The TJX Companies, Inc. $TJX Holdings Lifted by Advisory Alpha LLC

Advisory Alpha LLC increased its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 18.8% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,669 shares of the apparel and home fashions retailer’s stock after buying an additional 1,056 shares during the quarter. Advisory Alpha LLC’s holdings in TJX Companies were worth $824,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Pinnacle Financial Partners Inc grew its stake in TJX Companies by 2.2% in the first quarter. Pinnacle Financial Partners Inc now owns 387,342 shares of the apparel and home fashions retailer’s stock valued at $46,989,000 after purchasing an additional 8,319 shares in the last quarter. FCG Investment Co purchased a new position in TJX Companies in the first quarter valued at about $2,620,000. MinichMacGregor Wealth Management LLC purchased a new position in TJX Companies in the second quarter valued at about $5,045,000. Mainstream Capital Management LLC grew its stake in TJX Companies by 4.3% in the first quarter. Mainstream Capital Management LLC now owns 12,450 shares of the apparel and home fashions retailer’s stock valued at $1,516,000 after purchasing an additional 515 shares in the last quarter. Finally, Parr Mcknight Wealth Management Group LLC grew its stake in TJX Companies by 12.6% in the first quarter. Parr Mcknight Wealth Management Group LLC now owns 40,840 shares of the apparel and home fashions retailer’s stock valued at $4,974,000 after purchasing an additional 4,579 shares in the last quarter. Hedge funds and other institutional investors own 91.09% of the company’s stock.

TJX Companies Price Performance

Shares of NYSE:TJX opened at $143.91 on Wednesday. The TJX Companies, Inc. has a fifty-two week low of $111.73 and a fifty-two week high of $146.46. The business has a 50-day moving average of $140.70 and a two-hundred day moving average of $131.95. The stock has a market capitalization of $160.17 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 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 results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share 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 company had revenue of $14.40 billion during the quarter, compared to analysts’ expectations of $14.12 billion. During the same quarter in the previous year, the firm earned $0.96 earnings per share. The business’s quarterly revenue 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. On average, equities research analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 4th. Investors of record on Thursday, November 13th will be given a dividend of $0.425 per share. This represents a $1.70 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Thursday, November 13th. TJX Companies’s payout ratio is currently 38.72%.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on TJX shares. Sanford C. Bernstein boosted their target price on TJX Companies from $145.00 to $152.00 and gave the company an “outperform” rating in a research note on Thursday, August 21st. Barclays boosted their target price on TJX Companies from $147.00 to $155.00 and gave the company an “overweight” rating in a research note on Thursday, August 21st. Telsey Advisory Group restated an “outperform” rating and issued a $155.00 target price (up previously from $150.00) on shares of TJX Companies in a research note on Wednesday, August 20th. Daiwa Capital Markets began coverage on TJX Companies in a research report on Tuesday, July 8th. They issued an “outperform” rating and a $133.00 price target for the company. Finally, Weiss Ratings reaffirmed a “buy (b+)” rating on shares of TJX Companies in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $149.00.

TJX Companies Company Profile

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.