1st quarter. RFG Advisory LLC now owns 5,848 shares of the apparel and home fashions retailer’s stock valued at $712,000 after purchasing an additional 641 shares in the last quarter. Finally, Portside Wealth Group LLC lifted its holdings in shares of TJX Companies by 12.9% during the 1st quarter. Portside Wealth Group LLC now owns 2,432 shares of the apparel and home fashions retailer’s stock valued at $294,000 after purchasing an additional 277 shares in the last quarter. Institutional investors own 91.09% of the company’s stock.

TJX Companies Stock Down 0.8%

NYSE:TJX opened at $141.30 on Friday. The firm has a market capitalization of $157.26 billion, a price-to-earnings ratio of 32.19, a price-to-earnings-growth ratio of 3.21 and a beta of 0.92. The TJX Companies, Inc. has a twelve month low of $111.22 and a twelve month high of $145.58. The stock’s 50 day moving average price is $136.51 and its two-hundred day moving average price is $129.30. 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 posted its quarterly earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.09. The firm had revenue of $14.40 billion for the quarter, compared to analyst estimates of $14.12 billion. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.The business’s quarterly revenue was up 6.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.96 EPS. TJX Companies has set its FY 2026 guidance at 4.520-4.570 EPS. Q3 2026 guidance at 1.170-1.190 EPS. Equities research analysts expect that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Dividend Announcement

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

Analyst Upgrades and Downgrades

TJX has been the topic of several recent analyst reports. JPMorgan Chase & Co. lifted their price objective on TJX Companies from $145.00 to $148.00 and gave the company an “overweight” rating in a report on Thursday, August 21st. Barclays lifted their price objective on TJX Companies from $147.00 to $155.00 and gave the company an “overweight” rating in a report on Thursday, August 21st. Robert W. Baird lifted their price objective on TJX Companies from $143.00 to $152.00 and gave the company an “outperform” rating in a report on Thursday, August 21st. Morgan Stanley boosted their target price on TJX Companies from $140.00 to $150.00 and gave the company an “overweight” rating in a research note on Thursday, August 21st. Finally, Erste Group Bank initiated coverage on TJX Companies in a research note on Friday, September 5th. They issued a “buy” rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $147.58.

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.