Loring Wolcott & Coolidge Fiduciary Advisors LLP MA Has $279.28 Million Holdings in The TJX Companies, Inc. $TJX

Key Points

• Loring Wolcott & Coolidge Fiduciary Advisors LLP reduced its stake in TJX Companies by 1.7%, now owning approximately $279.28 million worth of shares, which represents about 2.5% of its investment portfolio.
• In recent months, several large institutional investors have significantly increased their positions in TJX, including Nuveen LLC, which acquired a new position valued at $1.33 billion, and Vanguard Group Inc., which now holds over $12 billion in shares.
• TJX Companies reported earnings of $1.10 per share for the last quarter, exceeding expectations, with a revenue of $14.40 billion, marking a year-over-year increase of 6.9%.

Loring Wolcott & Coolidge Fiduciary Advisors LLP MA cut its position in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 1.7% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,261,581 shares of the apparel and home fashions retailer's stock after selling 38,343 shares during the period. TJX Companies accounts for about 2.5% of Loring Wolcott & Coolidge Fiduciary Advisors LLP MA's investment portfolio, making the stock its 12th biggest position. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA owned 0.20% of TJX Companies worth $279,283,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in TJX. Nuveen LLC acquired a new position in TJX Companies in the first quarter valued at about $1,330,717,000. Mirova US LLC boosted its position in TJX Companies by 164.5% in the second quarter. Mirova US LLC now owns 2,699,156 shares of the apparel and home fashions retailer's stock valued at $333,319,000 after buying an additional 1,678,665 shares in the last quarter. Amundi boosted its position in TJX Companies by 10.2% in the first quarter. Amundi now owns 11,888,455 shares of the apparel and home fashions retailer's stock valued at $1,489,305,000 after buying an additional 1,104,292 shares in the last quarter. Vanguard Group Inc. boosted its position in TJX Companies by 1.1% in the first quarter. Vanguard Group Inc. now owns 100,413,764 shares of the apparel and home fashions retailer's stock valued at $12,230,396,000 after buying an additional 1,099,129 shares in the last quarter. Finally, Goldman Sachs Group Inc. boosted its position in TJX Companies by 17.7% in the first quarter. Goldman Sachs Group Inc. now owns 6,807,714 shares of the apparel and home fashions retailer's stock valued at $829,180,000 after buying an additional 1,025,329 shares in the last quarter. 91.09% of the stock is currently owned by institutional investors and hedge funds.

TJX Companies Trading Down 0.6%

TJX opened at $142.99 on Thursday. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.17 and a quick ratio of 0.52. The company has a market cap of $159.14 billion, a price-to-earnings ratio of 32.57, a price-to-earnings-growth ratio of 3.19 and a beta of 0.92. The firm has a 50 day simple moving average of $139.94 and a 200 day simple moving average of $131.28. The TJX Companies, Inc. has a fifty-two week low of $111.73 and a fifty-two week high of $146.46.

TJX Companies (NYSE:TJX - Get Free Report) last posted its quarterly 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. The business had revenue of $14.40 billion during the quarter, compared to the consensus estimate of $14.12 billion. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. TJX Companies's revenue for the quarter was up 6.9% compared to the same quarter last year. During the same period in the previous year, the firm 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. On average, sell-side analysts anticipate that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Announces Dividend

The firm also recently declared 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 dividend yield of 1.2%. The ex-dividend date of this dividend is Thursday, November 13th. TJX Companies's payout ratio is 38.72%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on TJX shares. Bank of America upped their target price on shares of TJX Companies from $145.00 to $150.00 and gave the stock a "buy" rating in a research report on Thursday, August 21st. Barclays upped 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. Robert W. Baird upped their target price on shares of TJX Companies from $143.00 to $152.00 and gave the stock an "outperform" rating in a research report on Thursday, August 21st. Daiwa America upgraded shares of TJX Companies to a "strong-buy" rating in a research report on Tuesday, July 8th. Finally, Wall Street Zen upgraded shares of TJX Companies from a "hold" rating to a "buy" rating in a research report on Saturday, August 23rd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Buy" and a consensus price target of $148.50.

TJX Companies 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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