Forvis Mazars Wealth Advisors LLC Boosts Holdings in The TJX Companies, Inc. $TJX

Forvis Mazars Wealth Advisors LLC boosted its position in The TJX Companies, Inc. (NYSE:TJX) by 4.3% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,412 shares of the apparel and home fashions retailer’s stock after purchasing an additional 141 shares during the quarter. Forvis Mazars Wealth Advisors LLC’s holdings in TJX Companies were worth $421,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. TCTC Holdings LLC lifted its stake 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 purchasing an additional 145 shares in the last quarter. Atlantic Edge Private Wealth Management LLC lifted its stake in TJX Companies by 58.8% in the 1st quarter. Atlantic Edge Private Wealth Management LLC now owns 297 shares of the apparel and home fashions retailer’s stock worth $36,000 after purchasing an additional 110 shares in the last quarter. Iron Horse Wealth Management LLC lifted its stake in TJX Companies by 99.3% in the 1st quarter. Iron Horse Wealth Management LLC now owns 299 shares of the apparel and home fashions retailer’s stock worth $36,000 after purchasing an additional 149 shares in the last quarter. Activest Wealth Management lifted its stake in TJX Companies by 4,485.7% in the 1st 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 in the last quarter. Finally, Maseco LLP purchased a new stake in TJX Companies in the 2nd quarter worth approximately $43,000. 91.09% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts have issued reports on the stock. Robert W. Baird increased their target price on shares of TJX Companies from $143.00 to $152.00 and gave the stock an “outperform” rating in a research note on Thursday, August 21st. Wall Street Zen raised shares of TJX Companies from a “hold” rating to a “buy” rating in a report on Saturday, August 23rd. Daiwa America raised shares of TJX Companies to a “strong-buy” rating in a report on Tuesday, July 8th. Wells Fargo & Company lifted their price objective on shares of TJX Companies from $120.00 to $130.00 and gave the stock an “equal weight” rating in a report on Thursday, August 21st. Finally, Citigroup lifted their price objective on shares of TJX Companies from $140.00 to $160.00 and gave the stock a “buy” rating in a report on Thursday, August 21st. One research 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’s stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $148.50.

TJX Companies Price Performance

Shares of NYSE:TJX opened at $143.32 on Tuesday. The stock has a market cap of $159.50 billion, a PE ratio of 32.65, a PEG ratio of 3.19 and a beta of 0.92. The company’s fifty day moving average is $139.55 and its 200 day moving average is $131.11. 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.

TJX Companies (NYSE:TJX) last issued its earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 EPS for the quarter, topping analysts’ consensus estimates of $1.01 by $0.09. The company had revenue of $14.40 billion for the quarter, compared to analysts’ expectations of $14.12 billion. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. The firm’s revenue was up 6.9% compared to the same quarter last year. During the same quarter last year, the company earned $0.96 EPS. TJX Companies has set its FY 2026 guidance at 4.520-4.570 EPS. Q3 2026 guidance at 1.170-1.190 EPS. 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 announced a quarterly dividend, which will be paid on Thursday, December 4th. Investors of record on Thursday, November 13th will be given a $0.425 dividend. This represents a $1.70 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Thursday, November 13th. TJX Companies’s dividend payout ratio (DPR) 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.