The TJX Companies, Inc. $TJX Shares Acquired by Moran Wealth Management LLC

Moran Wealth Management LLC lifted its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 601.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 37,054 shares of the apparel and home fashions retailer’s stock after acquiring an additional 31,771 shares during the quarter. Moran Wealth Management LLC’s holdings in TJX Companies were worth $4,576,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Revolve Wealth Partners LLC boosted its holdings in TJX Companies by 3.3% during the second quarter. Revolve Wealth Partners LLC now owns 2,453 shares of the apparel and home fashions retailer’s stock worth $303,000 after buying an additional 79 shares in the last quarter. NorthRock Partners LLC boosted its holdings in TJX Companies by 3.7% during the second quarter. NorthRock Partners LLC now owns 11,570 shares of the apparel and home fashions retailer’s stock worth $1,429,000 after buying an additional 413 shares in the last quarter. Verdence Capital Advisors LLC boosted its holdings in TJX Companies by 1.2% during the second quarter. Verdence Capital Advisors LLC now owns 8,304 shares of the apparel and home fashions retailer’s stock worth $1,025,000 after buying an additional 101 shares in the last quarter. Envestnet Portfolio Solutions Inc. boosted its holdings in TJX Companies by 14.1% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 124,744 shares of the apparel and home fashions retailer’s stock worth $15,405,000 after buying an additional 15,432 shares in the last quarter. Finally, Delaney Dennis R boosted its holdings in TJX Companies by 1.1% during the second quarter. Delaney Dennis R now owns 48,454 shares of the apparel and home fashions retailer’s stock worth $5,984,000 after buying an additional 545 shares in the last quarter. Hedge funds and other institutional investors own 91.09% of the company’s stock.

TJX Companies Stock Performance

Shares of TJX opened at $144.10 on Wednesday. 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 company has a market capitalization of $160.38 billion, a price-to-earnings ratio of 32.83, a PEG ratio of 3.14 and a beta of 0.92. The company’s 50 day simple moving average is $138.62 and its 200 day simple moving average is $130.50. The TJX Companies, Inc. has a 1 year low of $111.73 and a 1 year high of $145.58.

TJX Companies (NYSE:TJX) last announced its quarterly earnings data on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.01 by $0.09. The business had revenue of $14.40 billion for 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 company’s quarterly revenue was up 6.9% compared to the same quarter last year. During the same quarter in the prior year, the firm 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. On average, sell-side analysts predict that The TJX Companies, Inc. will post 4.18 EPS 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 paid a dividend of $0.425 per share. The ex-dividend date of this dividend is Thursday, November 13th. This represents a $1.70 annualized dividend and a dividend yield of 1.2%. TJX Companies’s dividend payout ratio is presently 38.72%.

Wall Street Analyst Weigh In

A number of analysts recently commented on the stock. Sanford C. Bernstein boosted their price objective on shares of TJX Companies from $145.00 to $152.00 and gave the stock an “outperform” rating in a report on Thursday, August 21st. Barclays upped their price target on shares of TJX Companies from $147.00 to $155.00 and gave the company an “overweight” rating in a report on Thursday, August 21st. Daiwa America raised shares of TJX Companies to a “strong-buy” rating in a report on Tuesday, July 8th. JPMorgan Chase & Co. upped their price target on shares of TJX Companies from $148.00 to $149.00 and gave the company an “overweight” rating in a report on Monday, October 6th. Finally, UBS Group upped their price target on shares of TJX Companies from $164.00 to $172.00 and gave the company a “buy” rating in a report on Thursday, August 21st. One analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Buy” and an average target price 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.