Rathbones Group PLC Lowers Stock Holdings in The TJX Companies, Inc. $TJX

Rathbones Group PLC reduced its stake in The TJX Companies, Inc. (NYSE:TJX) by 1.0% during the second quarter, HoldingsChannel.com reports. The firm owned 1,001,108 shares of the apparel and home fashions retailer’s stock after selling 9,834 shares during the quarter. Rathbones Group PLC’s holdings in TJX Companies were worth $123,627,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in TJX. TCTC Holdings LLC boosted its holdings in TJX Companies by 210.1% in the first quarter. TCTC Holdings LLC now owns 214 shares of the apparel and home fashions retailer’s stock worth $26,000 after acquiring an additional 145 shares in the last quarter. Princeton Global Asset Management LLC bought a new position in shares of TJX Companies during the second quarter valued at $28,000. Legacy Investment Solutions LLC purchased a new position in shares of TJX Companies in the 2nd quarter worth about $32,000. True Wealth Design LLC boosted its stake in TJX Companies by 121.1% in the 2nd quarter. True Wealth Design LLC now owns 272 shares of the apparel and home fashions retailer’s stock worth $34,000 after purchasing an additional 149 shares in the last quarter. Finally, Iron Horse Wealth Management LLC boosted its stake 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 in the last quarter. Hedge funds and other institutional investors own 91.09% of the company’s stock.

Analyst Ratings Changes

A number of analysts have weighed in on the stock. UBS Group restated a “buy” rating and set a $172.00 price objective on shares of TJX Companies in a research note on Tuesday. Wells Fargo & Company set a $140.00 price target on shares of TJX Companies and gave the company an “equal weight” rating in a research report on Monday, October 27th. 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. Telsey Advisory Group reiterated an “outperform” rating and set a $155.00 target price (up from $150.00) on shares of TJX Companies in a research note on Wednesday, August 20th. Finally, Wall Street Zen upgraded TJX Companies from a “hold” rating to a “buy” rating in a research note on Saturday, August 23rd. One equities research 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. According to data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $149.00.

TJX Companies Stock Up 0.6%

Shares of TJX Companies stock opened at $144.59 on Friday. The TJX Companies, Inc. has a twelve month low of $112.10 and a twelve month high of $146.46. The company has a quick ratio of 0.52, a current ratio of 1.17 and a debt-to-equity ratio of 0.32. The company’s 50 day moving average is $141.57 and its 200 day moving average is $132.79. The company has a market cap of $160.92 billion, a price-to-earnings ratio of 32.94, a price-to-earnings-growth ratio of 3.14 and a beta of 0.90.

TJX Companies (NYSE:TJX) last announced its earnings results 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 quarterly revenue was up 6.9% compared to the same quarter last year. During the same period in the previous year, the business earned $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. Research analysts anticipate that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Announces Dividend

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

TJX Companies 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.