The TJX Companies, Inc. $TJX Shares Purchased by Kathmere Capital Management LLC

Kathmere Capital Management LLC increased its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 6.0% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 4,840 shares of the apparel and home fashions retailer’s stock after acquiring an additional 274 shares during the period. Kathmere Capital Management LLC’s holdings in TJX Companies were worth $598,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of TJX. TCTC Holdings LLC lifted its position in TJX Companies by 210.1% during the 1st quarter. TCTC Holdings LLC now owns 214 shares of the apparel and home fashions retailer’s stock worth $26,000 after acquiring an additional 145 shares in the last quarter. Atlantic Edge Private Wealth Management LLC raised its position in shares of TJX Companies by 58.8% in the 1st quarter. Atlantic Edge Private Wealth Management LLC now owns 297 shares of the apparel and home fashions retailer’s stock valued at $36,000 after purchasing an additional 110 shares in the last quarter. Iron Horse Wealth Management LLC raised its position in shares of TJX Companies by 99.3% in the 1st quarter. Iron Horse Wealth Management LLC now owns 299 shares of the apparel and home fashions retailer’s stock valued at $36,000 after purchasing an additional 149 shares in the last quarter. Inlight Wealth Management LLC acquired a new position in shares of TJX Companies in the 1st quarter valued at approximately $37,000. Finally, Activest Wealth Management raised its position in shares of TJX Companies by 4,485.7% in the 1st quarter. Activest Wealth Management now owns 321 shares of the apparel and home fashions retailer’s stock valued at $39,000 after purchasing an additional 314 shares in the last quarter. 91.09% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

TJX has been the topic of a number of recent analyst reports. Robert W. Baird upped their target price on TJX Companies from $143.00 to $152.00 and gave the company an “outperform” rating in a research report on Thursday, August 21st. Daiwa Capital Markets initiated coverage on TJX Companies in a research report on Tuesday, July 8th. They issued an “outperform” rating and a $133.00 target price on the stock. Citigroup upped their target price on TJX Companies from $140.00 to $160.00 and gave the company a “buy” rating in a research report on Thursday, August 21st. Sanford C. Bernstein upped their target price on TJX Companies from $145.00 to $152.00 and gave the company an “outperform” rating in a research report on Thursday, August 21st. Finally, Telsey Advisory Group reaffirmed an “outperform” rating and issued a $155.00 target price (up from $150.00) on shares of TJX Companies in a research report on Wednesday, August 20th. One equities research 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 company’s stock. According to MarketBeat, TJX Companies presently has an average rating of “Buy” and a consensus target price of $147.58.

TJX Companies Stock Performance

TJX stock opened at $143.09 on Friday. The company has a current ratio of 1.17, a quick ratio of 0.52 and a debt-to-equity ratio of 0.32. The firm has a market cap of $159.25 billion, a P/E ratio of 32.60, a P/E/G ratio of 3.22 and a beta of 0.90. The TJX Companies, Inc. has a 12-month low of $111.22 and a 12-month high of $145.58. The stock’s 50 day simple moving average is $134.77 and its 200 day simple moving average is $128.39.

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 (EPS) for the quarter, beating the consensus estimate of $1.01 by $0.09. The business had revenue of $14.40 billion for the quarter, compared to analyst estimates of $14.12 billion. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.The business’s revenue was up 6.9% compared to the same quarter last year. During the same period in the prior year, the company posted $0.96 EPS. 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 research analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Announces Dividend

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