PNC Financial Services Group Inc. Has $224.04 Million Stock Position in The TJX Companies, Inc. $TJX

PNC Financial Services Group Inc. increased its position in The TJX Companies, Inc. (NYSE:TJX) by 0.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,814,216 shares of the apparel and home fashions retailer’s stock after purchasing an additional 11,934 shares during the quarter. PNC Financial Services Group Inc. owned approximately 0.16% of TJX Companies worth $224,037,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the stock. TCTC Holdings LLC increased its holdings in shares of TJX Companies by 210.1% in the first 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 position in shares of TJX Companies during the 2nd quarter worth approximately $28,000. Legacy Investment Solutions LLC bought a new stake in TJX Companies in the 2nd quarter valued at $32,000. True Wealth Design LLC boosted its holdings in TJX Companies by 121.1% in the 2nd quarter. True Wealth Design LLC now owns 272 shares of the apparel and home fashions retailer’s stock valued at $34,000 after purchasing an additional 149 shares during the period. Finally, Activest Wealth Management raised its stake in TJX Companies by 4,485.7% in 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. Institutional investors and hedge funds own 91.09% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on TJX. Weiss Ratings reaffirmed a “buy (b+)” rating on shares of TJX Companies in a research note on Wednesday, October 8th. TD Cowen upped their target price on TJX Companies from $160.00 to $162.00 and gave the stock a “buy” rating in a research report on Monday. Morgan Stanley raised their price objective on TJX Companies from $140.00 to $150.00 and gave the company an “overweight” rating in a research note on Thursday, August 21st. Wells Fargo & Company set a $140.00 price target on TJX Companies and gave the company an “equal weight” rating in a research report on Monday, October 27th. Finally, Telsey Advisory Group reissued an “outperform” rating and issued a $155.00 price objective (up previously from $150.00) on shares of TJX Companies in a research report on Wednesday, August 20th. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, TJX Companies presently has an average rating of “Buy” and a consensus target price of $151.75.

TJX Companies Stock Down 0.5%

TJX stock opened at $146.04 on Wednesday. The company’s 50 day moving average is $141.93 and its 200 day moving average is $133.12. The stock has a market cap of $162.53 billion, a price-to-earnings ratio of 33.27, a price-to-earnings-growth 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 1-year low of $112.10 and a 1-year high of $147.59.

TJX Companies (NYSE:TJX) last released 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. The business had revenue of $14.40 billion during the quarter, compared to analysts’ expectations of $14.12 billion. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. The business’s quarterly revenue was up 6.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.96 EPS. TJX Companies has set its FY 2026 guidance at 4.520-4.570 EPS. Q3 2026 guidance at 1.170-1.190 EPS. Sell-side analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Announces Dividend

The company also recently announced 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 dividend on an annualized basis and a yield of 1.2%. TJX Companies’s payout ratio is presently 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.