Stony Point Capital LLC Has $18.22 Million Stock Position in The TJX Companies, Inc. $TJX

Key Points

• Stony Point Capital LLC increased its stake in The TJX Companies, Inc. by 85.4%, acquiring an additional 68,910 shares during the first quarter, bringing its total ownership to 149,623 shares.
• Several analysts have upgraded their price targets for TJX Companies, with Robert W. Baird raising it from $143.00 to $152.00 and UBS Group from $164.00 to $172.00, maintaining a general rating of "buy".
• The TJX Companies recently announced a quarterly dividend of $0.425 per share, which reflects an annual payout of $1.70 and a dividend yield of 1.2%.

Stony Point Capital LLC grew its stake in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) by 85.4% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 149,623 shares of the apparel and home fashions retailer's stock after buying an additional 68,910 shares during the period. TJX Companies makes up 1.9% of Stony Point Capital LLC's portfolio, making the stock its 22nd biggest position. Stony Point Capital LLC's holdings in TJX Companies were worth $18,224,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently modified their holdings of the company. Brighton Jones LLC grew its position in shares of TJX Companies by 113.7% in the 4th quarter. Brighton Jones LLC now owns 15,039 shares of the apparel and home fashions retailer's stock valued at $1,817,000 after purchasing an additional 8,002 shares during the period. Revolve Wealth Partners LLC boosted its holdings in shares of TJX Companies by 12.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 2,172 shares of the apparel and home fashions retailer's stock valued at $262,000 after buying an additional 235 shares during the period. Voleon Capital Management LP bought a new stake in shares of TJX Companies during the fourth quarter worth $1,827,000. Bison Wealth LLC raised its holdings in shares of TJX Companies by 32.9% during the fourth quarter. Bison Wealth LLC now owns 3,856 shares of the apparel and home fashions retailer's stock worth $466,000 after acquiring an additional 955 shares during the period. Finally, Rehmann Capital Advisory Group lifted its position in TJX Companies by 8.3% in the 4th quarter. Rehmann Capital Advisory Group now owns 9,700 shares of the apparel and home fashions retailer's stock valued at $1,172,000 after acquiring an additional 742 shares in the last quarter. 91.09% of the stock is owned by institutional investors.

TJX Companies Stock Performance

Shares of TJX traded down $0.49 during midday trading on Monday, reaching $136.63. The stock had a trading volume of 4,116,829 shares, compared to its average volume of 5,570,308. The firm has a market cap of $152.63 billion, a PE ratio of 31.12, a P/E/G ratio of 3.07 and a beta of 0.90. The firm has a 50 day simple moving average of $128.35 and a 200-day simple moving average of $125.89. The TJX Companies, Inc. has a one year low of $111.22 and a one 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.

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 EPS for the quarter, beating analysts' consensus estimates of $1.01 by $0.09. The business had revenue of $14.40 billion for the quarter, compared to analyst estimates of $14.12 billion. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. TJX Companies's quarterly revenue was up 6.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $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, sell-side analysts anticipate that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 4th. Stockholders of record on Thursday, August 14th will be issued a dividend of $0.425 per share. This represents a $1.70 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Thursday, August 14th. TJX Companies's dividend payout ratio is 38.72%.

Insider Activity

In other TJX Companies news, Director Amy B. Lane sold 950 shares of the company's stock in a transaction on Tuesday, June 3rd. The stock was sold at an average price of $128.09, for a total transaction of $121,685.50. Following the completion of the sale, the director directly owned 22,712 shares in the company, valued at $2,909,180.08. This represents a 4.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.13% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the company. Barclays increased their price objective on TJX Companies from $147.00 to $155.00 and gave the stock an "overweight" rating in a report on Thursday, August 21st. Sanford C. Bernstein raised their price target on shares of TJX Companies from $145.00 to $152.00 and gave the stock an "outperform" rating in a research note on Thursday, August 21st. Bank of America boosted their price objective on shares of TJX Companies from $145.00 to $150.00 and gave the stock a "buy" rating in a research report on Thursday, August 21st. Wells Fargo & Company raised their target price on shares of TJX Companies from $120.00 to $130.00 and gave the company an "equal weight" rating in a research report on Thursday, August 21st. Finally, JPMorgan Chase & Co. boosted their price target on shares of TJX Companies from $145.00 to $148.00 and gave the stock an "overweight" rating in a research report on Thursday, August 21st. One investment analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus target price of $147.58.

TJX Companies Company 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.