Austin Private Wealth LLC Acquires 134 Shares of The TJX Companies, Inc. $TJX

Austin Private Wealth LLC raised its holdings in The TJX Companies, Inc. (NYSE:TJX) by 5.6% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,540 shares of the apparel and home fashions retailer’s stock after buying an additional 134 shares during the quarter. Austin Private Wealth LLC’s holdings in TJX Companies were worth $314,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in TJX. Nuveen LLC bought a new stake in shares of TJX Companies in the 1st quarter worth approximately $1,330,717,000. Mirova US LLC lifted its stake in shares of 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 valued at $333,319,000 after purchasing an additional 1,678,665 shares during the period. Amundi lifted its stake in shares of 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 valued at $1,489,305,000 after purchasing an additional 1,104,292 shares during the period. Vanguard Group Inc. lifted its stake in shares of 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 valued at $12,230,396,000 after purchasing an additional 1,099,129 shares during the period. Finally, Goldman Sachs Group Inc. lifted its stake in shares of 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 valued at $829,180,000 after purchasing an additional 1,025,329 shares during the period. 91.09% of the stock is currently owned by institutional investors.

TJX Companies Stock Down 1.7%

Shares of NYSE:TJX opened at $141.61 on Thursday. The stock has a fifty day simple moving average of $140.77 and a two-hundred day simple moving average of $132.04. The stock has a market capitalization of $157.61 billion, a price-to-earnings ratio of 32.26, a PEG ratio of 3.19 and a beta of 0.92. The TJX Companies, Inc. has a 12-month low of $111.73 and a 12-month high of $146.46. 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 posted its quarterly 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 during the quarter, compared to analysts’ expectations of $14.12 billion. During the same quarter in the previous year, the business 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 anticipate that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Announces Dividend

The firm also recently declared 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 is Thursday, November 13th. This represents a $1.70 annualized dividend and a dividend yield of 1.2%. TJX Companies’s payout ratio is currently 38.72%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. UBS Group raised their target price on TJX Companies from $164.00 to $172.00 and gave the company a “buy” rating in a research note on Thursday, August 21st. Wall Street Zen upgraded TJX Companies from a “hold” rating to a “buy” rating in a research note on Saturday, August 23rd. Sanford C. Bernstein raised their target price on TJX Companies from $145.00 to $152.00 and gave the company an “outperform” rating in a research note on Thursday, August 21st. Evercore ISI raised their target price on TJX Companies from $150.00 to $162.00 and gave the company an “outperform” rating in a research note on Thursday, August 21st. Finally, Citigroup raised their target price on TJX Companies from $140.00 to $160.00 and gave the company a “buy” rating in a research note on Thursday, August 21st. One research analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, TJX Companies has a consensus rating of “Buy” and an average price target of $149.00.

TJX Companies Company 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.