NTV Asset Management LLC Purchases 183 Shares of The TJX Companies, Inc. $TJX

NTV Asset Management LLC grew its position in The TJX Companies, Inc. (NYSE:TJX) by 4.8% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 4,001 shares of the apparel and home fashions retailer’s stock after buying an additional 183 shares during the period. NTV Asset Management LLC’s holdings in TJX Companies were worth $494,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. TCTC Holdings LLC increased its holdings in shares of 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 in the last quarter. Atlantic Edge Private Wealth Management LLC boosted its position in shares of TJX Companies by 58.8% during the first quarter. Atlantic Edge Private Wealth Management LLC now owns 297 shares of the apparel and home fashions retailer’s stock valued at $36,000 after buying an additional 110 shares during the last quarter. Iron Horse Wealth Management LLC boosted its position in shares of TJX Companies by 99.3% during the first quarter. Iron Horse Wealth Management LLC now owns 299 shares of the apparel and home fashions retailer’s stock valued at $36,000 after buying an additional 149 shares during the last quarter. Inlight Wealth Management LLC bought a new stake in TJX Companies in the 1st quarter worth about $37,000. Finally, Activest Wealth Management raised its position 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 buying an additional 314 shares during the last quarter. Hedge funds and other institutional investors own 91.09% of the company’s stock.

TJX Companies Stock Down 0.8%

Shares of TJX stock opened at $141.30 on Friday. The company has a 50 day simple moving average of $136.51 and a two-hundred day simple moving average of $129.38. The stock has a market cap of $157.26 billion, a P/E ratio of 32.19, a P/E/G ratio of 3.18 and a beta of 0.92. The TJX Companies, Inc. has a 12 month low of $111.22 and a 12 month high of $145.58. The company has a current ratio of 1.17, a quick ratio of 0.52 and a debt-to-equity ratio of 0.32.

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. The firm had revenue of $14.40 billion during 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 company’s revenue for the quarter was up 6.9% compared to the same quarter last year. During the same quarter in the previous year, the firm 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, research 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 disclosed a quarterly dividend, which will be paid on Thursday, December 4th. Stockholders of record on Thursday, November 13th will be paid a $0.425 dividend. The ex-dividend date of this dividend is Thursday, November 13th. This represents a $1.70 annualized dividend and a dividend yield of 1.2%. TJX Companies’s dividend payout ratio (DPR) is 38.72%.

Wall Street Analyst Weigh In

TJX has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. raised their price target on shares of TJX Companies from $145.00 to $148.00 and gave the company an “overweight” rating in a report on Thursday, August 21st. Telsey Advisory Group restated an “outperform” rating and set a $155.00 price objective (up previously from $150.00) on shares of TJX Companies in a research report on Wednesday, August 20th. Wells Fargo & Company lifted their target price on shares of TJX Companies from $120.00 to $130.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 21st. Barclays boosted their target price on shares of TJX Companies from $147.00 to $155.00 and gave the company an “overweight” rating in a research note on Thursday, August 21st. Finally, Bank of America raised their price target on TJX Companies from $145.00 to $150.00 and gave the stock a “buy” rating in a research note on Thursday, August 21st. One research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Buy” and an average target price 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.