Albion Financial Group UT Purchases 114,579 Shares of The TJX Companies, Inc. $TJX

Key Points

• Albion Financial Group UT increased its stake in The TJX Companies by 1,549%, acquiring an additional 114,579 shares, bringing their total holdings to 121,976 shares valued at approximately $15,063,000.
• The TJX Companies reported a strong quarterly performance, with an EPS of $1.10, surpassing analysts' estimates of $1.01, and a year-over-year revenue increase of 6.9%.
• A quarterly dividend of $0.425 per share has been announced, with an annualized dividend yield of 1.2%, set to be paid on December 4th.

Albion Financial Group UT lifted its position in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 1,549.0% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 121,976 shares of the apparel and home fashions retailer's stock after buying an additional 114,579 shares during the quarter. Albion Financial Group UT's holdings in TJX Companies were worth $15,063,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in TJX. TCTC Holdings LLC lifted its holdings in 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 worth $26,000 after purchasing an additional 145 shares during the last quarter. Atlantic Edge Private Wealth Management LLC lifted its holdings in TJX Companies by 58.8% in the 1st quarter. Atlantic Edge Private Wealth Management LLC now owns 297 shares of the apparel and home fashions retailer's stock worth $36,000 after purchasing an additional 110 shares during the last quarter. Iron Horse Wealth Management LLC lifted its holdings in TJX Companies by 99.3% in the 1st quarter. Iron Horse Wealth Management LLC now owns 299 shares of the apparel and home fashions retailer's stock worth $36,000 after purchasing an additional 149 shares during the last quarter. Inlight Wealth Management LLC acquired a new stake in TJX Companies in the 1st quarter worth approximately $37,000. Finally, Activest Wealth Management lifted its holdings 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 last quarter. 91.09% of the stock is currently owned by institutional investors and hedge funds.

TJX Companies Stock Performance

Shares of NYSE TJX opened at $143.09 on Monday. The business has a fifty day simple moving average of $134.77 and a 200 day simple moving average of $128.50. 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 firm has a market capitalization of $159.25 billion, a price-to-earnings ratio of 32.60, a PEG ratio of 3.22 and a beta of 0.90. The TJX Companies, Inc. has a one year low of $111.22 and a one year high of $145.58.

TJX Companies (NYSE:TJX - Get Free Report) last issued 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. The business had revenue of $14.40 billion during the quarter, compared to analyst estimates of $14.12 billion. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.TJX Companies's revenue was up 6.9% on a year-over-year basis. During the same period in the prior year, the company posted $0.96 earnings per share. 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 expect that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 4th. Investors of record on Thursday, November 13th will be paid a $0.425 dividend. This represents a $1.70 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Thursday, November 13th. TJX Companies's dividend payout ratio is presently 38.72%.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the company. Daiwa America upgraded TJX Companies to a "strong-buy" rating in a report on Tuesday, July 8th. Bank of America boosted their target price on TJX Companies from $145.00 to $150.00 and gave the stock a "buy" rating in a report on Thursday, August 21st. Erste Group Bank assumed coverage on TJX Companies in a report on Friday, September 5th. They set a "buy" rating for the company. Citigroup upped their price target on TJX Companies from $140.00 to $160.00 and gave the stock a "buy" rating in a report on Thursday, August 21st. Finally, Wells Fargo & Company upped their price target on TJX Companies from $120.00 to $130.00 and gave the stock an "equal weight" rating in a report on Thursday, August 21st. One analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Buy" and an average 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.

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