Transcend Capital Advisors LLC Has $3.44 Million Position in The TJX Companies, Inc. $TJX

Transcend Capital Advisors LLC lessened its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 7.5% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 27,864 shares of the apparel and home fashions retailer’s stock after selling 2,243 shares during the period. Transcend Capital Advisors LLC’s holdings in TJX Companies were worth $3,441,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. CCLA Investment Management increased its stake in TJX Companies by 7.7% during the 2nd quarter. CCLA Investment Management now owns 797,600 shares of the apparel and home fashions retailer’s stock valued at $98,471,000 after purchasing an additional 56,711 shares in the last quarter. GoalVest Advisory LLC increased its stake in TJX Companies by 12.4% during the 2nd quarter. GoalVest Advisory LLC now owns 6,640 shares of the apparel and home fashions retailer’s stock valued at $820,000 after purchasing an additional 732 shares in the last quarter. Banco Santander S.A. increased its stake in TJX Companies by 15.3% during the 2nd quarter. Banco Santander S.A. now owns 128,737 shares of the apparel and home fashions retailer’s stock valued at $15,898,000 after purchasing an additional 17,041 shares in the last quarter. Ashton Thomas Private Wealth LLC increased its stake in TJX Companies by 0.5% during the 2nd quarter. Ashton Thomas Private Wealth LLC now owns 23,532 shares of the apparel and home fashions retailer’s stock valued at $2,906,000 after purchasing an additional 120 shares in the last quarter. Finally, OVERSEA CHINESE BANKING Corp Ltd increased its stake in TJX Companies by 0.5% during the 2nd quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 170,709 shares of the apparel and home fashions retailer’s stock valued at $21,071,000 after purchasing an additional 771 shares in the last quarter. Institutional investors own 91.09% of the company’s stock.

TJX Companies Stock Performance

NYSE TJX opened at $141.90 on Monday. The TJX Companies, Inc. has a 1 year low of $111.73 and a 1 year high of $146.46. 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 firm has a market cap of $157.92 billion, a price-to-earnings ratio of 32.32, a PEG ratio of 3.15 and a beta of 0.92. The company has a fifty day moving average price of $140.31 and a 200-day moving average price of $131.71.

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, topping the consensus estimate of $1.01 by $0.09. The firm had revenue of $14.40 billion during the quarter, compared to analyst estimates of $14.12 billion. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. The business’s revenue was up 6.9% compared to the same quarter last year. During the same quarter in the prior year, the business 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, equities research analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 4th. Shareholders of record on Thursday, November 13th will be paid a $0.425 dividend. 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 payout ratio is presently 38.72%.

Analysts Set New Price Targets

A number of brokerages have commented on TJX. Evercore ISI boosted their price target on shares of TJX Companies from $150.00 to $162.00 and gave the company an “outperform” rating in a research note on Thursday, August 21st. Daiwa Capital Markets began coverage on shares of TJX Companies in a research note on Tuesday, July 8th. They set an “outperform” rating and a $133.00 price target for the company. Telsey Advisory Group restated an “outperform” rating and set a $155.00 price target (up previously from $150.00) on shares of TJX Companies in a research note on Wednesday, August 20th. BTIG Research started coverage on shares of TJX Companies in a research note on Tuesday, October 14th. They issued a “buy” rating and a $165.00 target price for the company. Finally, Robert W. Baird upped their target price on shares of TJX Companies from $143.00 to $152.00 and gave the stock an “outperform” rating in a research note on Thursday, August 21st. One analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $148.50.

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.