Ellevest Inc. Decreases Stock Holdings in The TJX Companies, Inc. $TJX

Ellevest Inc. trimmed its holdings in The TJX Companies, Inc. (NYSE:TJX) by 4.7% during the second quarter, HoldingsChannel reports. The firm owned 9,387 shares of the apparel and home fashions retailer’s stock after selling 462 shares during the period. Ellevest Inc.’s holdings in TJX Companies were worth $1,159,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of the business. Vanguard Group Inc. lifted its stake in 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 purchasing an additional 1,099,129 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings in TJX Companies by 0.3% in the first 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 last quarter. Amundi lifted its holdings in TJX Companies by 10.2% in 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 acquiring an additional 1,104,292 shares during the last quarter. Nuveen LLC acquired a new position in TJX Companies in the first quarter valued at approximately $1,330,717,000. Finally, Invesco Ltd. lifted its holdings in TJX Companies by 2.8% in the first quarter. Invesco Ltd. now owns 9,000,600 shares of the apparel and home fashions retailer’s stock valued at $1,096,273,000 after acquiring an additional 247,579 shares during the last quarter. 91.09% of the stock is owned by hedge funds and other institutional investors.

TJX Companies Stock Up 1.2%

Shares of NYSE TJX opened at $142.06 on Wednesday. The firm has a market cap of $158.10 billion, a price-to-earnings ratio of 32.36, a PEG ratio of 3.14 and a beta of 0.90. 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 TJX Companies, Inc. has a 52-week low of $112.10 and a 52-week high of $146.46. The business’s 50 day moving average is $141.15 and its two-hundred day moving average is $132.44.

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, topping the consensus estimate 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 the consensus estimate of $14.12 billion. During the same quarter in the previous year, the firm posted $0.96 earnings per share. The company’s quarterly revenue was up 6.9% compared to the same quarter last year. 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 predict that The TJX Companies, Inc. will post 4.18 EPS for the current 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 given a dividend of $0.425 per share. The ex-dividend date of this dividend 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 is currently 38.72%.

Analysts Set New Price Targets

A number of research analysts recently commented on the company. Daiwa America upgraded TJX Companies to a “strong-buy” rating in a report on Tuesday, July 8th. Evercore ISI upped their price objective on TJX Companies from $150.00 to $162.00 and gave the company an “outperform” rating in a report on Thursday, August 21st. Erste Group Bank assumed coverage on TJX Companies in a report on Friday, September 5th. They issued a “buy” rating on the stock. Wells Fargo & Company set a $140.00 price objective on TJX Companies and gave the company an “equal weight” rating in a report on Monday, October 27th. Finally, Sanford C. Bernstein boosted their target price on TJX Companies from $145.00 to $152.00 and gave the company an “outperform” rating in a research report on Thursday, August 21st. One analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of $149.00.

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.