The TJX Companies, Inc. $TJX Shares Sold by Prime Capital Investment Advisors LLC

Key Points

• Prime Capital Investment Advisors LLC reduced its stake in TJX Companies by 21% during the second quarter, holding 57,772 shares valued at approximately $7.13 million.
• TJX Companies reported earnings per share of $1.10 for the last quarter, exceeding analyst expectations of $1.01, with revenues reaching $14.40 billion.
• The company has announced a quarterly dividend of $0.425 per share, payable on December 4th, representing a 1.2% dividend yield.

Prime Capital Investment Advisors LLC cut its holdings in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) by 21.0% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 57,772 shares of the apparel and home fashions retailer's stock after selling 15,347 shares during the quarter. Prime Capital Investment Advisors LLC's holdings in TJX Companies were worth $7,134,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. TCTC Holdings LLC raised its stake in shares of 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 valued at $26,000 after acquiring an additional 145 shares in the last quarter. Atlantic Edge Private Wealth Management LLC increased its holdings 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 worth $36,000 after purchasing an additional 110 shares during the period. Iron Horse Wealth Management LLC raised its position in 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 valued at $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 1st quarter valued at about $37,000. Finally, Activest Wealth Management grew its position 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 worth $39,000 after buying an additional 314 shares in the last quarter. Institutional investors and hedge funds own 91.09% of the company's stock.

TJX Companies Price Performance

TJX stock opened at $143.32 on Tuesday. The company has a current ratio of 1.17, a quick ratio of 0.52 and a debt-to-equity ratio of 0.32. The company has a market capitalization of $159.51 billion, a P/E ratio of 32.65, a PEG ratio of 3.18 and a beta of 0.92. The business has a 50 day simple moving average of $136.87 and a 200-day simple moving average of $129.66. 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 issued its quarterly earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share for the quarter, topping analysts' consensus estimates of $1.01 by $0.09. The firm had revenue of $14.40 billion during the quarter, compared to analysts' expectations of $14.12 billion. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. TJX Companies'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 EPS. 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 year.

TJX Companies Dividend Announcement

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

Analyst Ratings Changes

A number of brokerages recently issued reports on TJX. Erste Group Bank initiated coverage on shares of TJX Companies in a research note on Friday, September 5th. They issued a "buy" rating for the company. Citigroup lifted their price objective on shares of TJX Companies from $140.00 to $160.00 and gave the stock a "buy" rating in a research report on Thursday, August 21st. JPMorgan Chase & Co. increased their target price on TJX Companies from $148.00 to $149.00 and gave the company an "overweight" rating in a report on Monday. Wells Fargo & Company raised their price target on TJX Companies from $120.00 to $130.00 and gave the company an "equal weight" rating in a research note on Thursday, August 21st. Finally, Wall Street Zen raised TJX Companies from a "hold" rating to a "buy" rating in a research report on Saturday, August 23rd. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus price target of $147.63.

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.

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