Perigon Wealth Management LLC Buys 754 Shares of The TJX Companies, Inc. $TJX

Perigon Wealth Management LLC boosted its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 5.1% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,684 shares of the apparel and home fashions retailer’s stock after buying an additional 754 shares during the period. Perigon Wealth Management LLC’s holdings in TJX Companies were worth $1,937,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its stake in TJX Companies by 1.1% during the 1st quarter. Vanguard Group Inc. now owns 100,413,764 shares of the apparel and home fashions retailer’s stock valued at $12,230,396,000 after purchasing an additional 1,099,129 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in TJX Companies by 0.3% during the 1st quarter. Ameriprise Financial Inc. now owns 13,068,312 shares of the apparel and home fashions retailer’s stock valued at $1,591,758,000 after purchasing an additional 35,800 shares during the last quarter. Amundi boosted its stake in TJX Companies by 10.2% during the 1st quarter. Amundi now owns 11,888,455 shares of the apparel and home fashions retailer’s stock valued at $1,489,305,000 after purchasing an additional 1,104,292 shares during the last quarter. Nuveen LLC purchased a new stake in TJX Companies during the 1st quarter valued at $1,330,717,000. Finally, Invesco Ltd. boosted its stake in TJX Companies by 2.8% during the 1st quarter. Invesco Ltd. now owns 9,000,600 shares of the apparel and home fashions retailer’s stock valued at $1,096,273,000 after purchasing an additional 247,579 shares during the last quarter. Institutional investors own 91.09% of the company’s stock.

TJX Companies Price Performance

Shares of TJX Companies stock opened at $143.09 on Friday. The stock has a 50 day moving average of $134.77 and a 200 day moving average of $128.30. The TJX Companies, Inc. has a 12 month low of $111.22 and a 12 month high of $145.58. The firm has a market cap of $159.25 billion, a PE ratio of 32.60, a PEG ratio of 3.18 and a beta of 0.90. The company has a current ratio of 1.17, a quick ratio of 0.52 and a debt-to-equity ratio of 0.32.

TJX Companies (NYSE:TJX) last announced its quarterly earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 EPS for the quarter, beating analysts’ consensus estimates of $1.01 by $0.09. The company had revenue of $14.40 billion during the quarter, compared to analyst estimates of $14.12 billion. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.The firm’s revenue was up 6.9% on a year-over-year basis. During the same period in the prior 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, research analysts expect 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 issued a dividend of $0.425 per share. The ex-dividend date is Thursday, November 13th. This represents a $1.70 dividend on an annualized basis and a yield of 1.2%. TJX Companies’s dividend payout ratio is currently 38.72%.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on TJX shares. JPMorgan Chase & Co. raised their price target on TJX Companies from $145.00 to $148.00 and gave the stock an “overweight” rating in a research note on Thursday, August 21st. Wall Street Zen upgraded TJX Companies from a “hold” rating to a “buy” rating in a research note on Saturday, August 23rd. Telsey Advisory Group restated an “outperform” rating and issued a $155.00 price target (up from $150.00) on shares of TJX Companies in a research note on Wednesday, August 20th. Daiwa Capital Markets initiated coverage on TJX Companies in a research note on Tuesday, July 8th. They issued an “outperform” rating and a $133.00 price target on the stock. Finally, Macquarie reiterated a “buy” rating on shares of TJX Companies in a research report on Monday, August 11th. One equities research 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.com, the stock presently has an average rating of “Buy” and an average target price 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.