Shell Asset Management Co. Has $4.63 Million Holdings in The TJX Companies, Inc. $TJX

Shell Asset Management Co. lifted its position in The TJX Companies, Inc. (NYSE:TJX) by 33.4% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 37,519 shares of the apparel and home fashions retailer’s stock after acquiring an additional 9,386 shares during the quarter. Shell Asset Management Co.’s holdings in TJX Companies were worth $4,633,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in TJX. TCTC Holdings LLC raised its position in TJX Companies by 210.1% during the first quarter. TCTC Holdings LLC now owns 214 shares of the apparel and home fashions retailer’s stock valued at $26,000 after buying an additional 145 shares during the period. Atlantic Edge Private Wealth Management LLC grew its stake in TJX Companies by 58.8% during 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 acquiring an additional 110 shares in the last quarter. Iron Horse Wealth Management LLC increased its holdings in shares of 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 purchasing an additional 149 shares during the period. Inlight Wealth Management LLC purchased a new stake in shares of TJX Companies in the first quarter worth approximately $37,000. Finally, Activest Wealth Management boosted its holdings in shares of TJX Companies by 4,485.7% during the first quarter. Activest Wealth Management now owns 321 shares of the apparel and home fashions retailer’s stock worth $39,000 after purchasing an additional 314 shares during the period. 91.09% of the stock is currently owned by hedge funds and other institutional investors.

TJX Companies Trading Down 0.3%

TJX Companies stock opened at $142.70 on Wednesday. The TJX Companies, Inc. has a one year low of $111.73 and a one year high of $145.58. The company’s fifty day moving average price is $137.20 and its two-hundred day moving average price is $129.75. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.17 and a quick ratio of 0.52. The company has a market capitalization of $158.81 billion, a price-to-earnings ratio of 32.51, a PEG ratio of 3.22 and a beta of 0.92.

TJX Companies (NYSE:TJX) last announced its quarterly earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share for the quarter, topping analysts’ consensus estimates of $1.01 by $0.09. The company had revenue of $14.40 billion during the quarter, compared to analysts’ expectations 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 quarter in the previous year, the firm 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, analysts forecast that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Dividend Announcement

The business also recently declared 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 annualized dividend and a yield of 1.2%. The ex-dividend date is Thursday, November 13th. TJX Companies’s dividend payout ratio (DPR) is 38.72%.

Wall Street Analyst Weigh In

Several research analysts have weighed in on TJX shares. Citigroup upped 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. Weiss Ratings reiterated a “buy (b+)” rating on shares of TJX Companies in a report on Saturday, September 27th. JPMorgan Chase & Co. lifted their price objective on TJX Companies from $148.00 to $149.00 and gave the company an “overweight” rating in a research report on Monday. UBS Group upped their target price on TJX Companies from $164.00 to $172.00 and gave the stock a “buy” rating in a research report on Thursday, August 21st. Finally, Evercore ISI lifted their price target on TJX Companies from $150.00 to $162.00 and gave the company an “outperform” rating in a report on Thursday, August 21st. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, TJX Companies has a consensus rating of “Buy” and a consensus 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.