Beverly Hills Private Wealth LLC Has $1.60 Million Stake in The TJX Companies, Inc. $TJX

Beverly Hills Private Wealth LLC reduced its stake in The TJX Companies, Inc. (NYSE:TJX) by 4.4% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,970 shares of the apparel and home fashions retailer’s stock after selling 597 shares during the period. Beverly Hills Private Wealth LLC’s holdings in TJX Companies were worth $1,602,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in TJX. TCTC Holdings LLC grew its stake 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 worth $26,000 after buying an additional 145 shares during the last quarter. Atlantic Edge Private Wealth Management LLC boosted its holdings in shares of TJX Companies by 58.8% during the 1st 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 acquiring an additional 110 shares in the last quarter. Iron Horse Wealth Management LLC grew its position in TJX Companies by 99.3% during the 1st quarter. Iron Horse Wealth Management LLC now owns 299 shares of the apparel and home fashions retailer’s stock worth $36,000 after acquiring an additional 149 shares during the last quarter. Inlight Wealth Management LLC acquired a new position in TJX Companies in the 1st quarter worth about $37,000. Finally, Activest Wealth Management raised its position in TJX Companies by 4,485.7% in the first quarter. Activest Wealth Management now owns 321 shares of the apparel and home fashions retailer’s stock valued at $39,000 after purchasing an additional 314 shares during the last quarter. 91.09% of the stock is currently owned by institutional investors and hedge funds.

TJX Companies Trading Up 1.0%

TJX opened at $143.95 on Monday. The TJX Companies, Inc. has a twelve month low of $111.73 and a twelve month high of $146.46. 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 fifty day moving average of $139.33 and a 200-day moving average of $130.96. The stock has a market cap of $160.21 billion, a PE ratio of 32.79, a price-to-earnings-growth ratio of 3.19 and a beta of 0.92.

TJX Companies (NYSE:TJX) last released its earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share (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 business had revenue of $14.40 billion for the quarter, compared to analyst estimates of $14.12 billion. During the same quarter in the previous year, the business earned $0.96 earnings per share. TJX Companies’s revenue for the quarter was up 6.9% on a year-over-year basis. 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, sell-side analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 4th. Investors of record on Thursday, November 13th will be paid 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 yield of 1.2%. TJX Companies’s dividend payout ratio (DPR) is currently 38.72%.

Analysts Set New Price Targets

Several research analysts have recently issued reports on TJX shares. Barclays upped their price objective on TJX Companies from $147.00 to $155.00 and gave the company an “overweight” rating in a research note on Thursday, August 21st. Bank of America upped their price target on shares of TJX Companies from $145.00 to $150.00 and gave the company a “buy” rating in a research report on Thursday, August 21st. BTIG Research initiated coverage on shares of TJX Companies in a report on Tuesday, October 14th. They set a “buy” rating and a $165.00 price target on the stock. Morgan Stanley increased their price objective on TJX Companies from $140.00 to $150.00 and gave the company an “overweight” rating in a report on Thursday, August 21st. Finally, Sanford C. Bernstein raised their target price on TJX Companies from $145.00 to $152.00 and gave the stock an “outperform” rating in a research report on Thursday, August 21st. One equities research 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 stock. According to MarketBeat, TJX Companies presently has an average rating of “Buy” and a consensus target price of $148.50.

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.