Financial Insights Inc. Buys 321 Shares of The TJX Companies, Inc. $TJX

Financial Insights Inc. boosted its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 17.4% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,161 shares of the apparel and home fashions retailer’s stock after acquiring an additional 321 shares during the quarter. Financial Insights Inc.’s holdings in TJX Companies were worth $267,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Penobscot Investment Management Company Inc. grew its holdings in TJX Companies by 2.6% during the 2nd quarter. Penobscot Investment Management Company Inc. now owns 107,699 shares of the apparel and home fashions retailer’s stock worth $13,300,000 after acquiring an additional 2,682 shares during the last quarter. Capricorn Fund Managers Ltd lifted its position in TJX Companies by 50.9% during the 2nd quarter. Capricorn Fund Managers Ltd now owns 41,499 shares of the apparel and home fashions retailer’s stock valued at $5,125,000 after purchasing an additional 13,999 shares during the period. Quent Capital LLC lifted its position in TJX Companies by 9.2% during the 2nd quarter. Quent Capital LLC now owns 5,842 shares of the apparel and home fashions retailer’s stock valued at $721,000 after purchasing an additional 490 shares during the period. NTV Asset Management LLC lifted its position in TJX Companies by 4.8% during the 2nd quarter. NTV Asset Management LLC now owns 4,001 shares of the apparel and home fashions retailer’s stock valued at $494,000 after purchasing an additional 183 shares during the period. Finally, 111 Capital lifted its position in TJX Companies by 93.5% during the 2nd quarter. 111 Capital now owns 12,663 shares of the apparel and home fashions retailer’s stock valued at $1,564,000 after purchasing an additional 6,118 shares during the period. Institutional investors own 91.09% of the company’s stock.

Analyst Ratings Changes

TJX has been the topic of a number of research reports. Sanford C. Bernstein upped their target price on shares of TJX Companies from $145.00 to $152.00 and gave the company an “outperform” rating in a research report on Thursday, August 21st. Daiwa Capital Markets initiated coverage on shares of TJX Companies in a research report on Tuesday, July 8th. They set an “outperform” rating and a $133.00 target price on the stock. Telsey Advisory Group reiterated an “outperform” rating and issued a $155.00 price target (up from $150.00) on shares of TJX Companies in a research report on Wednesday, August 20th. Bank of America increased their price target on shares of TJX Companies from $145.00 to $150.00 and gave the company a “buy” rating in a research report on Thursday, August 21st. Finally, Macquarie reiterated a “buy” rating on shares of TJX Companies in a research report on Monday, August 11th. One analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $147.58.

TJX Companies Stock Performance

Shares of TJX stock opened at $141.30 on Friday. 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 company has a market capitalization of $157.26 billion, a P/E ratio of 32.19, a price-to-earnings-growth ratio of 3.18 and a beta of 0.92. The company’s 50 day moving average price is $136.51 and its two-hundred day moving average price is $129.38. The TJX Companies, Inc. has a 52 week low of $111.22 and a 52 week high of $145.58.

TJX Companies (NYSE:TJX) last announced its earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 EPS for the quarter, topping the consensus estimate of $1.01 by $0.09. The firm had revenue of $14.40 billion for the quarter, compared to the consensus estimate of $14.12 billion. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. The business’s quarterly revenue was up 6.9% on a year-over-year basis. During the same period last year, the company posted $0.96 EPS. TJX Companies has set its FY 2026 guidance at 4.520-4.570 EPS. Q3 2026 guidance at 1.170-1.190 EPS. On average, analysts expect that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 4th. Stockholders of record on Thursday, November 13th will be paid a dividend of $0.425 per share. This represents a $1.70 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend 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.