111 Capital boosted its holdings in The TJX Companies, Inc. (NYSE:TJX – Free Report) by 93.5% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 12,663 shares of the apparel and home fashions retailer’s stock after buying an additional 6,118 shares during the period. 111 Capital’s holdings in TJX Companies were worth $1,564,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Pinnacle Financial Partners Inc increased its holdings in TJX Companies by 2.2% in the first quarter. Pinnacle Financial Partners Inc now owns 387,342 shares of the apparel and home fashions retailer’s stock valued at $46,989,000 after purchasing an additional 8,319 shares during the last quarter. State of Alaska Department of Revenue boosted its stake in TJX Companies by 1.7% during the 1st quarter. State of Alaska Department of Revenue now owns 181,712 shares of the apparel and home fashions retailer’s stock worth $22,132,000 after acquiring an additional 3,125 shares during the last quarter. FCG Investment Co bought a new position in TJX Companies during the 1st quarter worth approximately $2,620,000. MinichMacGregor Wealth Management LLC acquired a new position in TJX Companies during the second quarter valued at approximately $5,045,000. Finally, Mainstream Capital Management LLC increased its stake in TJX Companies by 4.3% in the first quarter. Mainstream Capital Management LLC now owns 12,450 shares of the apparel and home fashions retailer’s stock valued at $1,516,000 after purchasing an additional 515 shares in the last quarter. 91.09% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
A number of equities analysts have recently weighed in on TJX shares. Barclays lifted their price target on shares of TJX Companies from $147.00 to $155.00 and gave the stock an “overweight” rating in a research report on Thursday, August 21st. Erste Group Bank assumed coverage on TJX Companies in a report on Friday, September 5th. They set a “buy” rating on the stock. Wall Street Zen upgraded TJX Companies from a “hold” rating to a “buy” rating in a report on Saturday, August 23rd. Telsey Advisory Group reaffirmed an “outperform” rating and set a $155.00 price target (up previously from $150.00) on shares of TJX Companies in a research report on Wednesday, August 20th. Finally, UBS Group boosted their price objective on TJX Companies from $164.00 to $172.00 and gave the company a “buy” rating in a research report on Thursday, August 21st. One analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $147.58.
TJX Companies Stock Performance
TJX opened at $141.30 on Friday. The company has a market capitalization of $157.26 billion, a price-to-earnings ratio of 32.19, a P/E/G ratio of 3.21 and a beta of 0.92. The business’s 50-day moving average price is $136.51 and its two-hundred day moving average price is $129.30. The TJX Companies, Inc. has a 1 year low of $111.22 and a 1 year high of $145.58. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.17 and a quick ratio of 0.52.
TJX Companies (NYSE:TJX – Get Free Report) last posted its quarterly earnings data 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. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.The company had revenue of $14.40 billion during the quarter, compared to analysts’ expectations of $14.12 billion. During the same period in the prior year, the firm earned $0.96 earnings per share. TJX Companies’s revenue for the quarter was up 6.9% compared to the same quarter last year. TJX Companies has set its FY 2026 guidance at 4.520-4.570 EPS. Q3 2026 guidance at 1.170-1.190 EPS. Equities analysts expect that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.
TJX Companies Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 4th. Stockholders of record on Thursday, November 13th will be issued a $0.425 dividend. The ex-dividend date is Thursday, November 13th. This represents a $1.70 dividend on an annualized basis and a dividend yield of 1.2%. TJX Companies’s dividend payout ratio (DPR) is 38.72%.
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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