Town & Country Bank & Trust CO dba First Bankers Trust CO Sells 6,232 Shares of The TJX Companies, Inc. $TJX

Key Points

• Town & Country Bank & Trust CO has reduced its stake in The TJX Companies, Inc. by 19.2%, selling 6,232 shares and now holding 26,182 shares, representing 1.2% of its investment portfolio.
• Analysts remain optimistic about TJX Companies, with several raising their price targets and the stock receiving an average rating of “Buy” and a consensus price target of $147.58.
• TJX Companies has declared a quarterly dividend of $0.425 per share, with an upcoming payment date of December 4th, representing a dividend yield of 1.2%.

Town & Country Bank & Trust CO dba First Bankers Trust CO cut its stake in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 19.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 26,182 shares of the apparel and home fashions retailer's stock after selling 6,232 shares during the period. TJX Companies accounts for 1.2% of Town & Country Bank & Trust CO dba First Bankers Trust CO's investment portfolio, making the stock its 25th largest holding. Town & Country Bank & Trust CO dba First Bankers Trust CO's holdings in TJX Companies were worth $3,233,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Clear Creek Financial Management LLC boosted its position in TJX Companies by 1.8% during the first quarter. Clear Creek Financial Management LLC now owns 4,811 shares of the apparel and home fashions retailer's stock valued at $586,000 after acquiring an additional 83 shares during the last quarter. Knuff & Co LLC lifted its stake in shares of TJX Companies by 8.5% in the 1st quarter. Knuff & Co LLC now owns 1,056 shares of the apparel and home fashions retailer's stock valued at $129,000 after purchasing an additional 83 shares during the period. McLean Asset Management Corp boosted its position in shares of TJX Companies by 3.2% during the 2nd quarter. McLean Asset Management Corp now owns 2,746 shares of the apparel and home fashions retailer's stock valued at $344,000 after purchasing an additional 84 shares in the last quarter. Salem Investment Counselors Inc. grew its stake in TJX Companies by 2.2% during the first quarter. Salem Investment Counselors Inc. now owns 3,986 shares of the apparel and home fashions retailer's stock worth $485,000 after purchasing an additional 86 shares during the period. Finally, NBC Securities Inc. increased its holdings in TJX Companies by 0.6% in the second quarter. NBC Securities Inc. now owns 14,274 shares of the apparel and home fashions retailer's stock worth $1,762,000 after purchasing an additional 86 shares in the last quarter. Institutional investors and hedge funds own 91.09% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the company. UBS Group increased their price target on TJX Companies from $164.00 to $172.00 and gave the stock a "buy" rating in a report on Thursday, August 21st. Daiwa America raised shares of TJX Companies to a "strong-buy" rating in a research note on Tuesday, July 8th. Sanford C. Bernstein raised their price target on shares of TJX Companies from $145.00 to $152.00 and gave the stock an "outperform" rating in a report on Thursday, August 21st. Robert W. Baird upped their price objective on shares of TJX Companies from $143.00 to $152.00 and gave the company an "outperform" rating in a report on Thursday, August 21st. Finally, JPMorgan Chase & Co. raised their target price on TJX Companies from $145.00 to $148.00 and gave the company an "overweight" 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.com, the company presently has an average rating of "Buy" and a consensus price target of $147.58.

TJX Companies Stock Down 0.2%

TJX opened at $139.44 on Tuesday. The TJX Companies, Inc. has a twelve month low of $111.22 and a twelve month high of $145.58. The company's 50-day moving average price is $133.23 and its two-hundred day moving average price is $127.78. The stock has a market cap of $155.19 billion, a price-to-earnings ratio of 31.76, a PEG ratio of 3.14 and a beta of 0.90. The company has a quick ratio of 0.52, a current ratio of 1.17 and a debt-to-equity ratio of 0.32.

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 EPS 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 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 firm posted $0.96 EPS. TJX Companies'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. As a group, equities analysts expect that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Announces Dividend

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

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.