Wealthspire Advisors LLC Reduces Holdings in The TJX Companies, Inc. $TJX

Wealthspire Advisors LLC lessened its holdings in The TJX Companies, Inc. (NYSE:TJX) by 2.3% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 26,706 shares of the apparel and home fashions retailer’s stock after selling 616 shares during the period. Wealthspire Advisors LLC’s holdings in TJX Companies were worth $3,298,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of TJX. Vanguard Group Inc. lifted its stake in TJX Companies by 0.7% in the 2nd quarter. Vanguard Group Inc. now owns 101,141,056 shares of the apparel and home fashions retailer’s stock valued at $12,489,909,000 after buying an additional 727,292 shares in the last quarter. Geode Capital Management LLC increased its position in TJX Companies by 1.2% during the second quarter. Geode Capital Management LLC now owns 26,070,916 shares of the apparel and home fashions retailer’s stock worth $3,205,927,000 after buying an additional 301,127 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in shares of TJX Companies by 0.3% in the first quarter. Ameriprise Financial Inc. now owns 13,068,312 shares of the apparel and home fashions retailer’s stock worth $1,591,758,000 after acquiring an additional 35,800 shares during the last quarter. Amundi raised its holdings in shares of TJX Companies by 10.2% in the first quarter. Amundi now owns 11,888,455 shares of the apparel and home fashions retailer’s stock worth $1,489,305,000 after acquiring an additional 1,104,292 shares during the last quarter. Finally, Nuveen LLC purchased a new stake in shares of TJX Companies in the first quarter valued at $1,330,717,000. 91.09% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts recently commented on the company. Evercore ISI lifted their price objective on TJX Companies from $162.00 to $165.00 and gave the stock an “outperform” rating in a research report on Thursday. BTIG Research assumed coverage on shares of TJX Companies in a research note on Tuesday, October 14th. They set a “buy” rating and a $165.00 price target on the stock. Wall Street Zen raised shares of TJX Companies from a “hold” rating to a “buy” rating in a research report on Saturday, August 23rd. Sanford C. Bernstein upped their price objective on shares of TJX Companies from $152.00 to $155.00 and gave the company an “outperform” rating in a research note on Thursday. Finally, The Goldman Sachs Group raised their target price on shares of TJX Companies from $163.00 to $170.00 and gave the stock a “buy” rating in a research report on Thursday. One analyst has rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $154.86.

TJX Companies Price Performance

Shares of TJX Companies stock opened at $145.83 on Thursday. The business’s fifty day moving average price is $142.66 and its 200 day moving average price is $133.84. The TJX Companies, Inc. has a twelve month low of $112.10 and a twelve month high of $151.00. The company has a current ratio of 1.17, a quick ratio of 0.52 and a debt-to-equity ratio of 0.32. The stock has a market capitalization of $162.30 billion, a P/E ratio of 33.22, a PEG ratio of 3.14 and a beta of 0.90.

TJX Companies (NYSE:TJX) last announced its quarterly earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 EPS for the quarter, topping the consensus estimate of $1.22 by $0.06. The company had revenue of $15.12 billion during the quarter, compared to analyst estimates of $14.80 billion. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.The firm’s revenue was up 7.5% on a year-over-year basis. During the same period in the prior year, the firm posted $1.14 earnings per share. 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, research analysts anticipate that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 4th. Shareholders of record on Thursday, November 13th will be given 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 38.72%.

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.