Calamos Wealth Management LLC Purchases 1,744 Shares of The TJX Companies, Inc. $TJX

Key Points

• Calamos Wealth Management LLC increased its stake in The TJX Companies by 1.6% during the 2nd quarter, acquiring an additional 1,744 shares to reach a total of 113,405 shares, valued at approximately $14 million.
• The TJX Companies reported a $1.10 EPS for its latest quarter, exceeding analysts' expectations of $1.01 EPS, and had a revenue of $14.40 billion, which was also higher than estimates.
• Several analysts have given buy ratings for TJX shares, with target prices ranging from $133.00 to $165.00, reflecting strong confidence in the company's future performance.

Calamos Wealth Management LLC lifted its position in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 1.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 113,405 shares of the apparel and home fashions retailer's stock after acquiring an additional 1,744 shares during the quarter. Calamos Wealth Management LLC's holdings in TJX Companies were worth $14,004,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. TCTC Holdings LLC grew its position in TJX Companies by 210.1% during the first quarter. TCTC Holdings LLC now owns 214 shares of the apparel and home fashions retailer's stock valued at $26,000 after buying an additional 145 shares during the period. Atlantic Edge Private Wealth Management LLC grew its position in TJX Companies by 58.8% during the first 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 buying an additional 110 shares during the period. Iron Horse Wealth Management LLC grew its position in TJX Companies by 99.3% during the first quarter. Iron Horse Wealth Management LLC now owns 299 shares of the apparel and home fashions retailer's stock valued at $36,000 after buying an additional 149 shares during the period. Inlight Wealth Management LLC bought a new position in TJX Companies during the first quarter valued at about $37,000. Finally, Activest Wealth Management grew its position in TJX Companies by 4,485.7% during the first quarter. Activest Wealth Management now owns 321 shares of the apparel and home fashions retailer's stock valued at $39,000 after buying an additional 314 shares during the period. Institutional investors own 91.09% of the company's stock.

TJX Companies Price Performance

TJX stock opened at $143.95 on Friday. The firm has a 50 day moving average of $139.33 and a 200-day moving average of $130.93. 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 12 month low of $111.73 and a 12 month high of $146.46. The firm has a market capitalization of $160.21 billion, a P/E ratio of 32.79, a price-to-earnings-growth ratio of 3.19 and a beta of 0.92.

TJX Companies (NYSE:TJX - Get Free Report) last released its quarterly earnings data 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 net margin of 8.59% and a return on equity of 58.63%. The company had revenue of $14.40 billion during the quarter, compared to analyst estimates of $14.12 billion. During the same period last year, the business earned $0.96 earnings per share. 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 predict that The TJX Companies, Inc. will post 4.18 earnings per share 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. Stockholders of record on Thursday, November 13th will be given 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 (DPR) is 38.72%.

Analysts Set New Price Targets

Several equities analysts recently weighed in on TJX shares. BTIG Research started coverage on shares of TJX Companies in a research report on Tuesday. They set a "buy" rating and a $165.00 price target for the company. Evercore ISI increased their price target on shares of TJX Companies from $150.00 to $162.00 and gave the company an "outperform" rating in a research report on Thursday, August 21st. Daiwa Capital Markets started coverage on shares of TJX Companies in a research report on Tuesday, July 8th. They set an "outperform" rating and a $133.00 target price for the company. Citigroup increased their target price on shares of TJX Companies from $140.00 to $160.00 and gave the stock a "buy" rating in a research report on Thursday, August 21st. Finally, Weiss Ratings reiterated a "buy (b+)" rating on shares of TJX Companies in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of "Buy" and an average price target of $148.50.

TJX Companies Company 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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