Sachetta LLC Sells 259 Shares of The TJX Companies, Inc. $TJX

Sachetta LLC reduced its stake in The TJX Companies, Inc. (NYSE:TJX) by 33.7% during the 2nd quarter, HoldingsChannel reports. The fund owned 509 shares of the apparel and home fashions retailer’s stock after selling 259 shares during the quarter. Sachetta LLC’s holdings in TJX Companies were worth $63,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in TJX. Nuveen LLC bought a new stake in TJX Companies in the 1st quarter valued at $1,330,717,000. Assenagon Asset Management S.A. lifted its position in TJX Companies by 65.8% during the 1st quarter. Assenagon Asset Management S.A. now owns 3,282,351 shares of the apparel and home fashions retailer’s stock worth $399,790,000 after buying an additional 1,302,845 shares in the last quarter. Amundi lifted its position 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 worth $1,489,305,000 after buying an additional 1,104,292 shares in the last quarter. Vanguard Group Inc. lifted its position 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 worth $12,230,396,000 after buying an additional 1,099,129 shares in the last quarter. Finally, Goldman Sachs Group Inc. lifted its position in TJX Companies by 17.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 6,807,714 shares of the apparel and home fashions retailer’s stock worth $829,180,000 after buying an additional 1,025,329 shares in the last quarter. 91.09% of the stock is owned by institutional investors.

TJX Companies Stock Down 0.3%

Shares of TJX opened at $142.70 on Wednesday. The TJX Companies, Inc. has a 52 week low of $111.73 and a 52 week high of $145.58. The firm has a market cap of $158.81 billion, a P/E ratio of 32.51, a price-to-earnings-growth ratio of 3.22 and a beta of 0.92. The firm’s 50-day simple moving average is $137.20 and its 200 day simple moving average is $129.75. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.52 and a current ratio of 1.17.

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. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. The business had revenue of $14.40 billion for the quarter, compared to analyst estimates of $14.12 billion. During the same quarter in the prior year, the business earned $0.96 EPS. TJX Companies’s quarterly revenue was up 6.9% on a year-over-year basis. 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, analysts forecast that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Announces Dividend

The firm 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 $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 yield of 1.2%. TJX Companies’s payout ratio is currently 38.72%.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. Daiwa America raised shares of TJX Companies to a “strong-buy” rating in a research report on Tuesday, July 8th. Weiss Ratings reissued a “buy (b+)” rating on shares of TJX Companies in a research report on Saturday, September 27th. Barclays boosted their price target on shares of TJX Companies from $147.00 to $155.00 and gave the stock an “overweight” rating in a research report on Thursday, August 21st. Evercore ISI boosted their price objective on shares of TJX Companies from $150.00 to $162.00 and gave the stock an “outperform” rating in a research note on Thursday, August 21st. Finally, Macquarie restated a “buy” rating on shares of TJX Companies in a research note on Monday, August 11th. One 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 stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $147.63.

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.