LVW Advisors LLC increased its holdings in The TJX Companies, Inc. (NYSE:TJX – Free Report) by 24.5% in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 4,156 shares of the apparel and home fashions retailer’s stock after buying an additional 818 shares during the quarter. LVW Advisors LLC’s holdings in TJX Companies were worth $513,000 at the end of the most recent reporting period.
Several other large investors also recently bought and sold shares of the business. Vanguard Group Inc. increased its holdings in TJX Companies by 1.1% in the 1st quarter. Vanguard Group Inc. now owns 100,413,764 shares of the apparel and home fashions retailer’s stock worth $12,230,396,000 after buying an additional 1,099,129 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in TJX Companies by 0.3% in the 1st quarter. Ameriprise Financial Inc. now owns 13,068,312 shares of the apparel and home fashions retailer’s stock worth $1,591,758,000 after buying an additional 35,800 shares in the last quarter. Amundi increased its holdings in TJX Companies by 10.2% in the 1st quarter. Amundi now owns 11,888,455 shares of the apparel and home fashions retailer’s stock worth $1,489,305,000 after buying an additional 1,104,292 shares in the last quarter. Nuveen LLC bought a new stake in TJX Companies in the 1st quarter worth about $1,330,717,000. Finally, Invesco Ltd. grew its stake in shares of 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 period. 91.09% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
A number of research firms have issued reports on TJX. Erste Group Bank began coverage on TJX Companies in a research note on Friday, September 5th. They set a “buy” rating for the company. Macquarie reiterated a “buy” rating on shares of TJX Companies in a research note on Monday, August 11th. JPMorgan Chase & Co. upped their price objective on TJX Companies from $145.00 to $148.00 and gave the stock an “overweight” rating in a report on Thursday, August 21st. Telsey Advisory Group restated an “outperform” rating and set a $155.00 price target (up previously from $150.00) on shares of TJX Companies in a report on Wednesday, August 20th. Finally, 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 report on Thursday, August 21st. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $147.58.
TJX Companies Stock Up 1.2%
TJX Companies stock opened at $143.09 on Friday. The firm has a market cap of $159.25 billion, a price-to-earnings ratio of 32.60, a price-to-earnings-growth ratio of 3.22 and a beta of 0.90. The TJX Companies, Inc. has a 52 week low of $111.22 and a 52 week high of $145.58. The business’s 50-day moving average price is $134.77 and its 200 day moving average price is $128.39. The company has a quick ratio of 0.52, a current ratio of 1.17 and a debt-to-equity ratio of 0.32.
TJX Companies (NYSE:TJX – Get Free Report) last issued its quarterly earnings data on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 EPS for the quarter, beating the consensus estimate 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 period last year, the company earned $0.96 earnings per share. TJX Companies’s quarterly revenue was up 6.9% compared to the same quarter last year. 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, sell-side analysts anticipate 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. Stockholders 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 dividend on an annualized basis and a dividend yield of 1.2%. TJX Companies’s payout ratio is currently 38.72%.
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.
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