Impact Capital Partners LLC lowered its stake in The TJX Companies, Inc. (NYSE:TJX – Free Report) by 2.8% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 11,020 shares of the apparel and home fashions retailer’s stock after selling 312 shares during the period. Impact Capital Partners LLC’s holdings in TJX Companies were worth $1,361,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Vanguard Group Inc. grew its stake in TJX Companies by 1.1% in the 1st 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 buying an additional 1,099,129 shares during the last quarter. Ameriprise Financial Inc. grew its position in shares of TJX Companies by 0.3% during the 1st quarter. Ameriprise Financial Inc. now owns 13,068,312 shares of the apparel and home fashions retailer’s stock worth $1,591,758,000 after purchasing an additional 35,800 shares in the last quarter. Amundi grew its position in shares of TJX Companies by 10.2% during the 1st quarter. Amundi now owns 11,888,455 shares of the apparel and home fashions retailer’s stock worth $1,489,305,000 after purchasing an additional 1,104,292 shares in the last quarter. Nuveen LLC acquired a new position in shares of TJX Companies during the 1st quarter worth approximately $1,330,717,000. Finally, Invesco Ltd. grew its position in shares of TJX Companies by 2.8% during the 1st quarter. Invesco Ltd. now owns 9,000,600 shares of the apparel and home fashions retailer’s stock worth $1,096,273,000 after purchasing an additional 247,579 shares in the last quarter. Institutional investors and hedge funds own 91.09% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of research analysts have issued reports on TJX shares. Morgan Stanley increased their target price on shares of TJX Companies from $140.00 to $150.00 and gave the stock an “overweight” rating in a research report on Thursday, August 21st. Robert W. Baird increased their target price on shares of TJX Companies from $143.00 to $152.00 and gave the stock an “outperform” rating in a research report on Thursday, August 21st. JPMorgan Chase & Co. increased their target price on shares of TJX Companies from $145.00 to $148.00 and gave the stock an “overweight” rating in a research report on Thursday, August 21st. Evercore ISI increased their target price on shares of TJX Companies from $150.00 to $162.00 and gave the stock an “outperform” rating in a research report on Thursday, August 21st. Finally, Wall Street Zen upgraded shares of TJX Companies from a “hold” rating to a “buy” rating in a research report on Saturday, August 23rd. One research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $147.58.
TJX Companies Stock Performance
Shares of TJX Companies stock opened at $144.54 on Wednesday. The company has a 50 day moving average of $135.52 and a 200-day moving average of $128.82. The TJX Companies, Inc. has a 1-year low of $111.22 and a 1-year 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. The company has a market cap of $160.86 billion, a PE ratio of 32.92, a price-to-earnings-growth ratio of 3.23 and a beta of 0.90.
TJX Companies (NYSE:TJX – Get Free Report) last issued its quarterly earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share for the quarter, topping analysts’ consensus estimates of $1.01 by $0.09. The company 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 quarterly revenue was up 6.9% on a year-over-year basis. During the same quarter in the prior year, the firm 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. As a group, equities research analysts forecast that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.
TJX Companies Dividend Announcement
The business also recently disclosed 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 annualized dividend and a yield of 1.2%. TJX Companies’s dividend payout ratio is presently 38.72%.
About TJX Companies
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.
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