Hartford Funds Management Co LLC Has $107,000 Holdings in The TJX Companies, Inc. $TJX

Hartford Funds Management Co LLC lessened its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 95.8% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 869 shares of the apparel and home fashions retailer’s stock after selling 20,055 shares during the period. Hartford Funds Management Co LLC’s holdings in TJX Companies were worth $107,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Brighton Jones LLC grew its holdings in shares of TJX Companies by 113.7% during the 4th quarter. Brighton Jones LLC now owns 15,039 shares of the apparel and home fashions retailer’s stock worth $1,817,000 after purchasing an additional 8,002 shares in the last quarter. Revolve Wealth Partners LLC grew its stake in TJX Companies by 12.1% during the fourth quarter. Revolve Wealth Partners LLC now owns 2,172 shares of the apparel and home fashions retailer’s stock worth $262,000 after buying an additional 235 shares in the last quarter. Bison Wealth LLC grew its stake in TJX Companies by 32.9% during the fourth quarter. Bison Wealth LLC now owns 3,856 shares of the apparel and home fashions retailer’s stock worth $466,000 after buying an additional 955 shares in the last quarter. Allworth Financial LP increased its holdings in TJX Companies by 5.9% in the 1st quarter. Allworth Financial LP now owns 16,748 shares of the apparel and home fashions retailer’s stock valued at $2,119,000 after buying an additional 927 shares during the period. Finally, Westmount Partners LLC acquired a new position in shares of TJX Companies in the 1st quarter valued at approximately $212,000. 91.09% of the stock is currently owned by institutional investors and hedge funds.

TJX Companies Stock Performance

Shares of TJX Companies stock opened at $144.59 on Monday. The company has a current ratio of 1.17, a quick ratio of 0.52 and a debt-to-equity ratio of 0.32. The firm has a market capitalization of $160.92 billion, a P/E ratio of 32.94, a price-to-earnings-growth ratio of 3.14 and a beta of 0.90. The business’s fifty day simple moving average is $141.57 and its 200 day simple moving average is $132.84. The TJX Companies, Inc. has a 12 month low of $112.10 and a 12 month high of $146.46.

TJX Companies (NYSE:TJX) last announced its quarterly earnings data on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share 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 business had revenue of $14.40 billion during the quarter, compared to analyst estimates of $14.12 billion. During the same period in the prior year, the company earned $0.96 earnings per share. TJX Companies’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. As a group, analysts anticipate that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 4th. Shareholders of record on Thursday, November 13th will be issued a $0.425 dividend. This represents a $1.70 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Thursday, November 13th. TJX Companies’s dividend payout ratio (DPR) is 38.72%.

Analysts Set New Price Targets

TJX has been the topic of several research reports. Sanford C. Bernstein lifted their price target on shares of TJX Companies from $145.00 to $152.00 and gave the company an “outperform” rating in a report on Thursday, August 21st. UBS Group restated a “buy” rating and issued a $172.00 target price on shares of TJX Companies in a report on Tuesday, November 4th. Wall Street Zen upgraded TJX Companies from a “hold” rating to a “buy” rating in a report on Saturday, August 23rd. BTIG Research started coverage on TJX Companies in a research report on Tuesday, October 14th. They issued a “buy” rating and a $165.00 price objective for the company. Finally, Macquarie restated a “buy” rating on shares of TJX Companies in a research report on Monday, August 11th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $149.00.

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.