Tufton Capital Management Sells 5,279 Shares of The TJX Companies, Inc. $TJX

Tufton Capital Management lessened its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 4.0% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 125,843 shares of the apparel and home fashions retailer’s stock after selling 5,279 shares during the quarter. TJX Companies comprises about 3.0% of Tufton Capital Management’s investment portfolio, making the stock its 6th biggest position. Tufton Capital Management’s holdings in TJX Companies were worth $15,540,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the business. Vanguard Group Inc. boosted its holdings in shares of TJX Companies by 1.1% during the first quarter. Vanguard Group Inc. now owns 100,413,764 shares of the apparel and home fashions retailer’s stock worth $12,230,396,000 after purchasing an additional 1,099,129 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of TJX Companies by 0.3% during the first quarter. Ameriprise Financial Inc. now owns 13,068,312 shares of the apparel and home fashions retailer’s stock worth $1,591,758,000 after purchasing an additional 35,800 shares during the last quarter. Amundi boosted its holdings in shares of TJX Companies by 10.2% during the first quarter. Amundi now owns 11,888,455 shares of the apparel and home fashions retailer’s stock worth $1,489,305,000 after purchasing an additional 1,104,292 shares during the last quarter. Nuveen LLC acquired a new stake in shares of TJX Companies during the first quarter worth $1,330,717,000. Finally, Invesco Ltd. boosted its holdings in shares of TJX Companies by 2.8% during the first quarter. Invesco Ltd. now owns 9,000,600 shares of the apparel and home fashions retailer’s stock worth $1,096,273,000 after purchasing an additional 247,579 shares during the last quarter. Institutional investors and hedge funds own 91.09% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the company. Morgan Stanley raised their price objective on TJX Companies from $140.00 to $150.00 and gave the stock an “overweight” rating in a report on Thursday, August 21st. Daiwa America raised TJX Companies to a “strong-buy” rating in a research report on Tuesday, July 8th. Daiwa Capital Markets began coverage on TJX Companies in a research report on Tuesday, July 8th. They issued an “outperform” rating and a $133.00 target price on the stock. Barclays increased their target price on TJX Companies from $147.00 to $155.00 and gave the stock an “overweight” rating in a research report on Thursday, August 21st. Finally, JPMorgan Chase & Co. increased their target price on TJX Companies from $148.00 to $149.00 and gave the stock an “overweight” rating in a research report on Monday, October 6th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of $149.00.

TJX Companies Trading Up 0.1%

NYSE:TJX opened at $140.27 on Tuesday. The business’s 50-day moving average is $141.04 and its two-hundred day moving average is $132.34. 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 12 month low of $111.73 and a 12 month high of $146.46. The firm has a market capitalization of $156.11 billion, a PE ratio of 31.95, a price-to-earnings-growth ratio of 3.14 and a beta of 0.92.

TJX Companies (NYSE:TJX) last released its quarterly earnings data on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 EPS for the quarter, beating the consensus estimate of $1.01 by $0.09. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.The company had revenue of $14.40 billion for the quarter, compared to analyst estimates of $14.12 billion. During the same period last year, the company posted $0.96 earnings per share. The firm’s 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. Research analysts predict that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Announces Dividend

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 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 payout ratio is presently 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.