MGO One Seven LLC Acquires 6,881 Shares of The TJX Companies, Inc. $TJX

MGO One Seven LLC lifted its position in The TJX Companies, Inc. (NYSE:TJX) by 15.3% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 51,987 shares of the apparel and home fashions retailer’s stock after purchasing an additional 6,881 shares during the period. MGO One Seven LLC’s holdings in TJX Companies were worth $6,420,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. TCTC Holdings LLC boosted its stake in shares of TJX Companies by 210.1% during the 1st quarter. TCTC Holdings LLC now owns 214 shares of the apparel and home fashions retailer’s stock valued at $26,000 after purchasing an additional 145 shares in the last quarter. Atlantic Edge Private Wealth Management LLC lifted its position in 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 acquiring an additional 110 shares in the last quarter. Iron Horse Wealth Management LLC lifted its holdings in shares of TJX Companies by 99.3% during the first quarter. Iron Horse Wealth Management LLC now owns 299 shares of the apparel and home fashions retailer’s stock valued at $36,000 after purchasing an additional 149 shares in the last quarter. Inlight Wealth Management LLC bought a new position in shares of TJX Companies during the 1st quarter valued at $37,000. Finally, Activest Wealth Management lifted its holdings in shares of TJX Companies by 4,485.7% during 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 during the period. 91.09% of the stock is owned by institutional investors.

TJX Companies Trading Up 1.3%

TJX opened at $140.38 on Monday. The stock has a market cap of $156.23 billion, a price-to-earnings ratio of 31.98, a P/E/G ratio of 3.12 and a beta of 0.92. The stock’s 50 day moving average price is $138.07 and its 200-day moving average price is $130.24. The TJX Companies, Inc. has a one year low of $111.73 and a one year high of $145.58. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.52 and a current ratio of 1.17.

TJX Companies (NYSE:TJX) last released its 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. The firm had revenue of $14.40 billion for the quarter, compared to analysts’ expectations of $14.12 billion. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.The company’s quarterly revenue was up 6.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.96 earnings per share. 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 forecast that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Announces Dividend

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 annualized dividend and a yield of 1.2%. The ex-dividend date is Thursday, November 13th. TJX Companies’s dividend payout ratio is presently 38.72%.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on TJX. UBS Group increased their price objective on shares of TJX Companies from $164.00 to $172.00 and gave the stock a “buy” rating in a research note on Thursday, August 21st. Telsey Advisory Group reaffirmed an “outperform” rating and issued a $155.00 price objective (up previously from $150.00) on shares of TJX Companies in a research note on Wednesday, August 20th. JPMorgan Chase & Co. raised their price objective on TJX Companies from $148.00 to $149.00 and gave the stock an “overweight” rating in a research note on Monday, October 6th. Macquarie restated a “buy” rating on shares of TJX Companies in a research note on Monday, August 11th. Finally, Erste Group Bank assumed coverage on shares of TJX Companies in a research note on Friday, September 5th. They set a “buy” rating on the stock. One research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $147.63.

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.