Mitsubishi UFJ Trust & Banking Corp cut its position in shares of The TJX Companies, Inc. (NYSE:TJX – Free Report) by 9.3% during the second quarter, HoldingsChannel.com reports. The firm owned 851,659 shares of the apparel and home fashions retailer’s stock after selling 87,241 shares during the period. Mitsubishi UFJ Trust & Banking Corp’s holdings in TJX Companies were worth $105,171,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors have also recently bought and sold shares of TJX. TCTC Holdings LLC lifted its holdings in shares of TJX Companies by 210.1% during the 1st quarter. TCTC Holdings LLC now owns 214 shares of the apparel and home fashions retailer’s stock worth $26,000 after acquiring an additional 145 shares during the period. Princeton Global Asset Management LLC acquired a new position in TJX Companies in the second quarter worth about $28,000. Legacy Investment Solutions LLC bought a new position in TJX Companies during the second quarter worth about $32,000. True Wealth Design LLC lifted its stake in TJX Companies by 121.1% during the second quarter. True Wealth Design LLC now owns 272 shares of the apparel and home fashions retailer’s stock worth $34,000 after purchasing an additional 149 shares during the period. Finally, Activest Wealth Management boosted its holdings in 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 valued at $39,000 after purchasing an additional 314 shares in the last quarter. Institutional investors and hedge funds own 91.09% of the company’s stock.
Analyst Upgrades and Downgrades
TJX has been the subject of a number of recent research reports. Robert W. Baird increased their target price on TJX Companies from $143.00 to $152.00 and gave the stock an “outperform” rating in a report on Thursday, August 21st. Jefferies Financial Group reiterated a “buy” rating and issued a $170.00 price target on shares of TJX Companies in a research report on Tuesday. JPMorgan Chase & Co. increased their price objective on TJX Companies from $148.00 to $149.00 and gave the stock an “overweight” rating in a research note on Monday, October 6th. Macquarie restated a “buy” rating on shares of TJX Companies in a research note on Monday, August 11th. Finally, Barclays upped their target price on shares of TJX Companies from $147.00 to $155.00 and gave the stock an “overweight” rating in a report on Thursday, August 21st. One equities 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’s stock. According to data from MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $151.75.
TJX Companies Trading Down 0.5%
TJX stock opened at $146.04 on Wednesday. The business has a fifty day moving average price of $141.93 and a 200 day moving average price of $133.12. 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 TJX Companies, Inc. has a fifty-two week low of $112.10 and a fifty-two week high of $147.59. The stock has a market capitalization of $162.53 billion, a price-to-earnings ratio of 33.27, a P/E/G ratio of 3.14 and a beta of 0.90.
TJX Companies (NYSE:TJX – Get Free Report) last announced its earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 EPS for the quarter, topping the consensus estimate of $1.01 by $0.09. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.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 prior year, the business earned $0.96 earnings per share. The business’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. Analysts expect that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.
TJX Companies Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 4th. Shareholders of record on Thursday, November 13th will be given a $0.425 dividend. This represents a $1.70 annualized dividend and a yield of 1.2%. The ex-dividend date is Thursday, November 13th. TJX Companies’s dividend payout ratio (DPR) is presently 38.72%.
TJX Companies 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.
Featured Stories
- Five stocks we like better than TJX Companies
- What Makes a Stock a Good Dividend Stock?
- Amazon Is One of the Clearest Buys If the Market Dips Again
- Business Services Stocks Investing
- CoreWeave’s Guidance Cut: A Buying Opportunity in Disguise?
- How to Read Stock Charts for Beginners
- Strategy Shares Plunge as Bitcoin Retreats—More Pain Ahead?
Want to see what other hedge funds are holding TJX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The TJX Companies, Inc. (NYSE:TJX – Free Report).
Receive News & Ratings for TJX Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TJX Companies and related companies with MarketBeat.com's FREE daily email newsletter.
