Swmg LLC Grows Position in The TJX Companies, Inc. $TJX

Swmg LLC raised its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 13.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,435 shares of the apparel and home fashions retailer’s stock after purchasing an additional 659 shares during the quarter. Swmg LLC’s holdings in TJX Companies were worth $681,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the business. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in TJX Companies during the second quarter valued at about $23,290,000. United Bank lifted its holdings in TJX Companies by 7.6% during the second quarter. United Bank now owns 16,298 shares of the apparel and home fashions retailer’s stock valued at $2,013,000 after purchasing an additional 1,155 shares during the last quarter. Novare Capital Management LLC lifted its holdings in TJX Companies by 1.5% during the second quarter. Novare Capital Management LLC now owns 101,598 shares of the apparel and home fashions retailer’s stock valued at $12,546,000 after purchasing an additional 1,511 shares during the last quarter. Quotient Wealth Partners LLC lifted its holdings in TJX Companies by 4.4% during the second quarter. Quotient Wealth Partners LLC now owns 7,561 shares of the apparel and home fashions retailer’s stock valued at $934,000 after purchasing an additional 316 shares during the last quarter. Finally, Cottonwood Capital Advisors LLC purchased a new stake in TJX Companies during the second quarter valued at about $203,000. 91.09% of the stock is owned by hedge funds and other institutional investors.

TJX Companies Stock Up 1.0%

TJX stock opened at $143.95 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’s 50 day moving average is $139.33 and its 200 day moving average is $130.93. The stock has a market cap of $160.21 billion, a price-to-earnings ratio of 32.79, a price-to-earnings-growth ratio of 3.19 and a beta of 0.92. The TJX Companies, Inc. has a 1-year low of $111.73 and a 1-year high of $146.46.

TJX Companies (NYSE:TJX) last posted its quarterly earnings data on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.09. The company had revenue of $14.40 billion for the quarter, compared to analysts’ expectations of $14.12 billion. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. TJX Companies’s revenue for the quarter was up 6.9% compared to the same quarter last year. During the same period in the prior year, the business earned $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. Sell-side analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Dividend Announcement

The business 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 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Thursday, November 13th. TJX Companies’s dividend payout ratio is 38.72%.

Wall Street Analysts Forecast Growth

TJX has been the topic of several recent research reports. Erste Group Bank started coverage on shares of TJX Companies in a report on Friday, September 5th. They set a “buy” rating on the stock. UBS Group increased their price target on shares of TJX Companies from $164.00 to $172.00 and gave the stock a “buy” rating in a report on Thursday, August 21st. Daiwa Capital Markets started coverage on shares of TJX Companies in a report on Tuesday, July 8th. They issued an “outperform” rating and a $133.00 price target on the stock. Telsey Advisory Group reissued an “outperform” rating and issued a $155.00 price target (up from $150.00) on shares of TJX Companies in a report on Wednesday, August 20th. Finally, Barclays increased their price target on shares of TJX Companies from $147.00 to $155.00 and gave the stock an “overweight” rating in a report on Thursday, August 21st. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, TJX Companies has an average rating of “Buy” and a consensus price target of $148.50.

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.