The TJX Companies, Inc. $TJX Shares Purchased by SouthState Corp

SouthState Corp lifted its holdings in The TJX Companies, Inc. (NYSE:TJX) by 1.9% in the second quarter, HoldingsChannel reports. The firm owned 198,116 shares of the apparel and home fashions retailer’s stock after buying an additional 3,665 shares during the quarter. TJX Companies makes up approximately 1.1% of SouthState Corp’s holdings, making the stock its 21st biggest holding. SouthState Corp’s holdings in TJX Companies were worth $24,465,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently made changes to their positions in the business. Revolve Wealth Partners LLC grew its holdings in shares of TJX Companies by 3.3% in the second quarter. Revolve Wealth Partners LLC now owns 2,453 shares of the apparel and home fashions retailer’s stock valued at $303,000 after purchasing an additional 79 shares in the last quarter. Roble Belko & Company Inc lifted its stake in TJX Companies by 0.3% in the second quarter. Roble Belko & Company Inc now owns 31,478 shares of the apparel and home fashions retailer’s stock worth $3,887,000 after acquiring an additional 82 shares during the last quarter. Knuff & Co LLC lifted its stake in TJX Companies by 8.5% in the first quarter. Knuff & Co LLC now owns 1,056 shares of the apparel and home fashions retailer’s stock worth $129,000 after acquiring an additional 83 shares during the last quarter. 3Chopt Investment Partners LLC lifted its stake in TJX Companies by 1.6% in the second quarter. 3Chopt Investment Partners LLC now owns 5,239 shares of the apparel and home fashions retailer’s stock worth $647,000 after acquiring an additional 83 shares during the last quarter. Finally, McLean Asset Management Corp lifted its stake in TJX Companies by 3.2% in the second quarter. McLean Asset Management Corp now owns 2,746 shares of the apparel and home fashions retailer’s stock worth $344,000 after acquiring an additional 84 shares during the last quarter. Institutional investors and hedge funds own 91.09% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the stock. Wall Street Zen upgraded shares of TJX Companies from a “hold” rating to a “buy” rating in a research note on Saturday, August 23rd. Weiss Ratings reiterated a “buy (b+)” rating on shares of TJX Companies in a research note on Wednesday, October 8th. Bank of America lifted their price target on shares of TJX Companies from $145.00 to $150.00 and gave the stock a “buy” rating in a research note on Thursday, August 21st. BTIG Research assumed coverage on shares of TJX Companies in a research note on Tuesday, October 14th. They issued a “buy” rating and a $165.00 price target for the company. Finally, Wells Fargo & Company set a $140.00 price target on shares of TJX Companies and gave the stock an “equal weight” rating in a research note on Monday, October 27th. One 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 stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $149.00.

TJX Companies Stock Up 1.1%

Shares of NYSE:TJX opened at $143.68 on Thursday. The company has a market capitalization of $159.91 billion, a PE ratio of 32.73, a P/E/G ratio of 3.14 and a beta of 0.90. 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 TJX Companies, Inc. has a twelve month low of $112.10 and a twelve month high of $146.46. The firm has a 50 day simple moving average of $141.28 and a 200-day simple moving average of $132.52.

TJX Companies (NYSE:TJX) last issued its quarterly earnings data 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 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 the consensus estimate of $14.12 billion. During the same quarter in the previous year, the firm earned $0.96 EPS. The company’s 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. On average, equities analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 4th. Investors 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 yield of 1.2%. TJX Companies’s dividend 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.