Wealthstream Advisors Inc. Raises Stake in The TJX Companies, Inc. $TJX

Wealthstream Advisors Inc. boosted its stake in The TJX Companies, Inc. (NYSE:TJX) by 28.5% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,159 shares of the apparel and home fashions retailer’s stock after purchasing an additional 479 shares during the quarter. Wealthstream Advisors Inc.’s holdings in TJX Companies were worth $267,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Pinnacle Financial Partners Inc grew its holdings 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 purchasing an additional 8,319 shares during the period. FCG Investment Co purchased a new stake in TJX Companies in the first quarter valued at approximately $2,620,000. MinichMacGregor Wealth Management LLC purchased a new stake in TJX Companies in the second quarter valued at approximately $5,045,000. Mainstream Capital Management LLC grew its holdings in TJX Companies by 4.3% in the first quarter. Mainstream Capital Management LLC now owns 12,450 shares of the apparel and home fashions retailer’s stock valued at $1,516,000 after purchasing an additional 515 shares during the period. Finally, Parr Mcknight Wealth Management Group LLC grew its holdings in TJX Companies by 12.6% in the first quarter. Parr Mcknight Wealth Management Group LLC now owns 40,840 shares of the apparel and home fashions retailer’s stock valued at $4,974,000 after purchasing an additional 4,579 shares during the period. 91.09% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

TJX has been the topic of a number of recent research reports. Evercore ISI lifted their price target on shares of TJX Companies from $150.00 to $162.00 and gave the company an “outperform” rating in a research report 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. BTIG Research assumed coverage on shares of TJX Companies in a research note on Tuesday. They set a “buy” rating and a $165.00 price objective for the company. Robert W. Baird boosted their price objective on shares of TJX Companies from $143.00 to $152.00 and gave the stock an “outperform” rating in a research note on Thursday, August 21st. Finally, 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. One analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $148.50.

TJX Companies Trading Up 1.0%

NYSE TJX opened at $143.95 on Friday. The company’s fifty day simple moving average is $139.33 and its 200-day simple moving average is $130.93. The TJX Companies, Inc. has a 52 week low of $111.73 and a 52 week high of $146.46. 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 market cap of $160.21 billion, a P/E ratio of 32.79, a PEG ratio of 3.19 and a beta of 0.92.

TJX Companies (NYSE:TJX) last posted its earnings results 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. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. The business had revenue of $14.40 billion for the quarter, compared to analysts’ expectations of $14.12 billion. During the same period in the previous year, the company posted $0.96 earnings per share. 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 predict that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Announces Dividend

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 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 payout ratio is presently 38.72%.

About TJX Companies

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.