Massachusetts Financial Services Co. MA Raises Holdings in The TJX Companies, Inc. $TJX

Massachusetts Financial Services Co. MA grew its stake in The TJX Companies, Inc. (NYSE:TJX) by 15.5% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 2,561,515 shares of the apparel and home fashions retailer’s stock after buying an additional 343,107 shares during the quarter. Massachusetts Financial Services Co. MA’s holdings in TJX Companies were worth $316,321,000 as of its most recent filing with the SEC.

Other large investors have also recently made changes to their positions in the company. TCTC Holdings LLC lifted its stake in 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 during the last quarter. Princeton Global Asset Management LLC purchased a new stake in shares of TJX Companies in the 2nd quarter valued at approximately $28,000. Legacy Investment Solutions LLC acquired a new stake in shares of TJX Companies in the 2nd quarter valued at $32,000. True Wealth Design LLC lifted its position in shares of TJX Companies by 121.1% during the 2nd quarter. True Wealth Design LLC now owns 272 shares of the apparel and home fashions retailer’s stock worth $34,000 after purchasing an additional 149 shares during the last quarter. Finally, Activest Wealth Management grew its stake in shares of TJX Companies by 4,485.7% during the first quarter. Activest Wealth Management now owns 321 shares of the apparel and home fashions retailer’s stock worth $39,000 after purchasing an additional 314 shares in the last quarter. 91.09% of the stock is currently owned by hedge funds and other institutional investors.

TJX Companies Trading Down 0.2%

TJX opened at $146.05 on Friday. 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 TJX Companies, Inc. has a 52 week low of $112.10 and a 52 week high of $148.11. The business’s 50 day moving average is $142.33 and its two-hundred day moving average is $133.48. The firm has a market cap of $162.55 billion, a price-to-earnings ratio of 33.27, a price-to-earnings-growth ratio of 3.14 and a beta of 0.90.

TJX Companies (NYSE:TJX) last posted its quarterly earnings data on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share for the quarter, beating the consensus estimate of $1.01 by $0.09. The business had revenue of $14.40 billion during 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 company’s revenue was up 6.9% compared to the same quarter last year. 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. On average, research analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 4th. Shareholders of record on Thursday, November 13th will be given 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 presently 38.72%.

Analysts Set New Price Targets

A number of brokerages have issued reports on TJX. Barclays lifted their price target on TJX Companies from $147.00 to $155.00 and gave the stock an “overweight” rating in a report on Thursday, August 21st. TD Cowen raised 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, November 10th. Bank of America upped their price target on TJX Companies from $145.00 to $150.00 and gave the company a “buy” rating in a report on Thursday, August 21st. Wells Fargo & Company set a $140.00 price target on shares of TJX Companies and gave the company an “equal weight” rating in a research note on Monday, October 27th. Finally, Wall Street Zen upgraded shares of TJX Companies from a “hold” rating to a “buy” rating in a research report on Saturday, August 23rd. One research 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. According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price 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.