The TJX Companies, Inc. $TJX Shares Sold by Clear Creek Financial Management LLC

Clear Creek Financial Management LLC reduced its position in The TJX Companies, Inc. (NYSE:TJX) by 3.4% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 4,647 shares of the apparel and home fashions retailer’s stock after selling 164 shares during the quarter. Clear Creek Financial Management LLC’s holdings in TJX Companies were worth $574,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Vanguard Group Inc. lifted its stake in shares of TJX Companies by 1.1% in 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 purchasing an additional 1,099,129 shares in the last quarter. Ameriprise Financial Inc. lifted its stake in shares of TJX Companies by 0.3% in the 1st quarter. Ameriprise Financial Inc. now owns 13,068,312 shares of the apparel and home fashions retailer’s stock valued at $1,591,758,000 after purchasing an additional 35,800 shares in the last quarter. Amundi lifted its stake in shares of TJX Companies by 10.2% in the 1st 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 acquired a new position in shares of TJX Companies in the 1st quarter valued at about $1,330,717,000. Finally, Invesco Ltd. lifted its stake in shares of TJX Companies by 2.8% in the 1st quarter. Invesco Ltd. now owns 9,000,600 shares of the apparel and home fashions retailer’s stock valued at $1,096,273,000 after purchasing an additional 247,579 shares in the last quarter. 91.09% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on TJX shares. Macquarie reaffirmed a “buy” rating on shares of TJX Companies in a research note on Monday, August 11th. JPMorgan Chase & Co. raised their target price on TJX Companies from $148.00 to $149.00 and gave the company an “overweight” rating in a report on Monday, October 6th. Daiwa America upgraded TJX Companies to a “strong-buy” rating in a report on Tuesday, July 8th. Telsey Advisory Group reiterated an “outperform” rating and set a $155.00 target price (up from $150.00) on shares of TJX Companies in a report on Wednesday, August 20th. Finally, UBS Group raised their target price on TJX Companies from $164.00 to $172.00 and gave the company a “buy” rating in a report on Thursday, August 21st. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $147.63.

TJX Companies Trading Up 1.3%

NYSE:TJX opened at $140.38 on Friday. The TJX Companies, Inc. has a 12-month low of $111.73 and a 12-month high of $145.58. The firm has a market capitalization of $156.23 billion, a P/E ratio of 31.98, a P/E/G ratio of 3.08 and a beta of 0.92. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.17 and a quick ratio of 0.52. The business has a 50 day simple moving average of $138.07 and a 200 day simple moving average of $130.10.

TJX Companies (NYSE:TJX) 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, beating analysts’ consensus estimates of $1.01 by $0.09. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.The business had revenue of $14.40 billion during the quarter, compared to analyst estimates of $14.12 billion. During the same quarter in the previous year, the firm posted $0.96 EPS. The business’s revenue for the quarter was up 6.9% compared to the same quarter last year. 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 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. The ex-dividend date 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%.

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.