Ethic Inc. Sells 18,256 Shares of The TJX Companies, Inc. $TJX

Key Points

• Ethic Inc. reduced its stake in TJX Companies by 10.3% during Q2, selling 18,256 shares and retaining 158,671 shares worth approximately $19.6 million.
• TJX Companies reported $1.10 EPS for the last quarter, exceeding the consensus estimate of $1.01, with a revenue of $14.40 billion—up 6.9% year-over-year.
• The company declared a quarterly dividend of $0.425 per share, which will be paid on December 4th, representing an annual yield of 1.2%.

Ethic Inc. trimmed its holdings in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) by 10.3% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 158,671 shares of the apparel and home fashions retailer's stock after selling 18,256 shares during the quarter. Ethic Inc.'s holdings in TJX Companies were worth $19,577,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. TCTC Holdings LLC raised its holdings in TJX Companies by 210.1% in the 1st quarter. TCTC Holdings LLC now owns 214 shares of the apparel and home fashions retailer's stock valued at $26,000 after acquiring an additional 145 shares in the last quarter. Princeton Global Asset Management LLC bought a new stake in TJX Companies during the second quarter worth about $28,000. Atlantic Edge Private Wealth Management LLC grew its stake 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 worth $36,000 after buying an additional 110 shares in the last quarter. Iron Horse Wealth Management LLC raised its position 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 valued at $36,000 after buying an additional 149 shares in the last quarter. Finally, Activest Wealth Management increased its stake in TJX Companies by 4,485.7% in the first quarter. Activest Wealth Management now owns 321 shares of the apparel and home fashions retailer's stock valued at $39,000 after acquiring an additional 314 shares during the last quarter. Institutional investors own 91.09% of the company's stock.

TJX Companies Trading Down 0.0%

Shares of TJX stock opened at $143.87 on Wednesday. The firm has a market capitalization of $160.12 billion, a P/E ratio of 32.77, a price-to-earnings-growth ratio of 3.18 and a beta of 0.92. The firm's fifty day simple moving average is $139.76 and its 200 day simple moving average is $131.20. The TJX Companies, Inc. has a 1 year low of $111.73 and a 1 year high of $146.46. The company has a current ratio of 1.17, a quick ratio of 0.52 and a debt-to-equity ratio of 0.32.

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 (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.09. The business had revenue of $14.40 billion for the quarter, compared to the consensus estimate of $14.12 billion. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. The firm's quarterly revenue was up 6.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.96 EPS. 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 EPS for the current year.

TJX Companies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 4th. Shareholders of record on Thursday, November 13th will be given a dividend of $0.425 per share. The ex-dividend date of this dividend 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%.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. BTIG Research began coverage on TJX Companies in a research note on Tuesday, October 14th. They issued a "buy" rating and a $165.00 price objective on the stock. Morgan Stanley lifted their price target on shares of TJX Companies from $140.00 to $150.00 and gave the company an "overweight" rating in a report on Thursday, August 21st. UBS Group increased their price objective on shares of TJX Companies from $164.00 to $172.00 and gave the company a "buy" rating in a research note on Thursday, August 21st. Evercore ISI upped their price target on shares of TJX Companies from $150.00 to $162.00 and gave the stock an "outperform" rating in a report on Thursday, August 21st. Finally, Barclays raised their price objective on TJX Companies from $147.00 to $155.00 and gave the company an "overweight" rating in a report on Thursday, August 21st. One analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, TJX Companies presently has an average rating of "Buy" and a consensus price target 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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