TCV Trust & Wealth Management Inc. Decreases Holdings in The TJX Companies, Inc. $TJX

TCV Trust & Wealth Management Inc. trimmed its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 1.4% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 137,853 shares of the apparel and home fashions retailer’s stock after selling 1,913 shares during the quarter. TJX Companies makes up 1.5% of TCV Trust & Wealth Management Inc.’s holdings, making the stock its 17th biggest holding. TCV Trust & Wealth Management Inc.’s holdings in TJX Companies were worth $17,023,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in TJX. Clear Creek Financial Management LLC raised its position in TJX Companies by 1.8% in the 1st quarter. Clear Creek Financial Management LLC now owns 4,811 shares of the apparel and home fashions retailer’s stock worth $586,000 after purchasing an additional 83 shares during the period. Knuff & Co LLC boosted its holdings in TJX Companies by 8.5% during 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 acquiring an additional 83 shares during the period. McLean Asset Management Corp grew its position in TJX Companies by 3.2% in 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 acquiring an additional 84 shares during the last quarter. Salem Investment Counselors Inc. increased its stake in TJX Companies by 2.2% in 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. boosted its stake in shares of TJX Companies by 0.6% during the second quarter. NBC Securities Inc. now owns 14,274 shares of the apparel and home fashions retailer’s stock valued at $1,762,000 after purchasing an additional 86 shares during the period. 91.09% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts have recently commented on TJX shares. Telsey Advisory Group reaffirmed an “outperform” rating and set a $155.00 target price (up from $150.00) on shares of TJX Companies in a research report on Wednesday, August 20th. Macquarie restated a “buy” rating on shares of TJX Companies in a research note on Monday, August 11th. Sanford C. Bernstein upped their target price on TJX Companies from $145.00 to $152.00 and gave the stock an “outperform” rating in a report on Thursday, August 21st. Bank of America lifted their price objective on shares of TJX Companies from $145.00 to $150.00 and gave the stock a “buy” rating in a research report on Thursday, August 21st. Finally, Citigroup upped their target price on TJX Companies from $140.00 to $160.00 and gave the company a “buy” rating in a research report on Thursday, August 21st. One research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, TJX Companies currently has a consensus rating of “Buy” and an average price target of $147.58.

TJX Companies Price Performance

Shares of NYSE:TJX opened at $140.05 on Friday. The TJX Companies, Inc. has a twelve month low of $111.22 and a twelve month high of $145.58. The company has a current ratio of 1.17, a quick ratio of 0.52 and a debt-to-equity ratio of 0.32. The company has a market cap of $155.87 billion, a PE ratio of 31.90, a price-to-earnings-growth ratio of 3.15 and a beta of 0.90. The company’s 50 day moving average is $132.59 and its 200 day moving average is $127.43.

TJX Companies (NYSE:TJX) last released its quarterly earnings data on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 EPS for the quarter, beating the consensus estimate of $1.01 by $0.09. The business had revenue of $14.40 billion for the quarter, compared to the consensus estimate of $14.12 billion. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. The business’s revenue for the quarter 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. On average, sell-side analysts forecast that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Dividend Announcement

The business also recently declared 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 annualized dividend and a yield of 1.2%. The ex-dividend date is Thursday, November 13th. TJX Companies’s dividend payout ratio (DPR) 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.