Brookstone Capital Management Cuts Stock Holdings in The TJX Companies, Inc. $TJX

Brookstone Capital Management trimmed its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 1.1% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 12,035 shares of the apparel and home fashions retailer’s stock after selling 131 shares during the period. Brookstone Capital Management’s holdings in TJX Companies were worth $1,486,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Pinnacle Financial Partners Inc increased its holdings in shares of TJX Companies by 2.2% in the 1st quarter. Pinnacle Financial Partners Inc now owns 387,342 shares of the apparel and home fashions retailer’s stock worth $46,989,000 after buying an additional 8,319 shares during the last quarter. FCG Investment Co bought a new stake in TJX Companies during the first quarter worth approximately $2,620,000. MinichMacGregor Wealth Management LLC bought a new stake in TJX Companies during the second quarter worth approximately $5,045,000. Mainstream Capital Management LLC increased its stake in TJX Companies by 4.3% during the first quarter. Mainstream Capital Management LLC now owns 12,450 shares of the apparel and home fashions retailer’s stock worth $1,516,000 after acquiring an additional 515 shares during the last quarter. Finally, Parr Mcknight Wealth Management Group LLC increased its stake in TJX Companies by 12.6% during the first quarter. Parr Mcknight Wealth Management Group LLC now owns 40,840 shares of the apparel and home fashions retailer’s stock worth $4,974,000 after acquiring an additional 4,579 shares during the last quarter. 91.09% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

TJX has been the topic of several analyst reports. Macquarie reissued a “buy” rating on shares of TJX Companies in a research note on Monday, August 11th. Evercore ISI lifted their price target on shares of TJX Companies from $150.00 to $162.00 and gave the stock an “outperform” rating in a research note on Thursday, August 21st. Weiss Ratings reaffirmed a “buy (b+)” rating on shares of TJX Companies in a research note on Friday. Wall Street Zen raised shares of TJX Companies from a “hold” rating to a “buy” rating in a research note on Saturday, August 23rd. Finally, Robert W. Baird lifted their price target on shares of TJX Companies from $143.00 to $152.00 and gave the stock an “outperform” rating in a research note on Thursday, August 21st. One research analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, TJX Companies presently has a consensus rating of “Buy” and a consensus target price of $148.50.

TJX Companies Trading Down 0.4%

Shares of TJX opened at $141.90 on Friday. The TJX Companies, Inc. has a 1-year low of $111.73 and a 1-year high of $146.46. The company has a 50-day moving average of $140.31 and a 200 day moving average of $131.60. The firm has a market capitalization of $157.92 billion, a price-to-earnings ratio of 32.32, a PEG ratio of 3.16 and a beta of 0.92. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.17 and a quick ratio of 0.52.

TJX Companies (NYSE:TJX) last announced its quarterly earnings data on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share for the quarter, beating analysts’ consensus estimates of $1.01 by $0.09. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. The company had revenue of $14.40 billion during the quarter, compared to analyst estimates of $14.12 billion. During the same quarter last year, the business posted $0.96 EPS. The firm’s revenue for the quarter was up 6.9% on a year-over-year basis. 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, research analysts expect that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 4th. Investors of record on Thursday, November 13th will be issued a dividend of $0.425 per share. 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 dividend payout ratio (DPR) is presently 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.