Strs Ohio Buys 55,925 Shares of The TJX Companies, Inc. $TJX

Strs Ohio lifted its stake in The TJX Companies, Inc. (NYSE:TJX) by 13.9% during the second quarter, Holdings Channel reports. The fund owned 459,459 shares of the apparel and home fashions retailer’s stock after acquiring an additional 55,925 shares during the quarter. Strs Ohio’s holdings in TJX Companies were worth $56,739,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. TCTC Holdings LLC lifted its position in TJX Companies by 210.1% during the 1st 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 during the last quarter. Princeton Global Asset Management LLC bought a new stake in shares of TJX Companies in the second quarter valued at approximately $28,000. Atlantic Edge Private Wealth Management LLC raised its stake in TJX Companies by 58.8% during the 1st 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 purchasing an additional 110 shares during the last quarter. Iron Horse Wealth Management LLC boosted its holdings 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 valued at $36,000 after purchasing an additional 149 shares during the period. Finally, Activest Wealth Management increased its holdings in shares of TJX Companies by 4,485.7% during the 1st 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 during the period. 91.09% of the stock is owned by institutional investors.

TJX Companies Trading Down 1.7%

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

TJX Companies (NYSE:TJX) last posted its quarterly earnings data on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.09. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. The firm had revenue of $14.40 billion during the quarter, compared to analysts’ expectations of $14.12 billion. During the same quarter in the previous year, the company posted $0.96 EPS. TJX Companies’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. As a group, equities analysts expect that The TJX Companies, Inc. will post 4.18 earnings per share 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. Investors of record on Thursday, November 13th will be paid 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 payout ratio is 38.72%.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the stock. Daiwa Capital Markets began coverage on shares of TJX Companies in a research note on Tuesday, July 8th. They issued an “outperform” rating and a $133.00 target price for the company. Telsey Advisory Group reiterated an “outperform” rating and set a $155.00 price target (up previously from $150.00) on shares of TJX Companies in a research note on Wednesday, August 20th. Sanford C. Bernstein increased their price objective on shares of TJX Companies from $145.00 to $152.00 and gave the company an “outperform” rating in a research note on Thursday, August 21st. Daiwa America upgraded shares of TJX Companies to a “strong-buy” rating in a research report on Tuesday, July 8th. Finally, JPMorgan Chase & Co. lifted their price objective on TJX Companies from $148.00 to $149.00 and gave the company an “overweight” rating in a report on Monday, October 6th. One analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Buy” and an average target price of $149.00.

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.