Hall Capital Management Co. Inc. Lowers Position in The TJX Companies, Inc. $TJX

Hall Capital Management Co. Inc. decreased its position in The TJX Companies, Inc. (NYSE:TJX) by 2.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 17,246 shares of the apparel and home fashions retailer’s stock after selling 383 shares during the period. Hall Capital Management Co. Inc.’s holdings in TJX Companies were worth $2,130,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. boosted its holdings in shares of TJX Companies by 1.1% in the first quarter. Vanguard Group Inc. now owns 100,413,764 shares of the apparel and home fashions retailer’s stock valued at $12,230,396,000 after acquiring an additional 1,099,129 shares in the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of TJX Companies by 0.3% in the first quarter. Ameriprise Financial Inc. now owns 13,068,312 shares of the apparel and home fashions retailer’s stock valued at $1,591,758,000 after acquiring an additional 35,800 shares in the last quarter. Amundi boosted its holdings in shares of TJX Companies by 10.2% in 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 acquiring an additional 1,104,292 shares in the last quarter. Nuveen LLC purchased a new stake in TJX Companies during the first quarter worth about $1,330,717,000. Finally, Invesco Ltd. boosted its holdings in TJX Companies by 2.8% during the first quarter. Invesco Ltd. now owns 9,000,600 shares of the apparel and home fashions retailer’s stock worth $1,096,273,000 after buying an additional 247,579 shares in the last quarter. Hedge funds and other institutional investors own 91.09% of the company’s stock.

TJX Companies Stock Performance

Shares of TJX opened at $142.70 on Wednesday. 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 market cap of $158.81 billion, a P/E ratio of 32.51, a PEG ratio of 3.22 and a beta of 0.92. The company has a 50-day moving average of $137.20 and a two-hundred day moving average of $129.75. The TJX Companies, Inc. has a 12-month low of $111.73 and a 12-month high of $145.58.

TJX Companies (NYSE:TJX) last posted its quarterly earnings data on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share for the quarter, beating analysts’ consensus estimates of $1.01 by $0.09. The business 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 company’s revenue was up 6.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $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. As a group, research analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Dividend Announcement

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

Analyst Upgrades and Downgrades

TJX has been the topic of a number of research analyst reports. JPMorgan Chase & Co. boosted their price objective on shares of TJX Companies from $148.00 to $149.00 and gave the stock an “overweight” rating in a report on Monday. Telsey Advisory Group reissued an “outperform” rating and set a $155.00 price objective (up previously from $150.00) on shares of TJX Companies in a report on Wednesday, August 20th. Morgan Stanley boosted their price objective on shares of TJX Companies from $140.00 to $150.00 and gave the stock an “overweight” rating in a report on Thursday, August 21st. Robert W. Baird boosted their price objective on shares of TJX Companies from $143.00 to $152.00 and gave the stock an “outperform” rating in a report on Thursday, August 21st. Finally, Wells Fargo & Company lifted their target price on shares of TJX Companies from $120.00 to $130.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 21st. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $147.63.

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.