True North Advisors LLC Lowers Stock Holdings in The TJX Companies, Inc. $TJX

True North Advisors LLC reduced its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 19.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,391 shares of the apparel and home fashions retailer’s stock after selling 811 shares during the period. True North Advisors LLC’s holdings in TJX Companies were worth $419,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in TJX. Pinnacle Financial Partners Inc lifted its position in shares of TJX Companies by 2.2% in the 1st quarter. Pinnacle Financial Partners Inc now owns 387,342 shares of the apparel and home fashions retailer’s stock worth $46,989,000 after buying an additional 8,319 shares during the last quarter. State of Alaska Department of Revenue increased its position in shares of TJX Companies by 1.7% in the first quarter. State of Alaska Department of Revenue now owns 181,712 shares of the apparel and home fashions retailer’s stock worth $22,132,000 after acquiring an additional 3,125 shares in the last quarter. FCG Investment Co acquired a new position in TJX Companies during the first quarter valued at $2,620,000. Mainstream Capital Management LLC lifted its position in TJX Companies by 4.3% in the 1st quarter. Mainstream Capital Management LLC now owns 12,450 shares of the apparel and home fashions retailer’s stock worth $1,516,000 after buying an additional 515 shares in the last quarter. Finally, Parr Mcknight Wealth Management Group LLC increased its holdings in TJX Companies by 12.6% in the first quarter. Parr Mcknight Wealth Management Group LLC now owns 40,840 shares of the apparel and home fashions retailer’s stock worth $4,974,000 after buying an additional 4,579 shares during the last quarter. Hedge funds and other institutional investors own 91.09% of the company’s stock.

TJX Companies Price Performance

Shares of NYSE:TJX opened at $141.46 on Friday. The TJX Companies, Inc. has a one year low of $111.22 and a one year high of $145.58. 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 company’s fifty day moving average price is $134.36 and its 200-day moving average price is $128.11. The firm has a market capitalization of $157.43 billion, a price-to-earnings ratio of 32.22, a PEG ratio of 3.16 and a beta of 0.90.

TJX Companies (NYSE:TJX) last released its earnings results 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 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 analyst estimates of $14.12 billion. During the same quarter in the previous year, the company posted $0.96 EPS. TJX Companies’s revenue for the quarter 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, equities research analysts anticipate that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 4th. Investors of record on Thursday, November 13th will be paid a $0.425 dividend. The ex-dividend date is Thursday, November 13th. This represents a $1.70 dividend on an annualized basis and a yield of 1.2%. TJX Companies’s payout ratio is presently 38.72%.

Wall Street Analysts Forecast Growth

Several brokerages have commented on TJX. Macquarie reaffirmed a “buy” rating on shares of TJX Companies in a research report on Monday, August 11th. JPMorgan Chase & Co. raised their price target on shares of TJX Companies from $145.00 to $148.00 and gave the company an “overweight” rating in a report on Thursday, August 21st. Daiwa America upgraded TJX Companies to a “strong-buy” rating in a research report on Tuesday, July 8th. Erste Group Bank assumed coverage on shares of TJX Companies in a report on Friday, September 5th. They set a “buy” rating on the stock. Finally, Wall Street Zen upgraded shares of TJX Companies from a “hold” rating to a “buy” rating in a research note on Saturday, August 23rd. One analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $147.58.

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.