The TJX Companies, Inc. $TJX Shares Sold by Amalgamated Bank

Amalgamated Bank trimmed its holdings in The TJX Companies, Inc. (NYSE:TJX) by 2.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 244,526 shares of the apparel and home fashions retailer’s stock after selling 6,755 shares during the quarter. Amalgamated Bank’s holdings in TJX Companies were worth $30,197,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. TCTC Holdings LLC raised its position in TJX Companies by 210.1% during the 1st quarter. TCTC Holdings LLC now owns 214 shares of the apparel and home fashions retailer’s stock worth $26,000 after buying an additional 145 shares during the last quarter. Princeton Global Asset Management LLC acquired a new position in shares of TJX Companies during the 2nd quarter worth $28,000. Atlantic Edge Private Wealth Management LLC grew its stake in shares of TJX Companies by 58.8% during the 1st quarter. Atlantic Edge Private Wealth Management LLC now owns 297 shares of the apparel and home fashions retailer’s stock worth $36,000 after purchasing an additional 110 shares during the period. Iron Horse Wealth Management LLC grew its stake in shares of TJX Companies by 99.3% during the 1st quarter. Iron Horse Wealth Management LLC now owns 299 shares of the apparel and home fashions retailer’s stock worth $36,000 after purchasing an additional 149 shares during the period. Finally, Activest Wealth Management grew its stake in shares of TJX Companies by 4,485.7% during the 1st quarter. Activest Wealth Management now owns 321 shares of the apparel and home fashions retailer’s stock worth $39,000 after purchasing an additional 314 shares during the period. 91.09% of the stock is owned by institutional investors and hedge funds.

TJX Companies Trading Down 1.7%

Shares of TJX stock opened at $141.61 on Thursday. The firm has a market cap of $157.61 billion, a P/E ratio of 32.26, a PEG ratio of 3.19 and a beta of 0.92. The TJX Companies, Inc. has a 1-year low of $111.73 and a 1-year high of $146.46. 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 firm’s 50-day simple moving average is $140.77 and its 200-day simple moving average is $132.04.

TJX Companies (NYSE:TJX) last announced its quarterly earnings data on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.09. The business had revenue of $14.40 billion for the quarter, compared to analyst estimates of $14.12 billion. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. The company’s revenue was up 6.9% on a year-over-year basis. During the same period in the prior year, the firm posted $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. As a group, equities analysts forecast that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Announces Dividend

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

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on TJX shares. Sanford C. Bernstein increased their price objective on shares of TJX Companies from $145.00 to $152.00 and gave the company an “outperform” rating in a research note on Thursday, August 21st. Morgan Stanley increased their price objective on shares of TJX Companies from $140.00 to $150.00 and gave the company an “overweight” rating in a research note on Thursday, August 21st. Daiwa Capital Markets started coverage on shares of TJX Companies in a research note on Tuesday, July 8th. They issued an “outperform” rating and a $133.00 price objective on the stock. Citigroup increased their price objective on shares of TJX Companies from $140.00 to $160.00 and gave the company a “buy” rating in a research note on Thursday, August 21st. Finally, UBS Group increased their price objective on shares of TJX Companies from $164.00 to $172.00 and gave the company a “buy” rating in a research note on Thursday, August 21st. One research analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of $149.00.

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.