GDS Wealth Management Buys 1,991 Shares of The TJX Companies, Inc. $TJX

GDS Wealth Management raised its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 1.5% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 135,320 shares of the apparel and home fashions retailer’s stock after buying an additional 1,991 shares during the period. GDS Wealth Management’s holdings in TJX Companies were worth $16,711,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. TCTC Holdings LLC increased its position in TJX Companies by 210.1% during the first quarter. TCTC Holdings LLC now owns 214 shares of the apparel and home fashions retailer’s stock valued at $26,000 after acquiring an additional 145 shares during the last quarter. Princeton Global Asset Management LLC purchased a new position in TJX Companies in the second quarter worth about $28,000. Legacy Investment Solutions LLC bought a new stake in shares of TJX Companies during the 2nd quarter valued at about $32,000. True Wealth Design LLC increased its position in shares of TJX Companies by 121.1% during the 2nd quarter. True Wealth Design LLC now owns 272 shares of the apparel and home fashions retailer’s stock valued at $34,000 after purchasing an additional 149 shares during the last quarter. Finally, Activest Wealth Management lifted its stake 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 purchasing an additional 314 shares during the period. 91.09% of the stock is currently owned by hedge funds and other institutional investors.

TJX Companies Stock Performance

TJX opened at $145.83 on Thursday. 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 stock has a market capitalization of $162.30 billion, a price-to-earnings ratio of 33.22, a PEG ratio of 3.14 and a beta of 0.90. The company has a fifty day moving average of $142.66 and a 200 day moving average of $133.84. The TJX Companies, Inc. has a fifty-two week low of $112.10 and a fifty-two week high of $151.00.

TJX Companies (NYSE:TJX) last issued its quarterly earnings data on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 earnings per share for the quarter, beating analysts’ consensus estimates of $1.22 by $0.06. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.The firm had revenue of $15.12 billion during the quarter, compared to analyst estimates of $14.80 billion. During the same quarter last year, the business posted $1.14 earnings per share. The business’s quarterly revenue was up 7.5% compared to the same quarter last year. TJX Companies has set its Q4 2026 guidance at 1.330-1.360 EPS. FY 2026 guidance at 4.630-4.660 EPS. As a group, sell-side analysts forecast that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Announces Dividend

The company 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 dividend of $0.425 per share. This represents a $1.70 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Thursday, November 13th. TJX Companies’s dividend payout ratio is 38.72%.

Wall Street Analyst Weigh In

TJX has been the subject of several recent research reports. Morgan Stanley boosted their target price on shares of TJX Companies from $140.00 to $150.00 and gave the company an “overweight” rating in a research report on Thursday, August 21st. BTIG Research started coverage on TJX Companies in a research report on Tuesday, October 14th. They set a “buy” rating and a $165.00 price objective on the stock. Citigroup increased their target price on shares of TJX Companies from $140.00 to $160.00 and gave the stock a “buy” rating in a report on Thursday, August 21st. Evercore ISI raised their target price on shares of TJX Companies from $162.00 to $165.00 and gave the stock an “outperform” rating in a research note on Thursday. Finally, Macquarie reiterated a “buy” rating on shares of TJX Companies in a research report on Monday, August 11th. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $152.95.

TJX Companies 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.