The TJX Companies, Inc. $TJX Shares Sold by CX Institutional

Key Points

• CX Institutional reduced its stake in TJX Companies by 67.2% during the second quarter, now holding 19,200 shares valued at approximately $2.37 million.
• Several hedge funds increased their positions in TJX, with Vanguard raising its holdings by 1.1%, owning over 100 million shares now worth around $12.23 billion.
• TJX Companies announced a quarterly dividend of $0.425, set to be paid on December 4th, reflecting a 1.2% dividend yield and a payout ratio of 38.72%.

CX Institutional lowered its holdings in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 67.2% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 19,200 shares of the apparel and home fashions retailer's stock after selling 39,317 shares during the quarter. CX Institutional's holdings in TJX Companies were worth $2,371,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Clear Creek Financial Management LLC grew its position in TJX Companies by 1.8% during the first quarter. Clear Creek Financial Management LLC now owns 4,811 shares of the apparel and home fashions retailer's stock valued at $586,000 after acquiring an additional 83 shares during the period. Knuff & Co LLC increased its position in TJX Companies by 8.5% during the first quarter. Knuff & Co LLC now owns 1,056 shares of the apparel and home fashions retailer's stock worth $129,000 after buying an additional 83 shares during the last quarter. McLean Asset Management Corp lifted its stake in shares of TJX Companies by 3.2% in the second quarter. McLean Asset Management Corp now owns 2,746 shares of the apparel and home fashions retailer's stock valued at $344,000 after buying an additional 84 shares during the period. Salem Investment Counselors Inc. increased its holdings in shares of TJX Companies by 2.2% during the first quarter. Salem Investment Counselors Inc. now owns 3,986 shares of the apparel and home fashions retailer's stock worth $485,000 after buying an additional 86 shares in the last quarter. Finally, NBC Securities Inc. increased its holdings in shares of TJX Companies by 0.6% in the second quarter. NBC Securities Inc. now owns 14,274 shares of the apparel and home fashions retailer's stock valued at $1,762,000 after purchasing an additional 86 shares in the last quarter. 91.09% of the stock is owned by institutional investors and hedge funds.

TJX Companies Stock Performance

NYSE:TJX traded down $0.32 during mid-day trading on Friday, hitting $139.61. The stock had a trading volume of 7,503,417 shares, compared to its average volume of 4,656,251. The company's 50 day simple moving average is $132.91 and its 200 day simple moving average is $127.63. The stock 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. The TJX Companies, Inc. has a twelve month low of $111.22 and a twelve month high of $145.58.

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 for the quarter, beating the consensus estimate of $1.01 by $0.09. The firm had revenue of $14.40 billion for the quarter, compared to analyst estimates of $14.12 billion. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. The business's quarterly revenue was up 6.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.96 earnings per share. 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, equities research analysts forecast that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on TJX shares. Wall Street Zen upgraded shares of TJX Companies from a "hold" rating to a "buy" rating in a research note on Saturday, August 23rd. UBS Group increased their price target on shares of TJX Companies from $164.00 to $172.00 and gave the stock a "buy" rating in a report on Thursday, August 21st. Barclays increased their price target on shares of TJX Companies from $147.00 to $155.00 and gave the stock an "overweight" rating in a research note on Thursday, August 21st. Daiwa America raised shares of TJX Companies to a "strong-buy" rating in a report on Tuesday, July 8th. Finally, Wells Fargo & Company boosted 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. One research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and one has assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company 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.