The TJX Companies, Inc. $TJX Shares Sold by Crestwood Advisors Group LLC

Crestwood Advisors Group LLC lessened its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 0.8% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 494,286 shares of the apparel and home fashions retailer’s stock after selling 3,864 shares during the period. TJX Companies accounts for approximately 1.1% of Crestwood Advisors Group LLC’s investment portfolio, making the stock its 25th biggest position. Crestwood Advisors Group LLC’s holdings in TJX Companies were worth $61,039,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. TCTC Holdings LLC raised its holdings in shares of TJX Companies by 210.1% during the first quarter. TCTC Holdings LLC now owns 214 shares of the apparel and home fashions retailer’s stock valued at $26,000 after acquiring an additional 145 shares during the last quarter. Princeton Global Asset Management LLC acquired a new position in TJX Companies in the 2nd quarter valued at $28,000. Iron Horse Wealth Management LLC raised its stake 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 last quarter. Activest Wealth Management raised its stake in TJX Companies by 4,485.7% in the 1st quarter. Activest Wealth Management now owns 321 shares of the apparel and home fashions retailer’s stock valued at $39,000 after purchasing an additional 314 shares during the last quarter. Finally, Maseco LLP acquired a new position in TJX Companies in the 2nd quarter valued at $43,000. Institutional investors and hedge funds own 91.09% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently commented on TJX. JPMorgan Chase & Co. increased their target price on shares of TJX Companies from $148.00 to $149.00 and gave the company an “overweight” rating in a research report on Monday, October 6th. Evercore ISI increased their price objective on shares of TJX Companies from $150.00 to $162.00 and gave the company an “outperform” rating in a report on Thursday, August 21st. Daiwa America raised TJX Companies to a “strong-buy” rating in a report on Tuesday, July 8th. Daiwa Capital Markets began coverage on TJX Companies in a report on Tuesday, July 8th. They issued an “outperform” rating and a $133.00 price target for the company. Finally, Morgan Stanley increased their price target on TJX Companies from $140.00 to $150.00 and gave the company an “overweight” rating in a report on Thursday, August 21st. One equities research 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. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $149.00.

TJX Companies Stock Up 1.2%

Shares of NYSE TJX opened at $142.06 on Wednesday. The company has a 50 day simple moving average of $141.15 and a 200-day simple moving average of $132.44. The company has a market capitalization of $158.10 billion, a P/E ratio of 32.36, a P/E/G ratio of 3.14 and a beta of 0.90. 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 TJX Companies, Inc. has a 1 year low of $112.10 and a 1 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 (EPS) 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 revenue was up 6.9% compared to the same quarter last year. During the same quarter last year, the firm earned $0.96 EPS. 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, equities research analysts predict that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 4th. Investors 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 presently 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.