LVW Advisors LLC Raises Holdings in The TJX Companies, Inc. $TJX

LVW Advisors LLC grew its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 24.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,156 shares of the apparel and home fashions retailer’s stock after purchasing an additional 818 shares during the period. LVW Advisors LLC’s holdings in TJX Companies were worth $513,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in TJX. Nuveen LLC purchased a new position in shares of TJX Companies during the first quarter valued at about $1,330,717,000. GAMMA Investing LLC grew its position in shares of TJX Companies by 14,486.1% during the first quarter. GAMMA Investing LLC now owns 2,912,116 shares of the apparel and home fashions retailer’s stock valued at $354,696,000 after purchasing an additional 2,892,151 shares in the last quarter. Assenagon Asset Management S.A. grew its position in shares of TJX Companies by 65.8% during the first quarter. Assenagon Asset Management S.A. now owns 3,282,351 shares of the apparel and home fashions retailer’s stock valued at $399,790,000 after purchasing an additional 1,302,845 shares in the last quarter. Amundi lifted its holdings in shares of TJX Companies by 10.2% in the 1st quarter. Amundi now owns 11,888,455 shares of the apparel and home fashions retailer’s stock valued at $1,489,305,000 after acquiring an additional 1,104,292 shares during the last quarter. Finally, Vanguard Group Inc. lifted its holdings in shares of 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 during the last quarter. Hedge funds and other institutional investors own 91.09% of the company’s stock.

Analysts Set New Price Targets

TJX has been the subject of a number of analyst reports. Daiwa Capital Markets initiated coverage on shares of TJX Companies in a report on Tuesday, July 8th. They issued an “outperform” rating and a $133.00 price target for the company. Robert W. Baird increased their price target on shares of TJX Companies from $143.00 to $152.00 and gave the company an “outperform” rating in a report on Thursday, August 21st. Wall Street Zen raised shares of TJX Companies from a “hold” rating to a “buy” rating in a report on Saturday, August 23rd. Citigroup increased their price target on shares of TJX Companies from $140.00 to $160.00 and gave the company a “buy” rating in a report on Thursday, August 21st. Finally, JPMorgan Chase & Co. increased 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. 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 stock. According to data from MarketBeat, TJX Companies currently has a consensus rating of “Buy” and a consensus price target of $147.58.

TJX Companies Stock Performance

TJX Companies stock opened at $143.09 on Friday. The company has a 50 day moving average price of $134.77 and a 200-day moving average price of $128.39. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.52 and a current ratio of 1.17. The TJX Companies, Inc. has a fifty-two week low of $111.22 and a fifty-two week high of $145.58. The company has a market capitalization of $159.25 billion, a PE ratio of 32.60, a P/E/G ratio of 3.22 and a beta of 0.90.

TJX Companies (NYSE:TJX) last posted its quarterly earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share 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 firm had revenue of $14.40 billion during the quarter, compared to the consensus estimate of $14.12 billion. During the same quarter in the previous year, the firm posted $0.96 earnings per share. The company’s revenue 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. As a group, equities analysts forecast that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 4th. Stockholders of record on Thursday, November 13th will be 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 is Thursday, November 13th. TJX Companies’s payout ratio is currently 38.72%.

About TJX Companies

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.