Golden State Wealth Management LLC Purchases 486 Shares of The TJX Companies, Inc. $TJX

Golden State Wealth Management LLC increased its position in The TJX Companies, Inc. (NYSE:TJX) by 20.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,811 shares of the apparel and home fashions retailer’s stock after purchasing an additional 486 shares during the period. Golden State Wealth Management LLC’s holdings in TJX Companies were worth $347,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in TJX. TCTC Holdings LLC increased its stake in shares of 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 worth $26,000 after acquiring an additional 145 shares in the last quarter. Princeton Global Asset Management LLC bought a new stake in TJX Companies during the second quarter worth about $28,000. Iron Horse Wealth Management LLC grew its holdings in TJX Companies by 99.3% in the first quarter. Iron Horse Wealth Management LLC now owns 299 shares of the apparel and home fashions retailer’s stock worth $36,000 after purchasing an additional 149 shares during the period. Activest Wealth Management increased its stake in shares of TJX Companies by 4,485.7% during the first quarter. Activest Wealth Management now owns 321 shares of the apparel and home fashions retailer’s stock valued at $39,000 after purchasing an additional 314 shares in the last quarter. Finally, Maseco LLP purchased a new position in shares of TJX Companies during the second quarter valued at approximately $43,000. Hedge funds and other institutional investors own 91.09% of the company’s stock.

TJX Companies Stock Up 0.6%

TJX Companies stock opened at $144.59 on Friday. The firm has a market cap of $160.92 billion, a price-to-earnings ratio of 32.94, a PEG ratio of 3.14 and a beta of 0.90. The stock has a fifty day simple moving average of $141.57 and a two-hundred day simple moving average of $132.74. The TJX Companies, Inc. has a 12 month low of $112.10 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 announced its quarterly earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $14.40 billion for the quarter, compared to the consensus estimate of $14.12 billion. During the same period in the prior year, the company posted $0.96 earnings per share. The company’s quarterly 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. Equities analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 4th. Stockholders of record on Thursday, November 13th will be issued a dividend of $0.425 per share. This represents a $1.70 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Thursday, November 13th. TJX Companies’s dividend payout ratio (DPR) is presently 38.72%.

Wall Street Analyst Weigh In

A number of analysts have recently commented on TJX shares. Telsey Advisory Group reissued an “outperform” rating and issued a $155.00 price target (up from $150.00) on shares of TJX Companies in a research report on Wednesday, August 20th. Evercore ISI lifted their price objective on TJX Companies from $150.00 to $162.00 and gave the company an “outperform” rating in a research note on Thursday, August 21st. Weiss Ratings reissued a “buy (b+)” rating on shares of TJX Companies in a report on Wednesday, October 8th. Macquarie restated a “buy” rating on shares of TJX Companies in a report on Monday, August 11th. Finally, JPMorgan Chase & Co. lifted their price target on TJX Companies from $148.00 to $149.00 and gave the stock an “overweight” rating in a research report on Monday, October 6th. One equities research 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 stock. According to data from MarketBeat.com, the stock 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.