The TJX Companies, Inc. $TJX Shares Sold by Forbes J M & Co. LLP

Forbes J M & Co. LLP trimmed its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 0.4% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 123,793 shares of the apparel and home fashions retailer’s stock after selling 478 shares during the quarter. TJX Companies comprises 1.4% of Forbes J M & Co. LLP’s investment portfolio, making the stock its 21st biggest holding. Forbes J M & Co. LLP’s holdings in TJX Companies were worth $15,287,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Brighton Jones LLC lifted its holdings in shares of TJX Companies by 113.7% in the 4th quarter. Brighton Jones LLC now owns 15,039 shares of the apparel and home fashions retailer’s stock valued at $1,817,000 after buying an additional 8,002 shares during the period. Revolve Wealth Partners LLC lifted its holdings in shares of TJX Companies by 12.1% in the 4th quarter. Revolve Wealth Partners LLC now owns 2,172 shares of the apparel and home fashions retailer’s stock valued at $262,000 after buying an additional 235 shares during the period. Bison Wealth LLC lifted its holdings in shares of TJX Companies by 32.9% in the 4th quarter. Bison Wealth LLC now owns 3,856 shares of the apparel and home fashions retailer’s stock valued at $466,000 after buying an additional 955 shares during the period. Fiduciary Alliance LLC lifted its holdings in shares of TJX Companies by 17.6% in the 1st quarter. Fiduciary Alliance LLC now owns 11,814 shares of the apparel and home fashions retailer’s stock valued at $1,439,000 after buying an additional 1,766 shares during the period. Finally, NBC Securities Inc. lifted its holdings in shares of TJX Companies by 101,242.9% in the 1st quarter. NBC Securities Inc. now owns 14,188 shares of the apparel and home fashions retailer’s stock valued at $1,728,000 after buying an additional 14,174 shares during the period. 91.09% of the stock is owned by institutional investors and hedge funds.

TJX Companies Stock Performance

TJX Companies stock opened at $144.54 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 stock has a fifty day moving average of $135.52 and a two-hundred day moving average of $128.82. The company has a market capitalization of $160.86 billion, a price-to-earnings ratio of 32.92, a PEG ratio of 3.23 and a beta of 0.90. The TJX Companies, Inc. has a fifty-two week low of $111.22 and a fifty-two week high of $145.58.

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 the consensus estimate of $1.01 by $0.09. The company had revenue of $14.40 billion during the quarter, compared to the consensus estimate 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 business 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, analysts anticipate that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 4th. Shareholders of record on Thursday, November 13th will be given a dividend of $0.425 per share. The ex-dividend date of this dividend is Thursday, November 13th. This represents a $1.70 annualized dividend and a yield of 1.2%. TJX Companies’s dividend payout ratio (DPR) is presently 38.72%.

Analyst Ratings Changes

Several research firms have recently commented on TJX. JPMorgan Chase & Co. raised their price target on TJX Companies from $145.00 to $148.00 and gave the company an “overweight” rating in a report on Thursday, August 21st. Wall Street Zen raised TJX Companies from a “hold” rating to a “buy” rating in a report on Saturday, August 23rd. Telsey Advisory Group reissued an “outperform” rating and issued a $155.00 price target (up from $150.00) on shares of TJX Companies in a report on Wednesday, August 20th. Daiwa Capital Markets started 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, Evercore ISI lifted their price objective on TJX Companies from $150.00 to $162.00 and gave the stock an “outperform” rating in a report on Thursday, August 21st. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $147.58.

TJX Companies Company 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.