Foster & Motley Inc. Trims Holdings in The TJX Companies, Inc. $TJX

Foster & Motley Inc. trimmed its position in The TJX Companies, Inc. (NYSE:TJX) by 1.1% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 16,914 shares of the apparel and home fashions retailer’s stock after selling 192 shares during the quarter. Foster & Motley Inc.’s holdings in TJX Companies were worth $2,089,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of the company. Chevy Chase Trust Holdings LLC raised its stake in shares of TJX Companies by 2.1% in the second quarter. Chevy Chase Trust Holdings LLC now owns 1,627,523 shares of the apparel and home fashions retailer’s stock worth $200,983,000 after purchasing an additional 34,197 shares during the last quarter. Stratos Wealth Partners LTD. grew its holdings in TJX Companies by 7.1% during the second quarter. Stratos Wealth Partners LTD. now owns 33,240 shares of the apparel and home fashions retailer’s stock worth $4,105,000 after acquiring an additional 2,210 shares during the period. Angeles Wealth Management LLC grew its holdings in TJX Companies by 19.9% during the second quarter. Angeles Wealth Management LLC now owns 8,565 shares of the apparel and home fashions retailer’s stock worth $1,058,000 after acquiring an additional 1,424 shares during the period. Sage Private Wealth Group LLC grew its holdings in TJX Companies by 18.8% during the second quarter. Sage Private Wealth Group LLC now owns 5,589 shares of the apparel and home fashions retailer’s stock worth $690,000 after acquiring an additional 886 shares during the period. Finally, Commons Capital LLC grew its holdings in TJX Companies by 5.1% during the second quarter. Commons Capital LLC now owns 6,746 shares of the apparel and home fashions retailer’s stock worth $833,000 after acquiring an additional 328 shares during the period. 91.09% of the stock is currently owned by hedge funds and other institutional investors.

TJX Companies Stock Up 1.0%

Shares of TJX opened at $143.95 on Friday. 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 TJX Companies, Inc. has a 12 month low of $111.73 and a 12 month high of $146.46. The stock’s 50 day moving average is $139.33 and its two-hundred day moving average is $130.93. The firm has a market cap of $160.21 billion, a P/E ratio of 32.79, a PEG ratio of 3.19 and a beta of 0.92.

TJX Companies (NYSE:TJX) last issued its quarterly earnings data on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 EPS for the quarter, beating the consensus estimate of $1.01 by $0.09. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.The company had revenue of $14.40 billion for the quarter, compared to analyst estimates of $14.12 billion. During the same period last year, the company earned $0.96 earnings per share. TJX Companies’s quarterly revenue 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. 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 paid a $0.425 dividend. The ex-dividend date of this dividend is Thursday, November 13th. This represents a $1.70 dividend on an annualized basis and a dividend yield of 1.2%. TJX Companies’s payout ratio is currently 38.72%.

Analysts Set New Price Targets

TJX has been the topic of several analyst reports. Sanford C. Bernstein raised their target price on TJX Companies from $145.00 to $152.00 and gave the stock an “outperform” rating in a report on Thursday, August 21st. Morgan Stanley raised their target price on TJX Companies from $140.00 to $150.00 and gave the stock an “overweight” rating in a report on Thursday, August 21st. Citigroup raised 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. Evercore ISI raised their target price on TJX Companies from $150.00 to $162.00 and gave the stock an “outperform” rating in a report on Thursday, August 21st. Finally, Daiwa Capital Markets started coverage on TJX Companies in a report on Tuesday, July 8th. They issued an “outperform” rating and a $133.00 price objective on the stock. One analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, TJX Companies has a consensus rating of “Buy” and an average target price of $148.50.

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.