Migdal Insurance & Financial Holdings Ltd. Has $538,000 Holdings in The TJX Companies, Inc. $TJX

Migdal Insurance & Financial Holdings Ltd. lessened its stake in The TJX Companies, Inc. (NYSE:TJX) by 97.7% in the second quarter, Holdings Channel reports. The firm owned 4,360 shares of the apparel and home fashions retailer’s stock after selling 185,957 shares during the quarter. Migdal Insurance & Financial Holdings Ltd.’s holdings in TJX Companies were worth $538,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Revolve Wealth Partners LLC raised its stake in TJX Companies by 3.3% during the second quarter. Revolve Wealth Partners LLC now owns 2,453 shares of the apparel and home fashions retailer’s stock worth $303,000 after acquiring an additional 79 shares in the last quarter. Clear Creek Financial Management LLC raised its stake in TJX Companies by 1.8% during the first quarter. Clear Creek Financial Management LLC now owns 4,811 shares of the apparel and home fashions retailer’s stock worth $586,000 after acquiring an additional 83 shares in the last quarter. Knuff & Co LLC raised its stake in TJX Companies by 8.5% during the first quarter. Knuff & Co LLC now owns 1,056 shares of the apparel and home fashions retailer’s stock worth $129,000 after acquiring an additional 83 shares in the last quarter. 3Chopt Investment Partners LLC raised its stake in TJX Companies by 1.6% during the second quarter. 3Chopt Investment Partners LLC now owns 5,239 shares of the apparel and home fashions retailer’s stock worth $647,000 after acquiring an additional 83 shares in the last quarter. Finally, McLean Asset Management Corp raised its stake in TJX Companies by 3.2% during the second quarter. McLean Asset Management Corp now owns 2,746 shares of the apparel and home fashions retailer’s stock worth $344,000 after acquiring an additional 84 shares in the last quarter. Institutional investors and hedge funds own 91.09% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have commented on the company. Barclays boosted their target price on TJX Companies from $147.00 to $155.00 and gave the stock an “overweight” rating in a research note on Thursday, August 21st. Sanford C. Bernstein boosted their target price on TJX Companies from $145.00 to $152.00 and gave the stock an “outperform” rating in a research note on Thursday, August 21st. BTIG Research assumed coverage on TJX Companies in a research note on Tuesday, October 14th. They set a “buy” rating and a $165.00 target price for the company. Macquarie reaffirmed a “buy” rating on shares of TJX Companies in a research note on Monday, August 11th. Finally, Daiwa America raised TJX Companies to a “strong-buy” rating in a research note on Tuesday, July 8th. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, TJX Companies has an average rating of “Buy” and an average price target of $149.00.

TJX Companies Stock Performance

TJX Companies stock opened at $141.61 on Thursday. The business has a 50 day moving average of $140.77 and a 200-day moving average of $132.04. The TJX Companies, Inc. has a 1 year low of $111.73 and a 1 year high of $146.46. The company has a market capitalization of $157.61 billion, a P/E ratio of 32.26, a P/E/G ratio of 3.19 and a beta of 0.92. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.17 and a quick ratio of 0.52.

TJX Companies (NYSE:TJX) last announced its earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 EPS for the quarter, beating the consensus estimate of $1.01 by $0.09. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.The business had revenue of $14.40 billion for the quarter, compared to analysts’ expectations of $14.12 billion. During the same period in the prior year, the business posted $0.96 earnings per share. The firm’s revenue was up 6.9% on a year-over-year basis. TJX Companies has set its FY 2026 guidance at 4.520-4.570 EPS. Q3 2026 guidance at 1.170-1.190 EPS. On average, equities research analysts predict that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 4th. Investors of record on Thursday, November 13th will be issued a $0.425 dividend. The ex-dividend date 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.