TCV Trust & Wealth Management Inc. Cuts Stock Holdings in The TJX Companies, Inc. $TJX

Key Points

• TCV Trust & Wealth Management Inc. reduced its stake in The TJX Companies, Inc. by 1.4%, holding 137,853 shares worth approximately $17 million at the end of the last quarter.
• Other hedge funds have recently increased their positions in TJX Companies, with Activest Wealth Management raising its stake by a staggering 4,485.7% during the same period.
• The company reported $1.10 EPS for the latest quarter, exceeding estimates, and set its FY 2026 guidance at 4.520-4.570 EPS, indicating positive growth prospects.

TCV Trust & Wealth Management Inc. lowered its stake in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 1.4% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 137,853 shares of the apparel and home fashions retailer's stock after selling 1,913 shares during the quarter. TJX Companies accounts for about 1.5% of TCV Trust & Wealth Management Inc.'s portfolio, making the stock its 17th biggest holding. TCV Trust & Wealth Management Inc.'s holdings in TJX Companies were worth $17,023,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Brighton Jones LLC raised its stake 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 worth $1,817,000 after buying an additional 8,002 shares in the last quarter. Revolve Wealth Partners LLC boosted its position in shares of TJX Companies by 12.1% in 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 during the last quarter. Bison Wealth LLC raised its stake in shares of TJX Companies by 32.9% in the 4th quarter. Bison Wealth LLC now owns 3,856 shares of the apparel and home fashions retailer's stock valued at $466,000 after purchasing an additional 955 shares during the period. Woodline Partners LP bought a new stake in shares of TJX Companies during the fourth quarter worth approximately $8,183,000. Finally, Waverly Advisors LLC increased its holdings in TJX Companies by 187.7% in the fourth quarter. Waverly Advisors LLC now owns 24,428 shares of the apparel and home fashions retailer's stock valued at $2,951,000 after purchasing an additional 15,937 shares during the period. 91.09% of the stock is owned by institutional investors and hedge funds.

TJX Companies Price Performance

Shares of NYSE TJX traded down $0.32 during mid-day trading on Friday, reaching $139.61. The company had a trading volume of 7,503,417 shares, compared to its average volume of 4,569,886. The business's 50-day simple moving average is $132.91 and its 200 day simple moving average is $127.58. The TJX Companies, Inc. has a one year low of $111.22 and a one year high of $145.58. The firm has a market cap of $155.38 billion, a price-to-earnings ratio of 31.80, a PEG ratio of 3.14 and a beta of 0.90. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.52 and a current ratio of 1.17.

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

TJX Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 4th. Shareholders 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 dividend on an annualized basis and a yield of 1.2%. TJX Companies's dividend payout ratio is 38.72%.

Analyst Ratings Changes

Several research analysts have recently commented on the company. JPMorgan Chase & Co. lifted their price objective on TJX Companies from $145.00 to $148.00 and gave the stock an "overweight" rating in a report on Thursday, August 21st. Citigroup increased their price objective on shares of TJX Companies from $140.00 to $160.00 and gave the stock a "buy" rating in a research report on Thursday, August 21st. Robert W. Baird raised their price target on shares of TJX Companies from $143.00 to $152.00 and gave the stock an "outperform" rating in a report on Thursday, August 21st. Wells Fargo & Company increased their price objective 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, Wall Street Zen raised shares of TJX Companies from a "hold" rating to a "buy" rating in a research report on Saturday, August 23rd. One equities 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 company's stock. According to MarketBeat, TJX Companies presently 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.