The TJX Companies, Inc. $TJX Position Reduced by Calamos Advisors LLC

Calamos Advisors LLC trimmed its position in The TJX Companies, Inc. (NYSE:TJX) by 14.4% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 366,048 shares of the apparel and home fashions retailer’s stock after selling 61,344 shares during the period. Calamos Advisors LLC’s holdings in TJX Companies were worth $45,203,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the company. Brighton Jones LLC raised its stake in 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 valued at $1,817,000 after purchasing an additional 8,002 shares during the period. Revolve Wealth Partners LLC raised its position 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 valued at $262,000 after buying an additional 235 shares during the period. Bison Wealth LLC lifted its stake in TJX Companies by 32.9% in the 4th quarter. Bison Wealth LLC now owns 3,856 shares of the apparel and home fashions retailer’s stock worth $466,000 after acquiring an additional 955 shares in the last quarter. Larson Financial Group LLC boosted its position in TJX Companies by 183.1% during the 1st quarter. Larson Financial Group LLC now owns 5,674 shares of the apparel and home fashions retailer’s stock worth $691,000 after acquiring an additional 3,670 shares during the period. Finally, Bridgewater Advisors Inc. purchased a new position in TJX Companies during the 1st quarter valued at about $455,000. Institutional investors and hedge funds own 91.09% of the company’s stock.

Analyst Ratings Changes

TJX has been the subject of a number of research analyst reports. Evercore ISI increased their price target on shares of TJX Companies from $150.00 to $162.00 and gave the stock an “outperform” rating in a research report on Thursday, August 21st. Weiss Ratings reiterated a “buy (b+)” rating on shares of TJX Companies in a research report on Wednesday, October 8th. Bank of America boosted their price target on shares of TJX Companies from $145.00 to $150.00 and gave the company a “buy” rating in a report on Thursday, August 21st. Citigroup increased their price objective on TJX Companies from $140.00 to $160.00 and gave the stock a “buy” rating in a report on Thursday, August 21st. Finally, Telsey Advisory Group reissued an “outperform” rating and set a $155.00 price objective on shares of TJX Companies in a research report on Wednesday. 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 company. According to data from MarketBeat.com, TJX Companies presently has a consensus rating of “Buy” and a consensus target price of $151.75.

TJX Companies Stock Up 0.8%

TJX stock opened at $147.38 on Thursday. The firm has a market cap of $164.03 billion, a PE ratio of 33.57, a PEG ratio of 3.14 and a beta of 0.90. The TJX Companies, Inc. has a 1 year low of $112.10 and a 1 year high of $148.11. The company has a fifty day simple moving average of $142.09 and a 200 day simple moving average of $133.22. The company has a current ratio of 1.17, a quick ratio of 0.52 and a debt-to-equity ratio of 0.32.

TJX Companies (NYSE:TJX) last posted its 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 firm had revenue of $14.40 billion for the quarter, compared to the consensus estimate of $14.12 billion. During the same period in the prior year, the business posted $0.96 earnings per share. The business’s quarterly revenue 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. Sell-side analysts anticipate that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 4th. Investors of record on Thursday, November 13th will be issued a $0.425 dividend. This represents a $1.70 annualized dividend and a yield of 1.2%. The ex-dividend date is Thursday, November 13th. 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.