Bailard Inc. Reduces Position in The TJX Companies, Inc. $TJX

Bailard Inc. reduced its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 0.3% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 223,184 shares of the apparel and home fashions retailer’s stock after selling 695 shares during the period. Bailard Inc.’s holdings in TJX Companies were worth $27,561,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in TJX. TCTC Holdings LLC raised its holdings in shares of 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 period. Princeton Global Asset Management LLC acquired a new position in TJX Companies in the 2nd quarter valued at about $28,000. Legacy Investment Solutions LLC purchased a new stake in shares of TJX Companies in the 2nd quarter valued at approximately $32,000. True Wealth Design LLC increased its holdings in shares of TJX Companies by 121.1% during the 2nd quarter. True Wealth Design LLC now owns 272 shares of the apparel and home fashions retailer’s stock worth $34,000 after buying an additional 149 shares during the last quarter. Finally, Activest Wealth Management raised its position 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 valued at $39,000 after buying an additional 314 shares during the period. Institutional investors and hedge funds own 91.09% of the company’s stock.

TJX Companies Stock Down 0.5%

Shares of NYSE:TJX opened at $146.04 on Wednesday. The TJX Companies, Inc. has a fifty-two week low of $112.10 and a fifty-two week high of $147.59. The firm’s 50 day moving average price is $141.93 and its 200 day moving average price is $133.12. The company has a quick ratio of 0.52, a current ratio of 1.17 and a debt-to-equity ratio of 0.32. The stock has a market cap of $162.53 billion, a price-to-earnings ratio of 33.27, a price-to-earnings-growth ratio of 3.14 and a beta of 0.90.

TJX Companies (NYSE:TJX) last released its quarterly earnings data 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 business had revenue of $14.40 billion for the quarter, compared to the consensus estimate of $14.12 billion. During the same quarter in the prior year, the business posted $0.96 EPS. The business’s revenue for the quarter was up 6.9% on a year-over-year basis. 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 research analysts predict that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Announces Dividend

The business also recently disclosed 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 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Thursday, November 13th. TJX Companies’s payout ratio is currently 38.72%.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the company. Bank of America lifted their target price on TJX Companies from $145.00 to $150.00 and gave the company a “buy” rating in a research report on Thursday, August 21st. TD Cowen upped their target price on shares of TJX Companies from $160.00 to $162.00 and gave the company a “buy” rating in a research report on Monday. Robert W. Baird increased their target price on shares of TJX Companies from $143.00 to $152.00 and gave the stock an “outperform” rating in a research note on Thursday, August 21st. Wall Street Zen raised shares of TJX Companies from a “hold” rating to a “buy” rating in a research note on Saturday, August 23rd. Finally, JPMorgan Chase & Co. increased their price objective on shares of TJX Companies from $148.00 to $149.00 and gave the stock an “overweight” rating in a research report on Monday, October 6th. One research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, TJX Companies presently has a consensus rating of “Buy” and an average price target of $151.75.

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.