REAP Financial Group LLC grew its position in The TJX Companies, Inc. (NYSE:TJX – Free Report) by 289.0% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 603 shares of the apparel and home fashions retailer’s stock after acquiring an additional 448 shares during the quarter. REAP Financial Group LLC’s holdings in TJX Companies were worth $74,000 as of its most recent SEC filing.
A number of other hedge funds also recently modified their holdings of TJX. Brighton Jones LLC lifted its position in shares of TJX Companies by 113.7% in the 4th quarter. Brighton Jones LLC now owns 15,039 shares of the apparel and home fashions retailer’s stock worth $1,817,000 after acquiring an additional 8,002 shares during the period. Revolve Wealth Partners LLC lifted its position in shares of TJX Companies by 12.1% in the 4th quarter. Revolve Wealth Partners LLC now owns 2,172 shares of the apparel and home fashions retailer’s stock worth $262,000 after acquiring an additional 235 shares during the period. Bison Wealth LLC raised its holdings in shares of TJX Companies by 32.9% in the 4th quarter. Bison Wealth LLC now owns 3,856 shares of the apparel and home fashions retailer’s stock worth $466,000 after buying an additional 955 shares in the last quarter. Capital Investment Advisors LLC raised its holdings in shares of TJX Companies by 4.8% in the 1st quarter. Capital Investment Advisors LLC now owns 5,085 shares of the apparel and home fashions retailer’s stock worth $619,000 after buying an additional 232 shares in the last quarter. Finally, Portside Wealth Group LLC raised its holdings in shares of TJX Companies by 4.9% in the 1st quarter. Portside Wealth Group LLC now owns 2,552 shares of the apparel and home fashions retailer’s stock worth $311,000 after buying an additional 120 shares in the last quarter. Institutional investors own 91.09% of the company’s stock.
Analysts Set New Price Targets
A number of equities analysts have recently issued reports on TJX shares. Barclays increased their target price on TJX Companies from $147.00 to $155.00 and gave the stock an “overweight” rating in a report on Thursday, August 21st. Daiwa Capital Markets started coverage on TJX Companies in a report on Tuesday, July 8th. They issued an “outperform” rating and a $133.00 target price for the company. Evercore ISI increased their target price on TJX Companies from $150.00 to $162.00 and gave the stock an “outperform” rating in a report on Thursday, August 21st. Robert W. Baird increased their target price on TJX Companies from $143.00 to $152.00 and gave the stock an “outperform” rating in a report on Thursday, August 21st. Finally, Sanford C. Bernstein increased their target price on TJX Companies from $145.00 to $152.00 and gave the stock an “outperform” rating in a report on Thursday, August 21st. One analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, TJX Companies currently has an average rating of “Buy” and a consensus target price of $147.63.
TJX Companies Stock Down 1.4%
Shares of TJX opened at $140.68 on Thursday. The firm has a market capitalization of $156.57 billion, a price-to-earnings ratio of 32.05, a PEG ratio of 3.17 and a beta of 0.92. 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 business’s fifty day moving average price is $137.50 and its two-hundred day moving average price is $129.83. The TJX Companies, Inc. has a 52 week low of $111.73 and a 52 week high of $145.58.
TJX Companies (NYSE:TJX – Get Free Report) last announced its quarterly earnings data on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 EPS for the quarter, beating 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 business’s quarterly revenue was up 6.9% compared to the same quarter last year. During the same period 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, analysts predict that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.
TJX Companies Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 4th. Shareholders of record on Thursday, November 13th will be given a $0.425 dividend. This represents a $1.70 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Thursday, November 13th. TJX Companies’s dividend payout ratio (DPR) is presently 38.72%.
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.
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