The TJX Companies, Inc. $TJX Shares Purchased by Dynamic Technology Lab Private Ltd

Dynamic Technology Lab Private Ltd increased its stake in The TJX Companies, Inc. (NYSE:TJX) by 329.1% in the 2nd quarter, Holdings Channel.com reports. The fund owned 19,145 shares of the apparel and home fashions retailer’s stock after acquiring an additional 14,683 shares during the quarter. Dynamic Technology Lab Private Ltd’s holdings in TJX Companies were worth $2,364,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Howe & Rusling Inc. grew its position in shares of TJX Companies by 8.4% in the second quarter. Howe & Rusling Inc. now owns 131,824 shares of the apparel and home fashions retailer’s stock valued at $16,279,000 after purchasing an additional 10,233 shares during the period. GDS Wealth Management lifted its stake in TJX Companies by 1.5% in the 2nd quarter. GDS Wealth Management now owns 135,320 shares of the apparel and home fashions retailer’s stock valued at $16,711,000 after buying an additional 1,991 shares in the last quarter. Empirical Finance LLC boosted its holdings in TJX Companies by 0.6% in the 2nd quarter. Empirical Finance LLC now owns 40,138 shares of the apparel and home fashions retailer’s stock worth $4,957,000 after buying an additional 257 shares during the last quarter. Alteri Wealth LLC boosted its holdings in TJX Companies by 56.4% in the 2nd quarter. Alteri Wealth LLC now owns 3,762 shares of the apparel and home fashions retailer’s stock worth $465,000 after buying an additional 1,357 shares during the last quarter. Finally, Outlook Wealth Advisors LLC increased its stake in TJX Companies by 1.6% during the 2nd quarter. Outlook Wealth Advisors LLC now owns 5,551 shares of the apparel and home fashions retailer’s stock worth $685,000 after buying an additional 89 shares in the last quarter. 91.09% of the stock is owned by hedge funds and other institutional investors.

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 P/E ratio of 33.22, a P/E/G 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 company has a 50 day simple moving average of $142.66 and a 200-day simple moving average 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 quarterly earnings data on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 EPS for the quarter, beating analysts’ consensus estimates of $1.22 by $0.06. The firm 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 firm’s quarterly revenue was up 7.5% on a year-over-year basis. During the same period in the prior year, the firm posted $1.14 earnings per share. TJX Companies has set its Q4 2026 guidance at 1.330-1.360 EPS. FY 2026 guidance at 4.630-4.660 EPS. On average, equities research analysts predict that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Announces Dividend

The firm also recently disclosed 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. 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 (DPR) is presently 38.72%.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the company. Erste Group Bank started coverage on TJX Companies in a research report on Friday, September 5th. They issued a “buy” rating on the stock. Barclays increased their price objective on TJX Companies from $147.00 to $155.00 and gave the company an “overweight” rating in a research note on Thursday, August 21st. Evercore ISI lifted their target price on shares of TJX Companies from $150.00 to $162.00 and gave the stock an “outperform” rating in a research note on Thursday, August 21st. Morgan Stanley upped their target price on shares of TJX Companies from $140.00 to $150.00 and gave the stock an “overweight” rating in a report on Thursday, August 21st. Finally, JPMorgan Chase & Co. raised their price target on shares of TJX Companies from $148.00 to $149.00 and gave the stock an “overweight” rating in a research note on Monday, October 6th. One 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. According to MarketBeat.com, the stock has an average rating of “Buy” and an average 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.