Cumberland Partners Ltd Invests $3.59 Million in The TJX Companies, Inc. $TJX

Cumberland Partners Ltd purchased a new position in The TJX Companies, Inc. (NYSE:TJX) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 29,045 shares of the apparel and home fashions retailer’s stock, valued at approximately $3,587,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Brighton Jones LLC grew its stake in TJX Companies by 113.7% during the fourth quarter. Brighton Jones LLC now owns 15,039 shares of the apparel and home fashions retailer’s stock worth $1,817,000 after purchasing an additional 8,002 shares during the period. Revolve Wealth Partners LLC boosted its holdings in shares of TJX Companies by 12.1% during the 4th quarter. Revolve Wealth Partners LLC now owns 2,172 shares of the apparel and home fashions retailer’s stock worth $262,000 after buying an additional 235 shares in the last quarter. Bison Wealth LLC grew its position in shares of TJX Companies by 32.9% during the 4th quarter. Bison Wealth LLC now owns 3,856 shares of the apparel and home fashions retailer’s stock worth $466,000 after buying an additional 955 shares during the period. Ignite Planners LLC acquired a new stake in shares of TJX Companies during the 1st quarter worth approximately $262,000. Finally, Proficio Capital Partners LLC increased its stake in shares of TJX Companies by 8.2% in the 1st quarter. Proficio Capital Partners LLC now owns 4,842 shares of the apparel and home fashions retailer’s stock valued at $590,000 after acquiring an additional 369 shares in the last quarter. Institutional investors and hedge funds own 91.09% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on TJX shares. Sanford C. Bernstein boosted their target price on TJX Companies from $145.00 to $152.00 and gave the company an “outperform” rating in a research report on Thursday, August 21st. TD Cowen boosted their price target on shares of TJX Companies from $160.00 to $162.00 and gave the company a “buy” rating in a research note on Monday, November 10th. Citigroup raised their price objective on shares of TJX Companies from $140.00 to $160.00 and gave the company a “buy” rating in a research note on Thursday, August 21st. JPMorgan Chase & Co. boosted 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. Finally, Macquarie reaffirmed a “buy” rating on shares of TJX Companies in a research report on Monday, August 11th. One equities research 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’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of $151.75.

TJX Companies Stock Up 0.2%

Shares of NYSE:TJX opened at $145.83 on Thursday. The company has a market capitalization of $162.30 billion, a PE ratio of 33.22, a price-to-earnings-growth ratio of 3.14 and a beta of 0.90. 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 business has a fifty day moving average price of $142.66 and a two-hundred day moving average price of $133.84. The TJX Companies, Inc. has a 1 year low of $112.10 and a 1 year high of $151.00.

TJX Companies (NYSE:TJX) last released its earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 EPS for the quarter, topping analysts’ consensus estimates of $1.22 by $0.06. The company had revenue of $15.12 billion for the quarter, compared to analysts’ expectations of $14.80 billion. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.The business’s revenue for the quarter was up 7.5% compared to the same quarter last year. During the same period in the previous year, the business posted $1.14 EPS. TJX Companies has set its Q4 2026 guidance at 1.330-1.360 EPS. FY 2026 guidance at 4.630-4.660 EPS. Analysts forecast that The TJX Companies, Inc. will post 4.18 earnings per share for the current 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 paid a dividend of $0.425 per share. The ex-dividend date is Thursday, November 13th. This represents a $1.70 annualized dividend and a dividend yield of 1.2%. 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.