Turtle Creek Wealth Advisors LLC Boosts Stock Position in The TJX Companies, Inc. $TJX

Key Points

• Turtle Creek Wealth Advisors LLC increased its position in The TJX Companies by 8.0% during the 2nd quarter, owning 65,772 shares valued at approximately $8.12 million.
• The TJX Companies reported earnings of $1.10 EPS for the last quarter, exceeding analysts' expectations of $1.01 EPS, with a revenue of $14.40 billion.
• The company announced a quarterly dividend of $0.425 per share, representing a 1.2% dividend yield and a payout ratio of 38.72%.

Turtle Creek Wealth Advisors LLC lifted its position in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 8.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 65,772 shares of the apparel and home fashions retailer's stock after buying an additional 4,881 shares during the quarter. Turtle Creek Wealth Advisors LLC's holdings in TJX Companies were worth $8,122,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. TCTC Holdings LLC raised its holdings in shares of TJX Companies by 210.1% in the 1st quarter. TCTC Holdings LLC now owns 214 shares of the apparel and home fashions retailer's stock valued at $26,000 after buying an additional 145 shares during the period. Atlantic Edge Private Wealth Management LLC raised its holdings in shares of TJX Companies by 58.8% in the 1st 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 buying an additional 110 shares during the period. Iron Horse Wealth Management LLC raised its holdings in shares of TJX Companies by 99.3% in the 1st 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 period. Inlight Wealth Management LLC purchased a new stake in shares of TJX Companies in the 1st quarter valued at $37,000. Finally, Activest Wealth Management raised its holdings in shares of TJX Companies by 4,485.7% in the 1st quarter. Activest Wealth Management now owns 321 shares of the apparel and home fashions retailer's stock valued at $39,000 after buying an additional 314 shares during the period. Hedge funds and other institutional investors own 91.09% of the company's stock.

TJX Companies Stock Up 0.6%

Shares of NYSE TJX opened at $145.00 on Thursday. The stock has a market cap of $161.38 billion, a PE ratio of 33.03, a price-to-earnings-growth ratio of 3.20 and a beta of 0.92. 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 52-week low of $111.73 and a 52-week high of $146.46. The business has a 50-day moving average price of $138.88 and a 200 day moving average price of $130.60.

TJX Companies (NYSE:TJX - Get Free Report) last announced its 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. The firm had revenue of $14.40 billion during the quarter, compared to analysts' expectations of $14.12 billion. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.The business's revenue was up 6.9% on a year-over-year basis. During the same period in the prior year, the firm earned $0.96 EPS. TJX Companies has set its FY 2026 guidance at 4.520-4.570 EPS. Q3 2026 guidance at 1.170-1.190 EPS. Equities research analysts forecast that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Announces Dividend

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

Analysts Set New Price Targets

Several research firms recently issued reports on TJX. Daiwa America upgraded TJX Companies to a "strong-buy" rating in a report on Tuesday, July 8th. Bank of America boosted their target price on TJX Companies from $145.00 to $150.00 and gave the stock a "buy" rating in a research note on Thursday, August 21st. Wall Street Zen upgraded TJX Companies from a "hold" rating to a "buy" rating in a research note on Saturday, August 23rd. BTIG Research assumed coverage on TJX Companies in a research note on Tuesday. They issued a "buy" rating and a $165.00 price objective for the company. Finally, Citigroup lifted their price objective on TJX Companies from $140.00 to $160.00 and gave the company a "buy" rating in a research note on Thursday, August 21st. One research analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Buy" and an average target price of $148.50.

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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