Northeast Investment Management Boosts Stock Position in The TJX Companies, Inc. $TJX

Key Points

• Northeast Investment Management increased its holdings in The TJX Companies by 6.5%, acquiring an additional 8,673 shares, bringing their total ownership to 141,463 shares valued at approximately $17.47 million.
• The TJX Companies reported a quarterly earnings per share (EPS) of $1.10, exceeding analyst expectations, with revenue reaching $14.40 billion, marking a 6.9% increase year-over-year.
• The firm declared a quarterly dividend of $0.425 per share, set to be paid on December 4th, representing an annualized yield of 1.2%.

Northeast Investment Management boosted its holdings in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) by 6.5% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 141,463 shares of the apparel and home fashions retailer's stock after purchasing an additional 8,673 shares during the quarter. Northeast Investment Management's holdings in TJX Companies were worth $17,469,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. TCTC Holdings LLC increased its holdings in TJX Companies by 210.1% during the 1st 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 last quarter. Atlantic Edge Private Wealth Management LLC raised its position 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 valued at $36,000 after acquiring an additional 110 shares in the last quarter. Iron Horse Wealth Management LLC raised its position 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 valued at $36,000 after acquiring an additional 149 shares in the last quarter. Inlight Wealth Management LLC acquired a new stake in shares of TJX Companies during the 1st quarter valued at approximately $37,000. Finally, Activest Wealth Management raised its position in shares of TJX Companies by 4,485.7% during the 1st 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 in the last quarter. 91.09% of the stock is currently owned by hedge funds and other institutional investors.

TJX Companies Price Performance

Shares of TJX opened at $143.95 on Friday. The company has a market cap of $160.21 billion, a P/E ratio of 32.79, a PEG ratio of 3.19 and a beta of 0.92. The stock has a fifty day moving average price of $139.33 and a 200 day moving average price of $130.93. 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 TJX Companies, Inc. has a 12 month low of $111.73 and a 12 month high of $146.46.

TJX Companies (NYSE:TJX - Get Free Report) last issued its quarterly earnings data on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 EPS for the quarter, topping analysts' consensus estimates of $1.01 by $0.09. The firm had revenue of $14.40 billion during the quarter, compared to the consensus estimate of $14.12 billion. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.The firm's revenue was up 6.9% on a year-over-year basis. During the same period in the prior year, the business earned $0.96 EPS. 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, research analysts forecast that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 4th. Shareholders of record on Thursday, November 13th will be given 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 is Thursday, November 13th. TJX Companies's payout ratio is 38.72%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on TJX shares. Daiwa Capital Markets started coverage on TJX Companies in a research report on Tuesday, July 8th. They set an "outperform" rating and a $133.00 price target on the stock. UBS Group upped their price target on TJX Companies from $164.00 to $172.00 and gave the company a "buy" rating in a research report on Thursday, August 21st. Barclays upped their price target on TJX Companies from $147.00 to $155.00 and gave the company an "overweight" rating in a research report on Thursday, August 21st. Erste Group Bank started coverage on TJX Companies in a research report on Friday, September 5th. They set a "buy" rating on the stock. Finally, Robert W. Baird upped their price target on TJX Companies from $143.00 to $152.00 and gave the company an "outperform" rating in a research report on Thursday, August 21st. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, TJX Companies currently has an average rating of "Buy" and a consensus price target of $148.50.

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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