Armstrong Henry H Associates Inc. Cuts Stock Position in The TJX Companies, Inc. $TJX

Armstrong Henry H Associates Inc. cut its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 2.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,847 shares of the apparel and home fashions retailer’s stock after selling 165 shares during the period. Armstrong Henry H Associates Inc.’s holdings in TJX Companies were worth $969,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Bangor Savings Bank increased its stake in TJX Companies by 9.5% during the second quarter. Bangor Savings Bank now owns 1,453 shares of the apparel and home fashions retailer’s stock worth $179,000 after purchasing an additional 126 shares during the period. Thurston Springer Miller Herd & Titak Inc. increased its stake in TJX Companies by 11.7% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 9,579 shares of the apparel and home fashions retailer’s stock worth $1,183,000 after purchasing an additional 1,004 shares during the period. RB Capital Management LLC increased its stake in TJX Companies by 4.3% during the second quarter. RB Capital Management LLC now owns 9,112 shares of the apparel and home fashions retailer’s stock worth $1,125,000 after purchasing an additional 377 shares during the period. McLean Asset Management Corp increased its stake in TJX Companies by 3.2% during the second quarter. McLean Asset Management Corp now owns 2,746 shares of the apparel and home fashions retailer’s stock worth $344,000 after purchasing an additional 84 shares during the period. Finally, Trust Co of the South increased its stake in TJX Companies by 26.0% during the second quarter. Trust Co of the South now owns 3,095 shares of the apparel and home fashions retailer’s stock worth $382,000 after purchasing an additional 638 shares during the period. 91.09% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Cowen restated a “buy” rating on shares of TJX Companies in a research note on Tuesday, May 20th. Barclays upped their target price on shares of TJX Companies from $147.00 to $155.00 and gave the stock an “overweight” rating in a research note on Thursday, August 21st. Bank of America upped their target price on shares of TJX Companies from $145.00 to $150.00 and gave the stock a “buy” rating in a research note on Thursday, August 21st. Loop Capital set a $150.00 target price on shares of TJX Companies and gave the stock a “buy” rating in a research note on Thursday, May 22nd. Finally, Daiwa Capital Markets assumed coverage on shares of TJX Companies in a research note on Tuesday, July 8th. They set an “outperform” rating and a $133.00 target price on the stock. One analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, TJX Companies has an average rating of “Buy” and an average price target of $147.58.

TJX Companies Stock Performance

Shares of TJX Companies stock opened at $139.55 on Friday. The firm has a market capitalization of $155.31 billion, a P/E ratio of 31.79, a P/E/G ratio of 3.17 and a beta of 0.90. The TJX Companies, Inc. has a 52 week low of $111.22 and a 52 week high of $145.58. 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 firm’s 50 day moving average is $131.39 and its two-hundred day moving average is $127.00.

TJX Companies (NYSE:TJX) last announced its quarterly earnings results 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. The company had revenue of $14.40 billion for the quarter, compared to analyst estimates of $14.12 billion. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. The firm’s revenue was up 6.9% on a year-over-year basis. During the same period 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. Research analysts forecast that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

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.