Steward Partners Investment Advisory LLC Has $21.74 Million Position in The TJX Companies, Inc. $TJX

Key Points

• Steward Partners Investment Advisory LLC increased its stake in The TJX Companies by 6.6%, owning 178,482 shares worth approximately $21.74 million after acquiring 10,980 additional shares during the first quarter.
• Various institutional investors, including Brighton Jones LLC and Capital International Sarl, have also significantly increased their holdings in TJX, with 91.09% of the stock now owned by hedge funds and other institutions.
• Citigroup upgraded TJX Companies from a "neutral" rating to a "buy" rating, reflecting positive sentiment as multiple analysts project strong performance with a consensus rating of "Buy" and an average price target of $141.33.

Steward Partners Investment Advisory LLC lifted its stake in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 6.6% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 178,482 shares of the apparel and home fashions retailer's stock after purchasing an additional 10,980 shares during the quarter. Steward Partners Investment Advisory LLC's holdings in TJX Companies were worth $21,739,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also made changes to their positions in the stock. Brighton Jones LLC increased its stake in shares of TJX Companies by 113.7% in the fourth quarter. Brighton Jones LLC now owns 15,039 shares of the apparel and home fashions retailer's stock worth $1,817,000 after acquiring an additional 8,002 shares during the last quarter. Revolve Wealth Partners LLC raised its stake in shares of TJX Companies by 12.1% during the 4th quarter. Revolve Wealth Partners LLC now owns 2,172 shares of the apparel and home fashions retailer's stock worth $262,000 after purchasing an additional 235 shares in the last quarter. Capital International Sarl lifted its holdings in shares of TJX Companies by 30.0% during the 4th quarter. Capital International Sarl now owns 6,744 shares of the apparel and home fashions retailer's stock valued at $815,000 after buying an additional 1,555 shares during the last quarter. Cadence Bank increased its holdings in TJX Companies by 28.4% in the fourth quarter. Cadence Bank now owns 9,134 shares of the apparel and home fashions retailer's stock worth $1,103,000 after buying an additional 2,019 shares during the last quarter. Finally, Freedom Investment Management Inc. raised its position in TJX Companies by 5.0% during the fourth quarter. Freedom Investment Management Inc. now owns 5,208 shares of the apparel and home fashions retailer's stock valued at $629,000 after acquiring an additional 250 shares in the last quarter. 91.09% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other TJX Companies news, Director Amy B. Lane sold 950 shares of the business's stock in a transaction on Tuesday, June 3rd. The shares were sold at an average price of $128.09, for a total value of $121,685.50. Following the sale, the director owned 22,712 shares of the company's stock, valued at $2,909,180.08. The trade was a 4.01% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 0.13% of the stock is owned by corporate insiders.

TJX Companies Stock Performance

NYSE:TJX traded up $1.37 during trading hours on Tuesday, hitting $134.43. 6,721,612 shares of the company traded hands, compared to its average volume of 4,822,886. The company has a current ratio of 1.16, a quick ratio of 0.51 and a debt-to-equity ratio of 0.34. The stock has a market capitalization of $150.17 billion, a price-to-earnings ratio of 31.63, a P/E/G ratio of 3.10 and a beta of 0.89. The firm has a 50-day moving average of $126.21 and a 200 day moving average of $125.23. The TJX Companies, Inc. has a twelve month low of $111.22 and a twelve month high of $135.85.

TJX Companies (NYSE:TJX - Get Free Report) last announced its quarterly earnings data on Wednesday, May 21st. The apparel and home fashions retailer reported $0.92 EPS for the quarter, beating analysts' consensus estimates of $0.90 by $0.02. TJX Companies had a net margin of 8.47% and a return on equity of 58.81%. The business had revenue of $13.11 billion during the quarter, compared to analyst estimates of $13.01 billion. During the same quarter in the prior year, the business earned $0.93 earnings per share. The firm's revenue for the quarter was up 5.1% on a year-over-year basis. TJX Companies has set its FY 2026 guidance at 4.340-4.430 EPS. Q2 2026 guidance at 0.970-1.000 EPS. On average, analysts forecast 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, September 4th. Investors of record on Thursday, August 14th will be given a $0.425 dividend. This represents a $1.70 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend is Thursday, August 14th. TJX Companies's dividend payout ratio (DPR) is 40.00%.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the stock. UBS Group restated a "buy" rating and set a $164.00 price target (up previously from $154.00) on shares of TJX Companies in a research note on Thursday, May 22nd. Wall Street Zen raised shares of TJX Companies from a "hold" rating to a "buy" rating in a research report on Monday, May 12th. Citigroup raised TJX Companies from a "neutral" rating to a "buy" rating in a research report on Wednesday, May 21st. Macquarie reissued a "buy" rating on shares of TJX Companies in a research note on Monday, August 11th. Finally, Barclays restated an "overweight" rating and issued a $147.00 target price (up from $137.00) on shares of TJX Companies in a report on Thursday, May 22nd. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of "Buy" and a consensus price target of $141.33.

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.