GHP Investment Advisors Inc. Grows Position in The TJX Companies, Inc. $TJX

GHP Investment Advisors Inc. increased its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 1.1% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 144,150 shares of the apparel and home fashions retailer’s stock after buying an additional 1,522 shares during the period. GHP Investment Advisors Inc.’s holdings in TJX Companies were worth $17,801,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. Plato Investment Management Ltd increased its stake in shares of TJX Companies by 0.6% during the second quarter. Plato Investment Management Ltd now owns 35,625 shares of the apparel and home fashions retailer’s stock worth $4,383,000 after buying an additional 209 shares during the period. Longbow Finance SA purchased a new stake in shares of TJX Companies during the second quarter worth approximately $10,747,000. Aviance Capital Partners LLC increased its stake in shares of TJX Companies by 31.4% during the second quarter. Aviance Capital Partners LLC now owns 3,343 shares of the apparel and home fashions retailer’s stock worth $413,000 after buying an additional 798 shares during the period. Center for Financial Planning Inc. increased its stake in TJX Companies by 15.4% in the second quarter. Center for Financial Planning Inc. now owns 3,526 shares of the apparel and home fashions retailer’s stock valued at $435,000 after purchasing an additional 470 shares during the last quarter. Finally, Syverson Strege & Co purchased a new position in TJX Companies in the second quarter valued at approximately $396,000. 91.09% of the stock is currently owned by hedge funds and other institutional investors.

TJX Companies Price Performance

TJX stock opened at $140.13 on Friday. The company has a market capitalization of $155.96 billion, a P/E ratio of 31.92, a PEG ratio of 3.14 and a beta of 0.92. The TJX Companies, Inc. has a twelve month low of $111.73 and a twelve month high of $146.46. The business has a 50 day simple moving average of $140.95 and a 200-day simple moving average of $132.21. The company has a current ratio of 1.17, a quick ratio of 0.52 and a debt-to-equity ratio of 0.32.

TJX Companies (NYSE:TJX) last posted its quarterly earnings data on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share for the quarter, beating the consensus estimate of $1.01 by $0.09. The business 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 revenue was up 6.9% compared to the same quarter last year. During the same period in the prior year, the company earned $0.96 earnings per share. TJX Companies has set its FY 2026 guidance at 4.520-4.570 EPS. Q3 2026 guidance at 1.170-1.190 EPS. As a group, equities analysts anticipate that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 4th. Stockholders of record on Thursday, November 13th will be issued a $0.425 dividend. This represents a $1.70 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Thursday, November 13th. TJX Companies’s dividend payout ratio is presently 38.72%.

Analysts Set New Price Targets

Several equities analysts have commented on TJX shares. BTIG Research started coverage on shares of TJX Companies in a research note on Tuesday, October 14th. They issued a “buy” rating and a $165.00 price target on the stock. Weiss Ratings reiterated a “buy (b+)” rating on shares of TJX Companies in a research note on Wednesday, October 8th. Macquarie reiterated a “buy” rating on shares of TJX Companies in a research note on Monday, August 11th. Telsey Advisory Group reiterated an “outperform” rating and issued a $155.00 price target (up from $150.00) on shares of TJX Companies in a research note on Wednesday, August 20th. Finally, Sanford C. Bernstein increased their price target on shares of TJX Companies from $145.00 to $152.00 and gave the company an “outperform” rating in a research note on Thursday, August 21st. One analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, TJX Companies currently has an average rating of “Buy” and a consensus price target of $149.00.

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.