The TJX Companies, Inc. $TJX Shares Sold by Knightsbridge Asset Management LLC

Knightsbridge Asset Management LLC cut its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 3.5% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 5,247 shares of the apparel and home fashions retailer’s stock after selling 190 shares during the quarter. Knightsbridge Asset Management LLC’s holdings in TJX Companies were worth $639,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in TJX. Brighton Jones LLC grew its stake in shares of TJX Companies by 113.7% during the 4th quarter. Brighton Jones LLC now owns 15,039 shares of the apparel and home fashions retailer’s stock worth $1,817,000 after purchasing an additional 8,002 shares during the period. Revolve Wealth Partners LLC grew its stake in shares of TJX Companies by 12.1% during the 4th quarter. Revolve Wealth Partners LLC now owns 2,172 shares of the apparel and home fashions retailer’s stock worth $262,000 after purchasing an additional 235 shares during the period. Bison Wealth LLC grew its stake in shares of TJX Companies by 32.9% during the 4th quarter. Bison Wealth LLC now owns 3,856 shares of the apparel and home fashions retailer’s stock worth $466,000 after purchasing an additional 955 shares during the period. Clark Capital Management Group Inc. grew its stake in TJX Companies by 30.6% in the 4th quarter. Clark Capital Management Group Inc. now owns 2,910 shares of the apparel and home fashions retailer’s stock valued at $352,000 after acquiring an additional 682 shares during the last quarter. Finally, First Manhattan CO. LLC. grew its stake in TJX Companies by 3.6% in the 4th quarter. First Manhattan CO. LLC. now owns 18,241 shares of the apparel and home fashions retailer’s stock valued at $2,204,000 after acquiring an additional 629 shares during the last quarter. 91.09% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the stock. Robert W. Baird increased their price objective 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. Citigroup increased their price objective on shares of TJX Companies from $140.00 to $160.00 and gave the company a “buy” rating in a research note on Thursday, August 21st. Wall Street Zen raised shares of TJX Companies from a “hold” rating to a “buy” rating in a research note on Saturday, August 23rd. TD Securities increased their price objective on shares of TJX Companies from $140.00 to $142.00 and gave the company a “buy” rating in a research note on Tuesday, May 20th. Finally, Telsey Advisory Group reissued an “outperform” rating and issued a $155.00 price objective (up from $150.00) on shares of TJX Companies in a research note on Wednesday, August 20th. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, TJX Companies has a consensus rating of “Buy” and an average target price of $147.58.

TJX Companies Price Performance

TJX Companies stock opened at $139.30 on Friday. The TJX Companies, Inc. has a 12-month low of $111.22 and a 12-month high of $145.58. The stock has a market capitalization of $155.03 billion, a P/E ratio of 31.73, a P/E/G ratio of 3.13 and a beta of 0.90. The firm’s 50-day moving average is $129.89 and its two-hundred day moving average is $126.39. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.17 and a quick ratio of 0.52.

TJX Companies (NYSE:TJX) last released its quarterly earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share (EPS) for the quarter, topping 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 company had revenue of $14.40 billion for the quarter, compared to analysts’ expectations of $14.12 billion. During the same period last year, the company earned $0.96 EPS. The firm’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. Equities analysts predict that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, September 4th. Shareholders of record on Thursday, August 14th were paid a dividend of $0.425 per share. This represents a $1.70 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend was Thursday, August 14th. TJX Companies’s dividend payout ratio (DPR) is currently 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.