Yousif Capital Management LLC Sells 3,370 Shares of The TJX Companies, Inc. $TJX

Key Points

• Yousif Capital Management LLC reduced its holdings in The TJX Companies, Inc. by 2.1%, selling 3,370 shares and leaving them with 155,124 shares valued at $19,156,000.
• Numerous hedge funds, including Nuveen LLC and Vanguard Group Inc., have increased their stakes in TJX, with institutional investors owning 91.09% of the stock.
• Analysts are optimistic about TJX, with price targets being raised; Sanford C. Bernstein and UBS Group upgraded their price objectives to $152.00 and $172.00, respectively.

Yousif Capital Management LLC trimmed its holdings in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) by 2.1% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 155,124 shares of the apparel and home fashions retailer's stock after selling 3,370 shares during the quarter. Yousif Capital Management LLC's holdings in TJX Companies were worth $19,156,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of TJX. Nuveen LLC bought a new position in TJX Companies during the first quarter worth about $1,330,717,000. Mirova US LLC increased its position in TJX Companies by 164.5% during the second quarter. Mirova US LLC now owns 2,699,156 shares of the apparel and home fashions retailer's stock worth $333,319,000 after acquiring an additional 1,678,665 shares during the period. Amundi increased its position in TJX Companies by 10.2% during the first quarter. Amundi now owns 11,888,455 shares of the apparel and home fashions retailer's stock worth $1,489,305,000 after acquiring an additional 1,104,292 shares during the period. Vanguard Group Inc. grew its stake in TJX Companies by 1.1% during the first quarter. Vanguard Group Inc. now owns 100,413,764 shares of the apparel and home fashions retailer's stock worth $12,230,396,000 after buying an additional 1,099,129 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its stake in TJX Companies by 17.7% during the first quarter. Goldman Sachs Group Inc. now owns 6,807,714 shares of the apparel and home fashions retailer's stock worth $829,180,000 after buying an additional 1,025,329 shares in the last quarter. 91.09% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. Sanford C. Bernstein increased their price objective on shares of TJX Companies from $145.00 to $152.00 and gave the stock an "outperform" rating in a research note on Thursday, August 21st. UBS Group increased their price objective on shares of TJX Companies from $164.00 to $172.00 and gave the stock a "buy" rating in a research note on Thursday, August 21st. Weiss Ratings reiterated a "buy (b+)" rating on shares of TJX Companies in a research note on Wednesday, October 8th. Erste Group Bank assumed coverage on shares of TJX Companies in a research note on Friday, September 5th. They set a "buy" rating on the stock. Finally, Macquarie reiterated a "buy" rating on shares of TJX Companies in a research note on Monday, August 11th. One analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Buy" and a consensus target price of $147.63.

TJX Companies Price Performance

TJX stock opened at $140.38 on Monday. The company has a 50 day simple moving average of $138.07 and a 200 day simple moving average of $130.24. The stock has a market cap of $156.23 billion, a price-to-earnings ratio of 31.98, a P/E/G ratio of 3.12 and a beta of 0.92. The TJX Companies, Inc. has a 1 year low of $111.73 and a 1 year high of $145.58. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.17 and a quick ratio of 0.52.

TJX Companies (NYSE:TJX - Get Free Report) last released 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 analysts' consensus estimates of $1.01 by $0.09. The business had revenue of $14.40 billion during 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 firm's quarterly revenue was up 6.9% compared to the same quarter last year. During the same period in the prior year, the company 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. Research analysts anticipate that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 4th. Investors of record on Thursday, November 13th will be given a dividend of $0.425 per share. 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 dividend payout ratio is currently 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.

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