The TJX Companies, Inc. $TJX Shares Sold by Belpointe Asset Management LLC

Key Points

• Belpointe Asset Management LLC reduced its stake in The TJX Companies by 34.1% in the second quarter, now holding 6,119 shares worth $756,000.
• Analysts have issued a consensus price target of $147.63 for TJX stock, with 22 analysts rating it as a "Buy" and one as a "Hold."
• TJX recently reported a quarterly EPS of $1.10, exceeding estimates, and declared a quarterly dividend of $0.425 per share, indicating a dividend yield of 1.2%.

Belpointe Asset Management LLC cut its position in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) by 34.1% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 6,119 shares of the apparel and home fashions retailer's stock after selling 3,161 shares during the quarter. Belpointe Asset Management LLC's holdings in TJX Companies were worth $756,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Brighton Jones LLC grew its stake in shares of TJX Companies by 113.7% in the fourth quarter. Brighton Jones LLC now owns 15,039 shares of the apparel and home fashions retailer's stock valued at $1,817,000 after buying an additional 8,002 shares in the last quarter. Revolve Wealth Partners LLC grew its stake in shares of TJX Companies by 12.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 2,172 shares of the apparel and home fashions retailer's stock valued at $262,000 after buying an additional 235 shares in the last quarter. Bison Wealth LLC grew its stake in shares of TJX Companies by 32.9% in the fourth quarter. Bison Wealth LLC now owns 3,856 shares of the apparel and home fashions retailer's stock valued at $466,000 after buying an additional 955 shares in the last quarter. Capital Investment Advisors LLC grew its stake in shares of TJX Companies by 4.8% in the first quarter. Capital Investment Advisors LLC now owns 5,085 shares of the apparel and home fashions retailer's stock valued at $619,000 after buying an additional 232 shares in the last quarter. Finally, Portside Wealth Group LLC grew its stake in shares of TJX Companies by 4.9% in the first quarter. Portside Wealth Group LLC now owns 2,552 shares of the apparel and home fashions retailer's stock valued at $311,000 after buying an additional 120 shares in the last quarter. 91.09% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the company. Telsey Advisory Group reiterated an "outperform" rating and issued a $155.00 target price (up previously from $150.00) on shares of TJX Companies in a research note on Wednesday, August 20th. Citigroup increased their price target on TJX Companies from $140.00 to $160.00 and gave the company a "buy" rating in a report on Thursday, August 21st. Macquarie reissued a "buy" rating on shares of TJX Companies in a report on Monday, August 11th. Sanford C. Bernstein increased their price target on TJX Companies from $145.00 to $152.00 and gave the company an "outperform" rating in a report on Thursday, August 21st. Finally, Erste Group Bank assumed coverage on TJX Companies in a report on Friday, September 5th. They issued a "buy" rating for the company. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus price target of $147.63.

TJX Companies Trading Down 1.4%

NYSE:TJX opened at $140.68 on Thursday. 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 business's 50 day moving average is $137.50 and its two-hundred day moving average is $129.83. The TJX Companies, Inc. has a 52 week low of $111.73 and a 52 week high of $145.58. The company has a market cap of $156.57 billion, a PE ratio of 32.05, a P/E/G ratio of 3.17 and a beta of 0.92.

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 EPS for the quarter, topping analysts' consensus estimates 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 quarter last year, the business posted $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. On average, analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 4th. Investors of record on Thursday, November 13th will be issued a $0.425 dividend. The ex-dividend date of this dividend is Thursday, November 13th. This represents a $1.70 annualized dividend and a dividend yield of 1.2%. TJX Companies's dividend payout ratio (DPR) is 38.72%.

TJX Companies 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.

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