Ameliora Wealth Management Ltd. Sells 4,067 Shares of The TJX Companies, Inc. $TJX

Key Points

• Ameliora Wealth Management Ltd. reduced its stake in The TJX Companies, Inc. by 26.8%, selling 4,067 shares during the second quarter, leaving them with 11,109 shares valued at approximately $1.37 million.
• The company reported a quarterly EPS of $1.10, surpassing analysts' expectations, with revenue of $14.40 billion, a year-over-year increase of 6.9%.
• TJX Companies announced a quarterly dividend of $0.425 per share, to be paid on December 4th, reflecting an annualized yield of 1.2%.

Ameliora Wealth Management Ltd. lowered its position in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 26.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,109 shares of the apparel and home fashions retailer's stock after selling 4,067 shares during the quarter. Ameliora Wealth Management Ltd.'s holdings in TJX Companies were worth $1,372,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. TCTC Holdings LLC boosted its position in 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 acquiring an additional 145 shares in the last quarter. Atlantic Edge Private Wealth Management LLC boosted its position in 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 acquiring an additional 110 shares in the last quarter. Iron Horse Wealth Management LLC boosted its position in 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 acquiring an additional 149 shares in the last quarter. Inlight Wealth Management LLC bought a new stake in TJX Companies during the 1st quarter valued at $37,000. Finally, Activest Wealth Management boosted its position in TJX Companies by 4,485.7% during the 1st quarter. Activest Wealth Management now owns 321 shares of the apparel and home fashions retailer's stock valued at $39,000 after acquiring an additional 314 shares in the last quarter. Institutional investors own 91.09% of the company's stock.

TJX Companies Trading Up 1.4%

NYSE TJX opened at $143.32 on Tuesday. The stock has a market cap of $159.51 billion, a P/E ratio of 32.65, a P/E/G ratio of 3.18 and a beta of 0.92. 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 fifty day simple moving average of $136.87 and a two-hundred day simple moving average of $129.66. The TJX Companies, Inc. has a 12-month low of $111.22 and a 12-month 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 earnings per share (EPS) 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 company had revenue of $14.40 billion during the quarter, compared to analyst estimates of $14.12 billion. During the same quarter last year, the business posted $0.96 EPS. The firm'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. On average, analysts forecast that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Announces Dividend

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

Wall Street Analysts Forecast Growth

TJX has been the topic of several recent research reports. Sanford C. Bernstein increased their target price on TJX Companies from $145.00 to $152.00 and gave the company an "outperform" rating in a research report on Thursday, August 21st. Daiwa America raised TJX Companies to a "strong-buy" rating in a research report on Tuesday, July 8th. Wells Fargo & Company increased their target price on TJX Companies from $120.00 to $130.00 and gave the company an "equal weight" rating in a research report on Thursday, August 21st. Robert W. Baird raised their price objective on TJX Companies from $143.00 to $152.00 and gave the stock an "outperform" rating in a research report on Thursday, August 21st. Finally, JPMorgan Chase & Co. boosted their target price on TJX Companies from $148.00 to $149.00 and gave the stock an "overweight" rating in a research note on Monday. One research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat, TJX Companies currently has a consensus rating of "Buy" and an average target price of $147.63.

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.

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