Vanguard Group Inc. increased its holdings in The TJX Companies, Inc. (NYSE:TJX – Free Report) by 0.7% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 101,141,056 shares of the apparel and home fashions retailer’s stock after acquiring an additional 727,292 shares during the quarter. Vanguard Group Inc. owned about 0.09% of TJX Companies worth $12,489,909,000 as of its most recent filing with the Securities & Exchange Commission.
Several other large investors have also added to or reduced their stakes in TJX. FCG Investment Co purchased a new position in TJX Companies during the first quarter valued at approximately $2,620,000. MinichMacGregor Wealth Management LLC purchased a new position in shares of TJX Companies during the 2nd quarter valued at $5,045,000. Infusive Asset Management Inc. lifted its stake in shares of TJX Companies by 30.1% during the 1st quarter. Infusive Asset Management Inc. now owns 27,730 shares of the apparel and home fashions retailer’s stock valued at $3,378,000 after buying an additional 6,415 shares in the last quarter. First American Bank boosted its holdings in TJX Companies by 4.5% in the 2nd quarter. First American Bank now owns 138,840 shares of the apparel and home fashions retailer’s stock worth $17,145,000 after buying an additional 5,921 shares during the period. Finally, Wedbush Securities Inc. increased its stake in TJX Companies by 52.3% in the 2nd quarter. Wedbush Securities Inc. now owns 27,193 shares of the apparel and home fashions retailer’s stock worth $3,358,000 after buying an additional 9,334 shares in the last quarter. Institutional investors own 91.09% of the company’s stock.
Wall Street Analysts Forecast Growth
Several equities analysts have recently commented on the company. JPMorgan Chase & Co. boosted their price objective on TJX Companies from $148.00 to $149.00 and gave the company an “overweight” rating in a research report on Monday, October 6th. Wall Street Zen raised TJX Companies from a “hold” rating to a “buy” rating in a research note on Saturday, August 23rd. Citigroup boosted their price target 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 increased their price objective on shares of TJX Companies from $143.00 to $152.00 and gave the company an “outperform” rating in a report on Thursday, August 21st. Finally, Wells Fargo & Company set a $140.00 price objective on shares of TJX Companies and gave the company an “equal weight” rating in a research report on Monday, October 27th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of $151.75.
TJX Companies Stock Performance
NYSE TJX opened at $145.20 on Tuesday. The stock has a market capitalization of $161.60 billion, a PE ratio of 33.08, a P/E/G ratio of 3.14 and a beta of 0.90. The business has a 50 day simple moving average of $142.42 and a two-hundred day simple moving average of $133.64. 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 $148.11.
TJX Companies (NYSE:TJX – Get Free Report) last issued its quarterly earnings data on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.09. The business had revenue of $14.40 billion for 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%.The company’s revenue for the quarter was up 6.9% on a year-over-year basis. During the same period in the prior 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, research analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.
TJX Companies Announces Dividend
The firm also recently disclosed 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 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%.
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.
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