The TJX Companies, Inc. $TJX Shares Purchased by Janney Capital Management LLC

Janney Capital Management LLC increased its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 1.7% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 29,272 shares of the apparel and home fashions retailer’s stock after acquiring an additional 480 shares during the period. Janney Capital Management LLC’s holdings in TJX Companies were worth $3,615,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Pinnacle Financial Partners Inc grew its holdings in TJX Companies by 2.2% during the first quarter. Pinnacle Financial Partners Inc now owns 387,342 shares of the apparel and home fashions retailer’s stock worth $46,989,000 after acquiring an additional 8,319 shares during the period. State of Alaska Department of Revenue grew its holdings in TJX Companies by 1.7% during the first quarter. State of Alaska Department of Revenue now owns 181,712 shares of the apparel and home fashions retailer’s stock worth $22,132,000 after acquiring an additional 3,125 shares during the period. FCG Investment Co acquired a new position in TJX Companies during the first quarter worth about $2,620,000. MinichMacGregor Wealth Management LLC acquired a new position in TJX Companies during the second quarter worth about $5,045,000. Finally, Mainstream Capital Management LLC grew its holdings in TJX Companies by 4.3% during the first quarter. Mainstream Capital Management LLC now owns 12,450 shares of the apparel and home fashions retailer’s stock worth $1,516,000 after acquiring an additional 515 shares during the period. 91.09% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the company. Citigroup lifted their target price on TJX Companies from $140.00 to $160.00 and gave the stock a “buy” rating in a report on Thursday, August 21st. JPMorgan Chase & Co. increased their price target on TJX Companies from $145.00 to $148.00 and gave the company an “overweight” rating in a research report on Thursday, August 21st. Evercore ISI increased their price target on TJX Companies from $150.00 to $162.00 and gave the company an “outperform” rating in a research report on Thursday, August 21st. Morgan Stanley increased their price target on TJX Companies from $140.00 to $150.00 and gave the company an “overweight” rating in a research report on Thursday, August 21st. Finally, Daiwa America upgraded TJX Companies to a “strong-buy” rating in a research report on Tuesday, July 8th. One 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. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of $147.58.

TJX Companies Trading Up 0.3%

Shares of NYSE TJX opened at $143.45 on Tuesday. The TJX Companies, Inc. has a one year low of $111.22 and a one year high of $145.58. The firm has a market capitalization of $159.65 billion, a PE ratio of 32.68, a PEG ratio of 3.22 and a beta of 0.90. 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 business has a 50-day moving average price of $135.15 and a two-hundred day moving average price of $128.71.

TJX Companies (NYSE:TJX) last announced its quarterly earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.01 by $0.09. The business 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 previous 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. As a group, analysts predict that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Dividend Announcement

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

About TJX Companies

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.