Drucker Wealth 3.0 LLC Acquires New Shares in The TJX Companies, Inc. $TJX

Drucker Wealth 3.0 LLC acquired a new stake in shares of The TJX Companies, Inc. (NYSE:TJX) during the 2nd quarter, Holdings Channel.com reports. The fund acquired 1,805 shares of the apparel and home fashions retailer’s stock, valued at approximately $226,000.

Several other institutional investors also recently modified their holdings of the business. PDS Planning Inc boosted its position in shares of TJX Companies by 5.4% during the second quarter. PDS Planning Inc now owns 7,790 shares of the apparel and home fashions retailer’s stock valued at $962,000 after buying an additional 396 shares during the last quarter. Blue Trust Inc. boosted its position in shares of TJX Companies by 6.4% during the second quarter. Blue Trust Inc. now owns 17,373 shares of the apparel and home fashions retailer’s stock valued at $2,145,000 after buying an additional 1,045 shares during the last quarter. Endeavor Private Wealth Inc. purchased a new position in TJX Companies in the second quarter worth about $203,000. Monument Capital Management boosted its position in TJX Companies by 1.1% in the second quarter. Monument Capital Management now owns 8,511 shares of the apparel and home fashions retailer’s stock worth $1,051,000 after purchasing an additional 91 shares during the last quarter. Finally, Cyndeo Wealth Partners LLC boosted its position in TJX Companies by 4.6% in the second quarter. Cyndeo Wealth Partners LLC now owns 130,498 shares of the apparel and home fashions retailer’s stock worth $16,115,000 after purchasing an additional 5,760 shares during the last quarter. 91.09% of the stock is owned by hedge funds and other institutional investors.

TJX Companies Stock Up 1.3%

Shares of TJX opened at $140.38 on Friday. The company has a current ratio of 1.17, a quick ratio of 0.52 and a debt-to-equity ratio of 0.32. The TJX Companies, Inc. has a 12-month low of $111.73 and a 12-month high of $145.58. The business’s 50 day moving average is $138.07 and its 200 day moving average is $130.17. The company has a market capitalization of $156.23 billion, a PE ratio of 31.98, a price-to-earnings-growth ratio of 3.12 and a beta of 0.92.

TJX Companies (NYSE:TJX) last released its quarterly earnings data on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share (EPS) for the quarter, topping 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 business had revenue of $14.40 billion for the quarter, compared to the consensus estimate of $14.12 billion. During the same quarter in the previous 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. Research analysts expect that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Dividend Announcement

The company 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. 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 payout ratio is 38.72%.

Analyst Upgrades and Downgrades

TJX has been the topic of several research reports. UBS Group raised their target price on TJX Companies from $164.00 to $172.00 and gave the stock a “buy” rating in a research report on Thursday, August 21st. Barclays raised their price objective on TJX Companies from $147.00 to $155.00 and gave the stock an “overweight” rating in a research note on Thursday, August 21st. Daiwa Capital Markets initiated coverage on TJX Companies in a research note on Tuesday, July 8th. They issued an “outperform” rating and a $133.00 price objective on the stock. Robert W. Baird raised their price objective on TJX Companies from $143.00 to $152.00 and gave the stock an “outperform” rating in a research note on Thursday, August 21st. Finally, Macquarie reaffirmed a “buy” rating on shares of TJX Companies in a research note on Monday, August 11th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, TJX Companies currently has an average rating of “Buy” and an average price target of $147.63.

TJX Companies 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.