Nixon Peabody Trust Co. Cuts Stock Position in The TJX Companies, Inc. $TJX

Nixon Peabody Trust Co. trimmed its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 0.8% during the second quarter, HoldingsChannel reports. The fund owned 130,846 shares of the apparel and home fashions retailer’s stock after selling 1,028 shares during the quarter. TJX Companies comprises 1.3% of Nixon Peabody Trust Co.’s holdings, making the stock its 24th biggest position. Nixon Peabody Trust Co.’s holdings in TJX Companies were worth $16,158,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Revolve Wealth Partners LLC increased its position in TJX Companies by 3.3% during the 2nd quarter. Revolve Wealth Partners LLC now owns 2,453 shares of the apparel and home fashions retailer’s stock worth $303,000 after purchasing an additional 79 shares in the last quarter. Roble Belko & Company Inc raised its stake in shares of TJX Companies by 0.3% in the 2nd quarter. Roble Belko & Company Inc now owns 31,478 shares of the apparel and home fashions retailer’s stock valued at $3,887,000 after acquiring an additional 82 shares during the period. Knuff & Co LLC boosted its position in shares of TJX Companies by 8.5% in the first quarter. Knuff & Co LLC now owns 1,056 shares of the apparel and home fashions retailer’s stock worth $129,000 after buying an additional 83 shares during the period. 3Chopt Investment Partners LLC raised its stake in shares of TJX Companies by 1.6% during the second quarter. 3Chopt Investment Partners LLC now owns 5,239 shares of the apparel and home fashions retailer’s stock valued at $647,000 after purchasing an additional 83 shares during the period. Finally, McLean Asset Management Corp lifted its holdings in TJX Companies by 3.2% in the 2nd quarter. McLean Asset Management Corp now owns 2,746 shares of the apparel and home fashions retailer’s stock worth $344,000 after buying an additional 84 shares in the last quarter. 91.09% of the stock is owned by hedge funds and other institutional investors.

TJX Companies Price Performance

Shares of TJX stock opened at $146.54 on Friday. The TJX Companies, Inc. has a 1 year low of $112.10 and a 1 year high of $148.11. The firm’s 50 day moving average is $142.20 and its 200-day moving average is $133.31. The firm has a market capitalization of $163.09 billion, a price-to-earnings ratio of 33.38, a PEG ratio of 3.14 and a beta of 0.90. The company has a current ratio of 1.17, a quick ratio of 0.52 and a debt-to-equity ratio of 0.32.

TJX Companies (NYSE:TJX) last posted 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. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. The firm had revenue of $14.40 billion during the quarter, compared to analysts’ expectations of $14.12 billion. During the same quarter in the previous year, the company posted $0.96 EPS. TJX Companies’s revenue 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. Sell-side analysts forecast that The TJX Companies, Inc. will post 4.18 EPS 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. Investors of record on Thursday, November 13th will be issued a $0.425 dividend. This represents a $1.70 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Thursday, November 13th. TJX Companies’s dividend payout ratio is currently 38.72%.

Wall Street Analyst Weigh In

TJX has been the topic of a number of research reports. Sanford C. Bernstein increased their target price on shares of TJX Companies from $145.00 to $152.00 and gave the stock an “outperform” rating in a report on Thursday, August 21st. Morgan Stanley upped their target price on TJX Companies from $140.00 to $150.00 and gave the stock an “overweight” rating in a research report on Thursday, August 21st. BTIG Research started coverage on TJX Companies in a report on Tuesday, October 14th. They issued a “buy” rating and a $165.00 price target on the stock. Wall Street Zen raised shares of TJX Companies from a “hold” rating to a “buy” rating in a research report on Saturday, August 23rd. Finally, UBS Group reaffirmed a “buy” rating and set a $172.00 price objective on shares of TJX Companies in a research report on Tuesday, November 4th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and an average target price 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.