Exencial Wealth Advisors LLC Has $3.60 Million Stock Holdings in The TJX Companies, Inc. $TJX

Exencial Wealth Advisors LLC cut its stake in The TJX Companies, Inc. (NYSE:TJX) by 4.6% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 29,124 shares of the apparel and home fashions retailer’s stock after selling 1,416 shares during the period. Exencial Wealth Advisors LLC’s holdings in TJX Companies were worth $3,596,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. D.A. Davidson & CO. raised its holdings in TJX Companies by 2.9% in the 2nd quarter. D.A. Davidson & CO. now owns 52,639 shares of the apparel and home fashions retailer’s stock valued at $6,500,000 after acquiring an additional 1,465 shares in the last quarter. Cullen Frost Bankers Inc. raised its holdings in TJX Companies by 2.8% in the 2nd quarter. Cullen Frost Bankers Inc. now owns 149,579 shares of the apparel and home fashions retailer’s stock valued at $18,471,000 after acquiring an additional 4,109 shares in the last quarter. Argonautica Private Wealth Management Inc. raised its holdings in TJX Companies by 14.5% in the 2nd quarter. Argonautica Private Wealth Management Inc. now owns 12,124 shares of the apparel and home fashions retailer’s stock valued at $1,497,000 after acquiring an additional 1,538 shares in the last quarter. Klingman & Associates LLC increased its stake in shares of TJX Companies by 11.0% in the 2nd quarter. Klingman & Associates LLC now owns 14,807 shares of the apparel and home fashions retailer’s stock valued at $1,829,000 after purchasing an additional 1,471 shares during the last quarter. Finally, Pittenger & Anderson Inc. lifted its position in shares of TJX Companies by 4.5% during the 2nd quarter. Pittenger & Anderson Inc. now owns 226,542 shares of the apparel and home fashions retailer’s stock worth $27,976,000 after buying an additional 9,655 shares during the last quarter. 91.09% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts recently weighed in on the company. Evercore ISI raised their price objective on TJX Companies from $150.00 to $162.00 and gave the company an “outperform” rating in a research note on Thursday, August 21st. BTIG Research initiated coverage on TJX Companies in a research report on Tuesday, October 14th. They set a “buy” rating and a $165.00 price objective on the stock. Sanford C. Bernstein boosted their price objective on TJX Companies from $145.00 to $152.00 and gave the stock an “outperform” rating in a research report on Thursday, August 21st. Daiwa Capital Markets initiated coverage on TJX Companies in a research report on Tuesday, July 8th. They set an “outperform” rating and a $133.00 price objective on the stock. Finally, Morgan Stanley boosted their price objective on TJX Companies from $140.00 to $150.00 and gave the stock an “overweight” rating in a research report on Thursday, August 21st. One analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and one has issued 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 $148.50.

TJX Companies Trading Down 0.6%

NYSE TJX opened at $142.99 on Thursday. The business’s 50-day moving average price is $139.94 and its two-hundred day moving average price is $131.28. The TJX Companies, Inc. has a 12 month low of $111.73 and a 12 month high of $146.46. The firm has a market capitalization of $159.14 billion, a PE ratio of 32.57, a price-to-earnings-growth ratio of 3.19 and a beta of 0.92. The company has a current ratio of 1.17, a quick ratio of 0.52 and a debt-to-equity ratio of 0.32.

TJX Companies (NYSE:TJX) last released its quarterly earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 EPS for the quarter, beating 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 firm had revenue of $14.40 billion for the quarter, compared to analyst estimates of $14.12 billion. During the same quarter in the previous year, the company posted $0.96 EPS. The business’s revenue was up 6.9% on a year-over-year basis. 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, analysts expect that The TJX Companies, Inc. will post 4.18 EPS for the current 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. This represents a $1.70 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Thursday, November 13th. TJX Companies’s payout ratio 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.