The TJX Companies, Inc. $TJX Holdings Decreased by American Trust

Key Points

• American Trust has reduced its stake in The TJX Companies, Inc. by 21.0%, now holding 43,920 shares worth approximately $5.35 million.
• Several institutional investors have increased their positions in TJX Companies, with Activest Wealth Management raising its stake by an astonishing 4,485.7% during the same quarter.
• Analysts maintain a generally positive outlook on TJX Companies, with an average target price of $147.58 and a consensus rating of "Buy".

American Trust lowered its stake in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) by 21.0% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 43,920 shares of the apparel and home fashions retailer's stock after selling 11,695 shares during the quarter. TJX Companies comprises about 1.3% of American Trust's holdings, making the stock its 15th largest position. American Trust's holdings in TJX Companies were worth $5,349,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently modified their holdings of TJX. Brighton Jones LLC grew its holdings in shares of TJX Companies by 113.7% during the 4th quarter. Brighton Jones LLC now owns 15,039 shares of the apparel and home fashions retailer's stock worth $1,817,000 after purchasing an additional 8,002 shares during the period. Revolve Wealth Partners LLC increased its position in TJX Companies by 12.1% during the 4th quarter. Revolve Wealth Partners LLC now owns 2,172 shares of the apparel and home fashions retailer's stock worth $262,000 after purchasing an additional 235 shares in the last quarter. Bison Wealth LLC increased its position in TJX Companies by 32.9% during the 4th quarter. Bison Wealth LLC now owns 3,856 shares of the apparel and home fashions retailer's stock worth $466,000 after purchasing an additional 955 shares in the last quarter. Jefferies Financial Group Inc. increased its position in TJX Companies by 289.6% during the 4th quarter. Jefferies Financial Group Inc. now owns 23,105 shares of the apparel and home fashions retailer's stock worth $2,791,000 after purchasing an additional 17,175 shares in the last quarter. Finally, Lazard Asset Management LLC increased its position in TJX Companies by 7.1% during the 4th quarter. Lazard Asset Management LLC now owns 455,757 shares of the apparel and home fashions retailer's stock worth $55,059,000 after purchasing an additional 30,062 shares in the last quarter. Institutional investors and hedge funds own 91.09% of the company's stock.

TJX Companies Stock Performance

TJX stock traded up $0.97 during mid-day trading on Thursday, reaching $140.83. The company had a trading volume of 5,197,344 shares, compared to its average volume of 5,271,569. The company has a quick ratio of 0.52, a current ratio of 1.17 and a debt-to-equity ratio of 0.32. The stock has a market capitalization of $156.74 billion, a P/E ratio of 32.08, a P/E/G ratio of 3.15 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. The stock's 50-day simple moving average is $131.12 and its two-hundred day simple moving average is $126.87.

TJX Companies (NYSE:TJX - Get Free Report) last posted its earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.01 by $0.09. The company had revenue of $14.40 billion for the quarter, compared to analysts' expectations of $14.12 billion. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.The firm's quarterly revenue was up 6.9% compared to the same quarter last year. During the same period last year, the business 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. Research analysts anticipate that The TJX Companies, Inc. will post 4.18 EPS for the current year.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on TJX shares. Barclays increased their target price on shares of TJX Companies from $147.00 to $155.00 and gave the stock an "overweight" rating in a research report on Thursday, August 21st. Bank of America increased their price objective on shares of TJX Companies from $145.00 to $150.00 and gave the company a "buy" rating in a research report on Thursday, August 21st. UBS Group boosted their target price on shares of TJX Companies from $164.00 to $172.00 and gave the stock a "buy" rating in a research report on Thursday, August 21st. Cowen restated a "buy" rating on shares of TJX Companies in a research note on Tuesday, May 20th. Finally, Wells Fargo & Company raised their price objective on TJX Companies from $120.00 to $130.00 and gave the stock an "equal weight" rating in a research note on Thursday, August 21st. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of "Buy" and an average price target of $147.58.

TJX Companies 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.