Klingman & Associates LLC Raises Position in The TJX Companies, Inc. $TJX

Klingman & Associates LLC raised its position in The TJX Companies, Inc. (NYSE:TJX) by 11.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,807 shares of the apparel and home fashions retailer’s stock after buying an additional 1,471 shares during the quarter. Klingman & Associates LLC’s holdings in TJX Companies were worth $1,829,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the company. Pinnacle Financial Partners Inc boosted its holdings in TJX Companies by 2.2% in the 1st quarter. Pinnacle Financial Partners Inc now owns 387,342 shares of the apparel and home fashions retailer’s stock worth $46,989,000 after buying an additional 8,319 shares during the period. FCG Investment Co bought a new position in TJX Companies in the 1st quarter worth approximately $2,620,000. MinichMacGregor Wealth Management LLC bought a new position in TJX Companies in the 2nd quarter worth approximately $5,045,000. Mainstream Capital Management LLC boosted its holdings in TJX Companies by 4.3% in the 1st quarter. Mainstream Capital Management LLC now owns 12,450 shares of the apparel and home fashions retailer’s stock worth $1,516,000 after buying an additional 515 shares during the period. Finally, Parr Mcknight Wealth Management Group LLC boosted its holdings in TJX Companies by 12.6% in the 1st quarter. Parr Mcknight Wealth Management Group LLC now owns 40,840 shares of the apparel and home fashions retailer’s stock worth $4,974,000 after buying an additional 4,579 shares during the period. 91.09% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on TJX shares. BTIG Research initiated coverage on shares of TJX Companies in a report on Tuesday, October 14th. They issued a “buy” rating and a $165.00 price objective for the company. Telsey Advisory Group reissued an “outperform” rating and issued a $155.00 price target (up from $150.00) on shares of TJX Companies in a report on Wednesday, August 20th. Weiss Ratings reissued a “buy (b+)” rating on shares of TJX Companies in a report on Wednesday, October 8th. Barclays raised their price target on shares of TJX Companies from $147.00 to $155.00 and gave the company an “overweight” rating in a report on Thursday, August 21st. Finally, Macquarie reissued a “buy” rating on shares of TJX Companies in a report 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, the stock has a consensus rating of “Buy” and an average price target of $148.50.

TJX Companies Stock Performance

TJX Companies stock opened at $143.32 on Tuesday. The firm’s fifty day moving average price is $139.55 and its 200-day moving average price is $131.11. 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 stock has a market cap of $159.50 billion, a P/E ratio of 32.65, a price-to-earnings-growth ratio of 3.19 and a beta of 0.92. The TJX Companies, Inc. has a fifty-two week low of $111.73 and a fifty-two week high of $146.46.

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 firm had revenue of $14.40 billion for the quarter, compared to analysts’ expectations of $14.12 billion. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. The business’s quarterly revenue was up 6.9% on a year-over-year basis. During the same quarter last year, the company posted $0.96 EPS. 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, equities research analysts expect that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 4th. Stockholders 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 annualized dividend and a dividend yield of 1.2%. TJX Companies’s dividend payout ratio (DPR) is 38.72%.

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.