Crews Bank & Trust Raises Stock Holdings in The TJX Companies, Inc. $TJX

Crews Bank & Trust boosted its position in The TJX Companies, Inc. (NYSE:TJX) by 7.3% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 2,482 shares of the apparel and home fashions retailer’s stock after purchasing an additional 169 shares during the period. Crews Bank & Trust’s holdings in TJX Companies were worth $307,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of TJX. Nuveen LLC purchased a new position in shares of TJX Companies in the first quarter valued at $1,330,717,000. Assenagon Asset Management S.A. boosted its stake in TJX Companies by 65.8% during the first quarter. Assenagon Asset Management S.A. now owns 3,282,351 shares of the apparel and home fashions retailer’s stock valued at $399,790,000 after buying an additional 1,302,845 shares during the period. Amundi boosted its stake in TJX Companies by 10.2% during the first quarter. Amundi now owns 11,888,455 shares of the apparel and home fashions retailer’s stock valued at $1,489,305,000 after buying an additional 1,104,292 shares during the period. Vanguard Group Inc. lifted its stake in TJX Companies by 1.1% during the first quarter. Vanguard Group Inc. now owns 100,413,764 shares of the apparel and home fashions retailer’s stock worth $12,230,396,000 after purchasing an additional 1,099,129 shares during the last quarter. Finally, Goldman Sachs Group Inc. lifted its stake in TJX Companies by 17.7% during the first quarter. Goldman Sachs Group Inc. now owns 6,807,714 shares of the apparel and home fashions retailer’s stock worth $829,180,000 after purchasing an additional 1,025,329 shares during the last quarter. 91.09% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the company. Erste Group Bank assumed coverage on TJX Companies in a research note on Friday, September 5th. They set a “buy” rating for the company. Sanford C. Bernstein lifted their price target on TJX Companies from $145.00 to $152.00 and gave the stock an “outperform” rating in a research note on Thursday, August 21st. Daiwa America raised TJX Companies to a “strong-buy” rating in a research note on Tuesday, July 8th. JPMorgan Chase & Co. boosted their target price on TJX Companies from $145.00 to $148.00 and gave the company an “overweight” rating in a research note on Thursday, August 21st. Finally, Weiss Ratings reissued a “buy (b+)” rating on shares of TJX Companies in a research note on Saturday, September 27th. One analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, TJX Companies currently has a consensus rating of “Buy” and a consensus target price of $147.58.

TJX Companies Trading Down 0.8%

NYSE TJX opened at $141.30 on Friday. The TJX Companies, Inc. has a 1-year low of $111.22 and a 1-year high of $145.58. 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 stock has a 50-day moving average of $136.51 and a 200-day moving average of $129.30. The firm has a market cap of $157.26 billion, a PE ratio of 32.19, a price-to-earnings-growth ratio of 3.21 and a beta of 0.92.

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. 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 for the quarter, compared to the consensus estimate of $14.12 billion. During the same quarter in the previous year, the business earned $0.96 EPS. 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, sell-side analysts forecast that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 4th. Investors of record on Thursday, November 13th will be issued a dividend of $0.425 per share. This represents a $1.70 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Thursday, November 13th. TJX Companies’s payout ratio is currently 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.