Simmons Bank Has $2.16 Million Stake in The TJX Companies, Inc. $TJX

Simmons Bank decreased its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 7.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,477 shares of the apparel and home fashions retailer’s stock after selling 1,440 shares during the quarter. Simmons Bank’s holdings in TJX Companies were worth $2,158,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. TCTC Holdings LLC boosted its stake in shares of TJX Companies by 210.1% during the first quarter. TCTC Holdings LLC now owns 214 shares of the apparel and home fashions retailer’s stock valued at $26,000 after purchasing an additional 145 shares in the last quarter. Princeton Global Asset Management LLC acquired a new stake in TJX Companies during the 2nd quarter worth approximately $28,000. Iron Horse Wealth Management LLC boosted its position in TJX Companies by 99.3% during the 1st quarter. Iron Horse Wealth Management LLC now owns 299 shares of the apparel and home fashions retailer’s stock worth $36,000 after buying an additional 149 shares during the period. Activest Wealth Management boosted its position in TJX Companies by 4,485.7% during the 1st quarter. Activest Wealth Management now owns 321 shares of the apparel and home fashions retailer’s stock worth $39,000 after buying an additional 314 shares during the period. Finally, Maseco LLP acquired a new stake in TJX Companies during the 2nd quarter worth approximately $43,000. Institutional investors and hedge funds own 91.09% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently commented on TJX. Macquarie reiterated a “buy” rating on shares of TJX Companies in a report on Monday, August 11th. Morgan Stanley lifted their target price on TJX Companies from $140.00 to $150.00 and gave the stock an “overweight” rating in a report on Thursday, August 21st. Citigroup lifted their target price on TJX Companies from $140.00 to $160.00 and gave the stock a “buy” rating in a report on Thursday, August 21st. Weiss Ratings reaffirmed a “buy (b+)” rating on shares of TJX Companies in a report on Wednesday, October 8th. Finally, Barclays lifted their price objective on TJX Companies from $147.00 to $155.00 and gave the stock an “overweight” rating in a research note on Thursday, August 21st. One research analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $149.00.

TJX Companies Stock Up 1.1%

Shares of NYSE:TJX opened at $143.68 on Thursday. The company has a market capitalization of $159.91 billion, a price-to-earnings ratio of 32.73, a P/E/G ratio of 3.14 and a beta of 0.90. 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 business’s 50-day moving average is $141.28 and its 200-day moving average is $132.52. The TJX Companies, Inc. has a 1 year low of $112.10 and a 1 year high of $146.46.

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 (EPS) for the quarter, beating the consensus estimate of $1.01 by $0.09. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.The firm had revenue of $14.40 billion for the quarter, compared to analyst estimates of $14.12 billion. During the same period in the previous year, the firm earned $0.96 earnings per share. The company’s 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. Equities research analysts predict that The TJX Companies, Inc. will post 4.18 earnings per share 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 issued a dividend of $0.425 per share. The ex-dividend date is Thursday, November 13th. This represents a $1.70 annualized dividend and a dividend yield of 1.2%. TJX Companies’s dividend payout ratio is currently 38.72%.

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.