Wilmington Savings Fund Society FSB Sells 3,626 Shares of The TJX Companies, Inc. $TJX

Wilmington Savings Fund Society FSB decreased its stake in The TJX Companies, Inc. (NYSE:TJX) by 1.6% during the second quarter, Holdings Channel.com reports. The institutional investor owned 220,267 shares of the apparel and home fashions retailer’s stock after selling 3,626 shares during the quarter. Wilmington Savings Fund Society FSB’s holdings in TJX Companies were worth $27,201,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. TCTC Holdings LLC boosted its stake 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 purchasing an additional 145 shares in the last quarter. Atlantic Edge Private Wealth Management LLC lifted 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 worth $36,000 after purchasing an additional 110 shares during the period. Iron Horse Wealth Management LLC boosted its stake in shares of TJX Companies by 99.3% during 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 purchasing an additional 149 shares in the last quarter. Inlight Wealth Management LLC bought a new position in shares of TJX Companies in the 1st quarter worth 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 worth $39,000 after acquiring an additional 314 shares in the last quarter. Hedge funds and other institutional investors own 91.09% of the company’s stock.

TJX Companies Price Performance

TJX stock opened at $141.38 on Tuesday. The TJX Companies, Inc. has a one year low of $111.73 and a one year high of $145.58. The company’s fifty day moving average price is $138.31 and its 200-day moving average price is $130.40. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.52 and a current ratio of 1.17. The company has a market capitalization of $157.35 billion, a PE ratio of 32.20, a price-to-earnings-growth ratio of 3.12 and a beta of 0.92.

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, topping the consensus estimate 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 the consensus estimate of $14.12 billion. During the same quarter in the previous year, the firm earned $0.96 earnings per share. The company’s quarterly revenue 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. On average, equities analysts anticipate that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Dividend Announcement

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

Wall Street Analyst Weigh In

Several brokerages recently issued reports on TJX. Erste Group Bank began coverage on shares of TJX Companies in a research note on Friday, September 5th. They issued a “buy” rating for the company. Macquarie reaffirmed a “buy” rating on shares of TJX Companies in a report on Monday, August 11th. UBS Group raised their price target on shares of TJX Companies from $164.00 to $172.00 and gave the company a “buy” rating in a report on Thursday, August 21st. Evercore ISI boosted their target price on shares of TJX Companies from $150.00 to $162.00 and gave the company an “outperform” rating in a research report on Thursday, August 21st. Finally, Bank of America boosted their target price on shares of TJX Companies from $145.00 to $150.00 and gave the company a “buy” rating in a research report on Thursday, August 21st. One research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of $147.63.

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.