Chevy Chase Trust Holdings LLC Has $200.98 Million Stock Holdings in The TJX Companies, Inc. $TJX

Key Points

• Chevy Chase Trust Holdings LLC has increased its stake in The TJX Companies, Inc. by 2.1%, now owning approximately 1.63 million shares worth $200.98 million.
• The company reported earnings of $1.10 per share for the latest quarter, exceeding analyst expectations and reflecting a 6.9% revenue increase year-over-year.
• A dividend of $0.425 per share has been announced, with an upcoming payout date set for December 4th, representing an annual yield of 1.2%.

Chevy Chase Trust Holdings LLC increased its position in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) by 2.1% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,627,523 shares of the apparel and home fashions retailer's stock after buying an additional 34,197 shares during the quarter. TJX Companies accounts for 0.6% of Chevy Chase Trust Holdings LLC's portfolio, making the stock its 23rd biggest holding. Chevy Chase Trust Holdings LLC owned approximately 0.15% of TJX Companies worth $200,983,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Pinnacle Financial Partners Inc grew its position in TJX Companies by 2.2% during the first quarter. Pinnacle Financial Partners Inc now owns 387,342 shares of the apparel and home fashions retailer's stock worth $46,989,000 after buying an additional 8,319 shares in the last quarter. FCG Investment Co acquired a new stake in TJX Companies during the first quarter valued at approximately $2,620,000. MinichMacGregor Wealth Management LLC acquired a new stake in TJX Companies during the second quarter valued at approximately $5,045,000. Mainstream Capital Management LLC boosted its holdings in TJX Companies by 4.3% during the first quarter. Mainstream Capital Management LLC now owns 12,450 shares of the apparel and home fashions retailer's stock valued at $1,516,000 after purchasing an additional 515 shares in the last quarter. Finally, Parr Mcknight Wealth Management Group LLC boosted its holdings in TJX Companies by 12.6% during the first quarter. Parr Mcknight Wealth Management Group LLC now owns 40,840 shares of the apparel and home fashions retailer's stock valued at $4,974,000 after purchasing an additional 4,579 shares in the last quarter. 91.09% of the stock is owned by institutional investors and hedge funds.

TJX Companies Stock Performance

Shares of NYSE:TJX opened at $142.42 on Friday. The TJX Companies, Inc. has a twelve month low of $111.73 and a twelve month high of $146.46. The firm has a market cap of $158.50 billion, a PE ratio of 32.44, a price-to-earnings-growth ratio of 3.22 and a beta of 0.92. 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 business has a fifty day moving average of $139.08 and a 200-day moving average of $130.74.

TJX Companies (NYSE:TJX - Get Free Report) last announced its earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share 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 analyst estimates of $14.12 billion. During the same period last year, the company posted $0.96 earnings per share. The firm's quarterly 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. On average, equities research analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Dividend Announcement

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

Wall Street Analyst Weigh In

A number of research firms have weighed in on TJX. Erste Group Bank began coverage on TJX Companies in a report on Friday, September 5th. They set a "buy" rating on the stock. Wall Street Zen raised TJX Companies from a "hold" rating to a "buy" rating in a report on Saturday, August 23rd. JPMorgan Chase & Co. lifted their price objective on TJX Companies from $148.00 to $149.00 and gave the company an "overweight" rating in a report on Monday, October 6th. Citigroup lifted their price objective on TJX Companies from $140.00 to $160.00 and gave the company a "buy" rating in a report on Thursday, August 21st. Finally, Bank of America lifted their price objective on TJX Companies from $145.00 to $150.00 and gave the company a "buy" rating in a report on Thursday, August 21st. One research analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat.com, TJX Companies presently has an average rating of "Buy" and a consensus target price of $148.50.

About TJX Companies

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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