The TJX Companies, Inc. $TJX Shares Acquired by Blue Trust Inc.

Blue Trust Inc. grew its holdings in The TJX Companies, Inc. (NYSE:TJX) by 6.4% during the 2nd quarter, Holdings Channel reports. The firm owned 17,373 shares of the apparel and home fashions retailer’s stock after buying an additional 1,045 shares during the period. Blue Trust Inc.’s holdings in TJX Companies were worth $2,145,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of TJX. Pinnacle Financial Partners Inc boosted its position in TJX Companies by 2.2% during the first quarter. Pinnacle Financial Partners Inc now owns 387,342 shares of the apparel and home fashions retailer’s stock worth $46,989,000 after acquiring an additional 8,319 shares during the last quarter. State of Alaska Department of Revenue boosted its position in TJX Companies by 1.7% during the first quarter. State of Alaska Department of Revenue now owns 181,712 shares of the apparel and home fashions retailer’s stock worth $22,132,000 after acquiring an additional 3,125 shares during the last quarter. FCG Investment Co acquired a new stake in TJX Companies during the first quarter worth approximately $2,620,000. MinichMacGregor Wealth Management LLC acquired a new stake in TJX Companies during the second quarter worth approximately $5,045,000. Finally, Mainstream Capital Management LLC boosted its position in TJX Companies by 4.3% during the first quarter. Mainstream Capital Management LLC now owns 12,450 shares of the apparel and home fashions retailer’s stock worth $1,516,000 after acquiring an additional 515 shares during the last quarter. 91.09% of the stock is currently owned by institutional investors and hedge funds.

TJX Companies Trading Up 1.3%

NYSE TJX opened at $140.38 on Friday. The TJX Companies, Inc. has a one year low of $111.73 and a one year high of $145.58. The company has a 50-day simple moving average of $138.07 and a 200-day simple moving average of $130.10. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.52 and a current ratio of 1.17. The firm has a market capitalization of $156.23 billion, a PE ratio of 31.98, a price-to-earnings-growth ratio of 3.08 and a beta of 0.92.

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, beating the consensus estimate of $1.01 by $0.09. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. The business had revenue of $14.40 billion during the quarter, compared to analyst estimates of $14.12 billion. During the same period in the previous year, the business posted $0.96 EPS. The company’s quarterly 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, equities analysts forecast that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 4th. Shareholders 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 yield of 1.2%. The ex-dividend date of this dividend is Thursday, November 13th. TJX Companies’s payout ratio is presently 38.72%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on TJX shares. Robert W. Baird raised their target price on shares of TJX Companies from $143.00 to $152.00 and gave the company an “outperform” rating in a research note on Thursday, August 21st. Sanford C. Bernstein boosted their target price on shares of TJX Companies from $145.00 to $152.00 and gave the stock an “outperform” rating in a research report on Thursday, August 21st. Telsey Advisory Group reissued an “outperform” rating and issued a $155.00 target price (up previously from $150.00) on shares of TJX Companies in a research report on Wednesday, August 20th. JPMorgan Chase & Co. boosted their target price on shares of TJX Companies from $148.00 to $149.00 and gave the stock an “overweight” rating in a research report on Monday, October 6th. Finally, Wells Fargo & Company boosted their target price on shares of TJX Companies from $120.00 to $130.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 21st. One research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, TJX Companies has an average rating of “Buy” and an average price target of $147.63.

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.