Pure Financial Advisors LLC Buys 428 Shares of The TJX Companies, Inc. $TJX

Pure Financial Advisors LLC lifted its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 5.0% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 8,930 shares of the apparel and home fashions retailer’s stock after purchasing an additional 428 shares during the quarter. Pure Financial Advisors LLC’s holdings in TJX Companies were worth $1,103,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. TCTC Holdings LLC raised its stake in shares of 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 valued at $26,000 after purchasing an additional 145 shares during the period. Atlantic Edge Private Wealth Management LLC grew its position in TJX Companies by 58.8% during 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 in the last quarter. Iron Horse Wealth Management LLC grew its position in TJX Companies by 99.3% during the first quarter. Iron Horse Wealth Management LLC now owns 299 shares of the apparel and home fashions retailer’s stock worth $36,000 after buying an additional 149 shares in the last quarter. Inlight Wealth Management LLC purchased a new position in TJX Companies during the first quarter worth about $37,000. Finally, Activest Wealth Management grew its position in TJX Companies by 4,485.7% during the first quarter. Activest Wealth Management now owns 321 shares of the apparel and home fashions retailer’s stock worth $39,000 after buying an additional 314 shares in the last quarter. 91.09% of the stock is currently owned by institutional investors.

TJX Companies Price Performance

TJX opened at $142.56 on Friday. The stock has a 50-day moving average price of $136.21 and a 200-day moving average price of $129.12. The TJX Companies, Inc. has a 12-month low of $111.22 and a 12-month high of $145.58. 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 stock has a market capitalization of $158.66 billion, a P/E ratio of 32.47, a PEG ratio of 3.25 and a beta of 0.92.

TJX Companies (NYSE:TJX) last posted its quarterly earnings data on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $14.40 billion during the quarter, compared to analysts’ expectations of $14.12 billion. During the same period in the prior year, the business earned $0.96 EPS. The company’s revenue for the quarter was up 6.9% compared to the same quarter last year. TJX Companies has set its FY 2026 guidance at 4.520-4.570 EPS. Q3 2026 guidance at 1.170-1.190 EPS. Equities analysts predict that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Announces Dividend

The company 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 $0.425 dividend. This represents a $1.70 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Thursday, November 13th. TJX Companies’s dividend payout ratio is presently 38.72%.

Analyst Upgrades and Downgrades

Several research firms recently commented on TJX. Macquarie restated a “buy” rating on shares of TJX Companies in a research report on Monday, August 11th. Daiwa Capital Markets began coverage on TJX Companies in a research report on Tuesday, July 8th. They set an “outperform” rating and a $133.00 target price for the company. Citigroup boosted their target price on TJX Companies from $140.00 to $160.00 and gave the stock a “buy” rating in a research report on Thursday, August 21st. Morgan Stanley boosted their target price on TJX Companies from $140.00 to $150.00 and gave the stock an “overweight” rating in a research report on Thursday, August 21st. Finally, Telsey Advisory Group restated an “outperform” rating and set a $155.00 target price (up from $150.00) on shares of TJX Companies in a research report on Wednesday, August 20th. 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’s stock. According to MarketBeat.com, TJX Companies has a consensus rating of “Buy” and a consensus target price of $147.58.

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.