The TJX Companies, Inc. $TJX Shares Sold by SeaCrest Wealth Management LLC

Key Points

• SeaCrest Wealth Management LLC reduced its holdings in The TJX Companies by 24.6%, selling 2,850 shares during the 2nd quarter, and now owns 8,744 shares valued at approximately $1.08 million.
• The TJX Companies reported $1.10 earnings per share for the last quarter, exceeding analysts' estimates, with a 6.9% increase in revenue from the previous year.
• The firm announced a quarterly $0.425 dividend to be paid on December 4th, representing an annual yield of 1.2% and maintaining a payout ratio of 38.72%.

SeaCrest Wealth Management LLC lowered its stake in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 24.6% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 8,744 shares of the apparel and home fashions retailer's stock after selling 2,850 shares during the quarter. SeaCrest Wealth Management LLC's holdings in TJX Companies were worth $1,080,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently added to or reduced their stakes in TJX. TCTC Holdings LLC raised its holdings in shares of 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 raised its holdings 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 worth $36,000 after acquiring an additional 110 shares during the period. Iron Horse Wealth Management LLC raised its holdings 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 worth $36,000 after acquiring an additional 149 shares during the period. Inlight Wealth Management LLC purchased a new position in shares of TJX Companies during the 1st quarter worth $37,000. Finally, Activest Wealth Management raised its holdings 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 worth $39,000 after acquiring an additional 314 shares during the period. Institutional investors and hedge funds own 91.09% of the company's stock.

TJX Companies Stock Performance

Shares of TJX Companies stock traded down $0.34 during trading hours on Monday, hitting $139.44. 3,683,147 shares of the company were exchanged, compared to its average volume of 5,308,948. The TJX Companies, Inc. has a 1 year low of $111.22 and a 1 year high of $145.58. The company has a current ratio of 1.17, a quick ratio of 0.52 and a debt-to-equity ratio of 0.32. The business has a 50-day moving average of $132.91 and a 200-day moving average of $127.63. The stock has a market capitalization of $155.19 billion, a price-to-earnings ratio of 31.76, a P/E/G ratio of 3.14 and a beta of 0.90.

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 (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.09. The firm had revenue of $14.40 billion during the quarter, compared to analysts' expectations of $14.12 billion. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.TJX Companies's revenue was up 6.9% compared to the same quarter last year. During the same quarter in the prior year, the business 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. As a group, analysts expect that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Announces Dividend

The business also recently announced 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. This represents a $1.70 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Thursday, November 13th. TJX Companies's dividend payout ratio (DPR) is presently 38.72%.

Analyst Ratings Changes

A number of brokerages have issued reports on TJX. UBS Group boosted their price target on shares of TJX Companies from $164.00 to $172.00 and gave the stock a "buy" rating in a research note on Thursday, August 21st. Wells Fargo & Company boosted their price objective on TJX Companies from $120.00 to $130.00 and gave the stock an "equal weight" rating in a research report on Thursday, August 21st. Robert W. Baird boosted their price objective on TJX Companies from $143.00 to $152.00 and gave the stock an "outperform" rating in a research report on Thursday, August 21st. Citigroup boosted their price objective on TJX Companies from $140.00 to $160.00 and gave the stock a "buy" rating in a research report on Thursday, August 21st. Finally, Barclays boosted their price objective on TJX Companies from $147.00 to $155.00 and gave the stock an "overweight" rating in a research 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 stock. According to data from MarketBeat.com, TJX Companies has an average rating of "Buy" and a consensus target price 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.