The TJX Companies, Inc. $TJX Shares Bought by MJP Associates Inc. ADV

MJP Associates Inc. ADV lifted its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 15.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,084 shares of the apparel and home fashions retailer’s stock after acquiring an additional 406 shares during the quarter. MJP Associates Inc. ADV’s holdings in TJX Companies were worth $381,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. TCTC Holdings LLC raised its holdings in TJX Companies by 210.1% during the 1st quarter. TCTC Holdings LLC now owns 214 shares of the apparel and home fashions retailer’s stock worth $26,000 after buying an additional 145 shares during the period. Princeton Global Asset Management LLC acquired a new stake in shares of TJX Companies during the second quarter valued at approximately $28,000. Legacy Investment Solutions LLC purchased a new stake in shares of TJX Companies in the 2nd quarter valued at approximately $32,000. True Wealth Design LLC boosted its stake 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 worth $34,000 after purchasing an additional 149 shares during the period. Finally, Activest Wealth Management grew its position in TJX Companies by 4,485.7% during the 1st 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 owned by institutional investors and hedge funds.

TJX Companies Trading Down 0.2%

NYSE:TJX opened at $146.05 on Friday. 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. The stock’s 50 day moving average price is $142.33 and its 200 day moving average price is $133.48. 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 52 week low of $112.10 and a 52 week high of $148.11.

TJX Companies (NYSE:TJX) last posted its earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 EPS for the quarter, topping the consensus estimate of $1.01 by $0.09. The company had revenue of $14.40 billion during the quarter, compared to the consensus estimate of $14.12 billion. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. The company’s revenue for the quarter was up 6.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $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 forecast that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 4th. Shareholders of record on Thursday, November 13th will be given a $0.425 dividend. The ex-dividend date of this dividend is Thursday, November 13th. This represents a $1.70 dividend on an annualized basis and a dividend yield of 1.2%. TJX Companies’s payout ratio is currently 38.72%.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. TD Cowen increased their target price on TJX Companies from $160.00 to $162.00 and gave the company a “buy” rating in a report on Monday, November 10th. UBS Group reissued a “buy” rating and issued a $172.00 price objective on shares of TJX Companies in a research note on Tuesday, November 4th. Wall Street Zen upgraded TJX Companies from a “hold” rating to a “buy” rating in a research report on Saturday, August 23rd. Telsey Advisory Group reiterated an “outperform” rating and issued a $155.00 target price on shares of TJX Companies in a report on Wednesday. Finally, JPMorgan Chase & Co. raised their price target on shares of TJX Companies from $148.00 to $149.00 and gave the stock an “overweight” rating in a report on Monday, October 6th. One 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’s stock. According to data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of $151.75.

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.