Sachetta LLC Cuts Holdings in The TJX Companies, Inc. $TJX

Sachetta LLC trimmed its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 33.7% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 509 shares of the apparel and home fashions retailer’s stock after selling 259 shares during the period. Sachetta LLC’s holdings in TJX Companies were worth $63,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Vanguard Group Inc. increased its stake in TJX Companies by 1.1% in the 1st quarter. Vanguard Group Inc. now owns 100,413,764 shares of the apparel and home fashions retailer’s stock valued at $12,230,396,000 after purchasing an additional 1,099,129 shares in the last quarter. Ameriprise Financial Inc. increased its position in TJX Companies by 0.3% during the first quarter. Ameriprise Financial Inc. now owns 13,068,312 shares of the apparel and home fashions retailer’s stock worth $1,591,758,000 after buying an additional 35,800 shares in the last quarter. Amundi increased its position in TJX Companies by 10.2% during the first quarter. Amundi now owns 11,888,455 shares of the apparel and home fashions retailer’s stock worth $1,489,305,000 after buying an additional 1,104,292 shares in the last quarter. Nuveen LLC acquired a new stake in shares of TJX Companies during the first quarter worth $1,330,717,000. Finally, Invesco Ltd. boosted its holdings in shares of TJX Companies by 2.8% during the first quarter. Invesco Ltd. now owns 9,000,600 shares of the apparel and home fashions retailer’s stock worth $1,096,273,000 after purchasing an additional 247,579 shares during the last quarter. 91.09% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts recently weighed in on TJX shares. Wall Street Zen upgraded TJX Companies from a “hold” rating to a “buy” rating in a report on Saturday, August 23rd. Weiss Ratings restated a “buy (b+)” rating on shares of TJX Companies in a research note on Saturday, September 27th. Macquarie reaffirmed a “buy” rating on shares of TJX Companies in a research report on Monday, August 11th. UBS Group lifted their target price on TJX Companies from $164.00 to $172.00 and gave the stock a “buy” rating in a research report on Thursday, August 21st. Finally, Sanford C. Bernstein boosted their price objective on TJX Companies from $145.00 to $152.00 and gave the company an “outperform” rating in a report on Thursday, August 21st. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $147.63.

TJX Companies Stock Down 0.3%

TJX stock opened at $142.70 on Wednesday. The TJX Companies, Inc. has a 52-week low of $111.73 and a 52-week high of $145.58. 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 stock has a market capitalization of $158.81 billion, a price-to-earnings ratio of 32.51, a price-to-earnings-growth ratio of 3.22 and a beta of 0.92. The company has a 50-day moving average of $137.20 and a two-hundred day moving average of $129.75.

TJX Companies (NYSE:TJX) last announced its quarterly earnings data 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 firm 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%. The business’s revenue for the quarter was up 6.9% on a year-over-year basis. During the same period last year, the firm 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. As a group, equities research analysts anticipate that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Dividend Announcement

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