The TJX Companies, Inc. $TJX Shares Sold by Segment Wealth Management LLC

Segment Wealth Management LLC lowered its holdings in The TJX Companies, Inc. (NYSE:TJX) by 1.8% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 107,415 shares of the apparel and home fashions retailer’s stock after selling 1,965 shares during the quarter. Segment Wealth Management LLC’s holdings in TJX Companies were worth $13,265,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Nuveen LLC purchased a new position in shares of TJX Companies in the first quarter worth approximately $1,330,717,000. Assenagon Asset Management S.A. increased its position in shares of TJX Companies by 65.8% in the first quarter. Assenagon Asset Management S.A. now owns 3,282,351 shares of the apparel and home fashions retailer’s stock worth $399,790,000 after acquiring an additional 1,302,845 shares in the last quarter. Amundi increased its position in shares of TJX Companies by 10.2% in the first quarter. Amundi now owns 11,888,455 shares of the apparel and home fashions retailer’s stock worth $1,489,305,000 after acquiring an additional 1,104,292 shares in the last quarter. Vanguard Group Inc. increased its position in shares of TJX Companies by 1.1% in the first quarter. Vanguard Group Inc. now owns 100,413,764 shares of the apparel and home fashions retailer’s stock worth $12,230,396,000 after acquiring an additional 1,099,129 shares in the last quarter. Finally, Goldman Sachs Group Inc. increased its position in shares of TJX Companies by 17.7% in the first quarter. Goldman Sachs Group Inc. now owns 6,807,714 shares of the apparel and home fashions retailer’s stock worth $829,180,000 after acquiring an additional 1,025,329 shares in the last quarter. Institutional investors and hedge funds own 91.09% of the company’s stock.

TJX Companies Price Performance

Shares of TJX Companies stock opened at $141.30 on Friday. The firm has a fifty day simple moving average of $136.51 and a 200-day simple moving average of $129.30. 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 $111.22 and a 1-year high of $145.58. The stock has a market capitalization of $157.26 billion, a price-to-earnings ratio of 32.19, a PEG ratio of 3.21 and a beta of 0.92.

TJX Companies (NYSE:TJX) last issued its quarterly earnings data on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share for the quarter, topping analysts’ consensus estimates of $1.01 by $0.09. The business had revenue of $14.40 billion during the quarter, compared to analysts’ expectations of $14.12 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 6.9% on a year-over-year basis. During the same period in the previous year, the company earned $0.96 earnings per share. 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, sell-side analysts expect that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 4th. Shareholders of record on Thursday, November 13th will be issued a $0.425 dividend. This represents a $1.70 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Thursday, November 13th. TJX Companies’s payout ratio is 38.72%.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the stock. Citigroup lifted their target price on shares of TJX Companies from $140.00 to $160.00 and gave the stock a “buy” rating in a research report on Thursday, August 21st. Wall Street Zen raised shares of TJX Companies from a “hold” rating to a “buy” rating in a research report on Saturday, August 23rd. Robert W. Baird boosted their price objective on shares of TJX Companies from $143.00 to $152.00 and gave the company an “outperform” rating in a research report on Thursday, August 21st. Telsey Advisory Group reaffirmed an “outperform” rating and set a $155.00 price objective (up from $150.00) on shares of TJX Companies in a research report on Wednesday, August 20th. Finally, Sanford C. Bernstein boosted their price objective on shares of TJX Companies from $145.00 to $152.00 and gave the company an “outperform” rating in a research report on Thursday, August 21st. One analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Buy” and an average price target of $147.58.

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.