The TJX Companies, Inc. $TJX Shares Sold by WestEnd Advisors LLC

WestEnd Advisors LLC cut its holdings in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 14.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 307,395 shares of the apparel and home fashions retailer's stock after selling 53,965 shares during the period. WestEnd Advisors LLC's holdings in TJX Companies were worth $37,961,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. BankPlus Trust Department increased its position in shares of TJX Companies by 1.8% during the second quarter. BankPlus Trust Department now owns 23,944 shares of the apparel and home fashions retailer's stock worth $2,957,000 after purchasing an additional 420 shares in the last quarter. Canopy Partners LLC acquired a new stake in shares of TJX Companies during the second quarter worth about $202,000. Shell Asset Management Co. increased its position in shares of TJX Companies by 33.4% during the second quarter. Shell Asset Management Co. now owns 37,519 shares of the apparel and home fashions retailer's stock worth $4,633,000 after purchasing an additional 9,386 shares in the last quarter. Kingswood Wealth Advisors LLC increased its position in shares of TJX Companies by 19.6% during the second quarter. Kingswood Wealth Advisors LLC now owns 9,100 shares of the apparel and home fashions retailer's stock worth $1,124,000 after purchasing an additional 1,489 shares in the last quarter. Finally, Joel Isaacson & Co. LLC increased its position in shares of TJX Companies by 30.0% during the second quarter. Joel Isaacson & Co. LLC now owns 12,001 shares of the apparel and home fashions retailer's stock worth $1,482,000 after purchasing an additional 2,770 shares in the last quarter. Institutional investors and hedge funds own 91.09% of the company's stock.

TJX Companies Price Performance

Shares of TJX opened at $142.70 on Wednesday. The stock's 50 day moving average is $137.20 and its two-hundred day moving average is $129.75. The TJX Companies, Inc. has a twelve month low of $111.73 and a twelve month high of $145.58. 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 firm has a market capitalization of $158.81 billion, a PE ratio of 32.51, a P/E/G ratio of 3.22 and a beta of 0.92.

TJX Companies (NYSE:TJX - Get Free Report) last posted its quarterly earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share (EPS) for the quarter, beating 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 company had revenue of $14.40 billion during the quarter, compared to the consensus estimate of $14.12 billion. During the same period last year, the firm earned $0.96 EPS. The company's revenue for the quarter 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. Research analysts anticipate that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Dividend Announcement

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

Wall Street Analyst Weigh In

A number of analysts have recently commented on TJX shares. Wells Fargo & Company lifted their target price on TJX Companies from $120.00 to $130.00 and gave the stock an "equal weight" rating in a research report on Thursday, August 21st. Telsey Advisory Group reiterated an "outperform" rating and set a $155.00 target price (up previously from $150.00) on shares of TJX Companies in a research report on Wednesday, August 20th. Daiwa Capital Markets started coverage on TJX Companies in a research report on Tuesday, July 8th. They set an "outperform" rating and a $133.00 target price on the stock. Evercore ISI raised their price target on TJX Companies from $150.00 to $162.00 and gave the stock an "outperform" rating in a report on Thursday, August 21st. Finally, Daiwa America raised TJX Companies to a "strong-buy" rating in a report on Tuesday, July 8th. One analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, TJX Companies has a consensus rating of "Buy" and an average price target of $147.63.

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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