Fifth Third Wealth Advisors LLC Acquires 3,337 Shares of The TJX Companies, Inc. $TJX

Key Points

• Fifth Third Wealth Advisors LLC increased its stake in The TJX Companies by 11.1%, acquiring an additional 3,337 shares, bringing its total holdings to 33,313 shares valued at approximately $4.1 million.
• TJX Companies reported a quarterly earnings result of $1.10 per share, exceeding expectations, and revealed plans for a quarterly dividend of $0.425, representing an annual yield of 1.2%.
• Recent analyst upgrades have raised price targets for TJX Companies, with predictions ranging from $147.63 to $160.00, reflecting strong confidence in the stock's performance.

Fifth Third Wealth Advisors LLC grew its holdings in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 11.1% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 33,313 shares of the apparel and home fashions retailer's stock after acquiring an additional 3,337 shares during the quarter. Fifth Third Wealth Advisors LLC's holdings in TJX Companies were worth $4,114,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the business. TCTC Holdings LLC boosted its position in shares of 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 worth $26,000 after buying an additional 145 shares during the period. Atlantic Edge Private Wealth Management LLC boosted its position in shares of 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 during the period. Iron Horse Wealth Management LLC boosted its position in shares of 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 worth $36,000 after buying an additional 149 shares during the period. Inlight Wealth Management LLC acquired a new position in shares of TJX Companies during the first quarter worth about $37,000. Finally, Activest Wealth Management boosted its position 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 worth $39,000 after buying an additional 314 shares during the period. 91.09% of the stock is currently owned by institutional investors.

TJX Companies Stock Performance

Shares of NYSE TJX opened at $140.38 on Friday. The stock has a 50 day moving average price of $138.07 and a 200 day moving average price of $130.10. The TJX Companies, Inc. has a 52 week low of $111.73 and a 52 week high of $145.58. 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 stock has a market capitalization of $156.23 billion, a PE ratio of 31.98, a price-to-earnings-growth ratio of 3.08 and a beta of 0.92.

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 EPS for the quarter, beating the consensus estimate of $1.01 by $0.09. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.The firm had revenue of $14.40 billion during the quarter, compared to analysts' expectations of $14.12 billion. During the same period in the prior year, the firm posted $0.96 earnings per share. The business'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. Analysts predict that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Announces Dividend

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

Analyst Upgrades and Downgrades

TJX has been the subject of several recent research reports. Telsey Advisory Group reaffirmed an "outperform" rating and set a $155.00 price objective (up from $150.00) on shares of TJX Companies in a research report on Wednesday, August 20th. Daiwa America raised TJX Companies to a "strong-buy" rating in a research report on Tuesday, July 8th. Wells Fargo & Company upped their price objective on TJX Companies from $120.00 to $130.00 and gave the stock an "equal weight" rating in a research report on Thursday, August 21st. Citigroup upped their price objective on TJX Companies from $140.00 to $160.00 and gave the stock a "buy" rating in a research report on Thursday, August 21st. Finally, Robert W. Baird upped their price objective on TJX Companies from $143.00 to $152.00 and gave the stock an "outperform" rating in a research report on Thursday, August 21st. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Buy" and a consensus target price of $147.63.

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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