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Jones Financial Companies Lllp Trims Stock Position in The TJX Companies, Inc. $TJX

TJX Companies logo with Retail/Wholesale background

Key Points

  • Jones Financial Companies Lllp reduced its stake in The TJX Companies by 11.8%, selling 36,053 shares in the first quarter, resulting in holdings valued at approximately $32.75 million.
  • During the same period, several institutional investors, including TCTC Holdings and Atlantic Edge Private Wealth Management, increased their positions in TJX Companies significantly, with TCTC Holdings boosting its stake by 210.1%.
  • TJX Companies reported $1.10 earnings per share for the last quarter, exceeding analyst expectations, and provided a FY 2026 EPS guidance between 4.520 and 4.570.
  • MarketBeat previews top five stocks to own in October.

Jones Financial Companies Lllp cut its position in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) by 11.8% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 268,891 shares of the apparel and home fashions retailer's stock after selling 36,053 shares during the period. Jones Financial Companies Lllp's holdings in TJX Companies were worth $32,751,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of TJX. TCTC Holdings LLC raised its stake 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 worth $26,000 after purchasing an additional 145 shares during the period. Atlantic Edge Private Wealth Management LLC increased 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 valued at $36,000 after acquiring an additional 110 shares during the last quarter. Iron Horse Wealth Management LLC increased 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 valued at $36,000 after acquiring an additional 149 shares during the last quarter. Inlight Wealth Management LLC acquired a new stake in shares of TJX Companies during the first quarter valued at about $37,000. Finally, Activest Wealth Management increased 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 valued at $39,000 after acquiring an additional 314 shares during the last quarter. 91.09% of the stock is owned by hedge funds and other institutional investors.

TJX Companies Trading Down 1.2%

Shares of TJX stock opened at $139.30 on Monday. 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 $155.03 billion, a P/E ratio of 31.73, a price-to-earnings-growth ratio of 3.13 and a beta of 0.90. The company has a 50 day moving average price of $129.89 and a 200 day moving average price of $126.42. The TJX Companies, Inc. has a fifty-two week low of $111.22 and a fifty-two week high of $145.58.

TJX Companies (NYSE:TJX - Get Free Report) last announced its quarterly earnings data on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share 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 net margin of 8.59% and a return on equity of 58.63%. The business's quarterly revenue was up 6.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $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. Equities research analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, September 4th. Shareholders of record on Thursday, August 14th were 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 was Thursday, August 14th. TJX Companies's payout ratio is 38.72%.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the stock. Evercore ISI lifted their price target on shares of TJX Companies from $150.00 to $162.00 and gave the company an "outperform" rating in a research report on Thursday, August 21st. BMO Capital Markets reiterated an "outperform" rating on shares of TJX Companies in a research report on Wednesday, May 21st. Bank of America lifted their price target on shares of TJX Companies from $145.00 to $150.00 and gave the company a "buy" rating in a research report on Thursday, August 21st. Barclays lifted their price target on shares of TJX Companies from $147.00 to $155.00 and gave the company an "overweight" rating in a research report on Thursday, August 21st. Finally, UBS Group lifted their price target on shares of TJX Companies from $164.00 to $172.00 and gave the company a "buy" rating in a research report on Thursday, August 21st. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, TJX Companies presently has an average rating of "Buy" and a consensus price target of $147.58.

Get Our Latest Stock Report on TJX

TJX Companies Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding TJX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The TJX Companies, Inc. (NYSE:TJX - Free Report).

Institutional Ownership by Quarter for TJX Companies (NYSE:TJX)

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