Hoese & Co LLP Purchases Shares of 2,500 The TJX Companies, Inc. $TJX

Hoese & Co LLP purchased a new stake in The TJX Companies, Inc. (NYSE:TJX) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 2,500 shares of the apparel and home fashions retailer’s stock, valued at approximately $309,000. TJX Companies makes up about 0.2% of Hoese & Co LLP’s investment portfolio, making the stock its 27th largest holding.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Pinnacle Financial Partners Inc increased its position in shares of TJX Companies by 2.2% during the first 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. FCG Investment Co purchased a new stake in shares of TJX Companies during the 1st quarter valued at approximately $2,620,000. MinichMacGregor Wealth Management LLC purchased a new stake in shares of TJX Companies during the 2nd quarter valued at approximately $5,045,000. Mainstream Capital Management LLC lifted its stake in shares of TJX Companies by 4.3% during 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. Finally, Parr Mcknight Wealth Management Group LLC lifted its stake in shares of TJX Companies by 12.6% during the 1st quarter. Parr Mcknight Wealth Management Group LLC now owns 40,840 shares of the apparel and home fashions retailer’s stock valued at $4,974,000 after buying an additional 4,579 shares in the last quarter. 91.09% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

TJX has been the topic of a number of analyst reports. Weiss Ratings reaffirmed a “buy (b+)” rating on shares of TJX Companies in a report on Wednesday, October 8th. Telsey Advisory Group reissued an “outperform” rating and issued a $155.00 price target (up previously from $150.00) on shares of TJX Companies in a report on Wednesday, August 20th. Daiwa Capital Markets started 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. Macquarie reissued a “buy” rating on shares of TJX Companies in a research report on Monday, August 11th. Finally, Citigroup increased their price target on shares of TJX Companies from $140.00 to $160.00 and gave the company a “buy” rating in a research report on Thursday, August 21st. One research analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, TJX Companies currently has a consensus rating of “Buy” and an average price target of $148.50.

TJX Companies Trading Up 1.0%

Shares of NYSE TJX opened at $143.95 on Friday. The TJX Companies, Inc. has a 1 year low of $111.73 and a 1 year high of $146.46. The stock has a market cap of $160.21 billion, a P/E ratio of 32.79, a price-to-earnings-growth ratio of 3.16 and a beta of 0.92. The firm has a 50-day moving average of $139.33 and a 200 day moving average of $130.88. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.17 and a quick ratio of 0.52.

TJX Companies (NYSE:TJX) last issued its quarterly earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share (EPS) for the quarter, beating 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 net margin of 8.59% and a return on equity of 58.63%. TJX Companies’s revenue was up 6.9% on a year-over-year basis. During the same period last year, the company posted $0.96 EPS. 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 expect that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 4th. Shareholders of record on Thursday, November 13th will be paid a dividend of $0.425 per share. This represents a $1.70 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Thursday, November 13th. TJX Companies’s dividend payout ratio (DPR) is currently 38.72%.

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.