Apollon Wealth Management LLC Lowers Holdings in The TJX Companies, Inc. $TJX

Apollon Wealth Management LLC trimmed its holdings in The TJX Companies, Inc. (NYSE:TJX) by 3.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 34,464 shares of the apparel and home fashions retailer’s stock after selling 1,078 shares during the period. Apollon Wealth Management LLC’s holdings in TJX Companies were worth $4,256,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also made changes to their positions in TJX. Clear Creek Financial Management LLC lifted its position in shares of TJX Companies by 1.8% in the first quarter. Clear Creek Financial Management LLC now owns 4,811 shares of the apparel and home fashions retailer’s stock worth $586,000 after buying an additional 83 shares in the last quarter. Knuff & Co LLC lifted its position in shares of TJX Companies by 8.5% in the first quarter. Knuff & Co LLC now owns 1,056 shares of the apparel and home fashions retailer’s stock worth $129,000 after buying an additional 83 shares in the last quarter. 3Chopt Investment Partners LLC lifted its position in shares of TJX Companies by 1.6% in the second quarter. 3Chopt Investment Partners LLC now owns 5,239 shares of the apparel and home fashions retailer’s stock worth $647,000 after buying an additional 83 shares in the last quarter. McLean Asset Management Corp lifted its position in shares of TJX Companies by 3.2% in the second quarter. McLean Asset Management Corp now owns 2,746 shares of the apparel and home fashions retailer’s stock worth $344,000 after buying an additional 84 shares in the last quarter. Finally, Salem Investment Counselors Inc. lifted its position in shares of TJX Companies by 2.2% in the first quarter. Salem Investment Counselors Inc. now owns 3,986 shares of the apparel and home fashions retailer’s stock worth $485,000 after buying an additional 86 shares in the last quarter. 91.09% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

TJX has been the topic of a number of research analyst reports. Macquarie reiterated a “buy” rating on shares of TJX Companies in a research report on Monday, August 11th. Citigroup upped their price objective on TJX Companies from $140.00 to $160.00 and gave the company a “buy” rating in a research report on Thursday, August 21st. Bank of America upped their price objective on TJX Companies from $145.00 to $150.00 and gave the company a “buy” rating in a research report on Thursday, August 21st. JPMorgan Chase & Co. upped their price objective on TJX Companies from $148.00 to $149.00 and gave the company an “overweight” rating in a research report on Monday, October 6th. Finally, Daiwa America upgraded TJX Companies to a “strong-buy” rating in a research report on Tuesday, July 8th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, TJX Companies presently has an average rating of “Buy” and an average price target of $147.63.

TJX Companies Trading Up 1.3%

TJX opened at $140.38 on Friday. The stock has a market cap of $156.23 billion, a price-to-earnings ratio of 31.98, a P/E/G ratio of 3.12 and a beta of 0.92. The stock’s 50 day moving average price is $138.07 and its 200-day moving average price is $130.17. The TJX Companies, Inc. has a one year low of $111.73 and a one year high of $145.58. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.52 and a current ratio of 1.17.

TJX Companies (NYSE:TJX) last released its earnings results 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 firm had revenue of $14.40 billion for the quarter, compared to analysts’ expectations of $14.12 billion. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.The company’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. On average, equities analysts forecast that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Dividend Announcement

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