The TJX Companies, Inc. $TJX Position Boosted by Verdence Capital Advisors LLC

Verdence Capital Advisors LLC increased its holdings in The TJX Companies, Inc. (NYSE:TJX) by 1.2% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,304 shares of the apparel and home fashions retailer’s stock after buying an additional 101 shares during the quarter. Verdence Capital Advisors LLC’s holdings in TJX Companies were worth $1,025,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Pinnacle Financial Partners Inc lifted its position in TJX Companies by 2.2% in 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 purchasing an additional 8,319 shares during the period. State of Alaska Department of Revenue lifted its position in TJX Companies by 1.7% in 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 purchasing an additional 3,125 shares during the period. FCG Investment Co acquired a new stake in TJX Companies in the first quarter worth approximately $2,620,000. MinichMacGregor Wealth Management LLC acquired a new stake in TJX Companies in the second quarter worth approximately $5,045,000. Finally, Mainstream Capital Management LLC lifted its position in TJX Companies by 4.3% in 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 purchasing an additional 515 shares during the period. 91.09% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on TJX. Weiss Ratings restated a “buy (b+)” rating on shares of TJX Companies in a research report on Wednesday, October 8th. Wall Street Zen upgraded TJX Companies from a “hold” rating to a “buy” rating in a research report on Saturday, August 23rd. Morgan Stanley upped their target price on TJX Companies from $140.00 to $150.00 and gave the stock an “overweight” rating in a research report on Thursday, August 21st. BTIG Research initiated coverage on TJX Companies in a research report on Tuesday. They issued a “buy” rating and a $165.00 target price for the company. Finally, Erste Group Bank assumed coverage on TJX Companies in a research note on Friday, September 5th. They set a “buy” rating for the company. One analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, TJX Companies has an average rating of “Buy” and a consensus target price of $148.50.

TJX Companies Stock Up 1.9%

Shares of TJX Companies stock opened at $144.10 on Wednesday. The stock’s fifty day moving average is $138.62 and its 200-day moving average is $130.50. The firm has a market capitalization of $160.38 billion, a PE ratio of 32.83, a price-to-earnings-growth ratio of 3.14 and a beta of 0.92. The company has a quick ratio of 0.52, a current ratio of 1.17 and a debt-to-equity ratio of 0.32. The TJX Companies, Inc. has a 12-month low of $111.73 and a 12-month high of $145.58.

TJX Companies (NYSE:TJX) last announced its earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.01 by $0.09. The company had revenue of $14.40 billion for 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%.TJX Companies’s revenue for the quarter was up 6.9% compared to the same quarter last year. During the same period 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. Equities analysts anticipate that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Announces Dividend

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