Sagespring Wealth Partners LLC Increases Stock Position in The TJX Companies, Inc. $TJX

Sagespring Wealth Partners LLC raised its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 7.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 52,215 shares of the apparel and home fashions retailer’s stock after acquiring an additional 3,549 shares during the period. Sagespring Wealth Partners LLC’s holdings in TJX Companies were worth $6,448,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in TJX. Nuveen LLC bought a new position in shares of TJX Companies in the first quarter worth approximately $1,330,717,000. Mirova US LLC lifted its stake in TJX Companies by 164.5% in the second quarter. Mirova US LLC now owns 2,699,156 shares of the apparel and home fashions retailer’s stock worth $333,319,000 after acquiring an additional 1,678,665 shares during the period. Amundi grew its holdings in 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 purchasing an additional 1,104,292 shares during the period. Vanguard Group Inc. grew its holdings in 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 purchasing an additional 1,099,129 shares during the period. Finally, Goldman Sachs Group Inc. grew its holdings in 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 purchasing an additional 1,025,329 shares during the period. Institutional investors own 91.09% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently issued reports on TJX. Daiwa Capital Markets began coverage on TJX Companies in a research report on Tuesday, July 8th. They issued an “outperform” rating and a $133.00 price target for the company. Wall Street Zen raised TJX Companies from a “hold” rating to a “buy” rating in a research report on Saturday, August 23rd. Citigroup lifted their price target on TJX Companies from $140.00 to $160.00 and gave the stock a “buy” rating in a research report on Thursday, August 21st. Wells Fargo & Company lifted their price target on TJX Companies from $120.00 to $130.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 21st. Finally, Weiss Ratings reaffirmed a “buy (b+)” rating on shares of TJX Companies in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of $147.63.

TJX Companies Price Performance

Shares of NYSE:TJX opened at $141.38 on Tuesday. The TJX Companies, Inc. has a fifty-two week low of $111.73 and a fifty-two week high of $145.58. The business has a 50-day simple moving average of $138.31 and a two-hundred day simple moving average of $130.40. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.52 and a current ratio of 1.17. The firm has a market cap of $157.35 billion, a price-to-earnings ratio of 32.20, a price-to-earnings-growth ratio of 3.12 and a beta of 0.92.

TJX Companies (NYSE:TJX) last issued its earnings results 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 analyst estimates of $14.12 billion. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.TJX Companies’s revenue was up 6.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.96 EPS. 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, analysts expect that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 4th. Shareholders of record on Thursday, November 13th will be paid 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 is Thursday, November 13th. TJX Companies’s payout ratio is currently 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.