Cullen Frost Bankers Inc. Boosts Stock Position in The TJX Companies, Inc. $TJX

Cullen Frost Bankers Inc. boosted its holdings in The TJX Companies, Inc. (NYSE:TJX) by 2.8% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 149,579 shares of the apparel and home fashions retailer’s stock after purchasing an additional 4,109 shares during the quarter. Cullen Frost Bankers Inc.’s holdings in TJX Companies were worth $18,471,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Revolve Wealth Partners LLC boosted its stake in TJX Companies by 3.3% in the second quarter. Revolve Wealth Partners LLC now owns 2,453 shares of the apparel and home fashions retailer’s stock valued at $303,000 after acquiring an additional 79 shares in the last quarter. Clear Creek Financial Management LLC boosted its stake in TJX Companies by 1.8% in the first quarter. Clear Creek Financial Management LLC now owns 4,811 shares of the apparel and home fashions retailer’s stock valued at $586,000 after acquiring an additional 83 shares in the last quarter. Knuff & Co LLC boosted its stake in TJX Companies by 8.5% in the first quarter. Knuff & Co LLC now owns 1,056 shares of the apparel and home fashions retailer’s stock valued at $129,000 after acquiring an additional 83 shares in the last quarter. 3Chopt Investment Partners LLC boosted its stake in TJX Companies by 1.6% in the second quarter. 3Chopt Investment Partners LLC now owns 5,239 shares of the apparel and home fashions retailer’s stock valued at $647,000 after acquiring an additional 83 shares in the last quarter. Finally, McLean Asset Management Corp boosted its stake in TJX Companies by 3.2% in the second quarter. McLean Asset Management Corp now owns 2,746 shares of the apparel and home fashions retailer’s stock valued at $344,000 after acquiring an additional 84 shares in the last quarter. Hedge funds and other institutional investors own 91.09% of the company’s stock.

TJX Companies Price Performance

Shares of TJX opened at $143.91 on Wednesday. The TJX Companies, Inc. has a fifty-two week low of $111.73 and a fifty-two week high of $146.46. The company has a market capitalization of $160.16 billion, a price-to-earnings ratio of 32.78, a price-to-earnings-growth ratio of 3.18 and a beta of 0.92. The firm has a 50-day simple moving average of $139.76 and a 200-day simple moving average of $131.20. 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 announced its quarterly earnings data on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 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 the consensus estimate of $14.12 billion. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. The firm’s revenue was up 6.9% compared to the same quarter last year. During the same quarter last year, the firm 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. On average, equities research analysts anticipate that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Dividend Announcement

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

Analyst Ratings Changes

Several equities analysts have issued reports on the stock. Morgan Stanley upped their price objective on shares of TJX Companies from $140.00 to $150.00 and gave the company an “overweight” rating in a research note on Thursday, August 21st. Macquarie restated a “buy” rating on shares of TJX Companies in a research note on Monday, August 11th. Daiwa America upgraded shares of TJX Companies to a “strong-buy” rating in a research note on Tuesday, July 8th. Weiss Ratings reiterated a “buy (b+)” rating on shares of TJX Companies in a research note on Wednesday, October 8th. Finally, Erste Group Bank initiated coverage on shares of TJX Companies in a research note on Friday, September 5th. They set a “buy” rating for the company. 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 company. According to MarketBeat, the company has a consensus rating of “Buy” and an average price target of $148.50.

TJX Companies Company 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.