First National Trust Co trimmed its stake in shares of The TJX Companies, Inc. (NYSE:TJX – Free Report) by 1.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 83,661 shares of the apparel and home fashions retailer’s stock after selling 1,354 shares during the period. First National Trust Co’s holdings in TJX Companies were worth $10,331,000 as of its most recent SEC filing.
Other hedge funds have also modified their holdings of the company. Motley Fool Asset Management LLC lifted its position in shares of TJX Companies by 15.4% in the 2nd quarter. Motley Fool Asset Management LLC now owns 71,805 shares of the apparel and home fashions retailer’s stock valued at $8,867,000 after acquiring an additional 9,559 shares in the last quarter. May Hill Capital LLC lifted its holdings in shares of TJX Companies by 6.1% in the second quarter. May Hill Capital LLC now owns 1,818 shares of the apparel and home fashions retailer’s stock valued at $225,000 after purchasing an additional 105 shares in the last quarter. Logan Capital Management Inc. lifted its stake in TJX Companies by 79.3% in the 2nd quarter. Logan Capital Management Inc. now owns 52,911 shares of the apparel and home fashions retailer’s stock worth $6,534,000 after acquiring an additional 23,395 shares in the last quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd lifted its stake in TJX Companies by 1.1% in the 2nd quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd now owns 23,896 shares of the apparel and home fashions retailer’s stock worth $2,951,000 after acquiring an additional 251 shares in the last quarter. Finally, Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its stake in TJX Companies by 24.7% in the 2nd quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 351,468 shares of the apparel and home fashions retailer’s stock worth $43,403,000 after acquiring an additional 69,600 shares in the last quarter. 91.09% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of equities research analysts have issued reports on the stock. Morgan Stanley increased their target price on shares of TJX Companies from $140.00 to $150.00 and gave the stock an “overweight” rating in a research report on Thursday, August 21st. Sanford C. Bernstein raised their price target on TJX Companies from $145.00 to $152.00 and gave the stock an “outperform” rating in a research note on Thursday, August 21st. Daiwa Capital Markets began coverage on TJX Companies in a research note on Tuesday, July 8th. They set an “outperform” rating and a $133.00 price target for the company. Barclays raised their price target on TJX Companies from $147.00 to $155.00 and gave the stock an “overweight” rating in a research note on Thursday, August 21st. Finally, Weiss Ratings reaffirmed a “buy (b+)” rating on shares of TJX Companies in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $149.00.
TJX Companies Stock Up 0.9%
Shares of TJX stock opened at $143.23 on Tuesday. 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 price-to-earnings ratio of 32.63, a PEG ratio of 3.15 and a beta of 0.92. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.52 and a current ratio of 1.17. The stock’s 50 day simple moving average is $140.51 and its 200 day simple moving average is $131.83.
TJX Companies (NYSE:TJX – Get Free Report) last announced its 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. The firm had revenue of $14.40 billion for the quarter, compared to the consensus estimate of $14.12 billion. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. The business’s quarterly revenue was up 6.9% on a year-over-year basis. During the same quarter last 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. As a group, research analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current year.
TJX Companies Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Thursday, December 4th. Investors of record on Thursday, November 13th will be given a dividend of $0.425 per share. The ex-dividend date of this dividend is Thursday, November 13th. This represents a $1.70 dividend on an annualized basis and a yield of 1.2%. TJX Companies’s payout ratio is 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.
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