Laffer Tengler Investments Inc. Purchases Shares of 36,325 The TJX Companies, Inc. $TJX

Laffer Tengler Investments Inc. acquired a new position in shares of The TJX Companies, Inc. (NYSE:TJX) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 36,325 shares of the apparel and home fashions retailer’s stock, valued at approximately $4,486,000.

Other institutional investors also recently modified their holdings of the company. TCTC Holdings LLC grew 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 acquiring an additional 145 shares during the last quarter. Princeton Global Asset Management LLC acquired a new position in TJX Companies in the second quarter worth $28,000. Legacy Investment Solutions LLC bought a new stake in shares of TJX Companies during the second quarter worth $32,000. True Wealth Design LLC increased its stake in shares of TJX Companies by 121.1% in the second quarter. True Wealth Design LLC now owns 272 shares of the apparel and home fashions retailer’s stock valued at $34,000 after buying an additional 149 shares in the last quarter. Finally, Iron Horse Wealth Management LLC raised its holdings in shares of TJX Companies by 99.3% in the first quarter. Iron Horse Wealth Management LLC now owns 299 shares of the apparel and home fashions retailer’s stock valued at $36,000 after buying an additional 149 shares during the last quarter. Institutional investors own 91.09% of the company’s stock.

TJX Companies Price Performance

TJX Companies stock opened at $144.59 on Monday. 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 firm has a market capitalization of $160.92 billion, a P/E ratio of 32.94, a PEG ratio of 3.14 and a beta of 0.90. The business has a 50-day moving average of $141.57 and a 200-day moving average of $132.84. The TJX Companies, Inc. has a 1 year low of $112.10 and a 1 year high of $146.46.

TJX Companies (NYSE:TJX) last announced its quarterly earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share for the quarter, beating analysts’ consensus estimates of $1.01 by $0.09. The business had revenue of $14.40 billion for the quarter, compared to the consensus estimate 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 last year, the company 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. On average, equities analysts anticipate that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 4th. Stockholders of record on Thursday, November 13th will be given 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 of this dividend is Thursday, November 13th. TJX Companies’s dividend payout ratio (DPR) is currently 38.72%.

Wall Street Analyst Weigh In

TJX has been the topic of a number of research analyst reports. Telsey Advisory Group reissued an “outperform” rating and set a $155.00 price objective (up previously from $150.00) on shares of TJX Companies in a report on Wednesday, August 20th. Morgan Stanley increased their price target 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. Citigroup raised their price target on shares of TJX Companies from $140.00 to $160.00 and gave the company a “buy” rating in a report on Thursday, August 21st. Wells Fargo & Company set a $140.00 price objective on shares of TJX Companies and gave the stock an “equal weight” rating in a research report on Monday, October 27th. Finally, Weiss Ratings reiterated a “buy (b+)” rating on shares of TJX Companies in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, TJX Companies has an average rating of “Buy” and an average target price of $149.00.

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.