Nicholas Company Inc. Sells 6,725 Shares of The TJX Companies, Inc. $TJX

Nicholas Company Inc. lessened its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 0.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 742,510 shares of the apparel and home fashions retailer’s stock after selling 6,725 shares during the quarter. TJX Companies makes up about 1.5% of Nicholas Company Inc.’s investment portfolio, making the stock its 7th largest position. Nicholas Company Inc. owned 0.07% of TJX Companies worth $91,693,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of TJX. Nuveen LLC acquired a new stake in shares of TJX Companies during the 1st quarter worth approximately $1,330,717,000. Mirova US LLC boosted its stake in TJX Companies by 164.5% in the 2nd quarter. Mirova US LLC now owns 2,699,156 shares of the apparel and home fashions retailer’s stock valued at $333,319,000 after buying an additional 1,678,665 shares in the last quarter. Amundi boosted its stake in TJX Companies by 10.2% in the 1st quarter. Amundi now owns 11,888,455 shares of the apparel and home fashions retailer’s stock valued at $1,489,305,000 after buying an additional 1,104,292 shares in the last quarter. Vanguard Group Inc. boosted its stake 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 buying an additional 1,099,129 shares in the last quarter. Finally, Goldman Sachs Group Inc. boosted its stake in TJX Companies by 17.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 6,807,714 shares of the apparel and home fashions retailer’s stock valued at $829,180,000 after buying an additional 1,025,329 shares in the last quarter. Institutional investors and hedge funds own 91.09% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently commented on TJX shares. Citigroup boosted their price target on TJX Companies from $140.00 to $160.00 and gave the company a “buy” rating in a research note on Thursday, August 21st. Erste Group Bank started coverage on TJX Companies in a research note on Friday, September 5th. They issued a “buy” rating on the stock. Wells Fargo & Company set a $140.00 price target on TJX Companies and gave the company an “equal weight” rating in a research note on Monday, October 27th. Weiss Ratings reaffirmed a “buy (b+)” rating on shares of TJX Companies in a research note on Wednesday, October 8th. Finally, Robert W. Baird boosted their price target on TJX Companies from $143.00 to $152.00 and gave the company an “outperform” rating in a research note on Thursday, August 21st. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $149.00.

TJX Companies Trading Down 1.5%

Shares of TJX opened at $140.13 on Friday. The stock has a fifty day moving average price of $140.95 and a two-hundred day moving average price of $132.21. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.52 and a current ratio of 1.17. The TJX Companies, Inc. has a 52-week low of $111.73 and a 52-week high of $146.46. The company has a market cap of $155.96 billion, a price-to-earnings ratio of 31.92, a PEG ratio of 3.14 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 for the quarter, topping analysts’ consensus estimates of $1.01 by $0.09. The company 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 firm’s quarterly revenue was up 6.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $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. 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. The ex-dividend date is Thursday, November 13th. This represents a $1.70 dividend on an annualized basis and a dividend yield of 1.2%. 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.