Nixon Peabody Trust Co. Sells 1,028 Shares of The TJX Companies, Inc. $TJX

Nixon Peabody Trust Co. reduced its position in The TJX Companies, Inc. (NYSE:TJX) by 0.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 130,846 shares of the apparel and home fashions retailer’s stock after selling 1,028 shares during the quarter. TJX Companies makes up about 1.3% of Nixon Peabody Trust Co.’s investment portfolio, making the stock its 24th largest holding. Nixon Peabody Trust Co.’s holdings in TJX Companies were worth $16,158,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Hibernia Wealth Partners LLC bought a new position in TJX Companies in the 2nd quarter worth $298,000. Intrua Financial LLC lifted its position in shares of TJX Companies by 37.2% in the second quarter. Intrua Financial LLC now owns 5,633 shares of the apparel and home fashions retailer’s stock valued at $696,000 after acquiring an additional 1,528 shares in the last quarter. W.H. Cornerstone Investments Inc. lifted its position in shares of TJX Companies by 2.9% in the second quarter. W.H. Cornerstone Investments Inc. now owns 3,937 shares of the apparel and home fashions retailer’s stock valued at $486,000 after acquiring an additional 111 shares in the last quarter. Thompson Davis & CO. Inc. boosted its stake in shares of TJX Companies by 56.1% in the second quarter. Thompson Davis & CO. Inc. now owns 5,425 shares of the apparel and home fashions retailer’s stock worth $670,000 after acquiring an additional 1,950 shares during the period. Finally, D Orazio & Associates Inc. grew its position in shares of TJX Companies by 7.4% during the second quarter. D Orazio & Associates Inc. now owns 2,282 shares of the apparel and home fashions retailer’s stock worth $282,000 after purchasing an additional 157 shares in the last quarter. 91.09% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts have weighed in on TJX shares. BTIG Research assumed coverage on TJX Companies in a research note on Tuesday, October 14th. They issued a “buy” rating and a $165.00 price target for the company. Erste Group Bank assumed coverage on shares of TJX Companies in a research note on Friday, September 5th. They issued a “buy” rating on the stock. Citigroup raised their price objective on TJX Companies from $140.00 to $160.00 and gave the company a “buy” rating in a research report on Thursday, August 21st. Telsey Advisory Group reaffirmed an “outperform” rating and set a $155.00 target price on shares of TJX Companies in a research report on Wednesday. Finally, UBS Group reaffirmed a “buy” rating and issued a $172.00 price objective on shares of TJX Companies in a report on Tuesday, November 4th. One research analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $151.75.

TJX Companies Stock Down 0.7%

Shares of TJX opened at $146.54 on Friday. The stock has a market capitalization of $163.09 billion, a PE ratio of 33.38, a P/E/G ratio of 3.14 and a beta of 0.90. 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 1 year low of $112.10 and a 1 year high of $148.11. The company’s 50-day simple moving average is $142.20 and its 200-day simple moving average is $133.31.

TJX Companies (NYSE:TJX) last released its quarterly earnings data on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 EPS for the quarter, beating analysts’ consensus estimates of $1.01 by $0.09. The business had revenue of $14.40 billion for the quarter, compared to the consensus estimate of $14.12 billion. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.The business’s revenue for the quarter was up 6.9% on a year-over-year basis. During the same quarter in the prior year, the business posted $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. Analysts forecast that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Announces Dividend

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 paid a dividend of $0.425 per share. 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 dividend payout ratio is currently 38.72%.

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.