Crossmark Global Holdings Inc. Cuts Holdings in The TJX Companies, Inc. $TJX

Crossmark Global Holdings Inc. decreased its holdings in The TJX Companies, Inc. (NYSE:TJX) by 0.9% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 262,613 shares of the apparel and home fashions retailer’s stock after selling 2,448 shares during the period. Crossmark Global Holdings Inc.’s holdings in TJX Companies were worth $32,430,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of TJX. FCG Investment Co bought a new position in shares of TJX Companies during the 1st quarter worth approximately $2,620,000. MinichMacGregor Wealth Management LLC purchased a new position in TJX Companies in the second quarter worth $5,045,000. Infusive Asset Management Inc. increased its position in shares of 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 in the last quarter. ING Groep NV increased its position in shares of TJX Companies by 10.7% during the first quarter. ING Groep NV now owns 159,443 shares of the apparel and home fashions retailer’s stock worth $19,420,000 after purchasing an additional 15,390 shares in the last quarter. Finally, Brooklyn Investment Group lifted its holdings in shares of TJX Companies by 65.8% during the 1st 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 last quarter. Institutional investors own 91.09% of the company’s stock.

Wall Street Analysts Forecast Growth

TJX has been the topic of several research analyst reports. Wells Fargo & Company set a $140.00 target price on TJX Companies and gave the stock an “equal weight” rating in a research note on Monday, October 27th. Citigroup boosted their price target on TJX Companies from $140.00 to $160.00 and gave the stock a “buy” rating in a research note on Thursday, August 21st. Wall Street Zen upgraded shares of TJX Companies from a “hold” rating to a “buy” rating in a report on Saturday, August 23rd. Sanford C. Bernstein lifted their target price on shares of TJX Companies from $145.00 to $152.00 and gave the stock an “outperform” rating in a research note on Thursday, August 21st. Finally, Macquarie restated a “buy” rating on shares of TJX Companies in a research note on Monday, August 11th. One analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, TJX Companies presently has a consensus rating of “Buy” and an average target price of $151.75.

TJX Companies Stock Down 0.2%

NYSE:TJX opened at $146.05 on Friday. 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’s fifty day moving average price is $142.33 and its 200-day moving average price is $133.48. The TJX Companies, Inc. has a 1-year low of $112.10 and a 1-year high of $148.11. The firm has a market capitalization of $162.55 billion, a P/E ratio of 33.27, a PEG ratio of 3.14 and a beta of 0.90.

TJX Companies (NYSE:TJX) last posted its quarterly earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 EPS for the quarter, beating the consensus estimate of $1.01 by $0.09. The company had revenue of $14.40 billion for the quarter, compared to analyst estimates of $14.12 billion. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. The firm’s revenue was up 6.9% on a year-over-year basis. During the same period in the prior year, the company earned $0.96 earnings per share. 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, equities research analysts anticipate that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 4th. Investors of record on Thursday, November 13th will be issued a dividend of $0.425 per share. 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 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.