Westwood Holdings Group Inc. Sells 10,423 Shares of The TJX Companies, Inc. $TJX

Westwood Holdings Group Inc. cut its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 5.2% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 189,797 shares of the apparel and home fashions retailer’s stock after selling 10,423 shares during the period. Westwood Holdings Group Inc.’s holdings in TJX Companies were worth $23,438,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. TCTC Holdings LLC boosted its stake in TJX Companies by 210.1% in the first quarter. TCTC Holdings LLC now owns 214 shares of the apparel and home fashions retailer’s stock worth $26,000 after purchasing an additional 145 shares in the last quarter. Princeton Global Asset Management LLC bought a new position in shares of TJX Companies in the second quarter valued at about $28,000. Legacy Investment Solutions LLC acquired a new position in TJX Companies during the 2nd quarter worth about $32,000. True Wealth Design LLC lifted its position in TJX Companies by 121.1% during the 2nd quarter. True Wealth Design LLC now owns 272 shares of the apparel and home fashions retailer’s stock worth $34,000 after buying an additional 149 shares in the last quarter. Finally, Activest Wealth Management grew its holdings in TJX Companies by 4,485.7% during the 1st quarter. Activest Wealth Management now owns 321 shares of the apparel and home fashions retailer’s stock worth $39,000 after acquiring an additional 314 shares during the last quarter. 91.09% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages have recently issued reports on TJX. TD Cowen upped their target price on shares of TJX Companies from $160.00 to $162.00 and gave the stock a “buy” rating in a research report on Monday, November 10th. Bank of America upped their price objective on TJX Companies from $145.00 to $150.00 and gave the stock a “buy” rating in a report on Thursday, August 21st. JPMorgan Chase & Co. lifted their target price on TJX Companies from $148.00 to $149.00 and gave the company an “overweight” rating in a research note on Monday, October 6th. Weiss Ratings restated a “buy (b+)” rating on shares of TJX Companies in a research report on Wednesday, October 8th. Finally, Jefferies Financial Group reiterated a “buy” rating and issued a $170.00 price target on shares of TJX Companies in a report on Tuesday. One investment 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 company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $151.75.

TJX Companies Stock Down 0.2%

NYSE:TJX opened at $146.05 on Friday. The stock has a market cap of $162.55 billion, a price-to-earnings ratio of 33.27, a PEG ratio of 3.14 and a beta of 0.90. The company has a current ratio of 1.17, a quick ratio of 0.52 and a debt-to-equity ratio of 0.32. The stock has a 50-day moving average price of $142.33 and a two-hundred day moving average price of $133.48. The TJX Companies, Inc. has a 1 year low of $112.10 and a 1 year high of $148.11.

TJX Companies (NYSE:TJX) 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. 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 during the quarter, compared to the consensus estimate of $14.12 billion. During the same quarter in the prior year, the firm earned $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. As a group, equities analysts expect that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 4th. Shareholders of record on Thursday, November 13th will be paid a $0.425 dividend. This represents a $1.70 dividend on an annualized basis 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%.

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.