Magnolia Capital Advisors LLC Trims Stake in The TJX Companies, Inc. $TJX

Magnolia Capital Advisors LLC decreased its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 5.8% during the second quarter, according to its most recent filing with the SEC. The firm owned 10,125 shares of the apparel and home fashions retailer’s stock after selling 624 shares during the period. Magnolia Capital Advisors LLC’s holdings in TJX Companies were worth $1,250,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in TJX. Nuveen LLC purchased a new position in shares of TJX Companies during the 1st quarter worth approximately $1,330,717,000. Mirova US LLC grew its holdings in shares of TJX Companies by 164.5% during the 2nd quarter. Mirova US LLC now owns 2,699,156 shares of the apparel and home fashions retailer’s stock worth $333,319,000 after acquiring an additional 1,678,665 shares during the period. Amundi grew its stake in shares of TJX Companies by 10.2% in 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 buying an additional 1,104,292 shares during the last quarter. Vanguard Group Inc. grew its stake 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 worth $12,230,396,000 after buying an additional 1,099,129 shares during the last quarter. Finally, Goldman Sachs Group Inc. grew its stake in shares of TJX Companies by 17.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 6,807,714 shares of the apparel and home fashions retailer’s stock worth $829,180,000 after buying an additional 1,025,329 shares during the last quarter. Hedge funds and other institutional investors own 91.09% of the company’s stock.

Analyst Ratings Changes

TJX has been the topic of several recent analyst reports. Erste Group Bank initiated coverage on TJX Companies in a research note on Friday, September 5th. They set a “buy” rating on the stock. Daiwa Capital Markets initiated coverage on TJX Companies in a report on Tuesday, July 8th. They set an “outperform” rating and a $133.00 price target on the stock. Robert W. Baird increased their price target on TJX Companies from $143.00 to $152.00 and gave the company an “outperform” rating in a report on Thursday, August 21st. Citigroup increased their price target on TJX Companies from $140.00 to $160.00 and gave the company a “buy” rating in a report on Thursday, August 21st. Finally, Macquarie reissued a “buy” rating on shares of TJX Companies in a report on Monday, August 11th. One investment 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 company’s stock. According to data from MarketBeat, TJX Companies has a consensus rating of “Buy” and an average target price of $149.00.

TJX Companies Price Performance

NYSE:TJX opened at $140.27 on Tuesday. The company has a quick ratio of 0.52, a current ratio of 1.17 and a debt-to-equity ratio of 0.32. The business’s 50-day simple moving average is $141.04 and its two-hundred day simple moving average is $132.34. The stock has a market cap of $156.11 billion, a PE ratio of 31.95, a P/E/G ratio of 3.14 and a beta of 0.92. The TJX Companies, Inc. has a 52 week low of $111.73 and a 52 week high of $146.46.

TJX Companies (NYSE:TJX) last posted its quarterly earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 EPS for the quarter, beating analysts’ consensus estimates of $1.01 by $0.09. The business 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 business’s quarterly revenue was up 6.9% on a year-over-year basis. During the same period last year, the firm earned $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. As a group, analysts forecast that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 4th. Stockholders of record on Thursday, November 13th will be given 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 dividend payout ratio (DPR) is presently 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.