Laffer Tengler Investments Inc. Takes $4.49 Million Position in The TJX Companies, Inc. $TJX

Laffer Tengler Investments Inc. purchased a new position in The TJX Companies, Inc. (NYSE:TJX) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 36,325 shares of the apparel and home fashions retailer’s stock, valued at approximately $4,486,000.

Several other hedge funds and other institutional investors have also modified their holdings of TJX. Revolve Wealth Partners LLC raised its holdings in TJX Companies by 3.3% in the 2nd quarter. Revolve Wealth Partners LLC now owns 2,453 shares of the apparel and home fashions retailer’s stock worth $303,000 after acquiring an additional 79 shares during the period. Roble Belko & Company Inc lifted its position in shares of TJX Companies by 0.3% during the 2nd quarter. Roble Belko & Company Inc now owns 31,478 shares of the apparel and home fashions retailer’s stock worth $3,887,000 after purchasing an additional 82 shares during the last quarter. Knuff & Co LLC boosted its stake in TJX Companies by 8.5% during the 1st quarter. Knuff & Co LLC now owns 1,056 shares of the apparel and home fashions retailer’s stock valued at $129,000 after purchasing an additional 83 shares during the period. 3Chopt Investment Partners LLC grew its holdings in TJX Companies by 1.6% in the 2nd quarter. 3Chopt Investment Partners LLC now owns 5,239 shares of the apparel and home fashions retailer’s stock valued at $647,000 after buying an additional 83 shares during the last quarter. Finally, McLean Asset Management Corp increased its position in TJX Companies by 3.2% in the 2nd quarter. McLean Asset Management Corp now owns 2,746 shares of the apparel and home fashions retailer’s stock worth $344,000 after buying an additional 84 shares during the period. 91.09% of the stock is currently owned by hedge funds and other institutional investors.

TJX Companies Stock Performance

NYSE TJX opened at $144.59 on Monday. The TJX Companies, Inc. has a twelve month low of $112.10 and a twelve month high of $146.46. The company has a quick ratio of 0.52, a current ratio of 1.17 and a debt-to-equity ratio of 0.32. The stock has a market cap of $160.92 billion, a P/E ratio of 32.94, a PEG ratio of 3.14 and a beta of 0.90. The company’s 50-day simple moving average is $141.57 and its 200 day simple moving average is $132.84.

TJX Companies (NYSE:TJX) last announced its quarterly earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 EPS for the quarter, topping analysts’ consensus estimates of $1.01 by $0.09. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. The firm had revenue of $14.40 billion during the quarter, compared to analysts’ expectations of $14.12 billion. During the same quarter last year, the company earned $0.96 earnings per share. The company’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, research analysts forecast that The TJX Companies, Inc. will post 4.18 earnings per share 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. Investors of record on Thursday, November 13th will be paid a $0.425 dividend. The ex-dividend date of this dividend is Thursday, November 13th. This represents a $1.70 annualized dividend and a yield of 1.2%. TJX Companies’s payout ratio is currently 38.72%.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. JPMorgan Chase & Co. raised their price objective on shares of TJX Companies from $148.00 to $149.00 and gave the stock an “overweight” rating in a research note on Monday, October 6th. Sanford C. Bernstein increased their price target on shares of TJX Companies from $145.00 to $152.00 and gave the company an “outperform” rating in a report on Thursday, August 21st. Bank of America boosted their price objective on shares of TJX Companies from $145.00 to $150.00 and gave the stock a “buy” rating in a report on Thursday, August 21st. Barclays upped their price objective on shares of TJX Companies from $147.00 to $155.00 and gave the company an “overweight” rating in a research report on Thursday, August 21st. Finally, Wall Street Zen raised TJX Companies from a “hold” rating to a “buy” rating in a research report on Saturday, August 23rd. One 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, TJX Companies has an average rating of “Buy” and an average target price 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.