Westfield Capital Management Co. LP Lowers Holdings in The TJX Companies, Inc. $TJX

Westfield Capital Management Co. LP trimmed its stake in The TJX Companies, Inc. (NYSE:TJX) by 8.6% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 59,349 shares of the apparel and home fashions retailer’s stock after selling 5,590 shares during the quarter. Westfield Capital Management Co. LP’s holdings in TJX Companies were worth $7,329,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. TCTC Holdings LLC grew its position in TJX Companies by 210.1% during the 1st 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 during the last quarter. Princeton Global Asset Management LLC purchased a new position in TJX Companies in the second quarter worth about $28,000. Legacy Investment Solutions LLC bought a new position in shares of TJX Companies in the second quarter worth approximately $32,000. True Wealth Design LLC grew its holdings in shares of TJX Companies by 121.1% during the second quarter. True Wealth Design LLC now owns 272 shares of the apparel and home fashions retailer’s stock valued at $34,000 after buying an additional 149 shares during the last quarter. Finally, Activest Wealth Management increased its position 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 acquiring an additional 314 shares in the last quarter. 91.09% of the stock is currently owned by institutional investors.

TJX Companies Stock Up 1.6%

TJX Companies stock opened at $148.20 on Friday. The stock has a market cap of $164.94 billion, a PE ratio of 33.76, a price-to-earnings-growth ratio of 3.14 and a beta of 0.90. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.52 and a current ratio of 1.17. The TJX Companies, Inc. has a one year low of $112.10 and a one year high of $151.00. The stock has a fifty day moving average of $142.81 and a 200 day moving average of $133.94.

TJX Companies (NYSE:TJX) last announced its earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.22 by $0.06. The business had revenue of $15.12 billion for the quarter, compared to analysts’ expectations of $14.80 billion. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.The business’s revenue for the quarter was up 7.5% on a year-over-year basis. During the same period last year, the firm posted $1.14 earnings per share. TJX Companies has set its Q4 2026 guidance at 1.330-1.360 EPS. FY 2026 guidance at 4.630-4.660 EPS. As a group, sell-side analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 4th. Investors of record on Thursday, November 13th will be given a dividend of $0.425 per share. This represents a $1.70 annualized dividend and a yield of 1.1%. The ex-dividend date is Thursday, November 13th. TJX Companies’s payout ratio is 38.72%.

Analysts Set New Price Targets

TJX has been the topic of several analyst reports. Macquarie reaffirmed a “buy” rating on shares of TJX Companies in a research report on Monday, August 11th. Citigroup restated a “buy” rating and issued a $168.00 price target (up previously from $160.00) on shares of TJX Companies in a research note on Thursday. Robert W. Baird set a $160.00 price target on TJX Companies and gave the company an “outperform” rating in a report on Thursday. Weiss Ratings reiterated a “buy (b+)” rating on shares of TJX Companies in a report on Wednesday, October 8th. Finally, Cowen restated a “buy” rating on shares of TJX Companies in a research note on Thursday. One research analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $158.90.

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.