Canandaigua National Trust Co of Florida Boosts Stock Position in The TJX Companies, Inc. $TJX

Canandaigua National Trust Co of Florida lifted its stake in The TJX Companies, Inc. (NYSE:TJX) by 18.2% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 5,315 shares of the apparel and home fashions retailer’s stock after buying an additional 818 shares during the quarter. Canandaigua National Trust Co of Florida’s holdings in TJX Companies were worth $656,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. TCTC Holdings LLC raised its holdings in TJX Companies by 210.1% in the 1st 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 during the period. Atlantic Edge Private Wealth Management LLC raised its holdings in TJX Companies by 58.8% in the 1st quarter. Atlantic Edge Private Wealth Management LLC now owns 297 shares of the apparel and home fashions retailer’s stock worth $36,000 after purchasing an additional 110 shares during the period. Iron Horse Wealth Management LLC raised its holdings in TJX Companies by 99.3% in the 1st quarter. Iron Horse Wealth Management LLC now owns 299 shares of the apparel and home fashions retailer’s stock worth $36,000 after purchasing an additional 149 shares during the period. Inlight Wealth Management LLC acquired a new position in TJX Companies in the 1st quarter worth about $37,000. Finally, Activest Wealth Management raised its holdings in TJX Companies by 4,485.7% in the 1st quarter. Activest Wealth Management now owns 321 shares of the apparel and home fashions retailer’s stock worth $39,000 after purchasing an additional 314 shares during the period. Hedge funds and other institutional investors own 91.09% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently weighed in on TJX. BMO Capital Markets reaffirmed an “outperform” rating on shares of TJX Companies in a report on Wednesday, May 21st. Daiwa America raised TJX Companies to a “strong-buy” rating in a report on Tuesday, July 8th. TD Securities upped their price target on TJX Companies from $140.00 to $142.00 and gave the stock a “buy” rating in a report on Tuesday, May 20th. Macquarie reaffirmed a “buy” rating on shares of TJX Companies in a report on Monday, August 11th. Finally, Morgan Stanley increased their target price on TJX Companies from $140.00 to $150.00 and gave the company an “overweight” rating in a report on Thursday, August 21st. One research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, TJX Companies presently has an average rating of “Buy” and a consensus price target of $147.58.

TJX Companies Price Performance

TJX stock opened at $139.55 on Monday. 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 business has a 50 day simple moving average of $131.39 and a 200-day simple moving average of $127.03. The firm has a market capitalization of $155.31 billion, a PE ratio of 31.79, a price-to-earnings-growth ratio of 3.14 and a beta of 0.90. The TJX Companies, Inc. has a 1 year low of $111.22 and a 1 year high of $145.58.

TJX Companies (NYSE:TJX) last posted its quarterly 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. The business had revenue of $14.40 billion during the quarter, compared to analyst estimates of $14.12 billion. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.The business’s revenue was up 6.9% compared to the same quarter last year. During the same period in the prior year, the business earned $0.96 earnings per share. TJX Companies has set its FY 2026 guidance at 4.520-4.570 EPS. Q3 2026 guidance at 1.170-1.190 EPS. Equities research analysts anticipate that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

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.