The TJX Companies, Inc. $TJX Shares Sold by Twin Tree Management LP

Key Points

• Twin Tree Management LP reduced its holdings in The TJX Companies by 67.4% during the first quarter, selling 127,645 shares and holding 61,856 shares worth approximately $7.53 million.
• Other large investors have recently shifted their stakes, with Nuveen LLC acquiring a new stake valued at $1.33 billion while GAMMA Investing LLC increased its position by over 14,486%, owning almost 2.9 million shares.
• TJX Companies reported $1.10 earnings per share (EPS), surpassing analysts' expectations, and declared a $0.425 quarterly dividend, representing an annualized yield of 1.2%.

Twin Tree Management LP decreased its stake in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) by 67.4% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 61,856 shares of the apparel and home fashions retailer's stock after selling 127,645 shares during the quarter. Twin Tree Management LP's holdings in TJX Companies were worth $7,534,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of TJX. 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 during the period. Atlantic Edge Private Wealth Management LLC grew 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 acquiring an additional 110 shares in the last quarter. Iron Horse Wealth Management LLC grew its holdings in TJX Companies by 99.3% during 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 acquiring an additional 149 shares in the last quarter. Inlight Wealth Management LLC bought a new position in TJX Companies during the 1st quarter worth about $37,000. Finally, Activest Wealth Management grew its holdings in TJX Companies by 4,485.7% during the 1st quarter. Activest Wealth Management now owns 321 shares of the apparel and home fashions retailer's stock worth $39,000 after acquiring an additional 314 shares in the last quarter. Hedge funds and other institutional investors own 91.09% of the company's stock.

TJX Companies Price Performance

Shares of NYSE:TJX traded up $1.52 during midday trading on Thursday, reaching $140.99. 2,924,250 shares of the company's stock traded hands, compared to its average volume of 5,336,356. The company has a market cap of $157.50 billion, a P/E ratio of 32.12, a PEG ratio of 3.07 and a beta of 0.90. The company has a fifty day simple moving average of $129.19 and a two-hundred day simple moving average of $126.15. The TJX Companies, Inc. has a 1 year low of $111.22 and a 1 year high of $145.58. 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, topping analysts' consensus estimates of $1.01 by $0.09. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. The business had revenue of $14.40 billion for the quarter, compared to analyst estimates of $14.12 billion. During the same period last year, the company posted $0.96 EPS. The business's revenue was up 6.9% on a year-over-year basis. TJX Companies has set its FY 2026 guidance at 4.520-4.570 EPS. Q3 2026 guidance at 1.170-1.190 EPS. Equities analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 4th. Stockholders of record on Thursday, August 14th will be given a dividend of $0.425 per share. The ex-dividend date of this dividend is Thursday, August 14th. This represents a $1.70 dividend on an annualized basis and a dividend yield of 1.2%. TJX Companies's dividend payout ratio is currently 38.72%.

Analyst Ratings Changes

A number of analysts have recently weighed in on TJX shares. Loop Capital set a $150.00 price target on shares of TJX Companies and gave the company a "buy" rating in a report on Thursday, May 22nd. Sanford C. Bernstein raised their price target on shares of TJX Companies from $145.00 to $152.00 and gave the company an "outperform" rating in a report on Thursday, August 21st. UBS Group raised their price target on shares of TJX Companies from $164.00 to $172.00 and gave the company a "buy" rating in a report on Thursday, August 21st. Bank of America raised their price target on shares of TJX Companies from $145.00 to $150.00 and gave the company a "buy" rating in a report on Thursday, August 21st. Finally, Cowen restated 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 have assigned a Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat.com, TJX Companies has an average rating of "Buy" and a consensus target price of $147.58.

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.