Monetary Management Group Inc. Purchases 300 Shares of The TJX Companies, Inc. $TJX

Monetary Management Group Inc. lifted its position in The TJX Companies, Inc. (NYSE:TJXFree Report) by 2.3% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 13,090 shares of the apparel and home fashions retailer’s stock after purchasing an additional 300 shares during the period. Monetary Management Group Inc.’s holdings in TJX Companies were worth $1,594,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Clear Creek Financial Management LLC grew its holdings in TJX Companies by 1.8% during the 1st quarter. Clear Creek Financial Management LLC now owns 4,811 shares of the apparel and home fashions retailer’s stock valued at $586,000 after buying an additional 83 shares in the last quarter. Knuff & Co LLC grew its holdings in TJX Companies by 8.5% during the 1st quarter. Knuff & Co LLC now owns 1,056 shares of the apparel and home fashions retailer’s stock valued at $129,000 after buying an additional 83 shares in the last quarter. Salem Investment Counselors Inc. grew its holdings in TJX Companies by 2.2% during the 1st quarter. Salem Investment Counselors Inc. now owns 3,986 shares of the apparel and home fashions retailer’s stock valued at $485,000 after buying an additional 86 shares in the last quarter. Financial Network Wealth Advisors LLC grew its holdings in TJX Companies by 7.8% during the 1st quarter. Financial Network Wealth Advisors LLC now owns 1,207 shares of the apparel and home fashions retailer’s stock valued at $147,000 after buying an additional 87 shares in the last quarter. Finally, Amplius Wealth Advisors LLC grew its holdings in TJX Companies by 4.2% during the 1st quarter. Amplius Wealth Advisors LLC now owns 2,324 shares of the apparel and home fashions retailer’s stock valued at $283,000 after buying an additional 93 shares in the last quarter. Institutional investors own 91.09% of the company’s stock.

Insider Transactions at TJX Companies

In related news, Director Amy B. Lane sold 950 shares of the firm’s stock in a transaction on Tuesday, June 3rd. The stock was sold at an average price of $128.09, for a total value of $121,685.50. Following the completion of the sale, the director directly owned 22,712 shares in the company, valued at $2,909,180.08. This trade represents a 4.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.13% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on TJX. Macquarie reissued a “buy” rating on shares of TJX Companies in a report on Monday, August 11th. Robert W. Baird raised their target price on shares of TJX Companies from $143.00 to $152.00 and gave the company an “outperform” rating in a report on Thursday. UBS Group raised their target price on shares of TJX Companies from $164.00 to $172.00 and gave the company a “buy” rating in a report on Thursday. Daiwa America raised shares of TJX Companies to a “strong-buy” rating in a report on Tuesday, July 8th. Finally, Loop Capital set a $150.00 target price on shares of TJX Companies and gave the company a “buy” rating in a report on Thursday, May 22nd. One equities research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, TJX Companies presently has an average rating of “Buy” and a consensus price target of $147.58.

Read Our Latest Stock Report on TJX Companies

TJX Companies Stock Down 0.7%

Shares of TJX opened at $137.3490 on Friday. The company has a market cap of $153.43 billion, a PE ratio of 31.29, a P/E/G ratio of 3.18 and a beta of 0.89. The business has a fifty day moving average of $126.74 and a 200 day moving average of $125.40. The TJX Companies, Inc. has a 52-week low of $111.22 and a 52-week high of $145.58. The company has a quick ratio of 0.51, a current ratio of 1.17 and a debt-to-equity ratio of 0.32.

TJX Companies (NYSE:TJXGet Free Report) last issued its quarterly earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.01 by $0.09. The company had revenue of $14.40 billion during the quarter, compared to the consensus estimate of $14.12 billion. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.TJX Companies’s revenue was up 6.9% on a year-over-year basis. During the same period last year, the company earned $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, sell-side analysts expect that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 4th. Investors of record on Thursday, August 14th will be given a $0.425 dividend. The ex-dividend date is Thursday, August 14th. This represents a $1.70 dividend on an annualized basis and a yield of 1.2%. TJX Companies’s dividend payout ratio (DPR) is currently 40.00%.

TJX Companies Company Profile

(Free Report)

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.

Recommended Stories

Want to see what other hedge funds are holding TJX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The TJX Companies, Inc. (NYSE:TJXFree Report).

Institutional Ownership by Quarter for TJX Companies (NYSE:TJX)

Receive News & Ratings for TJX Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TJX Companies and related companies with MarketBeat.com's FREE daily email newsletter.