Klingman & Associates LLC Raises Position in The TJX Companies, Inc. $TJX

Klingman & Associates LLC increased its holdings in The TJX Companies, Inc. (NYSE:TJXFree Report) by 11.0% during the second quarter, Holdings Channel.com reports. The firm owned 14,807 shares of the apparel and home fashions retailer’s stock after acquiring an additional 1,471 shares during the quarter. Klingman & Associates LLC’s holdings in TJX Companies were worth $1,829,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. TCTC Holdings LLC raised its position in TJX Companies by 210.1% in the 1st quarter. TCTC Holdings LLC now owns 214 shares of the apparel and home fashions retailer’s stock worth $26,000 after purchasing an additional 145 shares during the period. Princeton Global Asset Management LLC purchased a new position in shares of TJX Companies in the second quarter valued at about $28,000. Atlantic Edge Private Wealth Management LLC raised its stake 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 acquiring an additional 110 shares during the last quarter. Iron Horse Wealth Management LLC boosted its holdings 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 worth $36,000 after purchasing an additional 149 shares during the period. Finally, Activest Wealth Management boosted its holdings 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 worth $39,000 after purchasing an additional 314 shares during the period. Hedge funds and other institutional investors own 91.09% of the company’s stock.

TJX Companies Price Performance

Shares of NYSE TJX opened at $143.32 on Tuesday. The TJX Companies, Inc. has a 1 year low of $111.73 and a 1 year high of $146.46. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.17 and a quick ratio of 0.52. The company’s 50-day moving average is $139.55 and its 200 day moving average is $131.11. The stock has a market capitalization of $159.50 billion, a P/E ratio of 32.65, a P/E/G ratio of 3.19 and a beta of 0.92.

TJX Companies (NYSE:TJXGet Free Report) last announced its quarterly 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 company had revenue of $14.40 billion for the quarter, compared to analysts’ expectations of $14.12 billion. During the same quarter in the previous year, the company earned $0.96 earnings per share. TJX Companies’s quarterly revenue 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 expect that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Announces Dividend

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 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 payout ratio is presently 38.72%.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the stock. Sanford C. Bernstein increased their target price on shares of TJX Companies from $145.00 to $152.00 and gave the stock an “outperform” rating in a report on Thursday, August 21st. UBS Group increased their target price on shares of TJX Companies from $164.00 to $172.00 and gave the stock a “buy” rating in a report on Thursday, August 21st. Weiss Ratings reiterated a “buy (b+)” rating on shares of TJX Companies in a report on Wednesday, October 8th. Erste Group Bank assumed coverage on shares of TJX Companies in a report on Friday, September 5th. They set a “buy” rating for the company. Finally, Daiwa America upgraded shares of TJX Companies to a “strong-buy” rating in a report on Tuesday, July 8th. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $148.50.

Check Out Our Latest Research Report on TJX

TJX Companies Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for TJX Companies (NYSE:TJX)

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