The TJX Companies, Inc. $TJX is Alapocas Investment Partners Inc.'s 7th Largest Position

Key Points

• Alapocas Investment Partners Inc. reduced its stake in TJX Companies by 6.9% in Q2, now holding 80,548 shares worth approximately $9.9 million, making it the firm's 7th largest investment.
• Analysts have issued primarily positive ratings for TJX Companies, with a consensus target price of $148.50 and twenty-three analysts rating it as a Buy.
• The company reported Q2 earnings per share (EPS) of $1.10, exceeding expectations, alongside a revenue increase of 6.9% year-over-year to $14.4 billion.

Alapocas Investment Partners Inc. reduced its stake in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) by 6.9% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 80,548 shares of the apparel and home fashions retailer's stock after selling 6,005 shares during the quarter. TJX Companies makes up approximately 6.4% of Alapocas Investment Partners Inc.'s investment portfolio, making the stock its 7th largest position. Alapocas Investment Partners Inc.'s holdings in TJX Companies were worth $9,947,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. Klingman & Associates LLC boosted its stake in shares of TJX Companies by 11.0% during the second quarter. Klingman & Associates LLC now owns 14,807 shares of the apparel and home fashions retailer's stock valued at $1,829,000 after purchasing an additional 1,471 shares during the period. Pittenger & Anderson Inc. raised its holdings in shares of TJX Companies by 4.5% in the second quarter. Pittenger & Anderson Inc. now owns 226,542 shares of the apparel and home fashions retailer's stock valued at $27,976,000 after acquiring an additional 9,655 shares in the last quarter. DekaBank Deutsche Girozentrale raised its holdings in shares of TJX Companies by 5.7% in the second quarter. DekaBank Deutsche Girozentrale now owns 2,011,893 shares of the apparel and home fashions retailer's stock valued at $247,749,000 after acquiring an additional 108,435 shares in the last quarter. Journey Advisory Group LLC raised its holdings in shares of TJX Companies by 3.0% in the second quarter. Journey Advisory Group LLC now owns 48,038 shares of the apparel and home fashions retailer's stock valued at $5,932,000 after acquiring an additional 1,420 shares in the last quarter. Finally, Drive Wealth Management LLC raised its holdings in shares of TJX Companies by 3.3% in the second quarter. Drive Wealth Management LLC now owns 3,750 shares of the apparel and home fashions retailer's stock valued at $463,000 after acquiring an additional 121 shares in the last quarter. 91.09% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. Erste Group Bank assumed coverage on TJX Companies in a report on Friday, September 5th. They issued a "buy" rating for the company. JPMorgan Chase & Co. lifted their price objective on TJX Companies from $148.00 to $149.00 and gave the company an "overweight" rating in a report on Monday, October 6th. Wells Fargo & Company lifted their price objective on TJX Companies from $120.00 to $130.00 and gave the company an "equal weight" rating in a report on Thursday, August 21st. Evercore ISI lifted their price objective on TJX Companies from $150.00 to $162.00 and gave the company an "outperform" rating in a report on Thursday, August 21st. Finally, Sanford C. Bernstein lifted their price objective on TJX Companies from $145.00 to $152.00 and gave the company an "outperform" rating in a report on Thursday, August 21st. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus target price of $148.50.

TJX Companies Stock Performance

TJX opened at $143.32 on Tuesday. The TJX Companies, Inc. has a 52-week low of $111.73 and a 52-week high of $146.46. The company has a quick ratio of 0.52, a current ratio of 1.17 and a debt-to-equity ratio of 0.32. The company has a market cap of $159.50 billion, a P/E ratio of 32.65, a price-to-earnings-growth ratio of 3.19 and a beta of 0.92. The firm's 50-day moving average price is $139.55 and its 200-day moving average price is $131.11.

TJX Companies (NYSE:TJX - Get Free Report) last posted 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 the consensus estimate of $1.01 by $0.09. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. The firm had revenue of $14.40 billion for the quarter, compared to the consensus estimate of $14.12 billion. During the same quarter in the prior year, the company posted $0.96 earnings per share. The company's revenue for the quarter was up 6.9% compared to the same quarter last year. 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, equities analysts anticipate that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 4th. Investors of record on Thursday, November 13th will be given a $0.425 dividend. 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 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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