Valley National Advisers Inc. Purchases 196 Shares of The TJX Companies, Inc. $TJX

Valley National Advisers Inc. lifted its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 6.5% during the 2nd quarter, Holdings Channel reports. The firm owned 3,198 shares of the apparel and home fashions retailer’s stock after purchasing an additional 196 shares during the quarter. Valley National Advisers Inc.’s holdings in TJX Companies were worth $394,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also bought and sold shares of the company. Pinnacle Financial Partners Inc raised its stake in 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 valued at $46,989,000 after buying an additional 8,319 shares during the period. State of Alaska Department of Revenue increased its holdings in shares of TJX Companies by 1.7% during the 1st quarter. State of Alaska Department of Revenue now owns 181,712 shares of the apparel and home fashions retailer’s stock worth $22,132,000 after acquiring an additional 3,125 shares during the last quarter. FCG Investment Co bought a new stake in TJX Companies in the 1st quarter valued at $2,620,000. MinichMacGregor Wealth Management LLC acquired a new stake in TJX Companies during the 2nd quarter valued at $5,045,000. Finally, Mainstream Capital Management LLC boosted its position 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 worth $1,516,000 after purchasing an additional 515 shares during the period. 91.09% of the stock is currently owned by institutional investors and hedge funds.

TJX Companies Trading Up 1.4%

Shares of TJX stock opened at $143.32 on Tuesday. The stock has a market cap of $159.51 billion, a P/E ratio of 32.65, a price-to-earnings-growth ratio of 3.18 and a beta of 0.92. The TJX Companies, Inc. has a 1 year low of $111.22 and a 1 year 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. The stock has a 50 day simple moving average of $136.87 and a 200 day simple moving average of $129.66.

TJX Companies (NYSE:TJX) last posted its quarterly earnings data on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 EPS for the quarter, topping analysts’ consensus estimates of $1.01 by $0.09. The firm had revenue of $14.40 billion for 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 company’s revenue was up 6.9% on a year-over-year basis. During the same quarter last year, the company earned $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 predict that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Dividend Announcement

The company 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 dividend of $0.425 per share. The ex-dividend date of this dividend is Thursday, November 13th. This represents a $1.70 annualized dividend and a yield of 1.2%. TJX Companies’s dividend payout ratio is currently 38.72%.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. Wells Fargo & Company raised 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 note on Thursday, August 21st. Erste Group Bank started coverage on shares of TJX Companies in a report on Friday, September 5th. They issued a “buy” rating on the stock. Telsey Advisory Group restated an “outperform” rating and set a $155.00 price objective (up from $150.00) on shares of TJX Companies in a research report on Wednesday, August 20th. JPMorgan Chase & Co. upped their target price on TJX Companies from $148.00 to $149.00 and gave the company an “overweight” rating in a research report on Monday. Finally, Wall Street Zen raised TJX Companies from a “hold” rating to a “buy” rating in a report on Saturday, August 23rd. One analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $147.63.

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.