Motley Fool Asset Management LLC Purchases 9,559 Shares of The TJX Companies, Inc. $TJX

Motley Fool Asset Management LLC boosted its stake in The TJX Companies, Inc. (NYSE:TJX) by 15.4% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 71,805 shares of the apparel and home fashions retailer’s stock after purchasing an additional 9,559 shares during the quarter. Motley Fool Asset Management LLC’s holdings in TJX Companies were worth $8,867,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the stock. May Hill Capital LLC increased its stake in TJX Companies by 6.1% in the second quarter. May Hill Capital LLC now owns 1,818 shares of the apparel and home fashions retailer’s stock worth $225,000 after purchasing an additional 105 shares during the period. Logan Capital Management Inc. lifted its position in shares of TJX Companies by 79.3% in the second quarter. Logan Capital Management Inc. now owns 52,911 shares of the apparel and home fashions retailer’s stock valued at $6,534,000 after acquiring an additional 23,395 shares in the last quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd boosted its holdings in TJX Companies by 1.1% in the 2nd quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd now owns 23,896 shares of the apparel and home fashions retailer’s stock valued at $2,951,000 after purchasing an additional 251 shares during the last quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund grew its holdings in shares of TJX Companies by 24.7% during the 2nd quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 351,468 shares of the apparel and home fashions retailer’s stock worth $43,403,000 after purchasing an additional 69,600 shares during the period. Finally, Advisory Alpha LLC raised its position in TJX Companies by 18.8% in the 2nd quarter. Advisory Alpha LLC now owns 6,669 shares of the apparel and home fashions retailer’s stock valued at $824,000 after purchasing an additional 1,056 shares in the last quarter. Hedge funds and other institutional investors own 91.09% of the company’s stock.

Analyst Ratings Changes

TJX has been the topic of several analyst reports. UBS Group lifted their target price on TJX Companies from $164.00 to $172.00 and gave the company a “buy” rating in a research note on Thursday, August 21st. Bank of America raised their price target on TJX Companies from $145.00 to $150.00 and gave the stock a “buy” rating in a research report on Thursday, August 21st. Daiwa Capital Markets began coverage on TJX Companies in a research report on Tuesday, July 8th. They set an “outperform” rating and a $133.00 price target for the company. Morgan Stanley boosted their price objective on TJX Companies from $140.00 to $150.00 and gave the stock an “overweight” rating in a research note on Thursday, August 21st. Finally, Erste Group Bank began coverage on TJX Companies in a research note on Friday, September 5th. They issued a “buy” rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $149.00.

TJX Companies Price Performance

Shares of NYSE:TJX opened at $143.23 on Tuesday. 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 TJX Companies, Inc. has a 1 year low of $111.73 and a 1 year high of $146.46. The business has a fifty day simple moving average of $140.51 and a 200 day simple moving average of $131.83. The firm has a market cap of $159.41 billion, a price-to-earnings ratio of 32.63, a P/E/G ratio of 3.15 and a beta of 0.92.

TJX Companies (NYSE:TJX) last posted its 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 return on equity of 58.63% and a net margin of 8.59%.The company had revenue of $14.40 billion for the quarter, compared to analyst estimates of $14.12 billion. During the same period last year, the company earned $0.96 earnings per share. The business’s revenue was up 6.9% compared to the same quarter last year. TJX Companies has set its FY 2026 guidance at 4.520-4.570 EPS. Q3 2026 guidance at 1.170-1.190 EPS. As a group, sell-side analysts predict that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Announces Dividend

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