Venturi Wealth Management LLC Sells 2,715 Shares of The TJX Companies, Inc. $TJX

Venturi Wealth Management LLC reduced its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 2.2% during the second quarter, HoldingsChannel reports. The firm owned 123,115 shares of the apparel and home fashions retailer’s stock after selling 2,715 shares during the period. Venturi Wealth Management LLC’s holdings in TJX Companies were worth $15,204,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of TJX. TCTC Holdings LLC lifted 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 purchasing an additional 145 shares in the last quarter. Atlantic Edge Private Wealth Management LLC lifted its holdings in shares of TJX Companies by 58.8% during the first quarter. Atlantic Edge Private Wealth Management LLC now owns 297 shares of the apparel and home fashions retailer’s stock valued at $36,000 after purchasing an additional 110 shares in the last quarter. Iron Horse Wealth Management LLC lifted its holdings in shares of TJX Companies by 99.3% during the first 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 in the last quarter. Inlight Wealth Management LLC bought a new position in shares of TJX Companies during the first quarter valued at $37,000. Finally, Activest Wealth Management lifted its holdings in shares of TJX Companies by 4,485.7% during the first 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 in the last quarter. 91.09% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the company. Evercore ISI upped their price objective on TJX Companies from $150.00 to $162.00 and gave the company an “outperform” rating in a research report on Thursday, August 21st. Citigroup upped their price objective on TJX Companies from $140.00 to $160.00 and gave the company a “buy” rating in a research report on Thursday, August 21st. JPMorgan Chase & Co. upped 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. Weiss Ratings reiterated a “buy (b+)” rating on shares of TJX Companies in a research report on Saturday, September 27th. Finally, Wall Street Zen upgraded TJX Companies from a “hold” rating to a “buy” rating in a research report on Saturday, August 23rd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $147.63.

TJX Companies Stock Performance

NYSE TJX opened at $142.70 on Wednesday. The stock has a market capitalization of $158.81 billion, a PE ratio of 32.51, a P/E/G ratio of 3.22 and a beta of 0.92. The business has a 50 day simple moving average of $137.20 and a two-hundred day simple moving average of $129.75. 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 $111.73 and a 1-year 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, beating the consensus estimate of $1.01 by $0.09. The business had revenue of $14.40 billion during 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 firm’s revenue for the quarter was up 6.9% compared to the same quarter last year. During the same quarter last year, the business posted $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 Dividend Announcement

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