Huntington National Bank Boosts Position in The TJX Companies, Inc. $TJX

Huntington National Bank increased its stake in The TJX Companies, Inc. (NYSE:TJX) by 17.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 664,826 shares of the apparel and home fashions retailer’s stock after buying an additional 97,525 shares during the period. Huntington National Bank’s holdings in TJX Companies were worth $82,099,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in TJX. FCG Investment Co acquired a new position in shares of TJX Companies during the 1st quarter valued at about $2,620,000. MinichMacGregor Wealth Management LLC acquired a new position in shares of TJX Companies during the 2nd quarter valued at about $5,045,000. Parr Mcknight Wealth Management Group LLC raised its holdings in TJX Companies by 12.6% in the 1st quarter. Parr Mcknight Wealth Management Group LLC now owns 40,840 shares of the apparel and home fashions retailer’s stock valued at $4,974,000 after buying an additional 4,579 shares during the period. Infusive Asset Management Inc. raised its holdings in TJX Companies by 30.1% in the 1st quarter. Infusive Asset Management Inc. now owns 27,730 shares of the apparel and home fashions retailer’s stock valued at $3,378,000 after buying an additional 6,415 shares during the period. Finally, Crossmark Global Holdings Inc. increased its stake in TJX Companies by 2.2% during the first quarter. Crossmark Global Holdings Inc. now owns 265,061 shares of the apparel and home fashions retailer’s stock worth $32,284,000 after purchasing an additional 5,622 shares during the period. Hedge funds and other institutional investors own 91.09% of the company’s stock.

TJX Companies Stock Performance

TJX Companies stock opened at $140.27 on Tuesday. The stock’s 50 day moving average price is $141.04 and its 200 day moving average price is $132.34. The firm has a market capitalization of $156.11 billion, a PE ratio of 31.95, a price-to-earnings-growth ratio of 3.14 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 TJX Companies, Inc. has a one year low of $111.73 and a one year high of $146.46.

TJX Companies (NYSE:TJX) last posted its quarterly earnings data on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share (EPS) 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 company had revenue of $14.40 billion for the quarter, compared to the consensus estimate of $14.12 billion. During the same period in the previous year, the business earned $0.96 EPS. TJX Companies’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. As a group, sell-side analysts expect that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal 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 issued 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 dividend payout ratio is 38.72%.

Analyst Ratings Changes

TJX has been the topic of a number of recent research reports. Evercore ISI upped their target price 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. Wall Street Zen raised TJX Companies from a “hold” rating to a “buy” rating in a report on Saturday, August 23rd. Bank of America upped their price target on TJX Companies from $145.00 to $150.00 and gave the stock a “buy” rating in a research note on Thursday, August 21st. Daiwa America upgraded TJX Companies to a “strong-buy” rating in a research note on Tuesday, July 8th. Finally, Wells Fargo & Company set a $140.00 price objective on TJX Companies and gave the stock an “equal weight” rating in a research report on Monday, October 27th. One research analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of $149.00.

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.