Greenwood Capital Associates LLC Sells 3,582 Shares of The TJX Companies, Inc. $TJX

Greenwood Capital Associates LLC cut its holdings in The TJX Companies, Inc. (NYSE:TJX) by 6.9% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 48,637 shares of the apparel and home fashions retailer’s stock after selling 3,582 shares during the period. Greenwood Capital Associates LLC’s holdings in TJX Companies were worth $6,006,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Pinnacle Financial Partners Inc increased its stake in shares of TJX Companies by 2.2% in the first quarter. Pinnacle Financial Partners Inc now owns 387,342 shares of the apparel and home fashions retailer’s stock worth $46,989,000 after purchasing an additional 8,319 shares during the period. State of Alaska Department of Revenue increased its stake in TJX Companies by 1.7% during the first quarter. State of Alaska Department of Revenue now owns 181,712 shares of the apparel and home fashions retailer’s stock valued at $22,132,000 after acquiring an additional 3,125 shares during the period. FCG Investment Co bought a new position in TJX Companies during the first quarter valued at about $2,620,000. MinichMacGregor Wealth Management LLC bought a new position in TJX Companies during the second quarter valued at about $5,045,000. Finally, Mainstream Capital Management LLC increased its stake in TJX Companies by 4.3% during the first quarter. Mainstream Capital Management LLC now owns 12,450 shares of the apparel and home fashions retailer’s stock valued at $1,516,000 after acquiring an additional 515 shares during the period. 91.09% of the stock is currently owned by institutional investors.

TJX Companies Stock Down 1.2%

Shares of TJX opened at $142.56 on Friday. The company has a market capitalization of $158.66 billion, a P/E ratio of 32.47, a PEG ratio of 3.25 and a beta of 0.92. 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 one year low of $111.22 and a one year high of $145.58. The business’s 50 day simple moving average is $136.21 and its 200-day simple moving average is $129.12.

TJX Companies (NYSE:TJX) last posted its quarterly earnings data on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share 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 firm had revenue of $14.40 billion during the quarter, compared to analysts’ expectations of $14.12 billion. During the same quarter in the previous year, the company posted $0.96 EPS. TJX Companies’s revenue was up 6.9% on a year-over-year basis. 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, sell-side analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 4th. Investors of record on Thursday, November 13th will be given a $0.425 dividend. This represents a $1.70 annualized dividend and a yield of 1.2%. The ex-dividend date is Thursday, November 13th. TJX Companies’s payout ratio is 38.72%.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on TJX shares. Morgan Stanley boosted their price target on TJX Companies from $140.00 to $150.00 and gave the company an “overweight” rating in a research note on Thursday, August 21st. Citigroup lifted their price objective on TJX Companies from $140.00 to $160.00 and gave the company a “buy” rating in a report on Thursday, August 21st. Robert W. Baird lifted their price objective on TJX Companies from $143.00 to $152.00 and gave the company an “outperform” rating in a report on Thursday, August 21st. Wells Fargo & Company lifted their price objective on TJX Companies from $120.00 to $130.00 and gave the company an “equal weight” rating in a report on Thursday, August 21st. Finally, Telsey Advisory Group reaffirmed an “outperform” rating and set a $155.00 price objective (up from $150.00) on shares of TJX Companies in a report on Wednesday, August 20th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, TJX Companies currently has an average rating of “Buy” and an average target price of $147.58.

TJX Companies 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.