Thompson Davis & CO. Inc. Acquires 1,950 Shares of The TJX Companies, Inc. $TJX

Thompson Davis & CO. Inc. raised its holdings in The TJX Companies, Inc. (NYSE:TJX) by 56.1% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,425 shares of the apparel and home fashions retailer’s stock after acquiring an additional 1,950 shares during the period. Thompson Davis & CO. Inc.’s holdings in TJX Companies were worth $670,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. TCTC Holdings LLC increased its holdings in shares of TJX Companies by 210.1% in the 1st quarter. TCTC Holdings LLC now owns 214 shares of the apparel and home fashions retailer’s stock worth $26,000 after buying an additional 145 shares during the last quarter. Princeton Global Asset Management LLC purchased a new position in TJX Companies in the second quarter worth $28,000. Legacy Investment Solutions LLC bought a new position in TJX Companies in the second quarter valued at $32,000. True Wealth Design LLC raised its position 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 valued at $34,000 after purchasing an additional 149 shares in the last quarter. Finally, Activest Wealth Management boosted its holdings in shares of TJX Companies by 4,485.7% in the 1st quarter. Activest Wealth Management now owns 321 shares of the apparel and home fashions retailer’s stock worth $39,000 after purchasing an additional 314 shares in the last quarter. 91.09% of the stock is currently owned by institutional investors.

TJX Companies Stock Performance

TJX Companies stock opened at $146.55 on Thursday. The TJX Companies, Inc. has a twelve month low of $112.10 and a twelve month high of $148.11. The company has a quick ratio of 0.52, a current ratio of 1.17 and a debt-to-equity ratio of 0.32. The company has a market capitalization of $163.10 billion, a P/E ratio of 33.53, a PEG ratio of 3.14 and a beta of 0.90. The stock’s 50 day moving average is $142.09 and its 200 day moving average is $133.22.

TJX Companies (NYSE:TJX) last posted its quarterly earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.09. The firm had revenue of $14.40 billion during the quarter, compared to analyst estimates of $14.12 billion. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.TJX Companies’s quarterly revenue was up 6.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.96 EPS. TJX Companies has set its FY 2026 guidance at 4.520-4.570 EPS. Q3 2026 guidance at 1.170-1.190 EPS. On average, equities research analysts predict that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Dividend Announcement

The firm 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 dividend on an annualized basis 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%.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the company. Wall Street Zen upgraded TJX Companies from a “hold” rating to a “buy” rating in a research report on Saturday, August 23rd. Telsey Advisory Group restated an “outperform” rating and issued a $155.00 price objective on shares of TJX Companies in a report on Wednesday. Bank of America increased their target price on shares of TJX Companies from $145.00 to $150.00 and gave the company a “buy” rating in a report on Thursday, August 21st. Macquarie reissued a “buy” rating on shares of TJX Companies in a research note on Monday, August 11th. Finally, Erste Group Bank initiated coverage on TJX Companies in a research note on Friday, September 5th. They set a “buy” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target 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.