Vest Financial LLC Buys 3,634 Shares of The TJX Companies, Inc. $TJX

Vest Financial LLC grew its stake in The TJX Companies, Inc. (NYSE:TJX) by 35.3% during the second quarter, Holdings Channel reports. The firm owned 13,923 shares of the apparel and home fashions retailer’s stock after purchasing an additional 3,634 shares during the period. Vest Financial LLC’s holdings in TJX Companies were worth $1,719,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Pinnacle Financial Partners Inc lifted its holdings in shares of 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 valued at $46,989,000 after purchasing an additional 8,319 shares in the last quarter. State of Alaska Department of Revenue increased its position in shares of 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 valued at $22,132,000 after acquiring an additional 3,125 shares during the last quarter. FCG Investment Co purchased a new stake in shares of TJX Companies during the first quarter valued at approximately $2,620,000. MinichMacGregor Wealth Management LLC purchased a new stake in shares of TJX Companies during the second quarter valued at approximately $5,045,000. Finally, Mainstream Capital Management LLC increased its position in shares of 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 valued at $1,516,000 after acquiring an additional 515 shares during the last quarter. Institutional investors own 91.09% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently commented on TJX. Macquarie reaffirmed a “buy” rating on shares of TJX Companies in a research report on Monday, August 11th. Erste Group Bank began coverage on TJX Companies in a research report on Friday, September 5th. They set a “buy” rating for the company. UBS Group increased their price target on TJX Companies from $164.00 to $172.00 and gave the company a “buy” rating in a research report on Thursday, August 21st. Telsey Advisory Group reaffirmed an “outperform” rating and set a $155.00 price target (up from $150.00) on shares of TJX Companies in a research report on Wednesday, August 20th. Finally, Barclays increased their price target on TJX Companies from $147.00 to $155.00 and gave the company an “overweight” rating in a research report on Thursday, August 21st. 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 currently has an average rating of “Buy” and an average target price of $148.50.

TJX Companies Stock Performance

NYSE:TJX opened at $144.10 on Wednesday. The company has a market capitalization of $160.38 billion, a P/E ratio of 32.83, a P/E/G ratio of 3.14 and a beta of 0.92. The TJX Companies, Inc. has a 1 year low of $111.73 and a 1 year high of $145.58. 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 fifty day simple moving average of $138.62 and a two-hundred day simple moving average of $130.50.

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 for the quarter, beating the consensus estimate of $1.01 by $0.09. The company had revenue of $14.40 billion during the quarter, compared to analysts’ expectations of $14.12 billion. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.The firm’s quarterly revenue was up 6.9% compared to the same quarter last year. During the same period in the previous year, the business 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. On average, analysts expect that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 4th. Stockholders of record on Thursday, November 13th will be given a $0.425 dividend. The ex-dividend date is Thursday, November 13th. This represents a $1.70 annualized dividend and a dividend yield of 1.2%. TJX Companies’s payout ratio is 38.72%.

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.