Princeton Global Asset Management LLC Purchases New Shares in The TJX Companies, Inc. $TJX

Princeton Global Asset Management LLC purchased a new stake in shares of The TJX Companies, Inc. (NYSE:TJX) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 223 shares of the apparel and home fashions retailer’s stock, valued at approximately $28,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Schnieders Capital Management LLC purchased a new stake in TJX Companies during the 2nd quarter valued at $244,000. Accretive Wealth Partners LLC raised its holdings in TJX Companies by 1.0% during the 2nd quarter. Accretive Wealth Partners LLC now owns 12,669 shares of the apparel and home fashions retailer’s stock valued at $1,565,000 after buying an additional 121 shares during the period. Swan Global Investments LLC purchased a new stake in TJX Companies during the 2nd quarter valued at $220,000. Northeast Investment Management raised its holdings in TJX Companies by 6.5% during the 2nd quarter. Northeast Investment Management now owns 141,463 shares of the apparel and home fashions retailer’s stock valued at $17,469,000 after buying an additional 8,673 shares during the period. Finally, Calamos Wealth Management LLC raised its holdings in TJX Companies by 1.6% during the 2nd quarter. Calamos Wealth Management LLC now owns 113,405 shares of the apparel and home fashions retailer’s stock valued at $14,004,000 after buying an additional 1,744 shares during the period. Hedge funds and other institutional investors own 91.09% of the company’s stock.

Analyst Ratings Changes

Several research firms recently weighed in on TJX. Daiwa Capital Markets began coverage on TJX Companies in a report on Tuesday, July 8th. They set an “outperform” rating and a $133.00 price target on the stock. JPMorgan Chase & Co. increased their target price on TJX Companies from $148.00 to $149.00 and gave the stock an “overweight” rating in a research note on Monday, October 6th. BTIG Research began coverage on TJX Companies in a research note on Tuesday, October 14th. They issued a “buy” rating and a $165.00 target price on the stock. Erste Group Bank began coverage on TJX Companies in a research note on Friday, September 5th. They issued a “buy” rating on the stock. Finally, Citigroup increased their target price on TJX Companies from $140.00 to $160.00 and gave the stock a “buy” rating in a research note on Thursday, August 21st. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, TJX Companies presently has an average rating of “Buy” and an average price target of $148.50.

TJX Companies Stock Performance

Shares of TJX Companies stock opened at $143.91 on Wednesday. The firm has a market cap of $160.16 billion, a P/E ratio of 32.78, a P/E/G ratio of 3.18 and a beta of 0.92. 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 TJX Companies, Inc. has a 12 month low of $111.73 and a 12 month high of $146.46. The stock’s fifty day moving average price is $139.76 and its 200-day moving average price is $131.20.

TJX Companies (NYSE:TJX) last announced its quarterly earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 EPS for the quarter, beating the consensus estimate of $1.01 by $0.09. The firm 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 for the quarter was up 6.9% on a year-over-year basis. During the same quarter last 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 research analysts expect that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 4th. Stockholders of record on Thursday, November 13th will be paid a dividend of $0.425 per share. The ex-dividend date is Thursday, November 13th. This represents a $1.70 annualized dividend and a dividend yield of 1.2%. TJX Companies’s dividend payout ratio (DPR) is currently 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.