Bartlett & CO. Wealth Management LLC Has $128.62 Million Stock Position in The TJX Companies, Inc. $TJX

Key Points

• Bartlett & CO. Wealth Management LLC reduced its stake in The TJX Companies by 0.7%, now holding about 1,041,529 shares valued at approximately $128.62 million.
• TJX Companies recently reported earnings exceeding estimates, with an EPS of $1.10 for the quarter and revenue of $14.40 billion, showing a year-over-year growth of 6.9%.
• The company declared a quarterly dividend of $0.425 per share, representing an annualized yield of 1.2%, payable to shareholders on December 4th.

Bartlett & CO. Wealth Management LLC decreased its stake in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) by 0.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,041,529 shares of the apparel and home fashions retailer's stock after selling 7,001 shares during the period. TJX Companies accounts for approximately 1.8% of Bartlett & CO. Wealth Management LLC's holdings, making the stock its 13th biggest holding. Bartlett & CO. Wealth Management LLC owned about 0.09% of TJX Companies worth $128,619,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in TJX. TCTC Holdings LLC raised its holdings 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 worth $26,000 after purchasing an additional 145 shares during the last quarter. Atlantic Edge Private Wealth Management LLC raised its holdings 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 worth $36,000 after purchasing an additional 110 shares during the last quarter. Iron Horse Wealth Management LLC raised its holdings 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 worth $36,000 after purchasing an additional 149 shares during the last quarter. Inlight Wealth Management LLC bought a new stake in TJX Companies during the 1st quarter worth about $37,000. Finally, Activest Wealth Management raised its holdings 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 worth $39,000 after purchasing an additional 314 shares during the last quarter. Institutional investors and hedge funds own 91.09% of the company's stock.

TJX Companies Stock Up 0.7%

TJX stock opened at $144.54 on Wednesday. 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's 50 day moving average is $135.52 and its 200 day moving average is $128.82. The stock has a market cap of $160.86 billion, a price-to-earnings ratio of 32.92, a price-to-earnings-growth ratio of 3.23 and a beta of 0.90. 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 earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share (EPS) for the quarter, topping the consensus estimate 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 for the quarter was up 6.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $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 predict that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Dividend Announcement

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

Analyst Upgrades and Downgrades

TJX has been the subject of a number of recent analyst reports. Erste Group Bank initiated coverage on TJX Companies in a research note on Friday, September 5th. They issued a "buy" rating for the company. Macquarie reaffirmed a "buy" rating on shares of TJX Companies in a research note on Monday, August 11th. Daiwa Capital Markets initiated 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. Telsey Advisory Group reaffirmed an "outperform" rating and issued a $155.00 price target (up from $150.00) on shares of TJX Companies in a research note on Wednesday, August 20th. Finally, UBS Group upped their price target on TJX Companies from $164.00 to $172.00 and gave the company a "buy" rating in a research note on Thursday, August 21st. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, TJX Companies 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.

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