Kestra Advisory Services LLC Has $9.04 Million Holdings in The TJX Companies, Inc. $TJX

Key Points

• Kestra Advisory Services LLC increased its holdings in The TJX Companies by 13.4% in the first quarter, acquiring an additional 8,751 shares, raising its total to 74,245 shares valued at $9.04 million.
• Institutional investors hold 91.09% of TJX shares, with significant stakes added by major firms such as Vanguard and Northern Trust in recent quarters.
• Analysts have a consensus rating of "Buy" for TJX stock, with a target price set at $147.58, indicating strong confidence in the company's performance.

Kestra Advisory Services LLC boosted its holdings in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) by 13.4% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 74,245 shares of the apparel and home fashions retailer's stock after acquiring an additional 8,751 shares during the period. Kestra Advisory Services LLC's holdings in TJX Companies were worth $9,043,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Clear Creek Financial Management LLC lifted its holdings in TJX Companies by 1.8% during the first quarter. Clear Creek Financial Management LLC now owns 4,811 shares of the apparel and home fashions retailer's stock worth $586,000 after acquiring an additional 83 shares in the last quarter. Knuff & Co LLC lifted its holdings in TJX Companies by 8.5% during the first quarter. Knuff & Co LLC now owns 1,056 shares of the apparel and home fashions retailer's stock worth $129,000 after acquiring an additional 83 shares in the last quarter. Salem Investment Counselors Inc. lifted its holdings in TJX Companies by 2.2% during the first quarter. Salem Investment Counselors Inc. now owns 3,986 shares of the apparel and home fashions retailer's stock worth $485,000 after acquiring an additional 86 shares in the last quarter. Financial Network Wealth Advisors LLC lifted its holdings in TJX Companies by 7.8% during the first quarter. Financial Network Wealth Advisors LLC now owns 1,207 shares of the apparel and home fashions retailer's stock worth $147,000 after acquiring an additional 87 shares in the last quarter. Finally, Amplius Wealth Advisors LLC lifted its holdings in TJX Companies by 4.2% during the first quarter. Amplius Wealth Advisors LLC now owns 2,324 shares of the apparel and home fashions retailer's stock worth $283,000 after acquiring an additional 93 shares in the last quarter. 91.09% of the stock is currently owned by institutional investors.

Insider Transactions at TJX Companies

In related news, Director Amy B. Lane sold 950 shares of the company's stock in a transaction dated Tuesday, June 3rd. The stock was sold at an average price of $128.09, for a total transaction of $121,685.50. Following the sale, the director owned 22,712 shares in the company, valued at approximately $2,909,180.08. This represents a 4.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 0.13% of the company's stock.

Analyst Ratings Changes

Several research analysts have weighed in on TJX shares. Daiwa Capital Markets started coverage on TJX Companies in a report on Tuesday, July 8th. They set an "outperform" rating and a $133.00 target price on the stock. TD Securities lifted their target price on TJX Companies from $140.00 to $142.00 and gave the stock a "buy" rating in a report on Tuesday, May 20th. Morgan Stanley lifted their price target on TJX Companies from $140.00 to $150.00 and gave the company an "overweight" rating in a research note on Thursday, August 21st. Daiwa America raised TJX Companies to a "strong-buy" rating in a research note on Tuesday, July 8th. Finally, Citigroup lifted their price target on TJX Companies from $140.00 to $160.00 and gave the company a "buy" rating in a research note on Thursday, August 21st. One analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus target price of $147.58.

TJX Companies Stock Up 0.4%

TJX traded up $0.61 on Wednesday, hitting $137.29. 4,521,060 shares of the company were exchanged, compared to its average volume of 5,516,427. The TJX Companies, Inc. has a 12 month low of $111.22 and a 12 month high of $145.58. The company has a market cap of $153.37 billion, a PE ratio of 31.27, a PEG ratio of 3.07 and a beta of 0.89. 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's fifty day moving average is $127.79 and its 200-day moving average is $125.71.

TJX Companies (NYSE:TJX - Get Free Report) last released its 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. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.The business had revenue of $14.40 billion for the quarter, compared to analyst estimates of $14.12 billion. During the same quarter in the prior year, the company posted $0.96 earnings per share. TJX Companies's 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. Equities research analysts predict 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, September 4th. Investors of record on Thursday, August 14th 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, August 14th. TJX Companies's dividend payout ratio is presently 38.72%.

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.