Trinity Legacy Partners LLC Raises Position in The TJX Companies, Inc. $TJX

Trinity Legacy Partners LLC raised its holdings in The TJX Companies, Inc. (NYSE:TJX) by 0.4% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 40,171 shares of the apparel and home fashions retailer’s stock after buying an additional 155 shares during the period. Trinity Legacy Partners LLC’s holdings in TJX Companies were worth $4,875,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Clear Creek Financial Management LLC raised its holdings in shares of TJX Companies by 1.8% in the 1st quarter. Clear Creek Financial Management LLC now owns 4,811 shares of the apparel and home fashions retailer’s stock valued at $586,000 after purchasing an additional 83 shares in the last quarter. Knuff & Co LLC raised its holdings in shares of TJX Companies by 8.5% in the 1st quarter. Knuff & Co LLC now owns 1,056 shares of the apparel and home fashions retailer’s stock valued at $129,000 after purchasing an additional 83 shares in the last quarter. McLean Asset Management Corp raised its holdings in shares of TJX Companies by 3.2% in the 2nd quarter. McLean Asset Management Corp now owns 2,746 shares of the apparel and home fashions retailer’s stock valued at $344,000 after purchasing an additional 84 shares in the last quarter. Salem Investment Counselors Inc. raised its holdings in shares of TJX Companies by 2.2% in the 1st quarter. Salem Investment Counselors Inc. now owns 3,986 shares of the apparel and home fashions retailer’s stock valued at $485,000 after purchasing an additional 86 shares in the last quarter. Finally, NBC Securities Inc. raised its holdings in shares of TJX Companies by 0.6% in the 2nd quarter. NBC Securities Inc. now owns 14,274 shares of the apparel and home fashions retailer’s stock valued at $1,762,000 after purchasing an additional 86 shares in the last quarter. Hedge funds and other institutional investors own 91.09% of the company’s stock.

TJX Companies Trading Down 1.2%

NYSE TJX opened at $142.56 on Friday. 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 firm has a market cap of $158.66 billion, a PE ratio of 32.47, a P/E/G ratio of 3.25 and a beta of 0.92. The TJX Companies, Inc. has a one year low of $111.22 and a one year high of $145.58. The firm’s fifty day moving average is $136.21 and its two-hundred day moving average is $129.12.

TJX Companies (NYSE:TJX) last posted its quarterly earnings data on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 EPS for the quarter, beating analysts’ consensus estimates of $1.01 by $0.09. The company had revenue of $14.40 billion for the quarter, compared to analyst estimates of $14.12 billion. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. TJX Companies’s quarterly revenue was up 6.9% on a year-over-year basis. During the same period in the previous year, the business 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 expect that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 4th. Shareholders 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 currently 38.72%.

Analysts Set New Price Targets

TJX has been the topic of a number of analyst reports. Evercore ISI raised their price objective on shares of TJX Companies from $150.00 to $162.00 and gave the company an “outperform” rating in a report on Thursday, August 21st. Barclays raised their price objective on shares of TJX Companies from $147.00 to $155.00 and gave the company an “overweight” rating in a report on Thursday, August 21st. JPMorgan Chase & Co. lifted their price target on shares of TJX Companies from $145.00 to $148.00 and gave the stock an “overweight” rating in a research note on Thursday, August 21st. UBS Group lifted their price target on shares of TJX Companies from $164.00 to $172.00 and gave the stock a “buy” rating in a research note on Thursday, August 21st. Finally, Wells Fargo & Company lifted their price target on shares of TJX Companies from $120.00 to $130.00 and gave the stock an “equal weight” rating in a research note on Thursday, August 21st. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average 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.