Capricorn Fund Managers Ltd Raises Position in The TJX Companies, Inc. $TJX

Capricorn Fund Managers Ltd lifted its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 50.9% in the 2nd quarter, HoldingsChannel reports. The firm owned 41,499 shares of the apparel and home fashions retailer’s stock after buying an additional 13,999 shares during the quarter. TJX Companies accounts for 2.4% of Capricorn Fund Managers Ltd’s portfolio, making the stock its 17th biggest position. Capricorn Fund Managers Ltd’s holdings in TJX Companies were worth $5,125,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of TJX. TCTC Holdings LLC increased its stake 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 worth $26,000 after purchasing an additional 145 shares during the last quarter. Atlantic Edge Private Wealth Management LLC grew its stake in TJX Companies by 58.8% in the 1st quarter. Atlantic Edge Private Wealth Management LLC now owns 297 shares of the apparel and home fashions retailer’s stock valued at $36,000 after buying an additional 110 shares in the last quarter. Iron Horse Wealth Management LLC grew its stake in TJX Companies by 99.3% in the 1st quarter. Iron Horse Wealth Management LLC now owns 299 shares of the apparel and home fashions retailer’s stock valued at $36,000 after buying an additional 149 shares in the last quarter. Inlight Wealth Management LLC purchased a new position in TJX Companies in the 1st quarter valued at approximately $37,000. Finally, Activest Wealth Management grew its stake in TJX Companies by 4,485.7% in the 1st quarter. Activest Wealth Management now owns 321 shares of the apparel and home fashions retailer’s stock valued at $39,000 after buying an additional 314 shares in the last quarter. Hedge funds and other institutional investors own 91.09% of the company’s stock.

TJX Companies Stock Performance

NYSE TJX opened at $141.30 on Friday. The TJX Companies, Inc. has a 52-week low of $111.22 and a 52-week high of $145.58. 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 company has a market capitalization of $157.26 billion, a P/E ratio of 32.19, a P/E/G ratio of 3.21 and a beta of 0.92. The company has a fifty day moving average of $136.51 and a 200-day moving average of $129.30.

TJX Companies (NYSE:TJX) last posted its quarterly earnings data 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. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. The company had revenue of $14.40 billion during the quarter, compared to the consensus estimate of $14.12 billion. During the same period in the previous year, the firm posted $0.96 EPS. The firm’s 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, equities research analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 4th. Shareholders 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 annualized dividend and a yield of 1.2%. TJX Companies’s payout ratio is currently 38.72%.

Analyst Ratings Changes

A number of research analysts recently weighed in on the stock. Wall Street Zen upgraded shares of TJX Companies from a “hold” rating to a “buy” rating in a research note on Saturday, August 23rd. Daiwa Capital Markets assumed coverage on shares of TJX Companies in a research note on Tuesday, July 8th. They issued an “outperform” rating and a $133.00 price objective for the company. UBS Group lifted their price objective on shares of TJX Companies from $164.00 to $172.00 and gave the company a “buy” rating in a research note on Thursday, August 21st. Citigroup lifted their price objective on shares of TJX Companies from $140.00 to $160.00 and gave the company a “buy” rating in a research note on Thursday, August 21st. Finally, Daiwa America raised shares of TJX Companies to a “strong-buy” rating in a report on Tuesday, July 8th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, TJX Companies presently has an average rating of “Buy” and a consensus price target of $147.58.

TJX Companies 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.