Adell Harriman & Carpenter Inc. Has $1.70 Million Stake in The TJX Companies, Inc. $TJX

Adell Harriman & Carpenter Inc. grew its holdings in The TJX Companies, Inc. (NYSE:TJX) by 261.9% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 13,799 shares of the apparel and home fashions retailer’s stock after purchasing an additional 9,986 shares during the quarter. Adell Harriman & Carpenter Inc.’s holdings in TJX Companies were worth $1,704,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the business. TCTC Holdings LLC increased its position 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 acquiring an additional 145 shares in the last quarter. Princeton Global Asset Management LLC bought a new stake in shares of TJX Companies during the second quarter valued at approximately $28,000. Atlantic Edge Private Wealth Management LLC increased its holdings 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 purchasing an additional 110 shares in the last quarter. Iron Horse Wealth Management LLC lifted its holdings in TJX Companies by 99.3% during the 1st quarter. Iron Horse Wealth Management LLC now owns 299 shares of the apparel and home fashions retailer’s stock worth $36,000 after buying an additional 149 shares in the last quarter. Finally, Activest Wealth Management boosted its position in 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 last quarter. 91.09% of the stock is owned by institutional investors.

TJX Companies Price Performance

Shares of TJX opened at $141.61 on Thursday. The company has a current ratio of 1.17, a quick ratio of 0.52 and a debt-to-equity ratio of 0.32. The company’s fifty day simple moving average is $140.77 and its 200 day simple moving average is $132.04. The TJX Companies, Inc. has a 1-year low of $111.73 and a 1-year high of $146.46. The company has a market cap of $157.61 billion, a price-to-earnings ratio of 32.26, a PEG ratio of 3.19 and a beta of 0.92.

TJX Companies (NYSE:TJX) last posted its earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share for the quarter, topping analysts’ consensus estimates of $1.01 by $0.09. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.The company had revenue of $14.40 billion during the quarter, compared to the consensus estimate of $14.12 billion. During the same quarter last year, the firm earned $0.96 earnings per share. The company’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, research analysts forecast that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Dividend Announcement

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 given a $0.425 dividend. The ex-dividend date is Thursday, November 13th. This represents a $1.70 annualized dividend and a dividend yield of 1.2%. TJX Companies’s payout ratio is presently 38.72%.

Analyst Ratings Changes

TJX has been the subject of a number of recent research reports. Sanford C. Bernstein boosted their target price on TJX Companies from $145.00 to $152.00 and gave the stock an “outperform” rating in a research report on Thursday, August 21st. Morgan Stanley lifted their price objective on TJX Companies from $140.00 to $150.00 and gave the stock an “overweight” rating in a research report on Thursday, August 21st. JPMorgan Chase & Co. upped their target price on shares of 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 began coverage on shares of TJX Companies in a research report on Tuesday, July 8th. They set an “outperform” rating and a $133.00 price target for the company. Finally, Macquarie restated a “buy” rating on shares of TJX Companies in a report on Monday, August 11th. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $149.00.

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.