TCV Trust & Wealth Management Inc. Lowers 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. reduced its stake in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 1.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 137,853 shares of the apparel and home fashions retailer's stock after selling 1,913 shares during the period. TJX Companies comprises 1.5% of TCV Trust & Wealth Management Inc.'s investment portfolio, making the stock its 17th largest position. TCV Trust & Wealth Management Inc.'s holdings in TJX Companies were worth $17,023,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also bought and sold shares of the company. Brighton Jones LLC increased its stake in shares of TJX Companies by 113.7% during the fourth quarter. Brighton Jones LLC now owns 15,039 shares of the apparel and home fashions retailer's stock valued at $1,817,000 after buying an additional 8,002 shares during the period. Revolve Wealth Partners LLC increased its stake in shares of TJX Companies by 12.1% during 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. Bison Wealth LLC increased its stake 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 valued at $466,000 after buying an additional 955 shares during the period. Woodline Partners LP purchased a new position in shares of TJX Companies during the fourth quarter valued at approximately $8,183,000. Finally, Waverly Advisors LLC increased its stake in shares of TJX Companies by 187.7% during 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 buying an additional 15,937 shares during the period. 91.09% of the stock is owned by hedge funds and other institutional investors.

TJX Companies Trading Down 0.2%

Shares of TJX stock traded down $0.34 on Monday, reaching $139.44. 3,599,225 shares of the company's stock were exchanged, compared to its average volume of 5,308,914. The company has a current ratio of 1.17, a quick ratio of 0.52 and a debt-to-equity ratio of 0.32. The company's fifty day simple moving average is $132.91 and its 200 day simple moving average is $127.63. The stock has a market capitalization of $155.19 billion, a PE ratio of 31.76, a P/E/G ratio of 3.14 and a beta of 0.90. The TJX Companies, Inc. has a 52 week low of $111.22 and a 52 week high of $145.58.

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, beating 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 period in the previous year, the company 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, analysts forecast that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 4th. Stockholders of record on Thursday, November 13th will be paid a $0.425 dividend. The ex-dividend date is Thursday, November 13th. This represents a $1.70 dividend on an annualized basis and a dividend yield of 1.2%. TJX Companies's dividend payout ratio is presently 38.72%.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on TJX. Erste Group Bank began coverage on TJX Companies in a research note on Friday, September 5th. They set a "buy" rating on the stock. Morgan Stanley upped their price target on TJX Companies from $140.00 to $150.00 and gave the stock an "overweight" rating in a research note on Thursday, August 21st. Daiwa America raised TJX Companies to a "strong-buy" rating in a research note on Tuesday, July 8th. Citigroup upped their price target on TJX Companies from $140.00 to $160.00 and gave the stock a "buy" rating in a research note on Thursday, August 21st. Finally, Macquarie reaffirmed a "buy" rating on shares of TJX Companies in a research note on Monday, August 11th. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of "Buy" and a consensus target price of $147.58.

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.