The TJX Companies, Inc. $TJX Shares Bought by Sound View Wealth Advisors Group LLC

Sound View Wealth Advisors Group LLC grew its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 21.9% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 21,620 shares of the apparel and home fashions retailer’s stock after purchasing an additional 3,880 shares during the period. Sound View Wealth Advisors Group LLC’s holdings in TJX Companies were worth $2,670,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in TJX. Nuveen LLC bought a new stake in TJX Companies during the first quarter worth approximately $1,330,717,000. Mirova US LLC boosted its stake in shares of TJX Companies by 164.5% during the 2nd quarter. Mirova US LLC now owns 2,699,156 shares of the apparel and home fashions retailer’s stock worth $333,319,000 after acquiring an additional 1,678,665 shares in the last quarter. Amundi boosted its stake in shares of TJX Companies by 10.2% during the 1st quarter. Amundi now owns 11,888,455 shares of the apparel and home fashions retailer’s stock worth $1,489,305,000 after acquiring an additional 1,104,292 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of 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 worth $12,230,396,000 after acquiring an additional 1,099,129 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised its position in shares of TJX Companies by 17.7% during the first quarter. Goldman Sachs Group Inc. now owns 6,807,714 shares of the apparel and home fashions retailer’s stock worth $829,180,000 after purchasing an additional 1,025,329 shares during the period. 91.09% of the stock is currently owned by institutional investors.

TJX Companies Price Performance

NYSE TJX opened at $144.59 on Friday. 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 firm has a market capitalization of $160.92 billion, a price-to-earnings ratio of 32.94, a price-to-earnings-growth ratio of 3.14 and a beta of 0.90. The company has a 50 day simple moving average of $141.57 and a 200-day simple moving average of $132.79. The TJX Companies, Inc. has a 52-week low of $112.10 and a 52-week high of $146.46.

TJX Companies (NYSE:TJX) last announced its quarterly earnings data on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 EPS for the quarter, beating analysts’ consensus estimates of $1.01 by $0.09. The firm had revenue of $14.40 billion for the quarter, compared to the consensus estimate of $14.12 billion. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. The firm’s revenue was up 6.9% on a year-over-year basis. During the same period in the previous year, the firm 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. Equities research analysts predict that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Announces Dividend

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

Analysts Set New Price Targets

A number of equities analysts recently weighed in on TJX shares. Robert W. Baird increased their price target on TJX Companies from $143.00 to $152.00 and gave the company an “outperform” rating in a research report on Thursday, August 21st. Morgan Stanley upped their price objective on shares of TJX Companies from $140.00 to $150.00 and gave the company an “overweight” rating in a research note on Thursday, August 21st. JPMorgan Chase & Co. lifted their target price on shares of TJX Companies from $148.00 to $149.00 and gave the stock an “overweight” rating in a research report on Monday, October 6th. Macquarie restated a “buy” rating on shares of TJX Companies in a report on Monday, August 11th. Finally, Citigroup raised 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 research analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $149.00.

TJX Companies Company Profile

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.