Savant Capital LLC lifted its position in shares of The TJX Companies, Inc. (NYSE:TJX – Free Report) by 28.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 55,059 shares of the apparel and home fashions retailer’s stock after purchasing an additional 12,311 shares during the period. Savant Capital LLC’s holdings in TJX Companies were worth $6,799,000 at the end of the most recent reporting period.
Other large investors have also recently bought and sold shares of the company. TCTC Holdings LLC increased its holdings in shares of TJX Companies by 210.1% in the 1st quarter. TCTC Holdings LLC now owns 214 shares of the apparel and home fashions retailer’s stock valued at $26,000 after acquiring an additional 145 shares during the last quarter. Princeton Global Asset Management LLC purchased a new stake in TJX Companies during the second quarter worth approximately $28,000. Iron Horse Wealth Management LLC boosted its holdings in 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 purchasing an additional 149 shares in the last quarter. Activest Wealth Management increased its stake in TJX Companies by 4,485.7% in the first quarter. Activest Wealth Management now owns 321 shares of the apparel and home fashions retailer’s stock valued at $39,000 after purchasing an additional 314 shares during the last quarter. Finally, Maseco LLP purchased a new position in TJX Companies in the second quarter valued at approximately $43,000. Hedge funds and other institutional investors own 91.09% of the company’s stock.
Analysts Set New Price Targets
Several analysts have recently weighed in on the stock. 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. Evercore ISI lifted their price target on shares of TJX Companies from $150.00 to $162.00 and gave the stock an “outperform” rating in a research note on Thursday, August 21st. Macquarie restated a “buy” rating on shares of TJX Companies in a research note on Monday, August 11th. Bank of America raised their price objective on TJX Companies from $145.00 to $150.00 and gave the stock a “buy” rating in a report on Thursday, August 21st. Finally, Weiss Ratings reissued a “buy (b+)” rating on shares of TJX Companies in a report on Wednesday, October 8th. One investment 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 MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of $149.00.
TJX Companies Trading Up 0.6%
Shares of TJX Companies stock opened at $144.59 on Friday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.52 and a current ratio of 1.17. The company 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 TJX Companies, Inc. has a 1 year low of $112.10 and a 1 year high of $146.46. The company’s fifty day moving average is $141.57 and its two-hundred day moving average is $132.79.
TJX Companies (NYSE:TJX – Get Free Report) last announced 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 net margin of 8.59% and a return on equity of 58.63%. The business had revenue of $14.40 billion during the quarter, compared to analysts’ expectations of $14.12 billion. During the same period in the prior year, the company earned $0.96 earnings per share. The business’s 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. Analysts forecast that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.
TJX Companies Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Thursday, December 4th. Shareholders of record on Thursday, November 13th will be paid a $0.425 dividend. 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 dividend payout ratio (DPR) is 38.72%.
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.
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