Global Assets Advisory LLC Sells 1,550 Shares of The TJX Companies, Inc. $TJX

Global Assets Advisory LLC lessened its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 39.0% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 2,421 shares of the apparel and home fashions retailer’s stock after selling 1,550 shares during the quarter. Global Assets Advisory LLC’s holdings in TJX Companies were worth $303,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Pinnacle Financial Partners Inc lifted its stake in shares of TJX Companies by 2.2% in the 1st quarter. Pinnacle Financial Partners Inc now owns 387,342 shares of the apparel and home fashions retailer’s stock worth $46,989,000 after purchasing an additional 8,319 shares during the period. State of Alaska Department of Revenue increased its holdings in TJX Companies by 1.7% during the first quarter. State of Alaska Department of Revenue now owns 181,712 shares of the apparel and home fashions retailer’s stock valued at $22,132,000 after buying an additional 3,125 shares during the last quarter. FCG Investment Co bought a new position in TJX Companies in the first quarter worth approximately $2,620,000. MinichMacGregor Wealth Management LLC purchased a new position in shares of TJX Companies during the 2nd quarter worth $5,045,000. Finally, Mainstream Capital Management LLC grew its position in shares of 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 acquiring an additional 515 shares during the period. 91.09% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

TJX has been the topic of a number of recent research reports. Daiwa America raised TJX Companies to a “strong-buy” rating in a report on Tuesday, July 8th. Macquarie reaffirmed a “buy” rating on shares of TJX Companies in a research note on Monday, August 11th. Wells Fargo & Company lifted their price objective on TJX Companies from $120.00 to $130.00 and gave the company an “equal weight” rating in a research report on Thursday, August 21st. JPMorgan Chase & Co. increased their target price on shares of TJX Companies from $148.00 to $149.00 and gave the stock an “overweight” rating in a report on Monday. Finally, Daiwa Capital Markets initiated coverage on shares of TJX Companies in a report on Tuesday, July 8th. They set an “outperform” rating and a $133.00 price target on the stock. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, TJX Companies has an average rating of “Buy” and a consensus target price of $147.63.

TJX Companies Stock Performance

NYSE:TJX opened at $143.32 on Tuesday. The stock has a 50-day moving average price of $136.87 and a 200 day moving average price of $129.66. The stock has a market capitalization of $159.51 billion, a P/E ratio of 32.65, a P/E/G ratio of 3.18 and a beta of 0.92. The TJX Companies, Inc. has a 12-month low of $111.22 and a 12-month 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.

TJX Companies (NYSE:TJX) last posted its quarterly earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.09. The business had revenue of $14.40 billion during the quarter, compared to the consensus estimate of $14.12 billion. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.The firm’s revenue for the quarter was up 6.9% compared to the same quarter last year. During the same period in the prior year, the company posted $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. Equities research analysts forecast 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. Shareholders of record on Thursday, November 13th will be issued a $0.425 dividend. 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 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.