Resonant Capital Advisors LLC Grows Stock Holdings in The TJX Companies, Inc. $TJX

Resonant Capital Advisors LLC raised its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 35.7% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 4,645 shares of the apparel and home fashions retailer’s stock after acquiring an additional 1,221 shares during the period. Resonant Capital Advisors LLC’s holdings in TJX Companies were worth $574,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the stock. TCTC Holdings LLC grew its position 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 valued at $26,000 after buying an additional 145 shares during the last quarter. Princeton Global Asset Management LLC acquired a new stake in shares of TJX Companies in the 2nd quarter worth $28,000. Atlantic Edge Private Wealth Management LLC boosted its holdings in shares of TJX Companies by 58.8% in the first quarter. Atlantic Edge Private Wealth Management LLC now owns 297 shares of the apparel and home fashions retailer’s stock valued at $36,000 after acquiring an additional 110 shares in the last quarter. Iron Horse Wealth Management LLC increased its stake in shares of TJX Companies by 99.3% during the first quarter. Iron Horse Wealth Management LLC now owns 299 shares of the apparel and home fashions retailer’s stock worth $36,000 after acquiring an additional 149 shares during the period. Finally, Activest Wealth Management raised its holdings in TJX Companies by 4,485.7% during the first 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 in the last quarter. 91.09% of the stock is owned by institutional investors and hedge funds.

TJX Companies Stock Down 0.4%

TJX opened at $141.90 on Monday. The business’s fifty day moving average is $140.31 and its two-hundred day moving average is $131.71. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.52 and a current ratio of 1.17. The company has a market cap of $157.92 billion, a price-to-earnings ratio of 32.32, a PEG ratio of 3.15 and a beta of 0.92. The TJX Companies, Inc. has a one year low of $111.73 and a one year high of $146.46.

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 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 analysts’ expectations 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 for the quarter was up 6.9% on a year-over-year basis. During the same quarter last year, the business posted $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. Analysts anticipate that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Announces Dividend

The firm also recently declared 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. This represents a $1.70 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Thursday, November 13th. TJX Companies’s dividend payout ratio is 38.72%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. BTIG Research started coverage on TJX Companies in a report on Tuesday, October 14th. They issued a “buy” rating and a $165.00 price objective on the stock. UBS Group lifted their price target on TJX Companies from $164.00 to $172.00 and gave the company a “buy” rating in a research note on Thursday, August 21st. Robert W. Baird increased their price objective on TJX Companies from $143.00 to $152.00 and gave the stock an “outperform” rating in a research report on Thursday, August 21st. Macquarie reissued a “buy” rating on shares of TJX Companies in a report on Monday, August 11th. Finally, Wells Fargo & Company upped their price target on shares of TJX Companies from $120.00 to $130.00 and gave the stock an “equal weight” rating in a research note on Thursday, August 21st. 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 presently has a consensus rating of “Buy” and an average target price of $148.50.

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.