The TJX Companies, Inc. $TJX Shares Bought by New York Life Investment Management LLC

New York Life Investment Management LLC raised its position in The TJX Companies, Inc. (NYSE:TJX) by 0.7% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 167,299 shares of the apparel and home fashions retailer’s stock after purchasing an additional 1,103 shares during the period. New York Life Investment Management LLC’s holdings in TJX Companies were worth $20,660,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Revolve Wealth Partners LLC grew its holdings in TJX Companies by 3.3% in the second quarter. Revolve Wealth Partners LLC now owns 2,453 shares of the apparel and home fashions retailer’s stock valued at $303,000 after purchasing an additional 79 shares during the last quarter. Clear Creek Financial Management LLC grew its holdings in TJX Companies by 1.8% in the first quarter. Clear Creek Financial Management LLC now owns 4,811 shares of the apparel and home fashions retailer’s stock valued at $586,000 after purchasing an additional 83 shares during the last quarter. Knuff & Co LLC grew its holdings in TJX Companies by 8.5% in the first quarter. Knuff & Co LLC now owns 1,056 shares of the apparel and home fashions retailer’s stock valued at $129,000 after purchasing an additional 83 shares during the last quarter. 3Chopt Investment Partners LLC grew its holdings in TJX Companies by 1.6% in the second quarter. 3Chopt Investment Partners LLC now owns 5,239 shares of the apparel and home fashions retailer’s stock valued at $647,000 after purchasing an additional 83 shares during the last quarter. Finally, McLean Asset Management Corp grew its holdings in TJX Companies by 3.2% in the second quarter. McLean Asset Management Corp now owns 2,746 shares of the apparel and home fashions retailer’s stock valued at $344,000 after purchasing an additional 84 shares during the last quarter. Institutional investors and hedge funds own 91.09% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently issued reports on TJX shares. JPMorgan Chase & Co. upped their price objective on TJX Companies from $148.00 to $149.00 and gave the company an “overweight” rating in a research report on Monday, October 6th. Daiwa Capital Markets started coverage on TJX Companies in a research report on Tuesday, July 8th. They issued an “outperform” rating and a $133.00 price objective on the stock. Macquarie restated a “buy” rating on shares of TJX Companies in a research report on Monday, August 11th. Sanford C. Bernstein upped their price objective on TJX Companies from $145.00 to $152.00 and gave the company an “outperform” rating in a research report on Thursday, August 21st. Finally, Citigroup upped their price objective on TJX Companies from $140.00 to $160.00 and gave the company a “buy” rating in a research report on Thursday, August 21st. One research 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’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $149.00.

TJX Companies Stock Performance

NYSE TJX opened at $143.23 on Tuesday. The business’s 50-day moving average price is $140.51 and its 200 day moving average price is $131.83. The TJX Companies, Inc. has a twelve month low of $111.73 and a twelve month high of $146.46. The company has a market capitalization of $159.41 billion, a PE ratio of 32.63, a price-to-earnings-growth ratio of 3.15 and a beta of 0.92. The company has a current ratio of 1.17, a quick ratio of 0.52 and a debt-to-equity ratio of 0.32.

TJX Companies (NYSE:TJX) last released its earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share for the quarter, topping 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 firm had revenue of $14.40 billion for the quarter, compared to the consensus estimate of $14.12 billion. During the same period in the prior year, the business posted $0.96 earnings per share. The firm’s revenue for the quarter 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. On average, research analysts predict that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Dividend Announcement

The company also recently disclosed 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. This represents a $1.70 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Thursday, November 13th. TJX Companies’s payout ratio is currently 38.72%.

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.