Hoese & Co LLP Buys Shares of 2,500 The TJX Companies, Inc. $TJX

Key Points

• Hoese & Co LLP purchased 2,500 shares of The TJX Companies, Inc., valued at approximately $309,000, making it the firm's 27th largest holding.
• The TJX Companies reported $1.10 earnings per share for the recent quarter, exceeding analysts' expectations and marking a 6.9% year-over-year revenue growth to $14.40 billion.
• Investors can expect a quarterly dividend of $0.425 per share, with a dividend payout ratio currently standing at 38.72%.

Hoese & Co LLP purchased a new stake in The TJX Companies, Inc. (NYSE:TJX - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 2,500 shares of the apparel and home fashions retailer's stock, valued at approximately $309,000. TJX Companies accounts for 0.2% of Hoese & Co LLP's holdings, making the stock its 27th largest position.

Other institutional investors and hedge funds also recently made changes to their positions in the company. TCTC Holdings LLC grew its holdings in shares of 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 buying an additional 145 shares during the period. Atlantic Edge Private Wealth Management LLC boosted its stake in shares of TJX Companies by 58.8% during 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 buying an additional 110 shares during the last quarter. Iron Horse Wealth Management LLC boosted its stake in shares of TJX Companies by 99.3% during 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 buying an additional 149 shares during the last quarter. Inlight Wealth Management LLC acquired a new position in shares of TJX Companies during the 1st quarter worth about $37,000. Finally, Activest Wealth Management raised its holdings in shares of TJX Companies by 4,485.7% in the 1st 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 during the period. Institutional investors and hedge funds own 91.09% of the company's stock.

TJX Companies Price Performance

Shares of NYSE:TJX opened at $143.95 on Friday. The firm has a market cap of $160.21 billion, a PE ratio of 32.79, a price-to-earnings-growth ratio of 3.16 and a beta of 0.92. The firm's fifty day moving average is $139.33 and its 200-day moving average is $130.88. 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 TJX Companies, Inc. has a 52 week low of $111.73 and a 52 week high of $146.46.

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, 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 last year, the firm earned $0.96 earnings per share. TJX Companies's quarterly 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. Sell-side analysts predict that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on TJX shares. Daiwa Capital Markets initiated coverage on shares of TJX Companies in a report on Tuesday, July 8th. They issued an "outperform" rating and a $133.00 target price on the stock. Barclays increased their target price on shares of TJX Companies from $147.00 to $155.00 and gave the stock an "overweight" rating in a research report on Thursday, August 21st. Weiss Ratings reiterated a "buy (b+)" rating on shares of TJX Companies in a research report on Wednesday, October 8th. Morgan Stanley lifted 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. Finally, JPMorgan Chase & Co. raised their target price on shares of TJX Companies from $148.00 to $149.00 and gave the company an "overweight" rating in a research report on Monday, October 6th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Buy" and a consensus target price of $148.50.

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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