Cottonwood Capital Advisors LLC Acquires Shares of 1,647 The TJX Companies, Inc. $TJX

Cottonwood Capital Advisors LLC acquired a new stake in The TJX Companies, Inc. (NYSE:TJX) during the second quarter, Holdings Channel reports. The fund acquired 1,647 shares of the apparel and home fashions retailer’s stock, valued at approximately $203,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in TJX Companies by 1.1% in the 1st quarter. Vanguard Group Inc. now owns 100,413,764 shares of the apparel and home fashions retailer’s stock valued at $12,230,396,000 after purchasing an additional 1,099,129 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings in TJX Companies by 0.3% in the 1st quarter. Ameriprise Financial Inc. now owns 13,068,312 shares of the apparel and home fashions retailer’s stock valued at $1,591,758,000 after purchasing an additional 35,800 shares in the last quarter. Amundi raised its holdings in shares of TJX Companies by 10.2% during the 1st quarter. Amundi now owns 11,888,455 shares of the apparel and home fashions retailer’s stock worth $1,489,305,000 after acquiring an additional 1,104,292 shares during the period. Nuveen LLC purchased a new position in shares of TJX Companies during the 1st quarter worth $1,330,717,000. Finally, Invesco Ltd. raised its holdings in shares of TJX Companies by 2.8% during the 1st quarter. Invesco Ltd. now owns 9,000,600 shares of the apparel and home fashions retailer’s stock worth $1,096,273,000 after acquiring an additional 247,579 shares during the period. Hedge funds and other institutional investors own 91.09% of the company’s stock.

Wall Street Analysts Forecast Growth

TJX has been the topic of several analyst reports. Evercore ISI lifted their price target on TJX Companies from $150.00 to $162.00 and gave the stock an “outperform” rating in a report on Thursday, August 21st. Sanford C. Bernstein lifted their price target on TJX Companies from $145.00 to $152.00 and gave the stock an “outperform” rating in a report on Thursday, August 21st. Daiwa America upgraded TJX Companies to a “strong-buy” rating in a report on Tuesday, July 8th. Daiwa Capital Markets initiated coverage on TJX Companies in a report on Tuesday, July 8th. They set an “outperform” rating and a $133.00 price target on the stock. Finally, Macquarie reiterated a “buy” rating on shares of TJX Companies in a report on Monday, August 11th. One analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $148.50.

TJX Companies Stock Up 1.0%

Shares of NYSE:TJX opened at $143.95 on Friday. The business has a 50-day moving average price of $139.33 and a 200 day moving average price of $130.88. 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 company has a market capitalization of $160.21 billion, a price-to-earnings ratio of 32.79, a PEG ratio of 3.16 and a beta of 0.92. The TJX Companies, Inc. has a 12-month low of $111.73 and a 12-month high of $146.46.

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, topping 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 return on equity of 58.63% and a net margin of 8.59%.The company’s quarterly revenue was up 6.9% on a year-over-year basis. 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. Sell-side analysts expect that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Dividend Announcement

The firm 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. This represents a $1.70 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Thursday, November 13th. TJX Companies’s dividend payout ratio (DPR) 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.