The TJX Companies, Inc. $TJX Stock: One Way Holdings LLC Raises Position

One Way Holdings LLC grew its holdings in The TJX Companies, Inc. (NYSE:TJX) by 7.0% in the third quarter, Holdings Channel reports. The firm owned 169,815 shares of the apparel and home fashions retailer’s stock after buying an additional 11,112 shares during the quarter. One Way Holdings LLC’s holdings in TJX Companies were worth $22,468,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Welch Group LLC lifted its position in TJX Companies by 8.1% during the third quarter. Welch Group LLC now owns 86,680 shares of the apparel and home fashions retailer’s stock valued at $11,469,000 after purchasing an additional 6,532 shares during the period. Woodmont Investment Counsel LLC grew its position in TJX Companies by 4.9% in the 3rd quarter. Woodmont Investment Counsel LLC now owns 8,970 shares of the apparel and home fashions retailer’s stock worth $1,187,000 after purchasing an additional 415 shares during the period. Walled Lake Planning & Wealth Management LLC raised its stake in TJX Companies by 9.7% during the 3rd quarter. Walled Lake Planning & Wealth Management LLC now owns 2,671 shares of the apparel and home fashions retailer’s stock valued at $353,000 after buying an additional 236 shares during the last quarter. Bank Julius Baer & Co. Ltd Zurich raised its stake in TJX Companies by 2.8% during the 3rd quarter. Bank Julius Baer & Co. Ltd Zurich now owns 776,162 shares of the apparel and home fashions retailer’s stock valued at $103,011,000 after buying an additional 21,037 shares during the last quarter. Finally, Virtue Capital Management LLC raised its stake in TJX Companies by 14.9% during the 3rd quarter. Virtue Capital Management LLC now owns 2,531 shares of the apparel and home fashions retailer’s stock valued at $335,000 after buying an additional 329 shares during the last quarter. Hedge funds and other institutional investors own 91.09% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently commented on TJX. Jefferies Financial Group cut TJX Companies from a “buy” rating to a “hold” rating and reduced their price objective for the company from $180.00 to $145.00 in a research report on Wednesday, August 26th. Daiwa Securities Group dropped their target price on TJX Companies from $168.00 to $155.00 in a research report on Tuesday, August 25th. Wall Street Zen downgraded TJX Companies from a “buy” rating to a “hold” rating in a research note on Saturday, August 22nd. Citigroup cut shares of TJX Companies from a “buy” rating to a “neutral” rating and lowered their price objective for the stock from $182.00 to $154.00 in a research note on Thursday, August 20th. Finally, Bank of America dropped their price objective on shares of TJX Companies from $175.00 to $170.00 and set a “buy” rating on the stock in a report on Tuesday, October 27th. Twenty-one analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $174.95.

TJX Companies Price Performance

NYSE:TJX opened at $140.34 on Monday. The business’s 50-day simple moving average is $135.71 and its two-hundred day simple moving average is $151.19. The TJX Companies, Inc. has a 52 week low of $122.78 and a 52 week high of $170.00. The stock has a market cap of $154.37 billion, a PE ratio of 25.94, a P/E/G ratio of 2.66 and a beta of 0.58. The company has a quick ratio of 0.56, a current ratio of 1.15 and a debt-to-equity ratio of 0.18.

TJX Companies (NYSE:TJX) last released its earnings results on Wednesday, August 19th. The apparel and home fashions retailer reported $1.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.19 by $0.03. The firm had revenue of $15.18 billion during the quarter, compared to analysts’ expectations of $15.16 billion. TJX Companies had a return on equity of 56.56% and a net margin of 9.73%. The firm’s revenue was up 5.4% on a year-over-year basis. During the same quarter last year, the business posted $1.10 earnings per share. TJX Companies has set its FY 2027 guidance at 5.150-5.200 EPS and its Q3 2027 guidance at 1.360-1.380 EPS. As a group, analysts forecast that The TJX Companies, Inc. will post 5.22 EPS for the current fiscal year.

TJX Companies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 3rd. Investors of record on Thursday, November 12th will be given a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date is Thursday, November 12th. TJX Companies’s payout ratio is currently 35.49%.

TJX Companies Company Profile

The TJX Companies, Inc (NYSE: TJX) is an off-price retailer specializing in apparel, footwear, accessories, and home merchandise. Its stores offer branded and designer products at prices generally below those of full-price retailers, using a flexible purchasing model that allows the company to acquire merchandise from manufacturers, retailers, and other suppliers.

The company operates a portfolio of retail banners, including T.J. Maxx, Marshalls, HomeGoods, Sierra, and Homesense in the United States; Winners, HomeSense, and Marshalls in Canada; and TK Maxx and Homesense in Europe and Australia.