Schnieders Capital Management LLC Purchases Shares of 1,975 The TJX Companies, Inc. $TJX

Schnieders Capital Management LLC purchased a new stake in The TJX Companies, Inc. (NYSE:TJX) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 1,975 shares of the apparel and home fashions retailer’s stock, valued at approximately $244,000.

Other institutional investors also recently modified their holdings of the company. Pinnacle Financial Partners Inc raised its position in shares of TJX Companies by 2.2% during the first quarter. Pinnacle Financial Partners Inc now owns 387,342 shares of the apparel and home fashions retailer’s stock worth $46,989,000 after purchasing an additional 8,319 shares during the period. FCG Investment Co bought a new stake in TJX Companies during the first quarter worth $2,620,000. MinichMacGregor Wealth Management LLC bought a new stake in TJX Companies during the second quarter worth $5,045,000. Mainstream Capital Management LLC grew its holdings in TJX Companies by 4.3% during the first 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 in the last quarter. Finally, Parr Mcknight Wealth Management Group LLC grew its holdings in TJX Companies by 12.6% during the first 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 in the last quarter. 91.09% of the stock is owned by institutional investors and hedge funds.

TJX Companies Trading Down 0.4%

Shares of TJX Companies stock opened at $143.32 on Tuesday. The TJX Companies, Inc. has a 1 year low of $111.73 and a 1 year high of $146.46. The firm has a market cap of $159.50 billion, a PE ratio of 32.65, a P/E/G ratio of 3.19 and a beta of 0.92. The stock has a fifty day moving average price of $139.55 and a 200-day moving average price of $131.11. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.17 and a quick ratio of 0.52.

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

TJX Companies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 4th. Stockholders of record on Thursday, November 13th will be paid 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 is presently 38.72%.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the company. UBS Group upped their price target on TJX Companies from $164.00 to $172.00 and gave the stock a “buy” rating in a report on Thursday, August 21st. Sanford C. Bernstein upped their price target on TJX Companies from $145.00 to $152.00 and gave the stock an “outperform” rating in a report on Thursday, August 21st. Wall Street Zen upgraded TJX Companies from a “hold” rating to a “buy” rating in a report on Saturday, August 23rd. Erste Group Bank began coverage on TJX Companies in a research report on Friday, September 5th. They set a “buy” rating for the company. Finally, Macquarie reaffirmed a “buy” rating on shares of TJX Companies in a research report on Monday, August 11th. One research analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $148.50.

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.