Wealthfront Advisers LLC Increases Stock Position in The TJX Companies, Inc. $TJX

Wealthfront Advisers LLC grew its stake in The TJX Companies, Inc. (NYSE:TJX) by 4.4% during the second quarter, Holdings Channel.com reports. The fund owned 163,814 shares of the apparel and home fashions retailer’s stock after acquiring an additional 6,949 shares during the period. Wealthfront Advisers LLC’s holdings in TJX Companies were worth $20,229,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. TCTC Holdings LLC increased its holdings in TJX Companies by 210.1% in the 1st quarter. TCTC Holdings LLC now owns 214 shares of the apparel and home fashions retailer’s stock valued at $26,000 after purchasing an additional 145 shares during the last quarter. Princeton Global Asset Management LLC purchased a new position in shares of TJX Companies during the second quarter worth $28,000. Atlantic Edge Private Wealth Management LLC grew its stake in shares of TJX Companies by 58.8% in the first quarter. Atlantic Edge Private Wealth Management LLC now owns 297 shares of the apparel and home fashions retailer’s stock valued at $36,000 after buying an additional 110 shares in the last quarter. Iron Horse Wealth Management LLC raised its holdings in shares of TJX Companies by 99.3% in the 1st quarter. Iron Horse Wealth Management LLC now owns 299 shares of the apparel and home fashions retailer’s stock valued at $36,000 after buying an additional 149 shares during the period. Finally, Activest Wealth Management raised its holdings in shares of TJX Companies by 4,485.7% in the 1st quarter. Activest Wealth Management now owns 321 shares of the apparel and home fashions retailer’s stock valued at $39,000 after buying an additional 314 shares during the period. 91.09% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. Wall Street Zen upgraded TJX Companies from a “hold” rating to a “buy” rating in a report on Saturday, August 23rd. Sanford C. Bernstein raised their price objective on shares of TJX Companies from $145.00 to $152.00 and gave the company an “outperform” rating in a research note on Thursday, August 21st. Daiwa America upgraded shares of TJX Companies to a “strong-buy” rating in a report on Tuesday, July 8th. Macquarie reiterated a “buy” rating on shares of TJX Companies in a report on Monday, August 11th. Finally, JPMorgan Chase & Co. boosted their price target on shares of TJX Companies from $148.00 to $149.00 and gave the stock an “overweight” rating in a research note on Monday, October 6th. One research 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. Based on data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of $148.50.

TJX Companies Stock Down 0.4%

TJX stock opened at $141.90 on Friday. The company’s 50 day moving average price is $140.31 and its 200 day moving average price is $131.68. The firm has a market capitalization of $157.92 billion, a price-to-earnings ratio of 32.32, a PEG ratio of 3.15 and a beta of 0.92. The TJX Companies, Inc. has a fifty-two week low of $111.73 and a fifty-two week high of $146.46. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.52 and a current ratio of 1.17.

TJX Companies (NYSE:TJX) last posted its quarterly earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 EPS for the quarter, topping the consensus estimate of $1.01 by $0.09. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. The company had revenue of $14.40 billion during the quarter, compared to analysts’ expectations of $14.12 billion. During the same quarter in the previous year, the business posted $0.96 EPS. The firm’s revenue was up 6.9% on a year-over-year basis. 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, equities research analysts anticipate that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 4th. Investors of record on Thursday, November 13th will be issued a $0.425 dividend. 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 dividend 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.