Canopy Partners LLC Takes $202,000 Position in The TJX Companies, Inc. $TJX

Canopy Partners LLC acquired a new stake in shares of The TJX Companies, Inc. (NYSE:TJX) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 1,632 shares of the apparel and home fashions retailer’s stock, valued at approximately $202,000.

Other large investors have also recently made changes to their positions in the company. Clear Creek Financial Management LLC raised its stake in TJX Companies by 1.8% during 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 acquiring an additional 83 shares in the last quarter. Knuff & Co LLC raised its stake 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 worth $129,000 after acquiring an additional 83 shares in the last quarter. McLean Asset Management Corp raised its stake in TJX Companies by 3.2% during the 2nd quarter. McLean Asset Management Corp now owns 2,746 shares of the apparel and home fashions retailer’s stock worth $344,000 after acquiring an additional 84 shares in the last quarter. Salem Investment Counselors Inc. raised its stake in TJX Companies by 2.2% during the 1st quarter. Salem Investment Counselors Inc. now owns 3,986 shares of the apparel and home fashions retailer’s stock worth $485,000 after acquiring an additional 86 shares in the last quarter. Finally, NBC Securities Inc. raised its stake in TJX Companies by 0.6% during the 2nd quarter. NBC Securities Inc. now owns 14,274 shares of the apparel and home fashions retailer’s stock worth $1,762,000 after acquiring an additional 86 shares in the last quarter. 91.09% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages recently commented on TJX. Daiwa America upgraded shares of TJX Companies to a “strong-buy” rating in a research note on Tuesday, July 8th. Robert W. Baird lifted their price objective on shares of TJX Companies from $143.00 to $152.00 and gave the company an “outperform” rating in a research note on Thursday, August 21st. Wall Street Zen upgraded shares of TJX Companies from a “hold” rating to a “buy” rating in a research note on Saturday, August 23rd. Bank of America lifted their price objective on shares of TJX Companies from $145.00 to $150.00 and gave the company a “buy” rating in a research note on Thursday, August 21st. Finally, Erste Group Bank assumed coverage on shares of TJX Companies in a research note on Friday, September 5th. They issued a “buy” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of $147.63.

TJX Companies Stock Performance

NYSE TJX opened at $140.68 on Thursday. 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’s 50 day moving average is $137.50 and its two-hundred day moving average is $129.83. The TJX Companies, Inc. has a 12-month low of $111.73 and a 12-month high of $145.58. The stock has a market capitalization of $156.57 billion, a price-to-earnings ratio of 32.05, a PEG ratio of 3.17 and a beta of 0.92.

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, topping analysts’ consensus estimates of $1.01 by $0.09. The firm 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 firm’s revenue was up 6.9% on a year-over-year basis. During the same quarter in the previous year, the firm 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. Research analysts expect that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Announces Dividend

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 issued a dividend of $0.425 per share. The ex-dividend date of this dividend is Thursday, November 13th. This represents a $1.70 dividend on an annualized basis and a yield of 1.2%. 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.