The TJX Companies, Inc. $TJX Stake Boosted by Northwest & Ethical Investments L.P.

Key Points

• Northwest & Ethical Investments L.P. increased its position in The TJX Companies by 4.0% in the first quarter, holding 86,986 shares valued at approximately $10.6 million.
• TJX Companies reported earnings of $0.92 per share for the last quarter, surpassing estimates, with revenue of $13.11 billion reflecting a year-over-year increase of 5.1%.
• The company will pay a quarterly dividend of $0.425 per share on September 4th, representing an annualized dividend yield of 1.3% and a payout ratio of 40%.

Northwest & Ethical Investments L.P. boosted its position in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 4.0% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 86,986 shares of the apparel and home fashions retailer's stock after acquiring an additional 3,313 shares during the quarter. Northwest & Ethical Investments L.P.'s holdings in TJX Companies were worth $10,593,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. TCTC Holdings LLC lifted its stake in shares of TJX Companies by 210.1% during the first quarter. TCTC Holdings LLC now owns 214 shares of the apparel and home fashions retailer's stock worth $26,000 after purchasing an additional 145 shares in the last quarter. Atlantic Edge Private Wealth Management LLC lifted its stake in shares of TJX Companies by 58.8% during 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 in the last quarter. Iron Horse Wealth Management LLC lifted 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 worth $36,000 after purchasing an additional 149 shares in the last quarter. Inlight Wealth Management LLC acquired a new position in shares of TJX Companies during the first quarter worth about $37,000. Finally, Rialto Wealth Management LLC lifted its stake in shares of TJX Companies by 105.9% during the first 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 in the last quarter. Institutional investors and hedge funds own 91.09% of the company's stock.

TJX Companies Stock Up 1.0%

Shares of NYSE TJX traded up $1.37 during midday trading on Tuesday, reaching $134.43. 6,721,612 shares of the company's stock were exchanged, compared to its average volume of 4,822,886. The TJX Companies, Inc. has a 52-week low of $111.22 and a 52-week high of $135.85. The stock has a market capitalization of $150.17 billion, a PE ratio of 31.63, a price-to-earnings-growth ratio of 3.10 and a beta of 0.89. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.51 and a current ratio of 1.16. The business's fifty day moving average price is $126.21 and its two-hundred day moving average price is $125.23.

TJX Companies (NYSE:TJX - Get Free Report) last announced its quarterly earnings data on Wednesday, May 21st. The apparel and home fashions retailer reported $0.92 earnings per share for the quarter, beating the consensus estimate of $0.90 by $0.02. The firm had revenue of $13.11 billion during the quarter, compared to analyst estimates of $13.01 billion. TJX Companies had a return on equity of 58.81% and a net margin of 8.47%.TJX Companies's quarterly revenue was up 5.1% on a year-over-year basis. During the same period in the previous year, the company earned $0.93 earnings per share. TJX Companies has set its FY 2026 guidance at 4.340-4.430 EPS. Q2 2026 guidance at 0.970-1.000 EPS. Analysts forecast that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 4th. Investors of record on Thursday, August 14th will be issued a $0.425 dividend. This represents a $1.70 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend is Thursday, August 14th. TJX Companies's payout ratio is currently 40.00%.

Analysts Set New Price Targets

A number of research analysts have commented on the company. Robert W. Baird boosted their price objective on TJX Companies from $140.00 to $143.00 and gave the stock an "outperform" rating in a research note on Thursday, May 22nd. Barclays restated an "overweight" rating and set a $147.00 price objective (up previously from $137.00) on shares of TJX Companies in a research note on Thursday, May 22nd. BMO Capital Markets reaffirmed an "outperform" rating on shares of TJX Companies in a research report on Wednesday, May 21st. Citigroup raised TJX Companies from a "neutral" rating to a "buy" rating in a research report on Wednesday, May 21st. Finally, TD Securities lifted their target price on TJX Companies from $140.00 to $142.00 and gave the stock a "buy" rating in a research report on Tuesday, May 20th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat.com, TJX Companies currently has a consensus rating of "Buy" and a consensus price target of $141.33.

Insiders Place Their Bets

In related news, Director Amy B. Lane sold 950 shares of the business's stock in a transaction dated Tuesday, June 3rd. The stock was sold at an average price of $128.09, for a total value of $121,685.50. Following the completion of the sale, the director directly owned 22,712 shares of the company's stock, valued at $2,909,180.08. The trade was a 4.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.13% of the stock is currently owned by corporate insiders.

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.