Journey Strategic Wealth LLC Raises Stock Position in The TJX Companies, Inc. $TJX

Journey Strategic Wealth LLC increased its holdings in The TJX Companies, Inc. (NYSE:TJX) by 27.4% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 12,024 shares of the apparel and home fashions retailer’s stock after buying an additional 2,587 shares during the quarter. Journey Strategic Wealth LLC’s holdings in TJX Companies were worth $1,485,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. TCTC Holdings LLC raised its position in shares of TJX Companies by 210.1% during the 1st quarter. TCTC Holdings LLC now owns 214 shares of the apparel and home fashions retailer’s stock valued at $26,000 after purchasing an additional 145 shares during the period. Princeton Global Asset Management LLC purchased a new position in TJX Companies during the 2nd quarter valued at approximately $28,000. Legacy Investment Solutions LLC bought a new stake in TJX Companies in the second quarter worth $32,000. True Wealth Design LLC raised its position in shares of TJX Companies by 121.1% during the 2nd quarter. True Wealth Design LLC now owns 272 shares of the apparel and home fashions retailer’s stock valued at $34,000 after buying an additional 149 shares in the last quarter. Finally, Activest Wealth Management raised its position in TJX Companies by 4,485.7% during the first quarter. Activest Wealth Management now owns 321 shares of the apparel and home fashions retailer’s stock valued at $39,000 after purchasing an additional 314 shares during the period. Hedge funds and other institutional investors own 91.09% of the company’s stock.

TJX Companies Stock Performance

NYSE TJX opened at $148.20 on Friday. The firm has a market capitalization of $164.94 billion, a P/E ratio of 33.76, a PEG ratio of 3.14 and a beta of 0.90. The stock has a 50-day simple moving average of $142.81 and a two-hundred day simple moving average of $133.94. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.52 and a current ratio of 1.17. The TJX Companies, Inc. has a fifty-two week low of $112.10 and a fifty-two week high of $151.00.

TJX Companies (NYSE:TJX) last announced its quarterly earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 earnings per share for the quarter, beating the consensus estimate of $1.22 by $0.06. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.The company had revenue of $15.12 billion during the quarter, compared to analysts’ expectations of $14.80 billion. During the same period last year, the business earned $1.14 earnings per share. TJX Companies’s quarterly revenue was up 7.5% on a year-over-year basis. TJX Companies has set its Q4 2026 guidance at 1.330-1.360 EPS. FY 2026 guidance at 4.630-4.660 EPS. On average, equities analysts forecast that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Dividend Announcement

The company also recently declared 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 yield of 1.1%. The ex-dividend date is Thursday, November 13th. TJX Companies’s dividend payout ratio (DPR) is currently 38.72%.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the stock. The Goldman Sachs Group increased their price objective on shares of TJX Companies from $163.00 to $170.00 and gave the stock a “buy” rating in a research report on Thursday. Barclays reissued an “overweight” rating and set a $168.00 target price (up previously from $155.00) on shares of TJX Companies in a research report on Thursday. Sanford C. Bernstein boosted their price target on TJX Companies from $152.00 to $155.00 and gave the stock an “outperform” rating in a research report on Thursday. Macquarie reaffirmed a “buy” rating on shares of TJX Companies in a report on Monday, August 11th. Finally, Morgan Stanley reissued an “overweight” rating and set a $162.00 target price (up previously from $159.00) on shares of TJX Companies in a research report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of $158.90.

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.