The TJX Companies, Inc. $TJX Shares Bought by Sage Mountain Advisors LLC

Sage Mountain Advisors LLC grew its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 1.8% during the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 7,641 shares of the apparel and home fashions retailer’s stock after purchasing an additional 135 shares during the quarter. Sage Mountain Advisors LLC’s holdings in TJX Companies were worth $944,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of the company. AlphaQuest LLC increased its position in shares of TJX Companies by 1,155.6% during the 2nd quarter. AlphaQuest LLC now owns 12,983 shares of the apparel and home fashions retailer’s stock valued at $1,603,000 after purchasing an additional 11,949 shares during the period. Sumitomo Mitsui Trust Group Inc. increased its position in shares of TJX Companies by 1.0% during the 2nd quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,688,939 shares of the apparel and home fashions retailer’s stock valued at $332,057,000 after purchasing an additional 27,086 shares during the period. West Michigan Advisors LLC increased its position in shares of TJX Companies by 67.3% during the 2nd quarter. West Michigan Advisors LLC now owns 7,117 shares of the apparel and home fashions retailer’s stock valued at $879,000 after purchasing an additional 2,862 shares during the period. Moloney Securities Asset Management LLC increased its position in shares of TJX Companies by 38.9% during the 2nd quarter. Moloney Securities Asset Management LLC now owns 5,378 shares of the apparel and home fashions retailer’s stock valued at $664,000 after purchasing an additional 1,506 shares during the period. Finally, GLOBALT Investments LLC GA increased its position in shares of TJX Companies by 24.6% during the 2nd quarter. GLOBALT Investments LLC GA now owns 82,771 shares of the apparel and home fashions retailer’s stock valued at $10,221,000 after purchasing an additional 16,353 shares during the period. 91.09% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the company. Citigroup lifted their target price on TJX Companies from $140.00 to $160.00 and gave the stock a “buy” rating in a report on Thursday, August 21st. Robert W. Baird lifted their target price on TJX Companies from $143.00 to $152.00 and gave the stock an “outperform” rating in a report on Thursday, August 21st. Weiss Ratings restated a “buy (b+)” rating on shares of TJX Companies in a report on Friday. JPMorgan Chase & Co. lifted their target price on TJX Companies from $148.00 to $149.00 and gave the stock an “overweight” rating in a report on Monday, October 6th. Finally, Wall Street Zen upgraded TJX Companies from a “hold” rating to a “buy” rating in a report on Saturday, August 23rd. One 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 MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $148.50.

TJX Companies Stock Performance

Shares of TJX Companies stock opened at $141.90 on Friday. The stock has a market cap of $157.92 billion, a PE ratio of 32.32, a price-to-earnings-growth ratio of 3.16 and a beta of 0.92. The business has a fifty day simple moving average of $140.31 and a 200-day simple moving average of $131.60. 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 TJX Companies, Inc. has a 12 month low of $111.73 and a 12 month high of $146.46.

TJX Companies (NYSE:TJX) last issued its earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 EPS for the quarter, topping the consensus estimate 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%.TJX Companies’s revenue was up 6.9% compared to the same quarter last year. During the same quarter last year, the firm 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. On average, sell-side analysts anticipate that The TJX Companies, Inc. will post 4.18 EPS 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. Stockholders of record on Thursday, November 13th will be given 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 (DPR) is 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.