Stock Yards Bank & Trust Co. Has $5.35 Million Stake in The TJX Companies, Inc. $TJX

Stock Yards Bank & Trust Co. grew its position in The TJX Companies, Inc. (NYSE:TJX) by 4.0% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 43,306 shares of the apparel and home fashions retailer’s stock after purchasing an additional 1,677 shares during the quarter. Stock Yards Bank & Trust Co.’s holdings in TJX Companies were worth $5,348,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. TCTC Holdings LLC raised its position in shares of TJX Companies by 210.1% in the 1st quarter. TCTC Holdings LLC now owns 214 shares of the apparel and home fashions retailer’s stock valued at $26,000 after buying an additional 145 shares in the last quarter. Atlantic Edge Private Wealth Management LLC raised its position in shares of TJX Companies by 58.8% in the 1st quarter. Atlantic Edge Private Wealth Management LLC now owns 297 shares of the apparel and home fashions retailer’s stock valued at $36,000 after buying an additional 110 shares in the last quarter. Iron Horse Wealth Management LLC raised its position in shares of TJX Companies by 99.3% in the 1st quarter. Iron Horse Wealth Management LLC now owns 299 shares of the apparel and home fashions retailer’s stock valued at $36,000 after buying an additional 149 shares in the last quarter. Inlight Wealth Management LLC acquired a new position in shares of TJX Companies in the 1st quarter valued at approximately $37,000. Finally, Activest Wealth Management raised its position in shares of TJX Companies by 4,485.7% in the 1st quarter. Activest Wealth Management now owns 321 shares of the apparel and home fashions retailer’s stock valued at $39,000 after buying an additional 314 shares in the last quarter. 91.09% of the stock is currently owned by institutional investors and hedge funds.

TJX Companies Trading Down 0.8%

TJX opened at $141.30 on Friday. The TJX Companies, Inc. has a fifty-two week low of $111.22 and a fifty-two week 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. The firm has a market capitalization of $157.26 billion, a price-to-earnings ratio of 32.19, a PEG ratio of 3.21 and a beta of 0.92. The company’s 50 day moving average price is $136.51 and its two-hundred day moving average price is $129.30.

TJX Companies (NYSE:TJX) last posted its earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share for the quarter, topping 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 for the quarter, compared to analyst estimates of $14.12 billion. During the same period in the previous year, the firm posted $0.96 EPS. The company’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. As a group, research analysts predict that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 4th. Shareholders of record on Thursday, November 13th will be issued 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 of this dividend is Thursday, November 13th. TJX Companies’s payout ratio is presently 38.72%.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on TJX shares. Citigroup boosted their target price on shares of TJX Companies from $140.00 to $160.00 and gave the company a “buy” rating in a research report on Thursday, August 21st. UBS Group upped their price objective on shares of TJX Companies from $164.00 to $172.00 and gave the stock a “buy” rating in a research report on Thursday, August 21st. Daiwa America upgraded shares of TJX Companies to a “strong-buy” rating in a research report on Tuesday, July 8th. Evercore ISI upped their price objective on shares of TJX Companies from $150.00 to $162.00 and gave the stock an “outperform” rating in a research report on Thursday, August 21st. Finally, Telsey Advisory Group reiterated an “outperform” rating and set a $155.00 price objective (up from $150.00) on shares of TJX Companies in a research report on Wednesday, August 20th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus 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.