Focus Partners Advisor Solutions LLC Purchases 8,050 Shares of The TJX Companies, Inc. $TJX

Focus Partners Advisor Solutions LLC boosted its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 35.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 31,064 shares of the apparel and home fashions retailer’s stock after acquiring an additional 8,050 shares during the period. Focus Partners Advisor Solutions LLC’s holdings in TJX Companies were worth $4,522,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of TJX. Vanguard Group Inc. increased its holdings in shares of TJX Companies by 0.8% in the third quarter. Vanguard Group Inc. now owns 101,961,786 shares of the apparel and home fashions retailer’s stock worth $14,737,557,000 after purchasing an additional 820,730 shares during the period. State Street Corp grew its position in TJX Companies by 0.6% during the second quarter. State Street Corp now owns 48,595,536 shares of the apparel and home fashions retailer’s stock worth $6,001,063,000 after buying an additional 285,737 shares in the last quarter. Geode Capital Management LLC increased its stake in TJX Companies by 1.2% in the 2nd quarter. Geode Capital Management LLC now owns 26,070,916 shares of the apparel and home fashions retailer’s stock worth $3,205,927,000 after acquiring an additional 301,127 shares during the last quarter. Norges Bank bought a new position in TJX Companies in the 2nd quarter worth about $1,808,774,000. Finally, Invesco Ltd. raised its holdings in shares of TJX Companies by 0.9% in the 2nd quarter. Invesco Ltd. now owns 9,081,087 shares of the apparel and home fashions retailer’s stock valued at $1,121,423,000 after acquiring an additional 80,487 shares in the last quarter. 91.09% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts have recently commented on TJX shares. Argus raised TJX Companies to a “strong-buy” rating in a report on Tuesday. Morgan Stanley reissued an “overweight” rating and issued a $162.00 price target (up from $159.00) on shares of TJX Companies in a report on Thursday, November 20th. Guggenheim upgraded shares of TJX Companies to a “strong-buy” rating in a research report on Wednesday, December 10th. Evercore upped their target price on shares of TJX Companies from $162.00 to $165.00 and gave the stock an “outperform” rating in a research report on Thursday, November 20th. Finally, Wells Fargo & Company reissued a “positive” rating and issued a $150.00 target price (up from $145.00) on shares of TJX Companies in a research note on Tuesday, December 16th. Three analysts have rated the stock with a Strong Buy rating and twenty-two have assigned a Buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $167.55.

TJX Companies Trading Down 0.3%

NYSE TJX opened at $159.51 on Wednesday. The firm has a market cap of $177.13 billion, a PE ratio of 32.69, a price-to-earnings-growth ratio of 3.68 and a beta of 0.73. The TJX Companies, Inc. has a 1-year low of $112.10 and a 1-year high of $162.68. The stock has a 50-day moving average of $155.05 and a 200-day moving average of $148.18. The company has a current ratio of 1.14, a quick ratio of 0.59 and a debt-to-equity ratio of 0.18.

TJX Companies (NYSE:TJX) last announced its quarterly earnings results on Wednesday, February 25th. The apparel and home fashions retailer reported $1.43 EPS for the quarter, topping analysts’ consensus estimates of $1.38 by $0.05. The business had revenue of $17.74 billion for the quarter, compared to analysts’ expectations of $17.36 billion. TJX Companies had a return on equity of 57.70% and a net margin of 9.10%.The business’s quarterly revenue was up 8.5% on a year-over-year basis. During the same period in the previous year, the firm earned $1.23 EPS. TJX Companies has set its FY 2027 guidance at 4.930-5.020 EPS and its Q1 2027 guidance at 0.970-0.990 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 company also recently declared a quarterly dividend, which will be paid on Thursday, March 5th. Shareholders of record on Thursday, February 12th will be given a dividend of $0.425 per share. The ex-dividend date of this dividend is Thursday, February 12th. This represents a $1.70 annualized dividend and a yield of 1.1%. TJX Companies’s dividend payout ratio is presently 34.84%.

TJX Companies Company Profile

TJX Companies, Inc is a leading off-price retailer of apparel, footwear, home fashions and other consumer goods. The company operates multiple retail concepts that offer discounted brand-name and designer merchandise, including well-known banners such as T.J. Maxx and Marshalls in the United States, HomeGoods for home furnishings, TK Maxx in parts of Europe, and Winners and Homesense in Canada. Merchandise categories span women’s, men’s and children’s apparel, accessories, beauty, home décor, kitchenware and small furniture, with frequent changes in assortment that create a “treasure-hunt” shopping experience for consumers.

The company’s business model centers on opportunistic buying, purchasing excess, irregular or out-of-season inventory from manufacturers, department stores and other suppliers, and passing savings to customers through lower prices.