The TJX Companies, Inc. $TJX Shares Sold by Alexis Investment Partners LLC

Alexis Investment Partners LLC lowered its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 4.7% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,666 shares of the apparel and home fashions retailer’s stock after selling 429 shares during the quarter. Alexis Investment Partners LLC’s holdings in TJX Companies were worth $1,069,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Pinnacle Financial Partners Inc increased its position in 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 purchasing an additional 8,319 shares in the last quarter. FCG Investment Co purchased a new stake in shares of TJX Companies during the first quarter valued at approximately $2,620,000. MinichMacGregor Wealth Management LLC acquired a new stake in TJX Companies during the 2nd quarter valued at $5,045,000. Mainstream Capital Management LLC grew its holdings in 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 purchasing an additional 515 shares in the last quarter. Finally, Parr Mcknight Wealth Management Group LLC grew its holdings in 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 purchasing an additional 4,579 shares in the last quarter. Institutional investors and hedge funds own 91.09% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on TJX shares. BTIG Research initiated coverage on shares of TJX Companies in a report on Tuesday, October 14th. They set a “buy” rating and a $165.00 price target for the company. Robert W. Baird raised their price target on shares of TJX Companies from $143.00 to $152.00 and gave the stock an “outperform” rating in a research report on Thursday, August 21st. Weiss Ratings reissued a “buy (b+)” rating on shares of TJX Companies in a research report on Wednesday, October 8th. Sanford C. Bernstein raised their price objective on TJX Companies from $145.00 to $152.00 and gave the stock an “outperform” rating in a research note on Thursday, August 21st. Finally, Daiwa Capital Markets started coverage on TJX Companies in a research note on Tuesday, July 8th. They set an “outperform” rating and a $133.00 price objective on the stock. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, TJX Companies presently has a consensus rating of “Buy” and a consensus price target of $148.50.

TJX Companies Stock Performance

TJX stock opened at $143.95 on Monday. 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 stock has a market capitalization of $160.21 billion, a price-to-earnings ratio of 32.79, a PEG ratio of 3.19 and a beta of 0.92. The TJX Companies, Inc. has a 1 year low of $111.73 and a 1 year high of $146.46. The stock’s fifty day moving average is $139.33 and its two-hundred day moving average is $130.96.

TJX Companies (NYSE:TJX) last posted its 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 for 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 firm’s quarterly revenue was up 6.9% compared to the same quarter last year. During the same period last year, the business posted $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, research analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Announces Dividend

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

About TJX Companies

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.