Zhang Financial LLC Grows Stock Holdings in The TJX Companies, Inc. $TJX

Zhang Financial LLC increased its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 6.2% in the 2nd quarter, Holdings Channel reports. The firm owned 2,356 shares of the apparel and home fashions retailer’s stock after buying an additional 138 shares during the period. Zhang Financial LLC’s holdings in TJX Companies were worth $291,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Nuveen LLC bought a new stake in TJX Companies during the first quarter valued at approximately $1,330,717,000. Mirova US LLC grew its position in TJX Companies by 164.5% during the second quarter. Mirova US LLC now owns 2,699,156 shares of the apparel and home fashions retailer’s stock valued at $333,319,000 after buying an additional 1,678,665 shares during the period. Amundi grew its position in TJX Companies by 10.2% during the first quarter. Amundi now owns 11,888,455 shares of the apparel and home fashions retailer’s stock valued at $1,489,305,000 after buying an additional 1,104,292 shares during the period. Vanguard Group Inc. grew its position in TJX Companies by 1.1% during the first quarter. Vanguard Group Inc. now owns 100,413,764 shares of the apparel and home fashions retailer’s stock valued at $12,230,396,000 after buying an additional 1,099,129 shares during the period. Finally, Goldman Sachs Group Inc. grew its position in TJX Companies by 17.7% during the first quarter. Goldman Sachs Group Inc. now owns 6,807,714 shares of the apparel and home fashions retailer’s stock valued at $829,180,000 after buying an additional 1,025,329 shares during the period. 91.09% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on TJX shares. Evercore ISI increased their price objective on shares of TJX Companies from $150.00 to $162.00 and gave the stock an “outperform” rating in a research note on Thursday, August 21st. UBS Group upped their target price on shares of TJX Companies from $164.00 to $172.00 and gave the stock a “buy” rating in a report on Thursday, August 21st. Erste Group Bank assumed coverage on shares of TJX Companies in a report on Friday, September 5th. They issued a “buy” rating for the company. Daiwa Capital Markets assumed coverage on shares of TJX Companies in a report on Tuesday, July 8th. They issued an “outperform” rating and a $133.00 target price for the company. Finally, JPMorgan Chase & Co. upped their target price on shares of TJX Companies from $148.00 to $149.00 and gave the stock an “overweight” rating in a report on Monday, October 6th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, TJX Companies has an average rating of “Buy” and a consensus target price of $149.00.

TJX Companies Price Performance

TJX stock opened at $143.91 on Wednesday. The TJX Companies, Inc. has a 52 week low of $111.73 and a 52 week high of $146.46. 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 has a fifty day simple moving average of $140.70 and a two-hundred day simple moving average of $131.95. The firm has a market capitalization of $160.17 billion, a P/E ratio of 32.78, a price-to-earnings-growth ratio of 3.18 and a beta of 0.92.

TJX Companies (NYSE:TJX) last released 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 net margin of 8.59% and a return on equity of 58.63%. The business had revenue of $14.40 billion during the quarter, compared to analyst estimates of $14.12 billion. During the same quarter last year, the business 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 anticipate that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Announces Dividend

The company also recently announced 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 annualized dividend and a dividend yield of 1.2%. TJX Companies’s dividend payout ratio is currently 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.