PDT Partners LLC Acquires Shares of 19,911 The TJX Companies, Inc. $TJX

Key Points

• PDT Partners LLC acquired 19,911 shares of The TJX Companies, valued at approximately $2.425 million, in the first quarter.
• The TJX Companies has reported a 6.9% increase in quarterly revenue year-over-year, with a net margin of 8.59% and earnings per share at $1.10, exceeding expectations.
• An upcoming dividend of $0.425 per share will be paid on September 4th, reflecting a 1.2% dividend yield.

PDT Partners LLC acquired a new position in The TJX Companies, Inc. (NYSE:TJX - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 19,911 shares of the apparel and home fashions retailer's stock, valued at approximately $2,425,000.

A number of other large investors have also added to or reduced their stakes in the company. TCTC Holdings LLC raised its position 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 valued at $26,000 after buying an additional 145 shares in the last quarter. Atlantic Edge Private Wealth Management LLC raised its position in shares of TJX Companies by 58.8% during the 1st quarter. Atlantic Edge Private Wealth Management LLC now owns 297 shares of the apparel and home fashions retailer's stock valued at $36,000 after buying an additional 110 shares in the last quarter. Iron Horse Wealth Management LLC raised its position in shares of TJX Companies by 99.3% during the 1st 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 in the last quarter. Inlight Wealth Management LLC purchased a new stake in shares of TJX Companies during the 1st quarter valued at about $37,000. Finally, Activest Wealth Management raised its position in TJX Companies by 4,485.7% in the 1st quarter. Activest Wealth Management now owns 321 shares of the apparel and home fashions retailer's stock worth $39,000 after purchasing an additional 314 shares during the period. Institutional investors own 91.09% of the company's stock.

TJX Companies Stock Down 1.2%

Shares of TJX stock traded down $1.72 during trading hours on Friday, reaching $139.30. 6,735,796 shares of the company's stock were exchanged, compared to its average volume of 5,354,435. The TJX Companies, Inc. has a fifty-two week low of $111.22 and a fifty-two week high of $145.58. The stock's 50 day moving average is $129.57 and its 200-day moving average is $126.26. 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 company has a market cap of $155.03 billion, a price-to-earnings ratio of 31.73, a P/E/G ratio of 3.14 and a beta of 0.90.

TJX Companies (NYSE:TJX - Get Free Report) 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 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 firm had revenue of $14.40 billion during the quarter, compared to analysts' expectations of $14.12 billion. During the same quarter last year, the firm earned $0.96 EPS. The business's quarterly 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. Analysts predict that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 4th. Investors of record on Thursday, August 14th were issued 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 of this dividend was Thursday, August 14th. TJX Companies's dividend payout ratio (DPR) is 38.72%.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on TJX shares. Citigroup increased their price objective on shares of TJX Companies from $140.00 to $160.00 and gave the stock a "buy" rating in a research report on Thursday, August 21st. TD Securities boosted their price objective on TJX Companies from $140.00 to $142.00 and gave the company a "buy" rating in a report on Tuesday, May 20th. Robert W. Baird boosted their price objective on TJX Companies from $143.00 to $152.00 and gave the company an "outperform" rating in a report on Thursday, August 21st. Barclays boosted their price objective on TJX Companies from $147.00 to $155.00 and gave the company an "overweight" rating in a report on Thursday, August 21st. Finally, Erste Group Bank assumed coverage on TJX Companies in a report on Friday. They set a "buy" rating for the company. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat, TJX Companies has an average rating of "Buy" and a consensus target price of $147.58.

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.