Curi RMB Capital LLC Sells 38,057 Shares of The TJX Companies, Inc. $TJX

Key Points

• Curi RMB Capital LLC sold 38,057 shares of The TJX Companies, decreasing its position by 9.1%, and now holds 382,242 shares valued at approximately $46.56 million.
• In the 1st quarter, several institutional investors significantly increased their stakes in TJX, including Activest Wealth Management, which raised its stake by 4,485.7%.
• The TJX Companies reported a strong earnings per share (EPS) of $1.10 for the last quarter, surpassing analysts' expectations and reflecting a year-over-year revenue increase of 6.9%.

Curi RMB Capital LLC lowered its position in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 9.1% in the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 382,242 shares of the apparel and home fashions retailer's stock after selling 38,057 shares during the period. TJX Companies accounts for about 1.1% of Curi RMB Capital LLC's investment portfolio, making the stock its 15th largest holding. Curi RMB Capital LLC's holdings in TJX Companies were worth $46,557,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. TCTC Holdings LLC lifted 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 increased its stake in shares of 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 worth $36,000 after acquiring an additional 110 shares in the last quarter. Iron Horse Wealth Management LLC increased its stake in shares of 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 worth $36,000 after acquiring an additional 149 shares in the last quarter. Inlight Wealth Management LLC bought a new position in shares of TJX Companies during the first quarter valued at approximately $37,000. Finally, Activest Wealth Management increased its stake in shares of 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 purchasing an additional 314 shares in the last quarter. Institutional investors own 91.09% of the company's stock.

TJX Companies Stock Performance

Shares of TJX stock opened at $139.33 on Thursday. The company has a 50 day moving average price of $129.19 and a 200-day moving average price of $126.15. The TJX Companies, Inc. has a 52 week low of $111.22 and a 52 week high of $145.58. The firm has a market capitalization of $155.65 billion, a PE ratio of 31.74, a P/E/G ratio of 3.07 and a beta of 0.90. The company has a quick ratio of 0.52, a current ratio of 1.17 and a debt-to-equity ratio of 0.32.

TJX Companies (NYSE:TJX - Get Free Report) last posted its earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 EPS for the quarter, topping 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 business had revenue of $14.40 billion during the quarter, compared to the consensus estimate of $14.12 billion. During the same quarter in the previous year, the firm posted $0.96 EPS. The firm's revenue was up 6.9% on a year-over-year basis. 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, equities research analysts expect that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 4th. Shareholders of record on Thursday, August 14th will be paid a dividend of $0.425 per share. This represents a $1.70 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Thursday, August 14th. TJX Companies's payout ratio is currently 38.72%.

Analyst Ratings Changes

TJX has been the subject of a number of analyst reports. Barclays raised their target price on shares of TJX Companies from $147.00 to $155.00 and gave the company an "overweight" rating in a research note on Thursday, August 21st. UBS Group raised their price objective on TJX Companies from $164.00 to $172.00 and gave the company a "buy" rating in a research report on Thursday, August 21st. JPMorgan Chase & Co. raised their price target on TJX Companies from $145.00 to $148.00 and gave the company an "overweight" rating in a report on Thursday, August 21st. Macquarie restated a "buy" rating on shares of TJX Companies in a report on Monday, August 11th. Finally, Morgan Stanley raised their price objective on shares of TJX Companies from $140.00 to $150.00 and gave the company an "overweight" rating in a research note on Thursday, August 21st. One investment analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average target price of $147.58.

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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