Burney Co. Has $22.34 Million Stake in The TJX Companies, Inc. $TJX

Burney Co. trimmed its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 4.0% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 180,891 shares of the apparel and home fashions retailer’s stock after selling 7,532 shares during the quarter. Burney Co.’s holdings in TJX Companies were worth $22,338,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also made changes to their positions in the company. TCTC Holdings LLC lifted its holdings in TJX Companies by 210.1% in the 1st quarter. TCTC Holdings LLC now owns 214 shares of the apparel and home fashions retailer’s stock worth $26,000 after purchasing an additional 145 shares during the last quarter. Princeton Global Asset Management LLC acquired a new stake in TJX Companies in the 2nd quarter worth approximately $28,000. Atlantic Edge Private Wealth Management LLC lifted its holdings in TJX Companies by 58.8% in the 1st quarter. Atlantic Edge Private Wealth Management LLC now owns 297 shares of the apparel and home fashions retailer’s stock worth $36,000 after purchasing an additional 110 shares during the last quarter. Iron Horse Wealth Management LLC lifted its holdings in TJX Companies by 99.3% in the 1st quarter. Iron Horse Wealth Management LLC now owns 299 shares of the apparel and home fashions retailer’s stock worth $36,000 after purchasing an additional 149 shares during the last quarter. Finally, Activest Wealth Management lifted its holdings in TJX Companies by 4,485.7% in the 1st quarter. Activest Wealth Management now owns 321 shares of the apparel and home fashions retailer’s stock worth $39,000 after purchasing an additional 314 shares during the last quarter. 91.09% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

TJX has been the subject of a number of research analyst reports. Barclays upped their price target on TJX Companies from $147.00 to $155.00 and gave the stock an “overweight” rating in a report on Thursday, August 21st. Wall Street Zen upgraded TJX Companies from a “hold” rating to a “buy” rating in a report on Saturday, August 23rd. Erste Group Bank initiated coverage on TJX Companies in a report on Friday, September 5th. They set a “buy” rating for the company. Robert W. Baird upped their price target on TJX Companies from $143.00 to $152.00 and gave the stock an “outperform” rating in a report on Thursday, August 21st. Finally, JPMorgan Chase & Co. upped their price target on TJX Companies from $148.00 to $149.00 and gave the stock an “overweight” rating in a report on Monday, October 6th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of $149.00.

TJX Companies Stock Performance

Shares of NYSE:TJX opened at $140.13 on Monday. The business’s fifty day moving average price is $140.95 and its two-hundred day moving average price is $132.25. The TJX Companies, Inc. has a fifty-two week low of $111.73 and a fifty-two week high of $146.46. The stock has a market capitalization of $155.96 billion, a price-to-earnings ratio of 31.92, a price-to-earnings-growth ratio of 3.14 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 posted its quarterly earnings data on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 EPS 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 for the quarter, compared to analyst estimates of $14.12 billion. During the same quarter in the previous year, the firm earned $0.96 earnings per share. The business’s revenue 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. As a group, analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Announces Dividend

The business also recently announced 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 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 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.