Archford Capital Strategies LLC Has $4.58 Million Holdings in The TJX Companies, Inc. $TJX

Key Points

• Archford Capital Strategies LLC has increased its holdings in The TJX Companies, Inc. by 11.0%, owning 37,086 shares valued at $4.58 million.
• Numerous institutional investors, including Nuveen LLC and Vanguard Group Inc., have also significantly increased their stakes in TJX, contributing to a total of 91.09% institutional ownership of the stock.
• TJX Companies reported a quarterly EPS of $1.10, exceeding expectations and marking a 6.9% increase in revenue year-over-year, with future earnings guidance set for FY 2026.

Archford Capital Strategies LLC increased its stake in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) by 11.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 37,086 shares of the apparel and home fashions retailer's stock after purchasing an additional 3,663 shares during the period. Archford Capital Strategies LLC's holdings in TJX Companies were worth $4,580,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in TJX. Nuveen LLC acquired a new stake in shares of TJX Companies during the first quarter worth $1,330,717,000. Assenagon Asset Management S.A. grew its stake in TJX Companies by 65.8% in the first quarter. Assenagon Asset Management S.A. now owns 3,282,351 shares of the apparel and home fashions retailer's stock valued at $399,790,000 after acquiring an additional 1,302,845 shares during the period. Amundi grew its stake in TJX Companies by 10.2% in the first quarter. Amundi now owns 11,888,455 shares of the apparel and home fashions retailer's stock valued at $1,489,305,000 after acquiring an additional 1,104,292 shares during the period. Vanguard Group Inc. grew its stake in TJX Companies by 1.1% in the first quarter. Vanguard Group Inc. now owns 100,413,764 shares of the apparel and home fashions retailer's stock valued at $12,230,396,000 after acquiring an additional 1,099,129 shares during the period. Finally, Goldman Sachs Group Inc. grew its stake in TJX Companies by 17.7% in the first quarter. Goldman Sachs Group Inc. now owns 6,807,714 shares of the apparel and home fashions retailer's stock valued at $829,180,000 after acquiring an additional 1,025,329 shares during the period. 91.09% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

TJX has been the subject of a number of research analyst reports. UBS Group boosted their target price on TJX Companies from $164.00 to $172.00 and gave the company a "buy" rating in a research note on Thursday, August 21st. Wells Fargo & Company boosted their target price on TJX Companies from $120.00 to $130.00 and gave the company an "equal weight" rating in a research note on Thursday, August 21st. Robert W. Baird boosted their target price on TJX Companies from $143.00 to $152.00 and gave the company an "outperform" rating in a research note on Thursday, August 21st. Erste Group Bank initiated coverage on TJX Companies in a research note on Friday, September 5th. They issued a "buy" rating for the company. Finally, Citigroup boosted their target price on TJX Companies from $140.00 to $160.00 and gave the company a "buy" rating in a research note on Thursday, August 21st. One research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average price target of $147.58.

TJX Companies Stock Up 1.2%

Shares of TJX opened at $143.09 on Monday. The TJX Companies, Inc. has a 52 week low of $111.22 and a 52 week high of $145.58. The stock 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 company has a debt-to-equity ratio of 0.32, a quick ratio of 0.52 and a current ratio of 1.17. The stock has a fifty day moving average of $134.77 and a 200-day moving average of $128.50.

TJX Companies (NYSE:TJX - Get Free Report) last announced its quarterly 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. 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 analysts' expectations of $14.12 billion. During the same period in the prior year, the company earned $0.96 EPS. TJX Companies's revenue was up 6.9% compared to the same quarter last year. TJX Companies has set its FY 2026 guidance at 4.520-4.570 EPS. Q3 2026 guidance at 1.170-1.190 EPS. As a group, sell-side analysts anticipate that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 4th. Stockholders 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%.

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.

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