Mission Wealth Management LP Has $1.43 Million Position in The TJX Companies, Inc. $TJX

Mission Wealth Management LP increased its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 3.4% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 11,582 shares of the apparel and home fashions retailer’s stock after buying an additional 385 shares during the quarter. Mission Wealth Management LP’s holdings in TJX Companies were worth $1,430,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of TJX. Nuveen LLC acquired a new stake in shares of TJX Companies during the 1st quarter valued at $1,330,717,000. Mirova US LLC boosted its position in TJX Companies by 164.5% during the second quarter. Mirova US LLC now owns 2,699,156 shares of the apparel and home fashions retailer’s stock valued at $333,319,000 after purchasing an additional 1,678,665 shares during the last quarter. Amundi boosted its position in TJX Companies by 10.2% during the first quarter. Amundi now owns 11,888,455 shares of the apparel and home fashions retailer’s stock valued at $1,489,305,000 after purchasing an additional 1,104,292 shares during the last quarter. Vanguard Group Inc. boosted its position in TJX Companies by 1.1% during the first 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 purchasing an additional 1,099,129 shares during the last quarter. Finally, Goldman Sachs Group Inc. boosted its position in TJX Companies by 17.7% during the first quarter. Goldman Sachs Group Inc. now owns 6,807,714 shares of the apparel and home fashions retailer’s stock valued at $829,180,000 after purchasing an additional 1,025,329 shares during the last quarter. Institutional investors and hedge funds own 91.09% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on TJX shares. UBS Group lifted their price target on TJX Companies from $164.00 to $172.00 and gave the company a “buy” rating in a report on Thursday, August 21st. Telsey Advisory Group reiterated an “outperform” rating and issued a $155.00 target price (up from $150.00) on shares of TJX Companies in a research note on Wednesday, August 20th. Evercore ISI lifted their target price 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 issued an “outperform” rating and a $133.00 target price for the company. Finally, Wells Fargo & Company set a $140.00 price objective on shares of TJX Companies and gave the company an “equal weight” rating in a research note on Monday, October 27th. 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, the stock has an average rating of “Buy” and a consensus price target of $149.00.

TJX Companies Stock Down 1.5%

TJX opened at $140.13 on Monday. The business has a 50 day moving average price of $140.95 and a 200 day moving average price of $132.25. The TJX Companies, Inc. has a twelve month low of $111.73 and a twelve month high of $146.46. 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 firm has a market cap of $155.96 billion, a P/E ratio of 31.92, a price-to-earnings-growth ratio of 3.14 and a beta of 0.92.

TJX Companies (NYSE:TJX) last issued its quarterly earnings data on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share for the quarter, topping analysts’ consensus estimates of $1.01 by $0.09. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. The business had revenue of $14.40 billion during the quarter, compared to analysts’ expectations of $14.12 billion. During the same period in the previous year, the company earned $0.96 earnings per share. TJX Companies’s revenue for the quarter was up 6.9% on a year-over-year basis. 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 forecast 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. The ex-dividend date is Thursday, November 13th. This represents a $1.70 dividend on an annualized basis and a dividend yield of 1.2%. TJX Companies’s payout ratio is 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.