The TJX Companies, Inc. $TJX Shares Sold by Connors Investor Services Inc.

Connors Investor Services Inc. reduced its position in The TJX Companies, Inc. (NYSE:TJX) by 4.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 123,581 shares of the apparel and home fashions retailer’s stock after selling 6,029 shares during the period. TJX Companies comprises about 1.4% of Connors Investor Services Inc.’s portfolio, making the stock its 29th biggest holding. Connors Investor Services Inc.’s holdings in TJX Companies were worth $15,261,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. TCTC Holdings LLC lifted its stake in shares of TJX Companies by 210.1% in the 1st 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 period. Princeton Global Asset Management LLC acquired a new position in shares of TJX Companies in the 2nd quarter valued at $28,000. Atlantic Edge Private Wealth Management LLC lifted 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 purchasing an additional 110 shares during the period. Iron Horse Wealth Management LLC lifted its stake in shares of TJX Companies by 99.3% in the 1st quarter. Iron Horse Wealth Management LLC now owns 299 shares of the apparel and home fashions retailer’s stock valued at $36,000 after purchasing an additional 149 shares during the period. Finally, Activest Wealth Management lifted its stake in shares of TJX Companies by 4,485.7% in the 1st quarter. Activest Wealth Management now owns 321 shares of the apparel and home fashions retailer’s stock valued at $39,000 after purchasing an additional 314 shares during the period. 91.09% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

TJX has been the subject of several analyst reports. Erste Group Bank began coverage on shares of TJX Companies in a research note on Friday, September 5th. They issued a “buy” rating for the company. Daiwa America upgraded shares of TJX Companies to a “strong-buy” rating in a research report on Tuesday, July 8th. Wall Street Zen upgraded shares of TJX Companies from a “hold” rating to a “buy” rating in a research report on Saturday, August 23rd. UBS Group upped their price objective on shares of TJX Companies from $164.00 to $172.00 and gave the stock a “buy” rating in a research report on Thursday, August 21st. Finally, Robert W. Baird upped their price objective on shares of TJX Companies from $143.00 to $152.00 and gave the stock an “outperform” rating in a research report on Thursday, August 21st. One research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, TJX Companies currently has a consensus rating of “Buy” and a consensus price target of $148.50.

TJX Companies Trading Down 0.6%

Shares of TJX stock opened at $142.99 on Thursday. The company has a 50-day moving average of $139.94 and a two-hundred day moving average of $131.28. 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 TJX Companies, Inc. has a 1-year low of $111.73 and a 1-year high of $146.46. The firm has a market cap of $159.14 billion, a PE ratio of 32.57, a price-to-earnings-growth ratio of 3.19 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 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 quarter last year, the firm posted $0.96 earnings per share. The business’s revenue for the quarter was up 6.9% compared to the same quarter last year. 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, analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 4th. Stockholders of record on Thursday, November 13th will be paid a $0.425 dividend. 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 (DPR) is presently 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.