Swan Global Investments LLC Purchases New Shares in The TJX Companies, Inc. $TJX

Key Points

• Swan Global Investments LLC has purchased a new position in The TJX Companies, Inc., acquiring 1,779 shares valued at approximately $220,000 in the second quarter of the year.
• Analysts have set a consensus price target of $148.50 for TJX Companies, with a strong bullish sentiment reflected in ratings from various firms.
• TJX Companies recently announced a quarterly dividend of $0.425 that will be paid on December 4th, with an annualized yield of 1.2% and a payout ratio of 38.72%.

Swan Global Investments LLC acquired a new position in The TJX Companies, Inc. (NYSE:TJX - Free Report) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 1,779 shares of the apparel and home fashions retailer's stock, valued at approximately $220,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. TCTC Holdings LLC lifted its position 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 valued at $26,000 after acquiring an additional 145 shares during the period. Atlantic Edge Private Wealth Management LLC grew its holdings in TJX Companies by 58.8% in the first quarter. Atlantic Edge Private Wealth Management LLC now owns 297 shares of the apparel and home fashions retailer's stock worth $36,000 after purchasing an additional 110 shares during the period. Iron Horse Wealth Management LLC increased its stake in shares of TJX Companies by 99.3% during the first 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 purchased a new position in shares of TJX Companies during the first quarter valued at approximately $37,000. Finally, Activest Wealth Management boosted 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 purchasing an additional 314 shares in the last quarter. Hedge funds and other institutional investors own 91.09% of the company's stock.

Analysts Set New Price Targets

A number of research firms recently weighed in on TJX. Macquarie reaffirmed a "buy" rating on shares of TJX Companies in a research report on Monday, August 11th. Erste Group Bank assumed coverage on TJX Companies in a report on Friday, September 5th. They set a "buy" rating for the company. Morgan Stanley lifted their price target on TJX Companies from $140.00 to $150.00 and gave the stock an "overweight" rating in a research report on Thursday, August 21st. Robert W. Baird increased their price objective on shares of TJX Companies from $143.00 to $152.00 and gave the company an "outperform" rating in a research report on Thursday, August 21st. Finally, Daiwa America upgraded shares of TJX Companies to a "strong-buy" rating in a research note on Tuesday, July 8th. One analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of "Buy" and a consensus price target of $148.50.

TJX Companies Trading Up 1.0%

TJX Companies stock opened at $143.95 on Monday. The TJX Companies, Inc. has a one year low of $111.73 and a one year high of $146.46. The business's fifty day moving average is $139.33 and its 200 day moving average is $130.96. The stock has a market capitalization of $160.21 billion, a PE ratio of 32.79, a price-to-earnings-growth ratio of 3.19 and a beta of 0.92. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.17 and a quick ratio of 0.52.

TJX Companies (NYSE:TJX - Get Free Report) last issued its earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share for the quarter, topping analysts' consensus estimates of $1.01 by $0.09. The business 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%.TJX Companies's revenue was up 6.9% on a year-over-year basis. During the same quarter in the previous year, the firm 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. On average, sell-side analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current 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 $0.425 dividend. The ex-dividend date is Thursday, November 13th. This represents a $1.70 annualized dividend and a yield of 1.2%. TJX Companies's dividend payout ratio (DPR) is currently 38.72%.

About TJX Companies

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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