Greenwood Capital Associates LLC Trims Stock Holdings in The TJX Companies, Inc. $TJX

Key Points

• Greenwood Capital Associates LLC decreased its holdings in The TJX Companies, Inc. by 6.9% in the second quarter, bringing its total shares owned to 48,637, valued at approximately $6 million.
• The TJX Companies reported an earnings per share (EPS) of $1.10 for the most recent quarter, exceeding analysts' expectations of $1.01, with revenue rising 6.9% year-over-year.
• A quarterly dividend of $0.425 per share has been announced, with the ex-dividend date set for November 13th, representing an annual yield of 1.2%.

Greenwood Capital Associates LLC lowered its holdings in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 6.9% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 48,637 shares of the apparel and home fashions retailer's stock after selling 3,582 shares during the period. Greenwood Capital Associates LLC's holdings in TJX Companies were worth $6,006,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Clear Creek Financial Management LLC boosted its holdings in TJX Companies by 1.8% in the first quarter. Clear Creek Financial Management LLC now owns 4,811 shares of the apparel and home fashions retailer's stock valued at $586,000 after purchasing an additional 83 shares during the last quarter. Knuff & Co LLC lifted its holdings in TJX Companies by 8.5% during the 1st quarter. Knuff & Co LLC now owns 1,056 shares of the apparel and home fashions retailer's stock worth $129,000 after buying an additional 83 shares during the last quarter. McLean Asset Management Corp lifted its holdings in TJX Companies by 3.2% during the 2nd quarter. McLean Asset Management Corp now owns 2,746 shares of the apparel and home fashions retailer's stock worth $344,000 after buying an additional 84 shares during the last quarter. Salem Investment Counselors Inc. lifted its holdings in TJX Companies by 2.2% during the 1st quarter. Salem Investment Counselors Inc. now owns 3,986 shares of the apparel and home fashions retailer's stock worth $485,000 after buying an additional 86 shares during the last quarter. Finally, NBC Securities Inc. lifted its holdings in TJX Companies by 0.6% during the 2nd quarter. NBC Securities Inc. now owns 14,274 shares of the apparel and home fashions retailer's stock worth $1,762,000 after buying an additional 86 shares during the last quarter. Hedge funds and other institutional investors own 91.09% of the company's stock.

TJX Companies Stock Performance

Shares of TJX Companies stock opened at $142.56 on Friday. The stock has a market cap of $158.66 billion, a PE ratio of 32.47, a price-to-earnings-growth ratio of 3.25 and a beta of 0.92. The TJX Companies, Inc. has a 12 month low of $111.22 and a 12 month high of $145.58. The company has a quick ratio of 0.52, a current ratio of 1.17 and a debt-to-equity ratio of 0.32. The business has a fifty day simple moving average of $136.21 and a 200-day simple moving average of $129.12.

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 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.01 by $0.09. The firm had revenue of $14.40 billion during the quarter, compared to analysts' expectations of $14.12 billion. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.The business's revenue for the quarter was up 6.9% on a year-over-year basis. During the same quarter last year, the firm earned $0.96 earnings per share. 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, sell-side analysts anticipate that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 4th. Shareholders of record on Thursday, November 13th will be issued a dividend of $0.425 per share. This represents a $1.70 annualized dividend and a yield of 1.2%. The ex-dividend date is Thursday, November 13th. TJX Companies's dividend payout ratio (DPR) is 38.72%.

Analyst Upgrades and Downgrades

TJX has been the topic of a number of research analyst reports. Daiwa America raised TJX Companies to a "strong-buy" rating in a report on Tuesday, July 8th. Evercore ISI increased their target price on TJX Companies from $150.00 to $162.00 and gave the stock an "outperform" rating in a report on Thursday, August 21st. Morgan Stanley increased their target price on TJX Companies from $140.00 to $150.00 and gave the stock an "overweight" rating in a report on Thursday, August 21st. Wells Fargo & Company increased their target price on TJX Companies from $120.00 to $130.00 and gave the stock an "equal weight" rating in a report on Thursday, August 21st. Finally, Macquarie reissued a "buy" rating on shares of TJX Companies in a report on Monday, August 11th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus 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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