Journey Strategic Wealth LLC Boosts Stock Position in The TJX Companies, Inc. $TJX

Journey Strategic Wealth LLC lifted its stake in The TJX Companies, Inc. (NYSE:TJX) by 27.4% in the 2nd quarter, Holdings Channel.com reports. The firm owned 12,024 shares of the apparel and home fashions retailer’s stock after purchasing an additional 2,587 shares during the period. Journey Strategic Wealth LLC’s holdings in TJX Companies were worth $1,485,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in TJX. Brighton Jones LLC increased its position in TJX Companies by 113.7% during the fourth quarter. Brighton Jones LLC now owns 15,039 shares of the apparel and home fashions retailer’s stock worth $1,817,000 after purchasing an additional 8,002 shares during the last quarter. Revolve Wealth Partners LLC increased its holdings in shares of TJX Companies by 12.1% during the 4th quarter. Revolve Wealth Partners LLC now owns 2,172 shares of the apparel and home fashions retailer’s stock worth $262,000 after buying an additional 235 shares during the last quarter. Bison Wealth LLC increased its holdings in shares of TJX Companies by 32.9% during the 4th quarter. Bison Wealth LLC now owns 3,856 shares of the apparel and home fashions retailer’s stock worth $466,000 after buying an additional 955 shares during the last quarter. Ignite Planners LLC purchased a new position in TJX Companies in the first quarter worth approximately $262,000. Finally, Wedbush Securities Inc. increased its position in shares of TJX Companies by 14.3% in the 1st quarter. Wedbush Securities Inc. now owns 17,859 shares of the apparel and home fashions retailer’s stock valued at $2,175,000 after purchasing an additional 2,229 shares during the last quarter. 91.09% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. Evercore ISI lifted their price objective on shares of TJX Companies from $162.00 to $165.00 and gave the stock an “outperform” rating in a research report on Thursday. UBS Group upped their price objective on TJX Companies from $172.00 to $181.00 and gave the stock a “buy” rating in a research report on Thursday. TD Cowen increased their price objective on TJX Companies from $162.00 to $167.00 and gave the company a “buy” rating in a report on Thursday. Morgan Stanley restated an “overweight” rating and set a $162.00 target price (up previously from $159.00) on shares of TJX Companies in a research note on Thursday. Finally, Erste Group Bank began coverage on shares of TJX Companies in a research note on Friday, September 5th. They issued a “buy” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $158.90.

TJX Companies Price Performance

TJX stock opened at $148.20 on Friday. The company has a current ratio of 1.17, a quick ratio of 0.52 and a debt-to-equity ratio of 0.32. The company has a market capitalization of $164.94 billion, a P/E ratio of 33.76, a PEG ratio of 3.14 and a beta of 0.90. The business has a 50 day simple moving average of $142.81 and a 200-day simple moving average of $133.94. The TJX Companies, Inc. has a twelve month low of $112.10 and a twelve month high of $151.00.

TJX Companies (NYSE:TJX) last issued its quarterly earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 earnings per share for the quarter, topping analysts’ consensus estimates of $1.22 by $0.06. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. The firm had revenue of $15.12 billion during the quarter, compared to analysts’ expectations of $14.80 billion. During the same quarter in the prior year, the business earned $1.14 EPS. TJX Companies’s quarterly revenue was up 7.5% compared to the same quarter last year. 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 anticipate that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 4th. Shareholders 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 annualized dividend and a yield of 1.1%. TJX Companies’s dividend payout ratio is currently 38.72%.

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.