The TJX Companies, Inc. $TJX Shares Purchased by Nvest Financial LLC

Nvest Financial LLC boosted its position in The TJX Companies, Inc. (NYSE:TJX) by 3.8% during the 2nd quarter, Holdings Channel reports. The fund owned 23,489 shares of the apparel and home fashions retailer’s stock after acquiring an additional 864 shares during the quarter. TJX Companies makes up 1.5% of Nvest Financial LLC’s portfolio, making the stock its 22nd biggest holding. Nvest Financial LLC’s holdings in TJX Companies were worth $2,901,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. Alta Capital Management LLC raised its holdings in TJX Companies by 3.2% in the second quarter. Alta Capital Management LLC now owns 436,622 shares of the apparel and home fashions retailer’s stock valued at $53,918,000 after acquiring an additional 13,564 shares in the last quarter. Callahan Advisors LLC raised its holdings in TJX Companies by 1.2% during the second quarter. Callahan Advisors LLC now owns 20,753 shares of the apparel and home fashions retailer’s stock worth $2,563,000 after purchasing an additional 251 shares in the last quarter. New York State Teachers Retirement System raised its holdings in TJX Companies by 0.4% during the second quarter. New York State Teachers Retirement System now owns 859,731 shares of the apparel and home fashions retailer’s stock worth $106,168,000 after purchasing an additional 3,425 shares in the last quarter. Ritholtz Wealth Management raised its holdings in TJX Companies by 20.5% during the second quarter. Ritholtz Wealth Management now owns 23,032 shares of the apparel and home fashions retailer’s stock worth $2,844,000 after purchasing an additional 3,915 shares in the last quarter. Finally, Harbour Investments Inc. raised its holdings in TJX Companies by 4.9% during the second quarter. Harbour Investments Inc. now owns 4,482 shares of the apparel and home fashions retailer’s stock worth $553,000 after purchasing an additional 210 shares in the last quarter. Institutional investors and hedge funds own 91.09% of the company’s stock.

TJX Companies Stock Performance

NYSE:TJX opened at $145.00 on Thursday. The firm’s fifty day moving average price is $138.88 and its 200 day moving average price is $130.60. The TJX Companies, Inc. has a 1-year low of $111.73 and a 1-year high of $146.46. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.17 and a quick ratio of 0.52. The firm has a market cap of $161.38 billion, a price-to-earnings ratio of 33.03, a price-to-earnings-growth ratio of 3.20 and a beta of 0.92.

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, beating 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 firm had revenue of $14.40 billion for the quarter, compared to analyst estimates of $14.12 billion. During the same period last year, the firm posted $0.96 EPS. TJX Companies’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, sell-side analysts expect that The TJX Companies, Inc. will post 4.18 EPS for the current 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 38.72%.

Analyst Ratings Changes

TJX has been the topic of a number of research analyst reports. Bank of America raised their price objective on shares of TJX Companies from $145.00 to $150.00 and gave the stock a “buy” rating in a report on Thursday, August 21st. Erste Group Bank initiated coverage on shares of TJX Companies in a report on Friday, September 5th. They set a “buy” rating on the stock. Wall Street Zen raised shares of TJX Companies from a “hold” rating to a “buy” rating in a report on Saturday, August 23rd. Morgan Stanley raised their price objective on shares of TJX Companies from $140.00 to $150.00 and gave the stock an “overweight” rating in a report on Thursday, August 21st. Finally, Telsey Advisory Group reissued an “outperform” rating and set a $155.00 price objective (up previously from $150.00) on shares of TJX Companies in a report on Wednesday, August 20th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently 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.