Carlton Hofferkamp & Jenks Wealth Management LLC Sells 702 Shares of The TJX Companies, Inc. $TJX

Carlton Hofferkamp & Jenks Wealth Management LLC reduced its stake in The TJX Companies, Inc. (NYSE:TJX) by 2.0% during the 2nd quarter, HoldingsChannel reports. The fund owned 34,873 shares of the apparel and home fashions retailer’s stock after selling 702 shares during the quarter. TJX Companies comprises 1.6% of Carlton Hofferkamp & Jenks Wealth Management LLC’s investment portfolio, making the stock its 15th largest position. Carlton Hofferkamp & Jenks Wealth Management LLC’s holdings in TJX Companies were worth $4,387,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of TJX. Vanguard Group Inc. raised its holdings in shares of TJX Companies by 1.1% in the first quarter. Vanguard Group Inc. now owns 100,413,764 shares of the apparel and home fashions retailer’s stock valued at $12,230,396,000 after purchasing an additional 1,099,129 shares during the last quarter. Ameriprise Financial Inc. increased its stake in TJX Companies by 0.3% in the 1st quarter. Ameriprise Financial Inc. now owns 13,068,312 shares of the apparel and home fashions retailer’s stock valued at $1,591,758,000 after buying an additional 35,800 shares during the last quarter. Amundi lifted its position in TJX Companies by 10.2% during the 1st quarter. Amundi now owns 11,888,455 shares of the apparel and home fashions retailer’s stock worth $1,489,305,000 after buying an additional 1,104,292 shares in the last quarter. Nuveen LLC bought a new stake in TJX Companies during the 1st quarter worth about $1,330,717,000. Finally, Invesco Ltd. boosted its stake in shares of TJX Companies by 2.8% during the 1st quarter. Invesco Ltd. now owns 9,000,600 shares of the apparel and home fashions retailer’s stock worth $1,096,273,000 after buying an additional 247,579 shares during the last quarter. 91.09% of the stock is currently owned by institutional investors.

TJX Companies Price Performance

Shares of TJX opened at $141.90 on Friday. The company’s 50-day moving average is $140.31 and its 200-day moving average is $131.60. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.17 and a quick ratio of 0.52. The firm has a market capitalization of $157.92 billion, a PE ratio of 32.32, a PEG ratio of 3.16 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.

TJX Companies (NYSE:TJX) last released its quarterly earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share for the quarter, beating 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 analysts’ expectations of $14.12 billion. During the same period in the prior year, the firm earned $0.96 EPS. The business’s revenue was up 6.9% on a year-over-year basis. 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 forecast that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Announces Dividend

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

Analyst Upgrades and Downgrades

TJX has been the topic of a number of recent research reports. Robert W. Baird lifted their target price on TJX Companies from $143.00 to $152.00 and gave the company an “outperform” rating in a research report on Thursday, August 21st. UBS Group boosted their price target on TJX Companies from $164.00 to $172.00 and gave the stock a “buy” rating in a research report on Thursday, August 21st. Bank of America increased their price objective on TJX Companies from $145.00 to $150.00 and gave the company a “buy” rating in a report on Thursday, August 21st. Citigroup increased their price target on shares of TJX Companies from $140.00 to $160.00 and gave the company a “buy” rating in a research note on Thursday, August 21st. Finally, Daiwa Capital Markets initiated coverage on shares of TJX Companies in a research note on Tuesday, July 8th. They set an “outperform” rating and a $133.00 price objective on the stock. One analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of $148.50.

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.