Paragon Capital Management LLC Sells 1,345 Shares of The TJX Companies, Inc. $TJX

Paragon Capital Management LLC reduced its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 3.1% during the second quarter, Holdings Channel reports. The firm owned 42,741 shares of the apparel and home fashions retailer’s stock after selling 1,345 shares during the quarter. TJX Companies makes up approximately 2.7% of Paragon Capital Management LLC’s portfolio, making the stock its 12th biggest position. Paragon Capital Management LLC’s holdings in TJX Companies were worth $5,278,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Nuveen LLC purchased a new position in shares of TJX Companies during the first quarter valued at about $1,330,717,000. Mirova US LLC lifted its holdings in TJX Companies by 164.5% in the second quarter. Mirova US LLC now owns 2,699,156 shares of the apparel and home fashions retailer’s stock worth $333,319,000 after buying an additional 1,678,665 shares during the period. Amundi boosted its position in 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 valued at $1,489,305,000 after acquiring an additional 1,104,292 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of TJX Companies by 1.1% during the 1st quarter. Vanguard Group Inc. now owns 100,413,764 shares of the apparel and home fashions retailer’s stock worth $12,230,396,000 after acquiring an additional 1,099,129 shares during the period. Finally, Goldman Sachs Group Inc. raised its position in shares of TJX Companies by 17.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 6,807,714 shares of the apparel and home fashions retailer’s stock worth $829,180,000 after acquiring an additional 1,025,329 shares in the last quarter. 91.09% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms recently weighed in on TJX. Telsey Advisory Group restated an “outperform” rating and set a $155.00 price target on shares of TJX Companies in a research report on Wednesday. BTIG Research started coverage on TJX Companies in a research report on Tuesday, October 14th. They set a “buy” rating and a $165.00 price objective for the company. Erste Group Bank started coverage on shares of TJX Companies in a report on Friday, September 5th. They set a “buy” rating on the stock. Bank of America increased their price target on shares of TJX Companies from $145.00 to $150.00 and gave the stock a “buy” rating in a research note on Thursday, August 21st. Finally, Jefferies Financial Group reissued a “buy” rating and set a $170.00 price target on shares of TJX Companies in a research report on Tuesday. One analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $151.75.

TJX Companies Price Performance

Shares of NYSE:TJX opened at $146.05 on Friday. The TJX Companies, Inc. has a 1-year low of $112.10 and a 1-year high of $148.11. 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 fifty day moving average price of $142.33 and a 200-day moving average price of $133.44. The company has a market capitalization of $162.55 billion, a PE ratio of 33.27, a PEG ratio of 3.14 and a beta of 0.90.

TJX Companies (NYSE:TJX) last announced its quarterly earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.01 by $0.09. The company had revenue of $14.40 billion for the quarter, compared to analysts’ expectations of $14.12 billion. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. TJX Companies’s revenue was up 6.9% compared to the same quarter last year. During the same quarter in the previous year, the business 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 analysts expect that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 4th. Investors of record on Thursday, November 13th will be given a dividend of $0.425 per share. The ex-dividend date of this dividend is Thursday, November 13th. This represents a $1.70 annualized dividend and a dividend yield of 1.2%. TJX Companies’s dividend payout ratio (DPR) is 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.