Atria Investments Inc decreased its holdings in shares of The TJX Companies, Inc. (NYSE:TJX – Free Report) by 2.0% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 136,275 shares of the apparel and home fashions retailer’s stock after selling 2,765 shares during the period. Atria Investments Inc’s holdings in TJX Companies were worth $16,829,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Pinnacle Financial Partners Inc increased its stake in TJX Companies by 2.2% in the first quarter. Pinnacle Financial Partners Inc now owns 387,342 shares of the apparel and home fashions retailer’s stock valued at $46,989,000 after acquiring an additional 8,319 shares during the last quarter. FCG Investment Co purchased a new position in shares of TJX Companies in the 1st quarter worth about $2,620,000. MinichMacGregor Wealth Management LLC purchased a new position in shares of TJX Companies in the 2nd quarter worth about $5,045,000. Mainstream Capital Management LLC increased its position in shares of TJX Companies by 4.3% during the 1st quarter. Mainstream Capital Management LLC now owns 12,450 shares of the apparel and home fashions retailer’s stock valued at $1,516,000 after purchasing an additional 515 shares during the last quarter. Finally, Parr Mcknight Wealth Management Group LLC raised its holdings in shares of TJX Companies by 12.6% during the 1st quarter. Parr Mcknight Wealth Management Group LLC now owns 40,840 shares of the apparel and home fashions retailer’s stock valued at $4,974,000 after buying an additional 4,579 shares in the last quarter. Hedge funds and other institutional investors own 91.09% of the company’s stock.
Analyst Ratings Changes
TJX has been the topic of a number of recent research reports. Telsey Advisory Group reiterated an “outperform” rating and set a $155.00 price target (up from $150.00) on shares of TJX Companies in a research report on Wednesday, August 20th. Citigroup boosted their price target on shares of TJX Companies from $140.00 to $160.00 and gave the stock a “buy” rating in a research note on Thursday, August 21st. Barclays raised their price objective on TJX Companies from $147.00 to $155.00 and gave the company an “overweight” rating in a research note on Thursday, August 21st. Wall Street Zen upgraded TJX Companies from a “hold” rating to a “buy” rating in a report on Saturday, August 23rd. Finally, JPMorgan Chase & Co. boosted their price objective on TJX Companies from $148.00 to $149.00 and gave the company an “overweight” rating in a research report on Monday, October 6th. One research analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $149.00.
TJX Companies Trading Down 1.7%
NYSE TJX opened at $141.61 on Thursday. The stock has a market cap of $157.61 billion, a P/E ratio of 32.26, a price-to-earnings-growth ratio of 3.19 and a beta of 0.92. The TJX Companies, Inc. has a fifty-two week low of $111.73 and a fifty-two week high of $146.46. The stock has a 50 day simple moving average of $140.77 and a two-hundred day simple moving average of $132.04. 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 announced 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 company had revenue of $14.40 billion during the quarter, compared to the consensus estimate of $14.12 billion. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.The firm’s revenue for the quarter was up 6.9% on a year-over-year basis. During the same quarter in the prior year, the company 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. On average, analysts forecast that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.
TJX Companies Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Thursday, December 4th. Stockholders of record on Thursday, November 13th will be paid a dividend of $0.425 per share. The ex-dividend date of this dividend is Thursday, November 13th. This represents a $1.70 dividend on an annualized basis and a dividend yield of 1.2%. TJX Companies’s payout ratio is presently 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.
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