Focus Partners Advisor Solutions LLC Boosts Holdings in The TJX Companies, Inc. $TJX

Key Points

• Focus Partners Advisor Solutions LLC increased its stake in TJX Companies, Inc. by 13.1%, now owning 22,062 shares valued at approximately $2.69 million.
• TJX reported a quarterly earnings per share (EPS) of $1.10, exceeding analyst expectations, with revenue increasing by 6.9% year-over-year to $14.40 billion.
• The company declared a quarterly dividend of $0.425 per share, reflecting a dividend yield of 1.2% and a payout ratio of 38.72%.

Focus Partners Advisor Solutions LLC raised its stake in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 13.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 22,062 shares of the apparel and home fashions retailer's stock after acquiring an additional 2,561 shares during the period. Focus Partners Advisor Solutions LLC's holdings in TJX Companies were worth $2,687,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. TCTC Holdings LLC raised its holdings in TJX Companies by 210.1% in the first quarter. TCTC Holdings LLC now owns 214 shares of the apparel and home fashions retailer's stock worth $26,000 after buying an additional 145 shares during the last quarter. Atlantic Edge Private Wealth Management LLC boosted its stake in TJX Companies by 58.8% during the 1st quarter. Atlantic Edge Private Wealth Management LLC now owns 297 shares of the apparel and home fashions retailer's stock valued at $36,000 after purchasing an additional 110 shares during the last quarter. Iron Horse Wealth Management LLC increased its holdings 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 in the last quarter. Inlight Wealth Management LLC purchased a new position in shares of TJX Companies in the first quarter worth $37,000. Finally, Activest Wealth Management lifted its holdings in shares of TJX Companies by 4,485.7% during the first quarter. Activest Wealth Management now owns 321 shares of the apparel and home fashions retailer's stock valued at $39,000 after purchasing an additional 314 shares in the last quarter. Institutional investors own 91.09% of the company's stock.

Wall Street Analysts Forecast Growth

TJX has been the subject of a number of recent analyst reports. Sanford C. Bernstein boosted their target price on TJX Companies from $145.00 to $152.00 and gave the stock an "outperform" rating in a research report on Thursday, August 21st. JPMorgan Chase & Co. raised their target price on shares of TJX Companies from $145.00 to $148.00 and gave the stock an "overweight" rating in a report on Thursday, August 21st. Barclays boosted their target price on shares of TJX Companies from $147.00 to $155.00 and gave the company an "overweight" rating in a research note on Thursday, August 21st. Daiwa Capital Markets assumed coverage on TJX Companies in a research note on Tuesday, July 8th. They issued an "outperform" rating and a $133.00 price target on the stock. Finally, Cowen reaffirmed a "buy" rating on shares of TJX Companies in a report on Tuesday, May 20th. One equities research 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 stock. According to data from MarketBeat.com, TJX Companies has a consensus rating of "Buy" and an average price target of $147.58.

TJX Companies Stock Performance

Shares of TJX stock traded down $1.72 during mid-day trading on Friday, reaching $139.30. 6,735,796 shares of the company's stock traded hands, compared to its average volume of 5,354,435. The TJX Companies, Inc. has a 12 month low of $111.22 and a 12 month high of $145.58. The firm has a 50 day moving average price of $129.57 and a two-hundred day moving average price of $126.26. The firm has a market capitalization of $155.03 billion, a PE ratio of 31.73, a price-to-earnings-growth 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.

TJX Companies (NYSE:TJX - Get Free Report) last released its earnings results 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 company had revenue of $14.40 billion for the quarter, compared to the consensus estimate of $14.12 billion. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.TJX Companies's quarterly revenue was up 6.9% compared to the same quarter last year. During the same period in the previous 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, research analysts forecast that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, September 4th. Shareholders of record on Thursday, August 14th were paid a dividend of $0.425 per share. The ex-dividend date was Thursday, August 14th. This represents a $1.70 dividend on an annualized basis and a yield of 1.2%. TJX Companies's dividend payout ratio (DPR) is presently 38.72%.

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.