The TJX Companies, Inc. $TJX Stock Holdings Reduced by Hamilton Point Investment Advisors LLC

Key Points

• Hamilton Point Investment Advisors LLC has reduced its stake in TJX Companies by 2.4%, bringing its holdings to 106,231 shares valued at approximately $13.1 million.
• TJX reported earnings of $1.10 per share for the quarter, exceeding analysts' expectations, with revenue of $14.4 billion, up 6.9% from the previous year.
• The company announced a quarterly dividend of $0.425, which will be paid on December 4th, representing an annualized yield of 1.2%.

Hamilton Point Investment Advisors LLC lessened its stake in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) by 2.4% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 106,231 shares of the apparel and home fashions retailer's stock after selling 2,659 shares during the quarter. TJX Companies comprises approximately 2.2% of Hamilton Point Investment Advisors LLC's holdings, making the stock its 9th largest position. Hamilton Point Investment Advisors LLC's holdings in TJX Companies were worth $13,118,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Pinnacle Financial Partners Inc boosted its stake in shares of TJX Companies by 2.2% during the 1st quarter. Pinnacle Financial Partners Inc now owns 387,342 shares of the apparel and home fashions retailer's stock worth $46,989,000 after acquiring an additional 8,319 shares in the last quarter. State of Alaska Department of Revenue boosted its stake in TJX Companies by 1.7% during the 1st quarter. State of Alaska Department of Revenue now owns 181,712 shares of the apparel and home fashions retailer's stock valued at $22,132,000 after purchasing an additional 3,125 shares during the period. FCG Investment Co bought a new stake in TJX Companies during the 1st quarter valued at approximately $2,620,000. MinichMacGregor Wealth Management LLC bought a new stake in TJX Companies during the 2nd quarter valued at approximately $5,045,000. Finally, Mainstream Capital Management LLC raised its holdings in TJX Companies by 4.3% in the 1st quarter. Mainstream Capital Management LLC now owns 12,450 shares of the apparel and home fashions retailer's stock valued at $1,516,000 after acquiring an additional 515 shares in the last quarter. Institutional investors own 91.09% of the company's stock.

TJX Companies Stock Up 0.7%

Shares of NYSE:TJX opened at $141.38 on Tuesday. The company has a market capitalization of $157.35 billion, a PE ratio of 32.20, a price-to-earnings-growth ratio of 3.12 and a beta of 0.92. The TJX Companies, Inc. has a 52-week low of $111.73 and a 52-week high of $145.58. The company has a fifty day moving average of $138.31 and a 200-day moving average of $130.40. 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 issued its quarterly earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 EPS for the quarter, beating analysts' consensus estimates of $1.01 by $0.09. The business had revenue of $14.40 billion for 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%. The business's quarterly revenue was up 6.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.96 earnings per share. TJX Companies has set its FY 2026 guidance at 4.520-4.570 EPS. Q3 2026 guidance at 1.170-1.190 EPS. On average, equities analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 4th. Investors of record on Thursday, November 13th will be paid a $0.425 dividend. This represents a $1.70 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Thursday, November 13th. TJX Companies's payout ratio is currently 38.72%.

Analysts Set New Price Targets

TJX has been the subject of a number of recent research reports. Daiwa Capital Markets began coverage on TJX Companies in a report on Tuesday, July 8th. They issued an "outperform" rating and a $133.00 target price for the company. Telsey Advisory Group reissued an "outperform" rating and issued a $155.00 target price (up from $150.00) on shares of TJX Companies in a research note on Wednesday, August 20th. Robert W. Baird lifted their target price on TJX Companies from $143.00 to $152.00 and gave the company an "outperform" rating in a research note on Thursday, August 21st. Erste Group Bank assumed coverage on TJX Companies in a research report on Friday, September 5th. They issued a "buy" rating on the stock. Finally, JPMorgan Chase & Co. lifted their target price on TJX Companies from $148.00 to $149.00 and gave the stock an "overweight" rating in a report on Monday, October 6th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Buy" and an average target price 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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