Intrinsic Value Partners LLC Sells 210 Shares of The TJX Companies, Inc. $TJX

Intrinsic Value Partners LLC lessened its position in The TJX Companies, Inc. (NYSE:TJX) by 8.8% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 2,186 shares of the apparel and home fashions retailer’s stock after selling 210 shares during the period. Intrinsic Value Partners LLC’s holdings in TJX Companies were worth $270,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Cape ANN Savings Bank bought a new position in shares of TJX Companies in the second quarter worth approximately $200,000. Fairvoy Private Wealth LLC raised its holdings in shares of TJX Companies by 6.3% during the second quarter. Fairvoy Private Wealth LLC now owns 27,076 shares of the apparel and home fashions retailer’s stock valued at $3,344,000 after purchasing an additional 1,598 shares during the last quarter. Stock Yards Bank & Trust Co. raised its holdings in shares of TJX Companies by 4.0% during the second quarter. Stock Yards Bank & Trust Co. now owns 43,306 shares of the apparel and home fashions retailer’s stock valued at $5,348,000 after purchasing an additional 1,677 shares during the last quarter. Barrett & Company Inc. raised its holdings in shares of TJX Companies by 585.1% during the second quarter. Barrett & Company Inc. now owns 507 shares of the apparel and home fashions retailer’s stock valued at $63,000 after purchasing an additional 433 shares during the last quarter. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its holdings in shares of TJX Companies by 13.7% during the second quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 57,005 shares of the apparel and home fashions retailer’s stock valued at $7,040,000 after purchasing an additional 6,881 shares during the last quarter. Institutional investors own 91.09% of the company’s stock.

TJX Companies Trading Down 0.8%

Shares of TJX stock opened at $141.30 on Friday. The TJX Companies, Inc. has a 1 year low of $111.22 and a 1 year high of $145.58. The firm has a fifty day moving average price of $136.51 and a 200-day moving average price of $129.30. 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 company has a market cap of $157.26 billion, a price-to-earnings ratio of 32.19, a PEG ratio of 3.21 and a beta of 0.92.

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, 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 firm had revenue of $14.40 billion during the quarter, compared to the consensus estimate of $14.12 billion. During the same quarter in the previous year, the firm posted $0.96 EPS. The company’s revenue for the quarter 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 predict that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Announces Dividend

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

Analysts Set New Price Targets

Several research analysts have recently weighed in on TJX shares. Sanford C. Bernstein boosted their price objective on shares of TJX Companies from $145.00 to $152.00 and gave the company an “outperform” rating in a report on Thursday, August 21st. Daiwa America raised shares of TJX Companies to a “strong-buy” rating in a report on Tuesday, July 8th. Erste Group Bank started coverage on shares of TJX Companies in a report on Friday, September 5th. They set a “buy” rating for the company. Daiwa Capital Markets started coverage on shares of TJX Companies in a report on Tuesday, July 8th. They set an “outperform” rating and a $133.00 price objective for the company. Finally, Bank of America boosted their price objective on shares of TJX Companies from $145.00 to $150.00 and gave the company a “buy” rating in a report on Thursday, August 21st. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of $147.58.

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.