Arkadios Wealth Advisors Has $4.50 Million Stock Holdings in The TJX Companies, Inc. $TJX

Arkadios Wealth Advisors lifted its position in The TJX Companies, Inc. (NYSE:TJX) by 32.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 36,461 shares of the apparel and home fashions retailer’s stock after acquiring an additional 8,992 shares during the period. Arkadios Wealth Advisors’ holdings in TJX Companies were worth $4,502,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. Vanguard Group Inc. raised its position in shares of TJX Companies by 1.1% in the 1st quarter. Vanguard Group Inc. now owns 100,413,764 shares of the apparel and home fashions retailer’s stock valued at $12,230,396,000 after acquiring an additional 1,099,129 shares during the period. Ameriprise Financial Inc. raised its position in shares of TJX Companies by 0.3% in the 1st quarter. Ameriprise Financial Inc. now owns 13,068,312 shares of the apparel and home fashions retailer’s stock valued at $1,591,758,000 after acquiring an additional 35,800 shares during the period. Amundi increased its stake in TJX Companies by 10.2% during the 1st quarter. Amundi now owns 11,888,455 shares of the apparel and home fashions retailer’s stock worth $1,489,305,000 after purchasing an additional 1,104,292 shares in the last quarter. Nuveen LLC bought a new stake in TJX Companies during the 1st quarter worth approximately $1,330,717,000. Finally, Invesco Ltd. increased its stake in TJX Companies by 2.8% during the 1st quarter. Invesco Ltd. now owns 9,000,600 shares of the apparel and home fashions retailer’s stock worth $1,096,273,000 after purchasing an additional 247,579 shares in the last quarter. 91.09% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts recently issued reports on the company. Citigroup increased their target price on TJX Companies from $140.00 to $160.00 and gave the stock a “buy” rating in a research note on Thursday, August 21st. Morgan Stanley increased their target price on TJX Companies from $140.00 to $150.00 and gave the stock an “overweight” rating in a research note on Thursday, August 21st. Evercore ISI increased their target price on TJX Companies from $150.00 to $162.00 and gave the stock an “outperform” rating in a research note on Thursday, August 21st. Wells Fargo & Company set a $140.00 target price on TJX Companies and gave the stock an “equal weight” rating in a research note on Monday. Finally, Bank of America increased their target price 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 investment analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, TJX Companies presently has a consensus rating of “Buy” and a consensus target price of $149.00.

TJX Companies Price Performance

Shares of TJX opened at $141.61 on Thursday. The stock has a market capitalization of $157.61 billion, a P/E ratio of 32.26, a P/E/G ratio of 3.19 and a beta of 0.92. The TJX Companies, Inc. has a twelve month low of $111.73 and a twelve month high of $146.46. The company has a 50 day moving average of $140.77 and a 200-day moving average of $132.04. The company has a quick ratio of 0.52, a current ratio of 1.17 and a debt-to-equity ratio of 0.32.

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 for the quarter, topping the consensus estimate 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%. The business’s quarterly revenue was up 6.9% on a year-over-year basis. During the same period last year, the business earned $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 forecast that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 4th. Stockholders of record on Thursday, November 13th will be issued a $0.425 dividend. This represents a $1.70 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Thursday, November 13th. TJX Companies’s dividend payout ratio is presently 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.