Darden Wealth Group Inc Has $211,000 Position in The TJX Companies, Inc. $TJX

Darden Wealth Group Inc trimmed its holdings in The TJX Companies, Inc. (NYSE:TJX) by 15.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,705 shares of the apparel and home fashions retailer’s stock after selling 300 shares during the quarter. Darden Wealth Group Inc’s holdings in TJX Companies were worth $211,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. TCTC Holdings LLC increased its holdings in TJX Companies by 210.1% in the first quarter. TCTC Holdings LLC now owns 214 shares of the apparel and home fashions retailer’s stock worth $26,000 after purchasing an additional 145 shares in the last quarter. Princeton Global Asset Management LLC bought a new stake in shares of TJX Companies in the 2nd quarter valued at $28,000. Atlantic Edge Private Wealth Management LLC lifted its position in shares of 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 acquiring an additional 110 shares during the period. Iron Horse Wealth Management LLC boosted its stake in TJX Companies by 99.3% during the first quarter. Iron Horse Wealth Management LLC now owns 299 shares of the apparel and home fashions retailer’s stock worth $36,000 after acquiring an additional 149 shares in the last quarter. Finally, Activest Wealth Management grew 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 worth $39,000 after purchasing an additional 314 shares during the period. Institutional investors own 91.09% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the stock. Wells Fargo & Company upped their price objective on shares of TJX Companies from $120.00 to $130.00 and gave the company an “equal weight” rating in a report on Thursday, August 21st. Robert W. Baird boosted 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. Weiss Ratings reiterated a “buy (b+)” rating on shares of TJX Companies in a report on Friday. Daiwa America raised TJX Companies to a “strong-buy” rating in a research note on Tuesday, July 8th. Finally, Erste Group Bank initiated coverage on TJX Companies in a research report on Friday, September 5th. They set a “buy” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of $148.50.

TJX Companies Stock Performance

Shares of TJX Companies stock opened at $141.90 on Friday. The TJX Companies, Inc. has a 52 week low of $111.73 and a 52 week high of $146.46. The company has a quick ratio of 0.52, a current ratio of 1.17 and a debt-to-equity ratio of 0.32. The business has a 50 day moving average price of $140.31 and a 200-day moving average price of $131.68. The company has a market cap of $157.92 billion, a PE ratio of 32.32, a price-to-earnings-growth ratio of 3.15 and a beta of 0.92.

TJX Companies (NYSE:TJX) last announced its quarterly earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share (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 the consensus estimate of $14.12 billion. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.TJX Companies’s revenue was up 6.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $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 earnings per share for the current fiscal year.

TJX Companies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 4th. Stockholders of record on Thursday, November 13th will be issued 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 currently 38.72%.

About TJX Companies

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.