ProShare Advisors LLC Increases Holdings in The TJX Companies, Inc. $TJX

ProShare Advisors LLC boosted its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 2.1% during the 2nd quarter, HoldingsChannel reports. The firm owned 192,743 shares of the apparel and home fashions retailer’s stock after buying an additional 4,047 shares during the period. ProShare Advisors LLC’s holdings in TJX Companies were worth $23,802,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the company. Revolve Wealth Partners LLC increased its position in TJX Companies by 3.3% during the 2nd quarter. Revolve Wealth Partners LLC now owns 2,453 shares of the apparel and home fashions retailer’s stock valued at $303,000 after purchasing an additional 79 shares during the period. Roble Belko & Company Inc raised its stake in TJX Companies by 0.3% in the second quarter. Roble Belko & Company Inc now owns 31,478 shares of the apparel and home fashions retailer’s stock worth $3,887,000 after buying an additional 82 shares in the last quarter. Knuff & Co LLC lifted its holdings in TJX Companies by 8.5% during the first quarter. Knuff & Co LLC now owns 1,056 shares of the apparel and home fashions retailer’s stock worth $129,000 after buying an additional 83 shares during the period. 3Chopt Investment Partners LLC boosted its position in TJX Companies by 1.6% during the 2nd quarter. 3Chopt Investment Partners LLC now owns 5,239 shares of the apparel and home fashions retailer’s stock valued at $647,000 after acquiring an additional 83 shares in the last quarter. Finally, McLean Asset Management Corp increased its holdings in shares of TJX Companies by 3.2% in the 2nd quarter. McLean Asset Management Corp now owns 2,746 shares of the apparel and home fashions retailer’s stock valued at $344,000 after acquiring an additional 84 shares during the period. 91.09% of the stock is currently owned by hedge funds and other institutional investors.

TJX Companies Stock Performance

Shares of TJX stock opened at $146.04 on Wednesday. The business has a fifty day moving average of $141.93 and a 200 day moving average of $133.12. The TJX Companies, Inc. has a 1 year low of $112.10 and a 1 year high of $147.59. 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 $162.53 billion, a price-to-earnings ratio of 33.27, a price-to-earnings-growth ratio of 3.14 and a beta of 0.90.

TJX Companies (NYSE:TJX) last announced its quarterly earnings data on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share for the quarter, beating analysts’ consensus estimates of $1.01 by $0.09. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.The business had revenue of $14.40 billion for the quarter, compared to analyst estimates of $14.12 billion. During the same period in the prior year, the company earned $0.96 earnings per share. The company’s 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. As a group, research analysts expect that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Dividend Announcement

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

Analysts Set New Price Targets

A number of brokerages have commented on TJX. Citigroup boosted their target price on shares of TJX Companies from $140.00 to $160.00 and gave the stock a “buy” rating in a report on Thursday, August 21st. Wells Fargo & Company set a $140.00 price objective on shares of TJX Companies and gave the stock an “equal weight” rating in a research note on Monday, October 27th. Weiss Ratings reissued a “buy (b+)” rating on shares of TJX Companies in a research report on Wednesday, October 8th. TD Cowen lifted their price target on shares of TJX Companies from $160.00 to $162.00 and gave the stock a “buy” rating in a report on Monday. Finally, UBS Group reaffirmed a “buy” rating and set a $172.00 price target on shares of TJX Companies in a research report on Tuesday, November 4th. One analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $151.75.

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.