Sather Financial Group Inc Trims Stake in The TJX Companies, Inc. $TJX

Sather Financial Group Inc lowered its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 0.6% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 43,478 shares of the apparel and home fashions retailer’s stock after selling 248 shares during the quarter. Sather Financial Group Inc’s holdings in TJX Companies were worth $5,369,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently modified their holdings of the company. TCTC Holdings LLC increased its position in shares of TJX Companies by 210.1% during the first quarter. TCTC Holdings LLC now owns 214 shares of the apparel and home fashions retailer’s stock valued at $26,000 after buying an additional 145 shares during the period. Atlantic Edge Private Wealth Management LLC increased 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 period. Iron Horse Wealth Management LLC increased 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 period. Inlight Wealth Management LLC purchased a new position in shares of TJX Companies during the first quarter valued at about $37,000. Finally, Activest Wealth Management increased its position in shares of TJX Companies by 4,485.7% during the first quarter. Activest Wealth Management now owns 321 shares of the apparel and home fashions retailer’s stock valued at $39,000 after buying an additional 314 shares during the period. Hedge funds and other institutional investors own 91.09% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on TJX. JPMorgan Chase & Co. boosted their price target on shares of TJX Companies from $148.00 to $149.00 and gave the company an “overweight” rating in a research report on Monday, October 6th. Bank of America boosted their price objective on shares of TJX Companies from $145.00 to $150.00 and gave the stock a “buy” rating in a research note on Thursday, August 21st. Citigroup boosted their price objective on shares of TJX Companies from $140.00 to $160.00 and gave the stock a “buy” rating in a research note on Thursday, August 21st. Morgan Stanley boosted their price objective on shares of TJX Companies from $140.00 to $150.00 and gave the stock an “overweight” rating in a research note on Thursday, August 21st. Finally, Daiwa Capital Markets initiated coverage on shares of TJX Companies in a research note on Tuesday, July 8th. They set an “outperform” rating and a $133.00 price objective on the stock. One research 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 stock presently has an average rating of “Buy” and a consensus target price of $147.63.

TJX Companies Trading Up 1.3%

Shares of NYSE TJX opened at $140.38 on Friday. The firm’s 50 day moving average price is $138.07 and its 200-day moving average price is $130.17. The company has a market cap of $156.23 billion, a PE ratio of 31.98, a P/E/G ratio of 3.12 and a beta of 0.92. The TJX Companies, Inc. has a 52-week low of $111.73 and a 52-week high of $145.58. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.52 and a current ratio of 1.17.

TJX Companies (NYSE:TJX) last issued its earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share (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 revenue was up 6.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.96 earnings per share. 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, equities research analysts expect that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Dividend Announcement

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

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.