The TJX Companies, Inc. $TJX Shares Acquired by Forsta AP Fonden

Forsta AP Fonden lifted its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 5.0% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 347,900 shares of the apparel and home fashions retailer’s stock after buying an additional 16,500 shares during the quarter. Forsta AP Fonden’s holdings in TJX Companies were worth $42,962,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. Revolve Wealth Partners LLC raised its holdings in TJX Companies by 3.3% in the 2nd quarter. Revolve Wealth Partners LLC now owns 2,453 shares of the apparel and home fashions retailer’s stock valued at $303,000 after acquiring an additional 79 shares during the last quarter. Roble Belko & Company Inc lifted its position in TJX Companies by 0.3% during the second quarter. Roble Belko & Company Inc now owns 31,478 shares of the apparel and home fashions retailer’s stock worth $3,887,000 after buying an additional 82 shares during the period. Knuff & Co LLC grew its holdings in TJX Companies by 8.5% in the 1st quarter. Knuff & Co LLC now owns 1,056 shares of the apparel and home fashions retailer’s stock valued at $129,000 after buying an additional 83 shares during the period. 3Chopt Investment Partners LLC increased its stake in shares of TJX Companies by 1.6% during the 2nd quarter. 3Chopt Investment Partners LLC now owns 5,239 shares of the apparel and home fashions retailer’s stock valued at $647,000 after acquiring an additional 83 shares during the last quarter. Finally, McLean Asset Management Corp lifted its holdings in shares of TJX Companies by 3.2% during the 2nd quarter. McLean Asset Management Corp now owns 2,746 shares of the apparel and home fashions retailer’s stock worth $344,000 after acquiring an additional 84 shares during the period. Institutional investors and hedge funds own 91.09% of the company’s stock.

TJX Companies Stock Down 0.5%

Shares of NYSE TJX opened at $146.04 on Wednesday. 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 TJX Companies, Inc. has a 1 year low of $112.10 and a 1 year high of $147.59. The stock’s 50-day simple moving average is $141.93 and its 200-day simple moving average is $133.12. The firm has a market cap of $162.53 billion, a price-to-earnings ratio of 33.27, a PEG ratio of 3.14 and a beta of 0.90.

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

TJX Companies Dividend Announcement

The firm 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 (DPR) is currently 38.72%.

Analyst Upgrades and Downgrades

TJX has been the topic of a number of recent analyst reports. BTIG Research began coverage on shares of TJX Companies in a research note on Tuesday, October 14th. They set a “buy” rating and a $165.00 price target on the stock. UBS Group reiterated a “buy” rating and issued a $172.00 target price on shares of TJX Companies in a report on Tuesday, November 4th. Weiss Ratings reissued a “buy (b+)” rating on shares of TJX Companies in a research report on Wednesday, October 8th. Citigroup raised their price objective on TJX Companies from $140.00 to $160.00 and gave the stock a “buy” rating in a report on Thursday, August 21st. Finally, Erste Group Bank assumed coverage on TJX Companies in a research note on Friday, September 5th. They issued a “buy” rating on the stock. 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, the stock presently has an average rating of “Buy” and an average target price of $151.75.

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.