Capital Insight Partners LLC Sells 1,224 Shares of The TJX Companies, Inc. $TJX

Capital Insight Partners LLC lessened its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 4.4% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 26,901 shares of the apparel and home fashions retailer’s stock after selling 1,224 shares during the quarter. Capital Insight Partners LLC’s holdings in TJX Companies were worth $3,322,000 as of its most recent filing with the SEC.

Other hedge funds have also added to or reduced their stakes in the company. TCTC Holdings LLC raised its holdings in shares of TJX Companies by 210.1% in the 1st quarter. TCTC Holdings LLC now owns 214 shares of the apparel and home fashions retailer’s stock worth $26,000 after purchasing an additional 145 shares during the period. Atlantic Edge Private Wealth Management LLC increased its position in TJX Companies by 58.8% in the first quarter. Atlantic Edge Private Wealth Management LLC now owns 297 shares of the apparel and home fashions retailer’s stock worth $36,000 after buying an additional 110 shares during the last quarter. Iron Horse Wealth Management LLC raised its stake in shares of TJX Companies by 99.3% in the first quarter. Iron Horse Wealth Management LLC now owns 299 shares of the apparel and home fashions retailer’s stock valued at $36,000 after buying an additional 149 shares during the period. Inlight Wealth Management LLC purchased a new position in shares of TJX Companies during the 1st quarter valued at $37,000. Finally, Activest Wealth Management grew its stake in shares of TJX Companies by 4,485.7% during the 1st quarter. Activest Wealth Management now owns 321 shares of the apparel and home fashions retailer’s stock worth $39,000 after acquiring an additional 314 shares during the period. Institutional investors own 91.09% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on TJX. Wall Street Zen upgraded TJX Companies from a “hold” rating to a “buy” rating in a research note on Saturday, August 23rd. JPMorgan Chase & Co. boosted their price target on shares of TJX Companies from $145.00 to $148.00 and gave the company an “overweight” rating in a research report on Thursday, August 21st. Erste Group Bank began coverage on shares of TJX Companies in a research note on Friday, September 5th. They set a “buy” rating on the stock. Daiwa America upgraded shares of TJX Companies to a “strong-buy” rating in a research note on Tuesday, July 8th. Finally, Robert W. Baird increased their target price on TJX Companies from $143.00 to $152.00 and gave the stock an “outperform” rating in a research 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 MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $147.58.

TJX Companies Stock Performance

NYSE TJX opened at $143.09 on Monday. The company’s 50 day simple moving average is $134.77 and its two-hundred day simple moving average is $128.50. 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 TJX Companies, Inc. has a 1 year low of $111.22 and a 1 year high of $145.58. The stock 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 released its quarterly earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.09. The firm had revenue of $14.40 billion for the quarter, compared to analysts’ expectations of $14.12 billion. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. The business’s quarterly revenue was up 6.9% on a year-over-year basis. During the same quarter 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. Analysts predict that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 4th. Stockholders 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.