Legacy Wealth Management LLC MS Trims Stock Position in The TJX Companies, Inc. $TJX

Legacy Wealth Management LLC MS decreased its holdings in The TJX Companies, Inc. (NYSE:TJX) by 3.0% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 37,708 shares of the apparel and home fashions retailer’s stock after selling 1,165 shares during the quarter. TJX Companies accounts for about 1.4% of Legacy Wealth Management LLC MS’s holdings, making the stock its 14th largest holding. Legacy Wealth Management LLC MS’s holdings in TJX Companies were worth $4,657,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. TCTC Holdings LLC raised its holdings in TJX Companies by 210.1% in the 1st quarter. TCTC Holdings LLC now owns 214 shares of the apparel and home fashions retailer’s stock worth $26,000 after purchasing an additional 145 shares during the period. Atlantic Edge Private Wealth Management LLC raised its holdings in TJX Companies by 58.8% in the 1st quarter. Atlantic Edge Private Wealth Management LLC now owns 297 shares of the apparel and home fashions retailer’s stock worth $36,000 after purchasing an additional 110 shares during the period. Iron Horse Wealth Management LLC raised its holdings in TJX Companies by 99.3% in the 1st quarter. Iron Horse Wealth Management LLC now owns 299 shares of the apparel and home fashions retailer’s stock worth $36,000 after purchasing an additional 149 shares during the period. Inlight Wealth Management LLC acquired a new position in TJX Companies in the 1st quarter worth about $37,000. Finally, Activest Wealth Management raised its holdings in TJX Companies by 4,485.7% in the 1st quarter. Activest Wealth Management now owns 321 shares of the apparel and home fashions retailer’s stock worth $39,000 after purchasing an additional 314 shares during the period. Institutional investors and hedge funds own 91.09% of the company’s stock.

TJX Companies Price Performance

TJX stock opened at $139.55 on Friday. 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 business has a 50 day simple moving average of $131.39 and a 200-day simple moving average of $126.99. The firm has a market capitalization of $155.31 billion, a PE ratio of 31.79, a price-to-earnings-growth ratio of 3.17 and a beta of 0.90. The TJX Companies, Inc. has a 1 year low of $111.22 and a 1 year high of $145.58.

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 (EPS) 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 return on equity of 58.63% and a net margin of 8.59%.The business’s revenue was up 6.9% compared to the same quarter last year. During the same period in the prior year, the business earned $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. Equities research analysts anticipate that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on TJX. Cowen reaffirmed a “buy” rating on shares of TJX Companies in a report on Tuesday, May 20th. Daiwa America upgraded TJX Companies to a “strong-buy” rating in a research note on Tuesday, July 8th. Loop Capital set a $150.00 price objective on TJX Companies and gave the stock a “buy” rating in a research note on Thursday, May 22nd. Sanford C. Bernstein boosted their price objective on TJX Companies from $145.00 to $152.00 and gave the stock an “outperform” rating in a research note on Thursday, August 21st. Finally, Evercore ISI boosted their price objective on TJX Companies from $150.00 to $162.00 and gave the stock an “outperform” rating in a research note on Thursday, August 21st. 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 company. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $147.58.

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.