Novem Group Has $685,000 Stake in The TJX Companies, Inc. $TJX

Novem Group reduced its holdings in The TJX Companies, Inc. (NYSE:TJX) by 2.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,549 shares of the apparel and home fashions retailer’s stock after selling 127 shares during the period. Novem Group’s holdings in TJX Companies were worth $685,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the company. Brighton Jones LLC raised its position in TJX Companies by 113.7% in the 4th quarter. Brighton Jones LLC now owns 15,039 shares of the apparel and home fashions retailer’s stock valued at $1,817,000 after purchasing an additional 8,002 shares during the last quarter. Revolve Wealth Partners LLC increased its holdings in TJX Companies by 12.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 2,172 shares of the apparel and home fashions retailer’s stock valued at $262,000 after purchasing an additional 235 shares during the last quarter. Bison Wealth LLC increased its stake in shares of TJX Companies by 32.9% in the 4th quarter. Bison Wealth LLC now owns 3,856 shares of the apparel and home fashions retailer’s stock valued at $466,000 after acquiring an additional 955 shares during the last quarter. Centaurus Financial Inc. increased its holdings in shares of TJX Companies by 63.1% in the fourth quarter. Centaurus Financial Inc. now owns 1,396 shares of the apparel and home fashions retailer’s stock worth $169,000 after acquiring an additional 540 shares in the last quarter. Finally, NorthCrest Asset Manangement LLC increased its holdings in shares of TJX Companies by 27.9% in the fourth quarter. NorthCrest Asset Manangement LLC now owns 4,674 shares of the apparel and home fashions retailer’s stock worth $565,000 after acquiring an additional 1,019 shares in the last quarter. Institutional investors and hedge funds own 91.09% of the company’s stock.

TJX Companies Trading Up 1.2%

Shares of TJX stock opened at $143.09 on Friday. 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 $111.22 and a fifty-two week high of $145.58. The company has a market cap of $159.25 billion, a PE ratio of 32.60, a P/E/G ratio of 3.18 and a beta of 0.90. The stock’s fifty day moving average price is $134.77 and its two-hundred day moving average price is $128.30.

TJX Companies (NYSE:TJX) last announced its earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 EPS for the quarter, topping the consensus estimate of $1.01 by $0.09. The firm had revenue of $14.40 billion for 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%.The business’s quarterly revenue was up 6.9% compared to the same quarter last year. During the same period in the previous year, the business earned $0.96 EPS. TJX Companies has set its FY 2026 guidance at 4.520-4.570 EPS. Q3 2026 guidance at 1.170-1.190 EPS. Equities 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 disclosed a quarterly dividend, which will be paid on Thursday, December 4th. Shareholders of record on Thursday, November 13th will be issued a dividend of $0.425 per share. This represents a $1.70 dividend on an annualized basis and a 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

TJX has been the subject of several recent research reports. Robert W. Baird upped their price objective on TJX Companies from $143.00 to $152.00 and gave the stock an “outperform” rating in a research report on Thursday, August 21st. Erste Group Bank assumed coverage on TJX Companies in a research note on Friday, September 5th. They issued a “buy” rating on the stock. Sanford C. Bernstein upped their price objective on TJX Companies from $145.00 to $152.00 and gave the company an “outperform” rating in a research note on Thursday, August 21st. Macquarie restated a “buy” rating on shares of TJX Companies in a research note on Monday, August 11th. Finally, Barclays upped their price objective on TJX Companies from $147.00 to $155.00 and gave the company an “overweight” rating in a research note on Thursday, August 21st. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of $147.58.

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.