1248 Management LLC Sells 1,017 Shares of The TJX Companies, Inc. $TJX

1248 Management LLC lessened its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 12.4% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,185 shares of the apparel and home fashions retailer’s stock after selling 1,017 shares during the period. 1248 Management LLC’s holdings in TJX Companies were worth $875,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. TCTC Holdings LLC increased its position in TJX Companies by 210.1% during the 1st quarter. TCTC Holdings LLC now owns 214 shares of the apparel and home fashions retailer’s stock valued at $26,000 after buying an additional 145 shares in the last quarter. Atlantic Edge Private Wealth Management LLC increased its holdings in shares of TJX Companies by 58.8% in the 1st quarter. Atlantic Edge Private Wealth Management LLC now owns 297 shares of the apparel and home fashions retailer’s stock worth $36,000 after purchasing an additional 110 shares in the last quarter. Iron Horse Wealth Management LLC increased its holdings in shares of TJX Companies by 99.3% in 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 purchasing an additional 149 shares in the last quarter. Inlight Wealth Management LLC bought a new stake in shares of TJX Companies in the 1st quarter worth $37,000. Finally, Activest Wealth Management boosted its stake in shares of TJX Companies by 4,485.7% in 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 last quarter. Institutional investors own 91.09% of the company’s stock.

TJX Companies Stock Up 0.7%

Shares of NYSE TJX opened at $140.83 on Friday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.52 and a current ratio of 1.17. The firm has a market capitalization of $156.74 billion, a price-to-earnings ratio of 32.08, a PEG ratio of 3.15 and a beta of 0.90. The stock has a 50 day moving average price of $131.12 and a 200 day moving average price of $126.87. The TJX Companies, Inc. has a 52-week low of $111.22 and a 52-week high of $145.58.

TJX Companies (NYSE:TJX) last announced 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 analysts’ consensus estimates of $1.01 by $0.09. The firm had revenue of $14.40 billion during the quarter, compared to analyst estimates of $14.12 billion. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.TJX Companies’s quarterly revenue was up 6.9% on a year-over-year basis. During the same quarter in the previous year, the business 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. Sell-side analysts expect that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on TJX shares. Erste Group Bank began coverage on TJX Companies in a research note on Friday, September 5th. They issued a “buy” rating on the stock. Telsey Advisory Group reissued an “outperform” rating and set a $155.00 price target (up from $150.00) on shares of TJX Companies in a report on Wednesday, August 20th. Loop Capital set a $150.00 price target on TJX Companies and gave the company a “buy” rating in a report on Thursday, May 22nd. Daiwa Capital Markets started coverage on TJX Companies in a report on Tuesday, July 8th. They issued an “outperform” rating and a $133.00 target price on the stock. Finally, Sanford C. Bernstein lifted their target price on TJX Companies from $145.00 to $152.00 and gave the stock an “outperform” rating in a report on Thursday, August 21st. One research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $147.58.

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.