SKY Mountain Capital Management Inc. Sells 1,181 Shares of The TJX Companies, Inc. $TJX

SKY Mountain Capital Management Inc. decreased its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 23.6% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,821 shares of the apparel and home fashions retailer’s stock after selling 1,181 shares during the period. TJX Companies accounts for about 0.3% of SKY Mountain Capital Management Inc.’s holdings, making the stock its 21st largest holding. SKY Mountain Capital Management Inc.’s holdings in TJX Companies were worth $504,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in TJX. TCTC Holdings LLC lifted its stake in TJX Companies by 210.1% in the first 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 purchased a new position in TJX Companies during the 2nd quarter valued at $28,000. Legacy Investment Solutions LLC bought a new position in TJX Companies in the 2nd quarter worth $32,000. True Wealth Design LLC boosted its stake in shares of TJX Companies by 121.1% during the 2nd 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 increased its position in shares of 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 buying an additional 314 shares during the period. 91.09% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several brokerages have commented on TJX. Wells Fargo & Company restated a “market perform” rating on shares of TJX Companies in a report on Thursday. UBS Group reiterated a “buy” rating and issued a $172.00 price objective on shares of TJX Companies in a report on Tuesday, November 4th. Morgan Stanley reaffirmed an “overweight” rating on shares of TJX Companies in a research report on Thursday. Wall Street Zen upgraded shares of TJX Companies from a “hold” rating to a “buy” rating in a research note on Saturday, August 23rd. Finally, Robert W. Baird set a $160.00 price target on shares of TJX Companies in a research report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $154.86.

TJX Companies Price Performance

TJX opened at $145.83 on Thursday. The firm has a market cap of $162.30 billion, a PE ratio of 33.22, a P/E/G ratio of 3.14 and a beta of 0.90. The stock has a 50-day moving average price of $142.66 and a 200-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. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.17 and a quick ratio of 0.52.

TJX Companies (NYSE:TJX) last announced its quarterly earnings data on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 EPS for the quarter, beating the consensus estimate of $1.22 by $0.06. The company had revenue of $15.12 billion for the quarter, compared to the consensus estimate of $14.80 billion. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. TJX Companies’s revenue for the quarter was up 7.5% on a year-over-year basis. During the same period in the prior year, the firm 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. Sell-side analysts predict that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 4th. Investors of record on Thursday, November 13th will be given a dividend of $0.425 per share. The ex-dividend date of this dividend 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 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.