Advisory Alpha LLC increased its position in shares of The TJX Companies, Inc. (NYSE:TJX – Free Report) by 26.2% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 5,613 shares of the apparel and home fashions retailer’s stock after buying an additional 1,167 shares during the period. Advisory Alpha LLC’s holdings in TJX Companies were worth $684,000 as of its most recent SEC filing.
Other institutional investors have also recently added to or reduced their stakes in the company. TCTC Holdings LLC lifted its holdings in 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 worth $26,000 after buying an additional 145 shares in the last quarter. Atlantic Edge Private Wealth Management LLC grew its stake in TJX Companies by 58.8% during 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 purchasing an additional 110 shares in the last quarter. Iron Horse Wealth Management LLC grew its stake in 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 acquired a new stake in TJX Companies during the 1st quarter valued at approximately $37,000. Finally, Activest Wealth Management raised its holdings in TJX Companies by 4,485.7% in the first quarter. Activest Wealth Management now owns 321 shares of the apparel and home fashions retailer’s stock valued at $39,000 after acquiring an additional 314 shares in the last quarter. Institutional investors and hedge funds own 91.09% of the company’s stock.
Analysts Set New Price Targets
Several analysts recently issued reports on the stock. JPMorgan Chase & Co. upped their price target on shares of TJX Companies from $145.00 to $148.00 and gave the company an “overweight” rating in a report on Thursday, August 21st. UBS Group upped 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. Daiwa America raised shares of TJX Companies to a “strong-buy” rating in a report on Tuesday, July 8th. Barclays upped their price target on shares of TJX Companies from $147.00 to $155.00 and gave the company an “overweight” rating in a report on Thursday, August 21st. Finally, Erste Group Bank assumed coverage on shares of TJX Companies in a report on Friday, September 5th. They issued a “buy” rating on the stock. One research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $147.58.
TJX Companies Stock Down 0.6%
Shares of NYSE:TJX opened at $139.95 on Wednesday. The stock has a market capitalization of $155.76 billion, a price-to-earnings ratio of 31.88, a price-to-earnings-growth ratio of 3.17 and a beta of 0.90. The TJX Companies, Inc. has a 1-year low of $111.22 and a 1-year high of $145.58. The company’s fifty day moving average is $130.53 and its two-hundred day moving average is $126.65. 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 – Get Free Report) last released its quarterly 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. The business had revenue of $14.40 billion during the quarter, compared to analyst estimates of $14.12 billion. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. 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 earned $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. Equities analysts anticipate that The TJX Companies, Inc. will post 4.18 EPS for the current year.
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.
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