The TJX Companies, Inc. $TJX Shares Sold by Optas LLC

Optas LLC decreased its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 7.0% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 6,434 shares of the apparel and home fashions retailer’s stock after selling 487 shares during the period. Optas LLC’s holdings in TJX Companies were worth $795,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Pinnacle Financial Partners Inc boosted its stake in shares of TJX Companies by 2.2% during the 1st quarter. Pinnacle Financial Partners Inc now owns 387,342 shares of the apparel and home fashions retailer’s stock worth $46,989,000 after acquiring an additional 8,319 shares in the last quarter. State of Alaska Department of Revenue lifted its stake in TJX Companies by 1.7% in the 1st quarter. State of Alaska Department of Revenue now owns 181,712 shares of the apparel and home fashions retailer’s stock valued at $22,132,000 after buying an additional 3,125 shares in the last quarter. FCG Investment Co purchased a new stake in TJX Companies in the 1st quarter valued at approximately $2,620,000. MinichMacGregor Wealth Management LLC purchased a new stake in TJX Companies in the 2nd quarter valued at approximately $5,045,000. Finally, Mainstream Capital Management LLC lifted its stake in TJX Companies by 4.3% in the 1st quarter. Mainstream Capital Management LLC now owns 12,450 shares of the apparel and home fashions retailer’s stock valued at $1,516,000 after buying an additional 515 shares in the last quarter. Institutional investors and hedge funds own 91.09% of the company’s stock.

TJX Companies Stock Down 1.4%

Shares of NYSE TJX opened at $140.68 on Thursday. The TJX Companies, Inc. has a 12-month low of $111.73 and a 12-month high of $145.58. The company has a market cap of $156.57 billion, a P/E ratio of 32.05, a P/E/G ratio of 3.17 and a beta of 0.92. The company has a current ratio of 1.17, a quick ratio of 0.52 and a debt-to-equity ratio of 0.32. The stock has a fifty day moving average price of $137.50 and a 200 day moving average price of $129.83.

TJX Companies (NYSE:TJX) last announced its earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share for the quarter, beating the consensus estimate of $1.01 by $0.09. The company had revenue of $14.40 billion during the quarter, compared to the consensus estimate of $14.12 billion. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.The company’s revenue was up 6.9% on a year-over-year basis. During the same period last 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. Research analysts anticipate that The TJX Companies, Inc. will post 4.18 EPS 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. Stockholders of record on Thursday, November 13th will be given a dividend of $0.425 per share. The ex-dividend date of this dividend is Thursday, November 13th. This represents a $1.70 annualized dividend and a dividend yield of 1.2%. TJX Companies’s dividend payout ratio (DPR) is presently 38.72%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on TJX shares. Citigroup upped their target price on TJX Companies from $140.00 to $160.00 and gave the company a “buy” rating in a research note on Thursday, August 21st. Sanford C. Bernstein upped their target price on TJX Companies from $145.00 to $152.00 and gave the company an “outperform” rating in a research note on Thursday, August 21st. Daiwa Capital Markets started coverage on TJX Companies in a research note on Tuesday, July 8th. They issued an “outperform” rating and a $133.00 target price on the stock. Morgan Stanley upped their target price on TJX Companies from $140.00 to $150.00 and gave the company an “overweight” rating in a research note on Thursday, August 21st. Finally, Bank of America increased their price target on TJX Companies from $145.00 to $150.00 and gave the stock a “buy” rating in a research note on Thursday, August 21st. 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 company. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $147.63.

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.