FUKOKU MUTUAL LIFE INSURANCE Co Reduces Stock Position in The TJX Companies, Inc. $TJX

FUKOKU MUTUAL LIFE INSURANCE Co reduced its holdings in The TJX Companies, Inc. (NYSE:TJX) by 7.7% during the second quarter, Holdings Channel.com reports. The institutional investor owned 5,628 shares of the apparel and home fashions retailer’s stock after selling 467 shares during the quarter. FUKOKU MUTUAL LIFE INSURANCE Co’s holdings in TJX Companies were worth $695,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Ignite Planners LLC increased its stake in shares of TJX Companies by 3.8% during the second quarter. Ignite Planners LLC now owns 2,130 shares of the apparel and home fashions retailer’s stock valued at $260,000 after purchasing an additional 77 shares in the last quarter. Revolve Wealth Partners LLC grew its stake in shares of TJX Companies by 3.3% in the 2nd quarter. Revolve Wealth Partners LLC now owns 2,453 shares of the apparel and home fashions retailer’s stock worth $303,000 after buying an additional 79 shares during the last quarter. Roble Belko & Company Inc grew its stake in shares of TJX Companies by 0.3% in the 2nd quarter. Roble Belko & Company Inc now owns 31,478 shares of the apparel and home fashions retailer’s stock worth $3,887,000 after buying an additional 82 shares during the last quarter. Knuff & Co LLC increased its position in TJX Companies by 8.5% during the 1st quarter. Knuff & Co LLC now owns 1,056 shares of the apparel and home fashions retailer’s stock valued at $129,000 after buying an additional 83 shares in the last quarter. Finally, 3Chopt Investment Partners LLC raised its stake in TJX Companies by 1.6% during the second quarter. 3Chopt Investment Partners LLC now owns 5,239 shares of the apparel and home fashions retailer’s stock valued at $647,000 after buying an additional 83 shares during the last quarter. 91.09% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

TJX has been the subject of several analyst reports. Sanford C. Bernstein raised their price target on TJX Companies from $152.00 to $155.00 and gave the company an “outperform” rating in a report on Thursday. Robert W. Baird increased their price target on shares of TJX Companies from $143.00 to $152.00 and gave the company an “outperform” rating in a report on Thursday, August 21st. BTIG Research started coverage on shares of TJX Companies in a report on Tuesday, October 14th. They issued a “buy” rating and a $165.00 price objective for the company. Citigroup lifted their target price on TJX Companies from $140.00 to $160.00 and gave the stock a “buy” rating in a report on Thursday, August 21st. Finally, Barclays boosted their price target on TJX Companies from $147.00 to $155.00 and gave the stock an “overweight” rating in a research note on Thursday, August 21st. One investment analyst has rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Buy” and an average target price of $154.48.

TJX Companies Stock Up 0.2%

TJX opened at $145.83 on Thursday. The firm’s 50 day simple moving average is $142.66 and its two-hundred day simple moving average is $133.84. The company has a market capitalization of $162.30 billion, a PE ratio of 33.22, a PEG ratio of 3.14 and a beta of 0.90. The TJX Companies, Inc. has a 1-year low of $112.10 and a 1-year high of $151.00. The company has a current ratio of 1.17, a quick ratio of 0.52 and a debt-to-equity ratio of 0.32.

TJX Companies (NYSE:TJX) last posted its quarterly earnings data on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 EPS for the quarter, topping the consensus estimate of $1.22 by $0.06. The firm had revenue of $15.12 billion during the quarter, compared to analyst estimates of $14.80 billion. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.TJX Companies’s revenue was up 7.5% on a year-over-year basis. During the same period in the prior year, the business posted $1.14 EPS. TJX Companies has set its Q4 2026 guidance at 1.330-1.360 EPS. FY 2026 guidance at 4.630-4.660 EPS. As a group, equities analysts forecast that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 4th. Stockholders of record on Thursday, November 13th will be paid a $0.425 dividend. The ex-dividend date of this dividend is Thursday, November 13th. This represents a $1.70 annualized dividend and a dividend yield of 1.2%. TJX Companies’s dividend payout ratio (DPR) is 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.