The TJX Companies, Inc. $TJX Shares Purchased by Boston Family Office LLC

Key Points

• Boston Family Office LLC increased its holdings in The TJX Companies by 9.4% in the first quarter, acquiring an additional 4,273 shares, bringing its total ownership to 49,831 shares valued at approximately $6.07 million.
• The TJX Companies reported earnings of $0.92 per share for the latest quarter, exceeding analyst expectations, with a revenue of $13.11 billion, up 5.1% year-over-year.
• The company announced a quarterly dividend of $0.425, translating to an annualized payout of $1.70 and a dividend yield of 1.3%, with a payout ratio of 40%.

Boston Family Office LLC increased its position in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) by 9.4% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 49,831 shares of the apparel and home fashions retailer's stock after purchasing an additional 4,273 shares during the period. Boston Family Office LLC's holdings in TJX Companies were worth $6,069,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of TJX. TCTC Holdings LLC grew its holdings 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 purchasing an additional 145 shares during the last quarter. Atlantic Edge Private Wealth Management LLC lifted its position in shares of TJX Companies by 58.8% in the 1st 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 lifted its position in shares of TJX Companies by 99.3% in the 1st quarter. Iron Horse Wealth Management LLC now owns 299 shares of the apparel and home fashions retailer's stock worth $36,000 after purchasing an additional 149 shares during the period. Inlight Wealth Management LLC purchased a new stake in shares of TJX Companies in the 1st quarter worth approximately $37,000. Finally, Rialto Wealth Management LLC lifted its position in shares of TJX Companies by 105.9% in the 1st quarter. Rialto Wealth Management LLC now owns 348 shares of the apparel and home fashions retailer's stock worth $42,000 after purchasing an additional 179 shares during the period. 91.09% of the stock is currently owned by institutional investors.

TJX Companies Trading Down 1.4%

Shares of TJX Companies stock traded down $1.8670 on Thursday, reaching $136.4030. The company had a trading volume of 3,499,328 shares, compared to its average volume of 5,342,231. The firm's 50 day moving average price is $126.48 and its two-hundred day moving average price is $125.31. The firm has a market cap of $152.38 billion, a PE ratio of 32.12, a PEG ratio of 3.14 and a beta of 0.89. The TJX Companies, Inc. has a 52-week low of $111.22 and a 52-week high of $145.58. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.51 and a current ratio of 1.16.

TJX Companies (NYSE:TJX - Get Free Report) last released its quarterly earnings results 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 business had revenue of $14.40 billion for the quarter, compared to the consensus estimate of $14.12 billion. TJX Companies had a net margin of 8.47% and a return on equity of 58.81%. The business's revenue was up 6.9% on a year-over-year basis. During the same period 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. Sell-side analysts predict that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Dividend Announcement

The firm also recently declared 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. The ex-dividend date is Thursday, August 14th. This represents a $1.70 annualized dividend and a yield of 1.2%. TJX Companies's dividend payout ratio is 40.00%.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on TJX. Telsey Advisory Group restated an "outperform" rating and set a $155.00 price target (up previously from $150.00) on shares of TJX Companies in a research note on Wednesday. Macquarie reiterated a "buy" rating on shares of TJX Companies in a research note on Monday, August 11th. TD Securities raised their price target on shares of TJX Companies from $140.00 to $142.00 and gave the company a "buy" rating in a research report on Tuesday, May 20th. Evercore ISI lifted their target price on shares of TJX Companies from $150.00 to $162.00 and gave the company an "outperform" rating in a research report on Thursday. Finally, Citigroup lifted their target price on shares of TJX Companies from $140.00 to $160.00 and gave the company a "buy" rating in a research report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, TJX Companies currently has an average rating of "Buy" and an average target price of $147.05.

Insider Buying and Selling

In related news, Director Amy B. Lane sold 950 shares of the company'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 completion of the sale, the director owned 22,712 shares in the company, valued at $2,909,180.08. This represents a 4.01% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.13% of the stock is currently owned by company insiders.

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.