Norden Group LLC Purchases 615 Shares of The TJX Companies, Inc. $TJX

Norden Group LLC lifted its position in The TJX Companies, Inc. (NYSE:TJX) by 17.7% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,093 shares of the apparel and home fashions retailer’s stock after buying an additional 615 shares during the quarter. Norden Group LLC’s holdings in TJX Companies were worth $505,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in the business. Brighton Jones LLC grew its position in TJX Companies by 113.7% in the 4th 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 position in shares of TJX Companies by 12.1% during the fourth quarter. Revolve Wealth Partners LLC now owns 2,172 shares of the apparel and home fashions retailer’s stock valued at $262,000 after purchasing an additional 235 shares during the period. Bison Wealth LLC raised its stake in shares of TJX Companies by 32.9% in the fourth quarter. Bison Wealth LLC now owns 3,856 shares of the apparel and home fashions retailer’s stock valued at $466,000 after purchasing an additional 955 shares in the last quarter. Wood Tarver Financial Group LLC bought a new position in TJX Companies in the fourth quarter worth $67,000. Finally, Wealthedge Investment Advisors LLC bought a new position in TJX Companies in the fourth quarter worth $272,000. Institutional investors and hedge funds own 91.09% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on TJX shares. Daiwa Capital Markets initiated coverage on TJX Companies in a report on Tuesday, July 8th. They set an “outperform” rating and a $133.00 price objective on the stock. Daiwa America upgraded TJX Companies to a “strong-buy” rating in a research report on Tuesday, July 8th. Wells Fargo & Company boosted their price target on TJX Companies from $120.00 to $130.00 and gave the company an “equal weight” rating in a research note on Thursday, August 21st. Wall Street Zen upgraded TJX Companies from a “hold” rating to a “buy” rating in a research note on Saturday, August 23rd. Finally, Evercore ISI lifted their price objective on TJX Companies from $150.00 to $162.00 and gave the company an “outperform” rating in a report on Thursday, August 21st. One analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $147.58.

TJX Companies Stock Up 0.7%

Shares of NYSE TJX opened at $141.46 on Friday. The TJX Companies, Inc. has a 12-month low of $111.22 and a 12-month high of $145.58. The firm’s 50-day simple moving average is $134.36 and its 200 day simple moving average is $128.11. The company has a quick ratio of 0.52, a current ratio of 1.17 and a debt-to-equity ratio of 0.32. The company has a market cap of $157.43 billion, a price-to-earnings ratio of 32.22, a price-to-earnings-growth ratio of 3.16 and a beta of 0.90.

TJX Companies (NYSE:TJX) last announced its earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share for the quarter, topping analysts’ consensus estimates of $1.01 by $0.09. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. The company had revenue of $14.40 billion during the quarter, compared to the consensus estimate of $14.12 billion. During the same period in the previous year, the firm posted $0.96 earnings per share. The company’s revenue was up 6.9% on a year-over-year basis. TJX Companies has set its FY 2026 guidance at 4.520-4.570 EPS. Q3 2026 guidance at 1.170-1.190 EPS. On average, research analysts expect that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Announces Dividend

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 $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.