The TJX Companies, Inc. $TJX Stake Reduced by Kayne Anderson Rudnick Investment Management LLC

Key Points

• Kayne Anderson Rudnick Investment Management LLC has reduced its stake in The TJX Companies, Inc. by 1.3%, now owning 224,645 shares, which are valued at approximately $27.36 million.
• The company's stock is currently rated as a Buy by a consensus of analysts, with target prices ranging from $133.00 to $172.00.
• TJX reported quarterly earnings of $1.10 EPS, exceeding expectations, and has set guidance for FY 2026 EPS between $4.520-4.570.

Kayne Anderson Rudnick Investment Management LLC cut its stake in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 1.3% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 224,645 shares of the apparel and home fashions retailer's stock after selling 2,857 shares during the period. Kayne Anderson Rudnick Investment Management LLC's holdings in TJX Companies were worth $27,362,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. TCTC Holdings LLC boosted its stake in TJX Companies by 210.1% during the 1st quarter. TCTC Holdings LLC now owns 214 shares of the apparel and home fashions retailer's stock valued at $26,000 after purchasing an additional 145 shares during the period. Atlantic Edge Private Wealth Management LLC increased its stake in shares of TJX Companies by 58.8% in the first 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 period. Iron Horse Wealth Management LLC raised its holdings in shares of TJX Companies by 99.3% during the first quarter. Iron Horse Wealth Management LLC now owns 299 shares of the apparel and home fashions retailer's stock valued at $36,000 after buying an additional 149 shares during the last quarter. Inlight Wealth Management LLC acquired a new position in shares of TJX Companies during the first quarter worth approximately $37,000. Finally, Rialto Wealth Management LLC boosted its position in shares of TJX Companies by 105.9% during the first quarter. Rialto Wealth Management LLC now owns 348 shares of the apparel and home fashions retailer's stock worth $42,000 after buying an additional 179 shares during the period. Institutional investors and hedge funds own 91.09% of the company's stock.

Insider Buying and Selling at TJX Companies

In related news, Director Amy B. Lane sold 950 shares of TJX Companies stock in a transaction on Tuesday, June 3rd. The stock was sold at an average price of $128.09, for a total value of $121,685.50. Following the transaction, the director directly owned 22,712 shares in the company, valued at $2,909,180.08. The trade was a 4.01% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.13% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

TJX has been the topic of several analyst reports. Evercore ISI raised their target price on TJX Companies from $150.00 to $162.00 and gave the company an "outperform" rating in a research report on Thursday. 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 for the company. Bank of America lifted their price objective on shares of TJX Companies from $145.00 to $150.00 and gave the company a "buy" rating in a research note on Thursday. Sanford C. Bernstein increased their target price on shares of TJX Companies from $145.00 to $152.00 and gave the company an "outperform" rating in a research report on Thursday. Finally, UBS Group raised their target price on shares of TJX Companies from $164.00 to $172.00 and gave the company a "buy" rating in a research note on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Buy" and a consensus target price of $147.58.

TJX Companies Price Performance

Shares of NYSE TJX opened at $136.3790 on Monday. The TJX Companies, Inc. has a twelve month low of $111.22 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 50-day moving average of $127.00 and a two-hundred day moving average of $125.48. The company has a market capitalization of $152.35 billion, a price-to-earnings ratio of 31.07, a PEG ratio of 3.07 and a beta of 0.89.

TJX Companies (NYSE:TJX - Get Free Report) last announced its quarterly earnings data on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share (EPS) for the quarter, topping the consensus estimate 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 for the quarter, compared to analysts' expectations of $14.12 billion. During the same quarter in the previous year, the company posted $0.96 EPS. The business's revenue was up 6.9% compared to the same quarter last year. 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, analysts expect that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Dividend Announcement

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. This represents a $1.70 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Thursday, August 14th. TJX Companies's dividend payout ratio is 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.

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