Xcel Wealth Management LLC Acquires 715 Shares of The TJX Companies, Inc. $TJX

Xcel Wealth Management LLC lifted its stake in The TJX Companies, Inc. (NYSE:TJX) by 3.7% in the 2nd quarter, HoldingsChannel reports. The firm owned 20,096 shares of the apparel and home fashions retailer’s stock after acquiring an additional 715 shares during the period. Xcel Wealth Management LLC’s holdings in TJX Companies were worth $2,482,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. lifted its position in shares of TJX Companies by 1.1% during the 1st quarter. Vanguard Group Inc. now owns 100,413,764 shares of the apparel and home fashions retailer’s stock valued at $12,230,396,000 after buying an additional 1,099,129 shares in the last quarter. Ameriprise Financial Inc. raised its stake in TJX Companies by 0.3% during the 1st quarter. Ameriprise Financial Inc. now owns 13,068,312 shares of the apparel and home fashions retailer’s stock worth $1,591,758,000 after acquiring an additional 35,800 shares during the period. Amundi lifted its holdings 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 valued at $1,489,305,000 after purchasing an additional 1,104,292 shares in the last quarter. Nuveen LLC bought a new position in shares of TJX Companies in the first quarter worth approximately $1,330,717,000. Finally, Invesco Ltd. increased its stake in shares of TJX Companies by 2.8% in the first quarter. Invesco Ltd. now owns 9,000,600 shares of the apparel and home fashions retailer’s stock worth $1,096,273,000 after purchasing an additional 247,579 shares in the last quarter. 91.09% of the stock is currently owned by hedge funds and other institutional investors.

TJX Companies Trading Up 0.5%

Shares of TJX stock opened at $140.39 on Thursday. The TJX Companies, Inc. has a 12-month low of $111.22 and a 12-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 stock’s 50-day moving average price is $133.97 and its 200-day moving average price is $127.95. The stock has a market capitalization of $156.25 billion, a price-to-earnings ratio of 31.98, a price-to-earnings-growth ratio of 3.14 and a beta of 0.90.

TJX Companies (NYSE:TJX) last announced 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 company had revenue of $14.40 billion during the quarter, compared to analyst estimates of $14.12 billion. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.The firm’s revenue was up 6.9% on a year-over-year basis. During the same period in the prior year, the company earned $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. Equities research analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Dividend Announcement

The firm 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 $0.425 dividend. This represents a $1.70 annualized dividend and a yield of 1.2%. The ex-dividend date is Thursday, November 13th. TJX Companies’s payout ratio is currently 38.72%.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the stock. Telsey Advisory Group restated an “outperform” rating and set a $155.00 target price (up previously from $150.00) on shares of TJX Companies in a research note on Wednesday, August 20th. Wells Fargo & Company raised their price target on TJX Companies from $120.00 to $130.00 and gave the company an “equal weight” rating in a report on Thursday, August 21st. Erste Group Bank initiated coverage on TJX Companies in a research report on Friday, September 5th. They issued a “buy” rating on the stock. Sanford C. Bernstein increased their target price on TJX Companies from $145.00 to $152.00 and gave the stock an “outperform” rating in a research report on Thursday, August 21st. Finally, Wall Street Zen raised TJX Companies from a “hold” rating to a “buy” rating in a research note on Saturday, August 23rd. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $147.58.

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.