Truepoint Inc. Invests $203,000 in The TJX Companies, Inc. $TJX

Truepoint Inc. bought a new stake in The TJX Companies, Inc. (NYSE:TJX) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 1,646 shares of the apparel and home fashions retailer’s stock, valued at approximately $203,000.

A number of other large investors have also recently bought and sold shares of TJX. FCG Investment Co acquired a new position in shares of TJX Companies during the 1st quarter worth approximately $2,620,000. MinichMacGregor Wealth Management LLC acquired a new stake in TJX Companies during the 2nd quarter valued at $5,045,000. Infusive Asset Management Inc. boosted its position in TJX Companies by 30.1% during the first quarter. Infusive Asset Management Inc. now owns 27,730 shares of the apparel and home fashions retailer’s stock worth $3,378,000 after purchasing an additional 6,415 shares during the period. ING Groep NV increased its holdings in shares of TJX Companies by 10.7% in the first quarter. ING Groep NV now owns 159,443 shares of the apparel and home fashions retailer’s stock valued at $19,420,000 after purchasing an additional 15,390 shares during the last quarter. Finally, Brooklyn Investment Group raised its position in shares of TJX Companies by 65.8% in the first quarter. Brooklyn Investment Group now owns 7,983 shares of the apparel and home fashions retailer’s stock valued at $972,000 after purchasing an additional 3,168 shares during the period. Institutional investors and hedge funds own 91.09% of the company’s stock.

TJX Companies Trading Down 0.2%

Shares of NYSE:TJX opened at $146.05 on Friday. The business’s 50 day simple moving average is $142.33 and its 200 day simple moving average is $133.44. The TJX Companies, Inc. has a 1 year low of $112.10 and a 1 year high of $148.11. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.17 and a quick ratio of 0.52. The company has a market capitalization of $162.55 billion, a P/E ratio of 33.27, a P/E/G ratio of 3.14 and a beta of 0.90.

TJX Companies (NYSE:TJX) last released its earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share 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 during the quarter, compared to the consensus estimate of $14.12 billion. During the same period in the prior year, the company posted $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, research analysts anticipate 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. Shareholders of record on Thursday, November 13th will be issued a $0.425 dividend. This represents a $1.70 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Thursday, November 13th. TJX Companies’s dividend payout ratio (DPR) is currently 38.72%.

Analyst Upgrades and Downgrades

TJX has been the subject of several research analyst reports. Evercore ISI lifted their target price on shares of TJX Companies from $150.00 to $162.00 and gave the stock an “outperform” rating in a report on Thursday, August 21st. Robert W. Baird boosted their price objective on TJX Companies from $143.00 to $152.00 and gave the stock an “outperform” rating in a report on Thursday, August 21st. Weiss Ratings reaffirmed a “buy (b+)” rating on shares of TJX Companies in a research report on Wednesday, October 8th. Wall Street Zen raised TJX Companies from a “hold” rating to a “buy” rating in a report on Saturday, August 23rd. Finally, Jefferies Financial Group restated a “buy” rating and issued a $170.00 price target on shares of TJX Companies in a research note on Tuesday. One equities 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.com, the stock presently has an average rating of “Buy” and a consensus price target of $151.75.

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.