ORG Partners LLC Lowers Position in The TJX Companies, Inc. $TJX

Key Points

• ORG Partners LLC has reduced its stake in The TJX Companies by 72.5% to just 1,850 shares, following the sale of 4,882 shares during Q2.
• Wall Street analysts maintain a strong outlook on TJX Companies, with a consensus rating of Buy and price targets ranging from $140 to $155.
• TJX Companies recently reported better-than-expected earnings with $1.10 EPS for the quarter, surpassing analyst forecasts, and announced a quarterly dividend of $0.425 per share.

ORG Partners LLC lowered its stake in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) by 72.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,850 shares of the apparel and home fashions retailer's stock after selling 4,882 shares during the period. ORG Partners LLC's holdings in TJX Companies were worth $232,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its stake in shares of TJX Companies by 1.1% during the 1st quarter. Vanguard Group Inc. now owns 100,413,764 shares of the apparel and home fashions retailer's stock worth $12,230,396,000 after purchasing an additional 1,099,129 shares during the period. Ameriprise Financial Inc. lifted its position in shares of TJX Companies by 0.3% during the first quarter. Ameriprise Financial Inc. now owns 13,068,312 shares of the apparel and home fashions retailer's stock worth $1,591,758,000 after purchasing an additional 35,800 shares during the last quarter. Amundi lifted its position in shares of TJX Companies by 10.2% during the first quarter. Amundi now owns 11,888,455 shares of the apparel and home fashions retailer's stock worth $1,489,305,000 after purchasing an additional 1,104,292 shares during the last quarter. Nuveen LLC bought a new position in shares of TJX Companies during the first quarter worth about $1,330,717,000. Finally, Invesco Ltd. lifted its position in shares of TJX Companies by 2.8% during the first quarter. Invesco Ltd. now owns 9,000,600 shares of the apparel and home fashions retailer's stock worth $1,096,273,000 after purchasing an additional 247,579 shares during the last quarter. Hedge funds and other institutional investors own 91.09% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on TJX. Sanford C. Bernstein increased their price target on TJX Companies from $145.00 to $152.00 and gave the stock an "outperform" rating in a research report on Thursday, August 21st. Telsey Advisory Group reaffirmed an "outperform" rating and set a $155.00 price target (up previously from $150.00) on shares of TJX Companies in a report on Wednesday, August 20th. Robert W. Baird lifted their price target on TJX Companies from $143.00 to $152.00 and gave the company an "outperform" rating in a report on Thursday, August 21st. Morgan Stanley lifted their price target on TJX Companies from $140.00 to $150.00 and gave the company an "overweight" rating in a report on Thursday, August 21st. Finally, Bank of America lifted their price target on TJX Companies from $145.00 to $150.00 and gave the company a "buy" rating in a report on Thursday, August 21st. One research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus price target of $147.58.

TJX Companies Trading Up 1.2%

NYSE TJX opened at $143.09 on Monday. The TJX Companies, Inc. has a twelve month low of $111.22 and a twelve month high of $145.58. 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 cap of $159.25 billion, a price-to-earnings ratio of 32.60, a PEG ratio of 3.22 and a beta of 0.90. The firm's 50 day moving average price is $134.77 and its two-hundred day moving average price is $128.50.

TJX Companies (NYSE:TJX - Get Free Report) last issued its earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share (EPS) for the quarter, beating 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 company had revenue of $14.40 billion during the quarter, compared to analyst estimates of $14.12 billion. During the same quarter last year, the business posted $0.96 EPS. The company's revenue for the quarter 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 analysts anticipate that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Announces Dividend

The company also recently announced 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. The ex-dividend date of this dividend is Thursday, November 13th. This represents a $1.70 dividend on an annualized basis and a yield of 1.2%. TJX Companies's payout ratio is currently 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.

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