The TJX Companies, Inc. $TJX Shares Sold by Park Edge Advisors LLC

Key Points

• Park Edge Advisors LLC has reduced its stock holdings in The TJX Companies, Inc. by 26.4%, owning 9,963 shares valued at $1,230,000 after selling 3,572 shares in the second quarter.
• Shares of TJX opened at $139.55, with a 12-month high of $145.58 and a market cap of $155.31 billion.
• Analysts have raised their price targets for TJX, with UBS Group setting a new target of $172.00 and the consensus rating being "Buy" with an average target price of $147.58.

Park Edge Advisors LLC trimmed its holdings in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 26.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,963 shares of the apparel and home fashions retailer's stock after selling 3,572 shares during the quarter. Park Edge Advisors LLC's holdings in TJX Companies were worth $1,230,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of TJX. Fox Hill Wealth Management grew its position in TJX Companies by 2.1% during the 2nd quarter. Fox Hill Wealth Management now owns 25,222 shares of the apparel and home fashions retailer's stock worth $3,115,000 after purchasing an additional 528 shares during the last quarter. Wesbanco Bank Inc. grew its holdings in shares of TJX Companies by 84.0% during the second quarter. Wesbanco Bank Inc. now owns 75,219 shares of the apparel and home fashions retailer's stock worth $9,289,000 after buying an additional 34,332 shares during the last quarter. Verde Capital Management raised its stake in TJX Companies by 6.6% during the 2nd quarter. Verde Capital Management now owns 9,552 shares of the apparel and home fashions retailer's stock valued at $1,180,000 after acquiring an additional 594 shares during the last quarter. Osprey Private Wealth LLC grew its stake in shares of TJX Companies by 0.3% in the 2nd quarter. Osprey Private Wealth LLC now owns 29,230 shares of the apparel and home fashions retailer's stock valued at $3,679,000 after purchasing an additional 100 shares during the last quarter. Finally, Good Steward Wealth Advisors LLC acquired a new position in shares of TJX Companies in the second quarter valued at approximately $201,000. Institutional investors and hedge funds own 91.09% of the company's stock.

TJX Companies Price Performance

NYSE:TJX traded down $1.65 during mid-day trading on Tuesday, hitting $139.52. 3,786,268 shares of the company's stock traded hands, compared to its average volume of 5,260,196. 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 company has a market cap of $155.28 billion, a PE ratio of 31.78, a price-to-earnings-growth ratio of 3.18 and a beta of 0.90. The firm's 50 day simple moving average is $131.99 and its 200 day simple moving average is $127.23. The TJX Companies, Inc. has a 1 year low of $111.22 and a 1 year high of $145.58.

TJX Companies (NYSE:TJX - Get Free Report) last released its quarterly earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 EPS for the quarter, beating the consensus estimate of $1.01 by $0.09. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. The business had revenue of $14.40 billion for the quarter, compared to analyst estimates of $14.12 billion. During the same period in the prior year, the business earned $0.96 earnings per share. The company's quarterly 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. Sell-side analysts expect that The TJX Companies, Inc. will post 4.18 EPS for the current year.

Analysts Set New Price Targets

Several brokerages have recently weighed in on TJX. Evercore ISI lifted their target price on shares of TJX Companies from $150.00 to $162.00 and gave the company an "outperform" rating in a report on Thursday, August 21st. Telsey Advisory Group restated an "outperform" rating and issued a $155.00 price objective (up previously from $150.00) on shares of TJX Companies in a research report on Wednesday, August 20th. Macquarie reiterated a "buy" rating on shares of TJX Companies in a research report on Monday, August 11th. TD Securities raised their price target on TJX Companies from $140.00 to $142.00 and gave the company a "buy" rating in a report on Tuesday, May 20th. Finally, Loop Capital set a $150.00 price target on TJX Companies and gave the company a "buy" rating in a research note on Thursday, May 22nd. One research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, TJX Companies presently has an average rating of "Buy" and an average price target of $147.58.

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.