Oppenheimer Asset Management Inc. Reduces Stock Holdings in The TJX Companies, Inc. $TJX

Oppenheimer Asset Management Inc. reduced its stake in The TJX Companies, Inc. (NYSE:TJX) by 4.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 249,531 shares of the apparel and home fashions retailer’s stock after selling 11,009 shares during the period. Oppenheimer Asset Management Inc.’s holdings in TJX Companies were worth $30,815,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. Schneider Downs Wealth Management Advisors LP increased its stake in TJX Companies by 302.3% in the second quarter. Schneider Downs Wealth Management Advisors LP now owns 7,053 shares of the apparel and home fashions retailer’s stock valued at $871,000 after purchasing an additional 5,300 shares during the last quarter. Brighton Jones LLC increased its stake in TJX Companies by 19.2% in the second quarter. Brighton Jones LLC now owns 17,738 shares of the apparel and home fashions retailer’s stock valued at $2,190,000 after purchasing an additional 2,853 shares during the last quarter. Waldron Private Wealth LLC increased its stake in TJX Companies by 6.5% in the second quarter. Waldron Private Wealth LLC now owns 6,750 shares of the apparel and home fashions retailer’s stock valued at $834,000 after purchasing an additional 413 shares during the last quarter. MQS Management LLC acquired a new stake in shares of TJX Companies in the second quarter valued at approximately $789,000. Finally, Leavell Investment Management Inc. boosted its holdings in shares of TJX Companies by 6.4% in the second quarter. Leavell Investment Management Inc. now owns 4,085 shares of the apparel and home fashions retailer’s stock valued at $504,000 after acquiring an additional 247 shares during the period. 91.09% of the stock is currently owned by hedge funds and other institutional investors.

TJX Companies Price Performance

Shares of NYSE TJX opened at $141.90 on Friday. 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 stock has a fifty day moving average price of $140.31 and a 200 day moving average price of $131.68. The TJX Companies, Inc. has a 1-year low of $111.73 and a 1-year high of $146.46. The company has a market cap of $157.92 billion, a PE ratio of 32.32, a P/E/G ratio of 3.15 and a beta of 0.92.

TJX Companies (NYSE:TJX) last released its earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 EPS for the quarter, beating analysts’ consensus estimates of $1.01 by $0.09. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.The company had revenue of $14.40 billion during the quarter, compared to the consensus estimate of $14.12 billion. During the same quarter last year, the company earned $0.96 earnings per share. TJX Companies’s quarterly revenue was up 6.9% compared to the same quarter last year. TJX Companies has set its FY 2026 guidance at 4.520-4.570 EPS. Q3 2026 guidance at 1.170-1.190 EPS. Sell-side analysts forecast that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Dividend Announcement

The firm also recently announced 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. The ex-dividend date of this dividend is Thursday, November 13th. This represents a $1.70 dividend on an annualized basis and a yield of 1.2%. TJX Companies’s dividend payout ratio (DPR) is 38.72%.

Analyst Upgrades and Downgrades

TJX has been the subject of several research analyst reports. Barclays increased their price objective on TJX Companies from $147.00 to $155.00 and gave the company an “overweight” rating in a report on Thursday, August 21st. Citigroup increased their price objective on TJX Companies from $140.00 to $160.00 and gave the company a “buy” rating in a report on Thursday, August 21st. Daiwa Capital Markets initiated coverage on TJX Companies in a report on Tuesday, July 8th. They issued an “outperform” rating and a $133.00 price objective for the company. Bank of America increased their price objective on TJX Companies from $145.00 to $150.00 and gave the company a “buy” rating in a report on Thursday, August 21st. Finally, JPMorgan Chase & Co. increased their price target on TJX Companies from $148.00 to $149.00 and gave the stock an “overweight” rating in a report on Monday, October 6th. One equities 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. According to MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $148.50.

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.