The TJX Companies, Inc. $TJX Stock Holdings Lifted by Wesbanco Bank Inc.

Key Points

• Wesbanco Bank Inc. increased its stake in TJX Companies by 84% during the second quarter, holding 75,219 shares valued at approximately $9.29 million.
• TJX reported earnings of $1.10 per share for the last quarter, exceeding analysts' expectations of $1.01, with revenue rising 6.9% year-over-year to $14.40 billion.
• Analyst ratings for TJX are predominantly positive, with one Strong Buy, 21 Buy, and one Hold, resulting in an average target price of $147.58.

Wesbanco Bank Inc. lifted its position in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 84.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 75,219 shares of the apparel and home fashions retailer's stock after acquiring an additional 34,332 shares during the period. Wesbanco Bank Inc.'s holdings in TJX Companies were worth $9,289,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the company. Verde Capital Management increased its position in shares of TJX Companies by 6.6% in the second quarter. Verde Capital Management now owns 9,552 shares of the apparel and home fashions retailer's stock worth $1,180,000 after acquiring an additional 594 shares in the last quarter. Osprey Private Wealth LLC boosted its holdings in shares of TJX Companies by 0.3% during the second quarter. Osprey Private Wealth LLC now owns 29,230 shares of the apparel and home fashions retailer's stock worth $3,679,000 after purchasing an additional 100 shares during the period. Good Steward Wealth Advisors LLC acquired a new stake in shares of TJX Companies during the second quarter worth approximately $201,000. Bangor Savings Bank boosted its holdings in shares of TJX Companies by 9.5% during the second quarter. Bangor Savings Bank now owns 1,453 shares of the apparel and home fashions retailer's stock worth $179,000 after purchasing an additional 126 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. boosted its holdings in shares of TJX Companies by 11.7% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 9,579 shares of the apparel and home fashions retailer's stock worth $1,183,000 after purchasing an additional 1,004 shares during the period. 91.09% of the stock is owned by hedge funds and other institutional investors.

TJX Companies Price Performance

NYSE TJX opened at $139.55 on Friday. The company has a 50 day moving average price of $131.39 and a two-hundred day moving average price of $127.00. 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 TJX Companies, Inc. has a 12-month low of $111.22 and a 12-month high of $145.58. The stock has a market capitalization of $155.31 billion, a PE ratio of 31.79, a price-to-earnings-growth ratio of 3.17 and a beta of 0.90.

TJX Companies (NYSE:TJX - Get Free Report) last issued its quarterly earnings data 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 during the quarter, compared to analysts' expectations of $14.12 billion. During the same period in the previous year, the company earned $0.96 earnings per share. TJX Companies'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. As a group, equities analysts predict that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts recently commented on TJX shares. Cowen restated a "buy" rating on shares of TJX Companies in a report on Tuesday, May 20th. Barclays raised their price target on shares of TJX Companies from $147.00 to $155.00 and gave the stock an "overweight" rating in a report on Thursday, August 21st. Wells Fargo & Company raised their price target on shares of TJX Companies from $120.00 to $130.00 and gave the stock an "equal weight" rating in a report on Thursday, August 21st. Macquarie restated a "buy" rating on shares of TJX Companies in a report on Monday, August 11th. Finally, Robert W. Baird lifted their target price on shares of TJX Companies from $143.00 to $152.00 and gave the company an "outperform" rating in a research note on Thursday, August 21st. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of "Buy" and an average target price of $147.58.

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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