Fiduciary Wealth Partners LLC Reduces Stock Position in The TJX Companies, Inc. $TJX

Fiduciary Wealth Partners LLC lessened its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 77.8% during the 2nd quarter, Holdings Channel reports. The firm owned 519 shares of the apparel and home fashions retailer’s stock after selling 1,814 shares during the quarter. Fiduciary Wealth Partners LLC’s holdings in TJX Companies were worth $64,000 as of its most recent filing with the SEC.

Other large investors have also added to or reduced their stakes in the company. Pinnacle Financial Partners Inc grew its stake in TJX Companies by 2.2% during the 1st 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 purchasing an additional 8,319 shares during the last quarter. FCG Investment Co purchased a new stake in TJX Companies during the 1st quarter valued at about $2,620,000. MinichMacGregor Wealth Management LLC purchased a new stake in TJX Companies during the 2nd quarter valued at about $5,045,000. Mainstream Capital Management LLC grew its stake in TJX Companies by 4.3% during the 1st 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 purchasing an additional 515 shares during the last quarter. Finally, Parr Mcknight Wealth Management Group LLC grew its stake in TJX Companies by 12.6% during the 1st 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 purchasing an additional 4,579 shares during the last quarter. Hedge funds and other institutional investors own 91.09% of the company’s stock.

Analysts Set New Price Targets

TJX has been the topic of several research analyst reports. Morgan Stanley boosted their price target on TJX Companies from $140.00 to $150.00 and gave the company an “overweight” rating in a research note on Thursday, August 21st. Telsey Advisory Group restated an “outperform” rating and issued a $155.00 target price (up previously from $150.00) on shares of TJX Companies in a research note on Wednesday, August 20th. Sanford C. Bernstein upped their target price on TJX Companies from $145.00 to $152.00 and gave the stock an “outperform” rating in a research note on Thursday, August 21st. BTIG Research began coverage on TJX Companies in a research note on Tuesday, October 14th. They issued a “buy” rating and a $165.00 target price on the stock. Finally, Daiwa Capital Markets began coverage on TJX Companies in a research note on Tuesday, July 8th. They issued an “outperform” rating and a $133.00 target price on the stock. One analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Buy” and an average target price of $148.50.

TJX Companies Trading Down 0.4%

Shares of TJX stock opened at $141.90 on Friday. The TJX Companies, Inc. has a 1-year low of $111.73 and a 1-year high of $146.46. The company has a market cap of $157.92 billion, a price-to-earnings ratio of 32.32, a PEG ratio of 3.15 and a beta of 0.92. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.17 and a quick ratio of 0.52. The stock has a 50 day simple moving average of $140.31 and a 200-day simple moving average of $131.68.

TJX Companies (NYSE:TJX) last issued its quarterly 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. The company had revenue of $14.40 billion during the quarter, compared to analyst estimates 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 in the previous year, the firm earned $0.96 EPS. 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 expect that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 4th. Investors of record on Thursday, November 13th will be paid a $0.425 dividend. The ex-dividend date of this dividend 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 currently 38.72%.

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.