MTM Investment Management LLC Purchases 1,815 Shares of The TJX Companies, Inc. $TJX

MTM Investment Management LLC lifted its position in The TJX Companies, Inc. (NYSE:TJX) by 10.5% in the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 19,077 shares of the apparel and home fashions retailer’s stock after acquiring an additional 1,815 shares during the period. TJX Companies accounts for about 0.8% of MTM Investment Management LLC’s investment portfolio, making the stock its 29th largest holding. MTM Investment Management LLC’s holdings in TJX Companies were worth $2,356,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the company. Ignite Planners LLC lifted its position in 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 buying an additional 77 shares during the period. Revolve Wealth Partners LLC increased 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 acquiring an additional 79 shares in the last quarter. Roble Belko & Company Inc lifted its position in TJX Companies by 0.3% during the 2nd quarter. Roble Belko & Company Inc now owns 31,478 shares of the apparel and home fashions retailer’s stock valued at $3,887,000 after acquiring an additional 82 shares during the period. Knuff & Co LLC boosted its stake in TJX Companies by 8.5% during the first quarter. Knuff & Co LLC now owns 1,056 shares of the apparel and home fashions retailer’s stock worth $129,000 after acquiring an additional 83 shares in the last quarter. Finally, 3Chopt Investment Partners LLC grew its holdings in TJX Companies by 1.6% in the second quarter. 3Chopt Investment Partners LLC now owns 5,239 shares of the apparel and home fashions retailer’s stock worth $647,000 after purchasing an additional 83 shares during the period. 91.09% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on TJX. Erste Group Bank assumed coverage on TJX Companies in a research report on Friday, September 5th. They issued a “buy” rating on the stock. Telsey Advisory Group reissued an “outperform” rating and issued a $155.00 target price on shares of TJX Companies in a research note on Wednesday. Weiss Ratings reaffirmed a “buy (b+)” rating on shares of TJX Companies in a research report on Wednesday, October 8th. Bank of America upped their price target on shares of TJX Companies from $145.00 to $150.00 and gave the stock a “buy” rating in a research note on Thursday, August 21st. Finally, Sanford C. Bernstein raised their price objective on shares of TJX Companies from $145.00 to $152.00 and gave the company an “outperform” rating in a research note on Thursday, August 21st. One analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, TJX Companies currently has an average rating of “Buy” and a consensus price target of $151.75.

TJX Companies Stock Down 0.2%

TJX opened at $146.05 on Friday. The stock has a market capitalization of $162.55 billion, a price-to-earnings ratio of 33.27, a PEG ratio of 3.14 and a beta of 0.90. The firm has a 50 day moving average price of $142.33 and a 200-day moving average price of $133.48. The TJX Companies, Inc. has a twelve month low of $112.10 and a twelve month high of $148.11. 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 posted 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 business had revenue of $14.40 billion during the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same quarter in the previous year, the firm posted $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. Equities research analysts forecast that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 4th. Investors of record on Thursday, November 13th will be given a dividend of $0.425 per share. 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 is 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.