Tranquility Partners LLC Lowers Stock Holdings in The TJX Companies, Inc. $TJX

Tranquility Partners LLC decreased its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 3.9% during the second quarter, HoldingsChannel reports. The firm owned 13,080 shares of the apparel and home fashions retailer’s stock after selling 524 shares during the period. Tranquility Partners LLC’s holdings in TJX Companies were worth $1,615,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in TJX. Pinnacle Financial Partners Inc grew its stake in shares of TJX Companies by 2.2% during the first quarter. Pinnacle Financial Partners Inc now owns 387,342 shares of the apparel and home fashions retailer’s stock valued at $46,989,000 after buying an additional 8,319 shares during the last quarter. State of Alaska Department of Revenue grew its stake in shares of TJX Companies by 1.7% during the first quarter. State of Alaska Department of Revenue now owns 181,712 shares of the apparel and home fashions retailer’s stock valued at $22,132,000 after buying an additional 3,125 shares during the last quarter. FCG Investment Co bought a new position in shares of TJX Companies during the first quarter valued at about $2,620,000. MinichMacGregor Wealth Management LLC bought a new position in shares of TJX Companies during the second quarter valued at about $5,045,000. Finally, Mainstream Capital Management LLC grew its stake in shares of TJX Companies by 4.3% during the first quarter. Mainstream Capital Management LLC now owns 12,450 shares of the apparel and home fashions retailer’s stock valued at $1,516,000 after buying an additional 515 shares during the last quarter. Hedge funds and other institutional investors own 91.09% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on TJX. UBS Group raised their price objective on TJX Companies from $164.00 to $172.00 and gave the company a “buy” rating in a research note on Thursday, August 21st. JPMorgan Chase & Co. raised their price objective on TJX Companies from $148.00 to $149.00 and gave the company an “overweight” rating in a research note on Monday, October 6th. Citigroup raised their target price on TJX Companies from $140.00 to $160.00 and gave the stock a “buy” rating in a research note on Thursday, August 21st. Weiss Ratings reissued a “buy (b+)” rating on shares of TJX Companies in a research note on Wednesday. Finally, Macquarie reissued a “buy” rating on shares of TJX Companies in a research note on Monday, August 11th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $147.63.

TJX Companies Stock Performance

Shares of TJX opened at $140.38 on Friday. 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 one year low of $111.73 and a one year high of $145.58. The company has a 50-day simple moving average of $138.07 and a two-hundred day simple moving average of $130.17. The firm has a market capitalization of $156.23 billion, a PE ratio of 31.98, a price-to-earnings-growth ratio of 3.12 and a beta of 0.92.

TJX Companies (NYSE:TJX) last issued its quarterly earnings data 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. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. The business had revenue of $14.40 billion during the quarter, compared to analyst estimates of $14.12 billion. During the same period last year, the business posted $0.96 earnings per share. TJX Companies’s quarterly revenue was up 6.9% compared to the same quarter last year. 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 Announces Dividend

The business also recently disclosed 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 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 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.