ST Germain D J Co. Inc. Increases Stock Holdings in The TJX Companies, Inc. $TJX

Key Points

• ST Germain D J Co. Inc. increased its holdings in The TJX Companies by 4.9% during the second quarter, owning 99,957 shares valued at approximately $12.34 million.
• Hedge funds and institutional investors own 91.09% of TJX Companies, with several firms significantly increasing their positions in the first quarter.
• TJX Companies reported an earnings per share of $1.10 for the last quarter, exceeding consensus estimates of $1.01, and announced a quarterly dividend of $0.425 per share.

ST Germain D J Co. Inc. increased its holdings in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) by 4.9% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 99,957 shares of the apparel and home fashions retailer's stock after buying an additional 4,707 shares during the quarter. ST Germain D J Co. Inc.'s holdings in TJX Companies were worth $12,344,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. TCTC Holdings LLC grew its holdings in TJX Companies by 210.1% in the first quarter. TCTC Holdings LLC now owns 214 shares of the apparel and home fashions retailer's stock valued at $26,000 after purchasing 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 during the last quarter. Iron Horse Wealth Management LLC grew its stake 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 buying an additional 149 shares during the period. Inlight Wealth Management LLC acquired a new stake in shares of TJX Companies during the 1st quarter worth $37,000. Finally, Activest Wealth Management raised its position 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 worth $39,000 after buying an additional 314 shares during the period. Hedge funds and other institutional investors own 91.09% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on TJX. Sanford C. Bernstein boosted their target price on TJX Companies from $145.00 to $152.00 and gave the stock an "outperform" rating in a report on Thursday, August 21st. Citigroup increased their price target on TJX Companies from $140.00 to $160.00 and gave the company a "buy" rating in a report on Thursday, August 21st. Bank of America boosted their price objective on TJX Companies from $145.00 to $150.00 and gave the stock a "buy" rating in a research note on Thursday, August 21st. Daiwa Capital Markets assumed coverage on TJX Companies in a report on Tuesday, July 8th. They set an "outperform" rating and a $133.00 target price on the stock. Finally, Erste Group Bank assumed coverage on TJX Companies in a report on Friday, September 5th. They issued a "buy" rating for the company. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat, the company has an average rating of "Buy" and a consensus price target of $147.58.

TJX Companies Stock Up 0.7%

TJX opened at $141.46 on Friday. The stock's 50 day moving average price is $134.36 and its 200 day moving average price is $128.11. 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 stock has a market cap of $157.43 billion, a P/E ratio of 32.22, a P/E/G ratio of 3.16 and a beta of 0.90. The TJX Companies, Inc. has a 12 month low of $111.22 and a 12 month high of $145.58.

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

TJX Companies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 4th. Stockholders of record on Thursday, November 13th will be given a dividend of $0.425 per share. The ex-dividend date 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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