Brighton Jones LLC Has $2.19 Million Stock Holdings in The TJX Companies, Inc. $TJX

Brighton Jones LLC lifted its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 19.2% in the second quarter, according to the company in its most recent filing with the SEC. The fund owned 17,738 shares of the apparel and home fashions retailer’s stock after buying an additional 2,853 shares during the quarter. Brighton Jones LLC’s holdings in TJX Companies were worth $2,190,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of TJX. Nuveen LLC acquired a new stake in TJX Companies in the 1st quarter worth about $1,330,717,000. Mirova US LLC raised its stake in TJX Companies by 164.5% in the 2nd quarter. Mirova US LLC now owns 2,699,156 shares of the apparel and home fashions retailer’s stock worth $333,319,000 after purchasing an additional 1,678,665 shares in the last quarter. Amundi raised its stake in 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 worth $1,489,305,000 after purchasing an additional 1,104,292 shares in the last quarter. Vanguard Group Inc. raised its stake in 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 worth $12,230,396,000 after purchasing an additional 1,099,129 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its stake in TJX Companies by 17.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 6,807,714 shares of the apparel and home fashions retailer’s stock worth $829,180,000 after purchasing an additional 1,025,329 shares in the last quarter. Institutional investors and hedge funds own 91.09% of the company’s stock.

Analysts Set New Price Targets

Several analysts have weighed in on TJX shares. Bank of America lifted their price objective on shares of TJX Companies from $145.00 to $150.00 and gave the stock a “buy” rating in a research note on Thursday, August 21st. Wells Fargo & Company lifted their price objective on shares of TJX Companies from $120.00 to $130.00 and gave the stock an “equal weight” rating in a research note on Thursday, August 21st. Robert W. Baird raised their target price on shares of TJX Companies from $143.00 to $152.00 and gave the company an “outperform” rating in a report on Thursday, August 21st. Telsey Advisory Group reissued an “outperform” rating and issued a $155.00 target price (up from $150.00) on shares of TJX Companies in a report on Wednesday, August 20th. Finally, Morgan Stanley raised their target price on shares of TJX Companies from $140.00 to $150.00 and gave the company an “overweight” rating in a report on Thursday, August 21st. One analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $148.50.

TJX Companies Price Performance

TJX stock opened at $141.90 on Monday. The firm has a market cap of $157.92 billion, a P/E ratio of 32.32, a P/E/G ratio of 3.15 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 company’s 50-day moving average price is $140.31 and its two-hundred day moving average price is $131.71. The TJX Companies, Inc. has a 12 month low of $111.73 and a 12 month high of $146.46.

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 (EPS) for the quarter, beating the consensus estimate 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 net margin of 8.59% and a return on equity of 58.63%. The firm’s revenue was up 6.9% on a year-over-year basis. During the same period in the previous year, the firm posted $0.96 EPS. 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 anticipate that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 4th. Investors of record on Thursday, November 13th will be issued a dividend of $0.425 per share. The ex-dividend date of this dividend 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 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.