Accretive Wealth Partners LLC Has $1.57 Million Holdings in The TJX Companies, Inc. $TJX

Accretive Wealth Partners LLC raised its position in The TJX Companies, Inc. (NYSE:TJX) by 1.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,669 shares of the apparel and home fashions retailer’s stock after purchasing an additional 121 shares during the quarter. Accretive Wealth Partners LLC’s holdings in TJX Companies were worth $1,565,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. lifted its stake in TJX Companies by 1.1% in the 1st quarter. Vanguard Group Inc. now owns 100,413,764 shares of the apparel and home fashions retailer’s stock valued at $12,230,396,000 after acquiring an additional 1,099,129 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in shares of TJX Companies by 0.3% in the first quarter. Ameriprise Financial Inc. now owns 13,068,312 shares of the apparel and home fashions retailer’s stock valued at $1,591,758,000 after purchasing an additional 35,800 shares during the last quarter. Amundi lifted its position in shares of TJX Companies by 10.2% in the first quarter. Amundi now owns 11,888,455 shares of the apparel and home fashions retailer’s stock worth $1,489,305,000 after purchasing an additional 1,104,292 shares in the last quarter. Nuveen LLC acquired a new position in TJX Companies during the first quarter worth $1,330,717,000. Finally, Invesco Ltd. boosted its holdings in TJX Companies by 2.8% during the first quarter. Invesco Ltd. now owns 9,000,600 shares of the apparel and home fashions retailer’s stock worth $1,096,273,000 after purchasing an additional 247,579 shares during the last quarter. 91.09% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

TJX has been the topic of several analyst reports. JPMorgan Chase & Co. boosted their price target 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. Bank of America raised their price objective on TJX Companies from $145.00 to $150.00 and gave the company a “buy” rating in a report on Thursday, August 21st. Wells Fargo & Company upped their target price on TJX Companies from $120.00 to $130.00 and gave the stock an “equal weight” rating in a report on Thursday, August 21st. Telsey Advisory Group restated an “outperform” rating and issued a $155.00 price target (up from $150.00) on shares of TJX Companies in a research note on Wednesday, August 20th. Finally, Daiwa Capital Markets began coverage on TJX Companies in a research report on Tuesday, July 8th. They set an “outperform” rating and a $133.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $148.50.

TJX Companies Price Performance

Shares of NYSE TJX opened at $143.95 on Monday. The company has a quick ratio of 0.52, a current ratio of 1.17 and a debt-to-equity ratio of 0.32. The business’s 50 day moving average price is $139.33 and its two-hundred day moving average price is $130.96. The company has a market cap of $160.21 billion, a PE ratio of 32.79, a price-to-earnings-growth ratio of 3.19 and a beta of 0.92. The TJX Companies, Inc. has a twelve month low of $111.73 and a twelve month high of $146.46.

TJX Companies (NYSE:TJX) last issued its earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 EPS for the quarter, topping the consensus estimate of $1.01 by $0.09. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.The company had revenue of $14.40 billion during the quarter, compared to the consensus estimate of $14.12 billion. During the same period in the previous year, the company posted $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. On average, analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 4th. Investors of record on Thursday, November 13th will be issued 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 payout ratio is presently 38.72%.

TJX Companies 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.