WASHINGTON TRUST Co Decreases Stock Holdings in The TJX Companies, Inc. $TJX

WASHINGTON TRUST Co cut its holdings in The TJX Companies, Inc. (NYSE:TJX) by 0.6% in the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 231,972 shares of the apparel and home fashions retailer’s stock after selling 1,423 shares during the quarter. TJX Companies comprises 1.0% of WASHINGTON TRUST Co’s holdings, making the stock its 20th largest position. WASHINGTON TRUST Co’s holdings in TJX Companies were worth $28,646,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the stock. Vanguard Group Inc. lifted its position in shares of TJX Companies by 1.1% during the 1st quarter. Vanguard Group Inc. now owns 100,413,764 shares of the apparel and home fashions retailer’s stock valued at $12,230,396,000 after buying an additional 1,099,129 shares in the last quarter. Geode Capital Management LLC boosted its holdings in TJX Companies by 1.2% in the 2nd quarter. Geode Capital Management LLC now owns 26,070,916 shares of the apparel and home fashions retailer’s stock valued at $3,205,927,000 after purchasing an additional 301,127 shares in the last quarter. Ameriprise Financial Inc. increased its position in shares of TJX Companies by 0.3% in the first quarter. Ameriprise Financial Inc. now owns 13,068,312 shares of the apparel and home fashions retailer’s stock valued at $1,591,758,000 after buying an additional 35,800 shares in 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. Finally, Nuveen LLC purchased a new position in TJX Companies in the first quarter valued at about $1,330,717,000. Hedge funds and other institutional investors own 91.09% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently weighed in on TJX shares. Macquarie reiterated a “buy” rating on shares of TJX Companies in a research report on Monday, August 11th. Morgan Stanley upped their price target on shares of TJX Companies from $140.00 to $150.00 and gave the company an “overweight” rating in a report on Thursday, August 21st. TD Cowen raised their price objective on TJX Companies from $160.00 to $162.00 and gave the stock a “buy” rating in a research note on Monday. Robert W. Baird boosted their price target 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, Telsey Advisory Group restated an “outperform” rating and set a $155.00 price target on shares of TJX Companies in a report on Wednesday. One analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $151.75.

TJX Companies Trading Down 0.1%

TJX traded down $0.13 during mid-day trading on Thursday, hitting $147.50. The stock had a trading volume of 292,729 shares, compared to its average volume of 5,162,147. The TJX Companies, Inc. has a 1-year low of $112.10 and a 1-year high of $148.11. 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 firm has a market capitalization of $164.16 billion, a price-to-earnings ratio of 33.60, a price-to-earnings-growth ratio of 3.14 and a beta of 0.90. The stock’s fifty day simple moving average is $142.09 and its 200-day simple moving average is $133.22.

TJX Companies (NYSE:TJX) last issued its earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.01 by $0.09. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. The company had revenue of $14.40 billion for the quarter, compared to analysts’ expectations of $14.12 billion. During the same period in the prior year, the firm earned $0.96 EPS. 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. As a group, research analysts forecast that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Dividend Announcement

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 $0.425 dividend. 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 payout ratio is currently 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.