Atalanta Sosnoff Capital LLC Has $9.36 Million Position in The TJX Companies, Inc. $TJX

Key Points

• Atalanta Sosnoff Capital LLC increased its holdings in TJX Companies by 38.6% in Q1, bringing its total investment to approximately $9.36 million with 76,826 shares owned.
• Recent research reports have set new price targets for TJX, with Wells Fargo raising their target from $120 to $130, and Sanford C. Bernstein increasing theirs from $145 to $152.
• TJX reported earnings per share of $1.10 for the last quarter, exceeding analyst expectations, with a revenue of $14.4 billion showing a year-over-year growth of 6.9%.

Atalanta Sosnoff Capital LLC increased its holdings in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) by 38.6% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 76,826 shares of the apparel and home fashions retailer's stock after acquiring an additional 21,407 shares during the quarter. Atalanta Sosnoff Capital LLC's holdings in TJX Companies were worth $9,357,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. TCTC Holdings LLC increased its holdings 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 worth $26,000 after acquiring an additional 145 shares during the last quarter. Atlantic Edge Private Wealth Management LLC boosted its stake 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 valued at $36,000 after purchasing an additional 110 shares during the period. Iron Horse Wealth Management LLC boosted its stake 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 valued at $36,000 after purchasing an additional 149 shares during the period. Inlight Wealth Management LLC bought a new stake in TJX Companies in the 1st quarter valued at $37,000. Finally, Activest Wealth Management boosted its stake 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 valued at $39,000 after purchasing an additional 314 shares during the period. 91.09% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

TJX has been the subject of several recent research reports. Wells Fargo & Company boosted their price target 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. Daiwa Capital Markets began coverage on TJX Companies in a research note on Tuesday, July 8th. They issued an "outperform" rating and a $133.00 price target for the company. Sanford C. Bernstein upped 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. TD Securities upped their target price on TJX Companies from $140.00 to $142.00 and gave the company a "buy" rating in a research report on Tuesday, May 20th. Finally, Wall Street Zen upgraded TJX Companies from a "hold" rating to a "buy" rating in a research report on Saturday, August 23rd. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus price target of $147.58.

TJX Companies Trading Up 1.3%

Shares of TJX stock opened at $138.35 on Wednesday. The stock has a market cap of $154.55 billion, a price-to-earnings ratio of 31.51, a PEG ratio of 3.07 and a beta of 0.90. The stock has a 50-day moving average of $128.86 and a 200-day moving average of $126.06. 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 TJX Companies, Inc. has a 1-year low of $111.22 and a 1-year high of $145.58.

TJX Companies (NYSE:TJX - Get Free Report) last issued its quarterly earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share for the quarter, beating the consensus estimate of $1.01 by $0.09. The company had revenue of $14.40 billion during 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 business's quarterly revenue was up 6.9% on a year-over-year basis. During the same quarter in the prior year, the firm 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. On average, equities research analysts forecast that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 4th. Stockholders of record on Thursday, August 14th will be paid a $0.425 dividend. The ex-dividend date of this dividend is Thursday, August 14th. This represents a $1.70 annualized dividend and a dividend yield of 1.2%. 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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