The TJX Companies, Inc. $TJX Stock Holdings Trimmed by EFG Asset Management Americas Corp.

EFG Asset Management Americas Corp. lessened its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 15.0% in the second quarter, according to its most recent filing with the SEC. The firm owned 14,077 shares of the apparel and home fashions retailer’s stock after selling 2,486 shares during the quarter. EFG Asset Management Americas Corp.’s holdings in TJX Companies were worth $1,738,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of TJX. FCG Investment Co bought a new stake in shares of TJX Companies in the 1st quarter worth $2,620,000. MinichMacGregor Wealth Management LLC acquired a new position in TJX Companies during the second quarter worth about $5,045,000. Empowered Funds LLC raised its position in TJX Companies by 66.6% in the second quarter. Empowered Funds LLC now owns 76,998 shares of the apparel and home fashions retailer’s stock worth $9,508,000 after acquiring an additional 30,779 shares in the last quarter. Infusive Asset Management Inc. lifted its holdings in TJX Companies by 30.1% in the 1st quarter. Infusive Asset Management Inc. now owns 27,730 shares of the apparel and home fashions retailer’s stock valued at $3,378,000 after acquiring an additional 6,415 shares during the last quarter. Finally, First American Bank boosted its position in shares of TJX Companies by 4.5% during the 2nd quarter. First American Bank now owns 138,840 shares of the apparel and home fashions retailer’s stock valued at $17,145,000 after purchasing an additional 5,921 shares in the last quarter. 91.09% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms recently commented on TJX. Robert W. Baird increased their target price on shares of TJX Companies from $143.00 to $152.00 and gave the company an “outperform” rating in a research note on Thursday, August 21st. Weiss Ratings reissued a “buy (b+)” rating on shares of TJX Companies in a research note on Wednesday, October 8th. Evercore ISI increased their price target on TJX Companies from $150.00 to $162.00 and gave the company an “outperform” rating in a research report on Thursday, August 21st. Citigroup boosted their price objective on TJX Companies from $140.00 to $160.00 and gave the stock a “buy” rating in a report on Thursday, August 21st. Finally, UBS Group reiterated a “buy” rating and issued a $172.00 target price on shares of TJX Companies in a report on Tuesday, November 4th. One 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. Based on data from MarketBeat, TJX Companies has an average rating of “Buy” and an average price target of $151.75.

TJX Companies Stock Up 0.2%

NYSE:TJX opened at $145.83 on Thursday. The business’s fifty day moving average price is $142.66 and its 200 day moving average price is $133.84. The firm has a market capitalization of $162.30 billion, a price-to-earnings ratio of 33.22, a PEG ratio of 3.14 and a beta of 0.90. The company has a current ratio of 1.17, a quick ratio of 0.52 and a debt-to-equity ratio of 0.32. 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 posted its quarterly earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 EPS for the quarter, topping the consensus estimate of $1.22 by $0.06. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. The business had revenue of $15.12 billion during the quarter, compared to analysts’ expectations of $14.80 billion. During the same period last year, the company posted $1.14 earnings per share. The firm’s quarterly revenue was up 7.5% compared to the same quarter last year. 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, sell-side analysts forecast 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 disclosed a quarterly dividend, which will be paid on Thursday, December 4th. Investors of record on Thursday, November 13th will be issued a dividend of $0.425 per share. This represents a $1.70 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Thursday, November 13th. TJX Companies’s dividend payout ratio (DPR) is currently 38.72%.

About TJX Companies

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.