Concurrent Investment Advisors LLC Purchases 2,783 Shares of The TJX Companies, Inc. $TJX

Concurrent Investment Advisors LLC increased its position in The TJX Companies, Inc. (NYSE:TJX) by 4.2% during the second quarter, HoldingsChannel.com reports. The firm owned 69,813 shares of the apparel and home fashions retailer’s stock after acquiring an additional 2,783 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in TJX Companies were worth $8,621,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of TJX. Brighton Jones LLC boosted its stake in 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 purchasing an additional 8,002 shares in the last quarter. Revolve Wealth Partners LLC boosted its stake in 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 purchasing an additional 235 shares in the last quarter. Bison Wealth LLC boosted its stake in 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 purchasing an additional 955 shares in the last quarter. GAMMA Investing LLC boosted its stake in TJX Companies by 19.8% in the 1st quarter. GAMMA Investing LLC now owns 23,909 shares of the apparel and home fashions retailer’s stock worth $2,912,000 after purchasing an additional 3,944 shares in the last quarter. Finally, NorthCrest Asset Manangement LLC boosted its stake in TJX Companies by 92.4% in the 1st quarter. NorthCrest Asset Manangement LLC now owns 8,993 shares of the apparel and home fashions retailer’s stock worth $1,095,000 after purchasing an additional 4,319 shares in the last quarter. Institutional investors own 91.09% of the company’s stock.

Wall Street Analysts Forecast Growth

TJX has been the topic of several research analyst reports. Evercore ISI upped their target price on shares of TJX Companies from $150.00 to $162.00 and gave the company an “outperform” rating in a research note on Thursday, August 21st. Daiwa America upgraded shares of TJX Companies to a “strong-buy” rating in a research note on Tuesday, July 8th. UBS Group upped their target price on shares of TJX Companies from $164.00 to $172.00 and gave the company a “buy” rating in a research note on Thursday, August 21st. Weiss Ratings restated a “buy (b+)” rating on shares of TJX Companies in a research note on Wednesday, October 8th. Finally, Barclays upped 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. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, TJX Companies currently has a consensus rating of “Buy” and an average target price of $147.63.

TJX Companies Price Performance

NYSE TJX opened at $140.38 on Monday. The TJX Companies, Inc. has a 52 week low of $111.73 and a 52 week high of $145.58. The firm has a market capitalization of $156.23 billion, a P/E ratio of 31.98, a PEG ratio of 3.12 and a beta of 0.92. The company has a quick ratio of 0.52, a current ratio of 1.17 and a debt-to-equity ratio of 0.32. The company has a 50-day moving average price of $138.07 and a 200-day moving average price of $130.24.

TJX Companies (NYSE:TJX) last released its quarterly earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 EPS for the quarter, beating the consensus estimate of $1.01 by $0.09. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. The firm had revenue of $14.40 billion during the quarter, compared to analyst estimates of $14.12 billion. During the same quarter in the prior year, the firm earned $0.96 EPS. The business’s revenue for the quarter was up 6.9% compared to the same quarter last year. TJX Companies has set its FY 2026 guidance at 4.520-4.570 EPS. Q3 2026 guidance at 1.170-1.190 EPS. Equities research analysts anticipate that The TJX Companies, Inc. will post 4.18 earnings per share for the current 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 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 dividend yield of 1.2%. TJX Companies’s dividend payout ratio is presently 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.