Pine Haven Investment Counsel Inc Has $1.29 Million Position in The TJX Companies, Inc. $TJX

Pine Haven Investment Counsel Inc lessened its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 2.5% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 10,433 shares of the apparel and home fashions retailer’s stock after selling 270 shares during the period. TJX Companies accounts for about 1.0% of Pine Haven Investment Counsel Inc’s portfolio, making the stock its 26th largest position. Pine Haven Investment Counsel Inc’s holdings in TJX Companies were worth $1,288,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. TCTC Holdings LLC grew its stake in shares of TJX Companies by 210.1% during the first quarter. TCTC Holdings LLC now owns 214 shares of the apparel and home fashions retailer’s stock valued at $26,000 after purchasing an additional 145 shares during the last quarter. Atlantic Edge Private Wealth Management LLC increased its stake in shares of TJX Companies by 58.8% in the 1st quarter. Atlantic Edge Private Wealth Management LLC now owns 297 shares of the apparel and home fashions retailer’s stock valued at $36,000 after buying an additional 110 shares during the period. Iron Horse Wealth Management LLC raised its position in shares of TJX Companies by 99.3% during the first quarter. Iron Horse Wealth Management LLC now owns 299 shares of the apparel and home fashions retailer’s stock worth $36,000 after acquiring an additional 149 shares during the last quarter. Inlight Wealth Management LLC acquired a new position in shares of TJX Companies during the first quarter valued at $37,000. Finally, Activest Wealth Management boosted its holdings in TJX Companies by 4,485.7% in the first quarter. Activest Wealth Management now owns 321 shares of the apparel and home fashions retailer’s stock valued at $39,000 after acquiring an additional 314 shares during the last quarter. 91.09% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

TJX has been the topic of a number of research reports. Wells Fargo & Company upped their target price on shares of TJX Companies from $120.00 to $130.00 and gave the company an “equal weight” rating in a research report on Thursday, August 21st. Sanford C. Bernstein increased their price objective on shares of TJX Companies from $145.00 to $152.00 and gave the company an “outperform” rating in a report on Thursday, August 21st. Robert W. Baird lifted their target price on shares of TJX Companies from $143.00 to $152.00 and gave the stock an “outperform” rating in a report on Thursday, August 21st. Telsey Advisory Group reissued an “outperform” rating and issued a $155.00 price target (up previously from $150.00) on shares of TJX Companies in a research note on Wednesday, August 20th. Finally, Erste Group Bank started coverage on TJX Companies in a research note on Friday, September 5th. They set a “buy” rating for the company. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Buy” and an average price target of $147.58.

TJX Companies Stock Performance

Shares of TJX opened at $139.70 on Wednesday. The company has a market cap of $155.48 billion, a PE ratio of 31.82, a price-to-earnings-growth ratio of 3.14 and a beta of 0.90. The firm has a 50-day moving average of $133.59 and a 200-day moving average of $127.86. The TJX Companies, Inc. has a one year low of $111.22 and a one year high of $145.58. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.17 and a quick ratio of 0.52.

TJX Companies (NYSE:TJX) last posted its quarterly 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 analysts’ expectations of $14.12 billion. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.TJX Companies’s quarterly revenue was up 6.9% on a year-over-year basis. During the same quarter last year, the company posted $0.96 earnings per share. 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, equities analysts forecast that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Dividend Announcement

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