5,765 Shares in The TJX Companies, Inc. $TJX Bought by Cardinal Point Capital Management ULC

Cardinal Point Capital Management ULC acquired a new stake in shares of The TJX Companies, Inc. (NYSE:TJX) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 5,765 shares of the apparel and home fashions retailer’s stock, valued at approximately $712,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Pinnacle Financial Partners Inc lifted its position in TJX Companies by 2.2% during the first quarter. Pinnacle Financial Partners Inc now owns 387,342 shares of the apparel and home fashions retailer’s stock valued at $46,989,000 after buying an additional 8,319 shares during the period. FCG Investment Co purchased a new position in TJX Companies during the first quarter valued at $2,620,000. MinichMacGregor Wealth Management LLC purchased a new position in TJX Companies during the second quarter valued at $5,045,000. Mainstream Capital Management LLC lifted its position in TJX Companies by 4.3% during the first quarter. Mainstream Capital Management LLC now owns 12,450 shares of the apparel and home fashions retailer’s stock valued at $1,516,000 after buying an additional 515 shares during the period. Finally, Parr Mcknight Wealth Management Group LLC lifted its position in TJX Companies by 12.6% during the first quarter. Parr Mcknight Wealth Management Group LLC now owns 40,840 shares of the apparel and home fashions retailer’s stock valued at $4,974,000 after buying an additional 4,579 shares during the period. Hedge funds and other institutional investors own 91.09% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently issued reports on TJX. Wall Street Zen raised TJX Companies from a “hold” rating to a “buy” rating in a research report on Saturday, August 23rd. Wells Fargo & Company lifted their price target on TJX Companies from $120.00 to $130.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 21st. JPMorgan Chase & Co. lifted their price target on TJX Companies from $148.00 to $149.00 and gave the stock an “overweight” rating in a research report on Monday, October 6th. Evercore ISI lifted their price target on TJX Companies from $150.00 to $162.00 and gave the stock an “outperform” rating in a research report on Thursday, August 21st. Finally, Weiss Ratings reaffirmed a “buy (b+)” rating on shares of TJX Companies in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $148.50.

TJX Companies Price Performance

NYSE TJX opened at $142.32 on Friday. The TJX Companies, Inc. has a one year low of $111.73 and a one year high of $146.46. The stock has a 50-day moving average of $140.12 and a 200 day moving average of $131.44. The company has a market capitalization of $158.39 billion, a price-to-earnings ratio of 32.42, a PEG ratio of 3.18 and a beta of 0.92. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.52 and a current ratio of 1.17.

TJX Companies (NYSE:TJX) last released its quarterly earnings data 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 return on equity of 58.63% and a net margin of 8.59%.The company had revenue of $14.40 billion during the quarter, compared to the consensus estimate of $14.12 billion. During the same period last year, the company earned $0.96 EPS. TJX Companies’s revenue for the quarter 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. On average, sell-side analysts forecast that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Announces Dividend

The firm also recently disclosed 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 dividend payout ratio (DPR) is presently 38.72%.

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.