Roundview Capital LLC Buys 2,331 Shares of The TJX Companies, Inc. $TJX

Key Points

• Roundview Capital LLC has increased its stake in The TJX Companies, Inc. by 9.4%, acquiring an additional 2,331 shares, bringing its total holdings to 27,117 shares valued at approximately $3.35 million.
• Several other hedge funds have also recently boosted their stakes in TJX, with notable increases, including Activest Wealth Management raising its holdings by 4,485.7% in the first quarter.
• Analysts have set new price targets for TJX, with Citigroup raising their target from $140 to $160 and an average price target for the stock now at $147.63.

Roundview Capital LLC boosted its stake in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) by 9.4% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 27,117 shares of the apparel and home fashions retailer's stock after acquiring an additional 2,331 shares during the period. Roundview Capital LLC's holdings in TJX Companies were worth $3,349,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in TJX. TCTC Holdings LLC increased its stake 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 acquiring an additional 145 shares during the period. Atlantic Edge Private Wealth Management LLC boosted its holdings in shares of TJX Companies by 58.8% in 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 purchasing an additional 110 shares in the last quarter. Iron Horse Wealth Management LLC boosted its holdings in shares of TJX Companies by 99.3% in 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 purchasing an additional 149 shares in the last quarter. Inlight Wealth Management LLC acquired a new stake in shares of TJX Companies in the 1st quarter valued at $37,000. Finally, Activest Wealth Management boosted its holdings in shares of TJX Companies by 4,485.7% in the 1st quarter. Activest Wealth Management now owns 321 shares of the apparel and home fashions retailer's stock valued at $39,000 after purchasing an additional 314 shares in the last quarter. Institutional investors own 91.09% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the company. Citigroup raised their target price on TJX Companies from $140.00 to $160.00 and gave the company a "buy" rating in a report on Thursday, August 21st. Wall Street Zen raised TJX Companies from a "hold" rating to a "buy" rating in a report on Saturday, August 23rd. Daiwa Capital Markets assumed coverage on TJX Companies in a report on Tuesday, July 8th. They issued an "outperform" rating and a $133.00 target price on the stock. Wells Fargo & Company raised their target price on TJX Companies from $120.00 to $130.00 and gave the company an "equal weight" rating in a report on Thursday, August 21st. Finally, Sanford C. Bernstein raised their target price on TJX Companies from $145.00 to $152.00 and gave the company an "outperform" rating in a report on Thursday, August 21st. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Buy" and an average price target of $147.63.

TJX Companies Trading Up 1.4%

NYSE TJX opened at $143.32 on Tuesday. The company has a quick ratio of 0.52, a current ratio of 1.17 and a debt-to-equity ratio of 0.32. The TJX Companies, Inc. has a twelve month low of $111.22 and a twelve month high of $145.58. The company has a market cap of $159.51 billion, a price-to-earnings ratio of 32.65, a price-to-earnings-growth ratio of 3.18 and a beta of 0.92. The business's fifty day moving average is $136.87 and its 200 day moving average is $129.66.

TJX Companies (NYSE:TJX - Get Free Report) last released its quarterly earnings data on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share for the quarter, beating 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 company had revenue of $14.40 billion for the quarter, compared to the consensus estimate of $14.12 billion. During the same quarter last year, the business posted $0.96 EPS. TJX Companies'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. As a group, sell-side analysts expect that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 4th. Investors of record on Thursday, November 13th will be issued a dividend of $0.425 per share. The ex-dividend date of this dividend is Thursday, November 13th. This represents a $1.70 annualized dividend and a dividend yield of 1.2%. TJX Companies's dividend payout ratio (DPR) is 38.72%.

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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