Metis Global Partners LLC Sells 2,877 Shares of The TJX Companies, Inc. $TJX

Metis Global Partners LLC decreased its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 6.0% during the second quarter, Holdings Channel reports. The fund owned 45,016 shares of the apparel and home fashions retailer’s stock after selling 2,877 shares during the period. Metis Global Partners LLC’s holdings in TJX Companies were worth $5,559,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. FCG Investment Co bought a new position in TJX Companies in the first quarter valued at about $2,620,000. MinichMacGregor Wealth Management LLC purchased a new stake in shares of TJX Companies during the 2nd quarter valued at about $5,045,000. Infusive Asset Management Inc. lifted its stake in shares of TJX Companies by 30.1% in the 1st quarter. Infusive Asset Management Inc. now owns 27,730 shares of the apparel and home fashions retailer’s stock worth $3,378,000 after purchasing an additional 6,415 shares during the period. ING Groep NV boosted its holdings in shares of TJX Companies by 10.7% in the first quarter. ING Groep NV now owns 159,443 shares of the apparel and home fashions retailer’s stock worth $19,420,000 after buying an additional 15,390 shares during the last quarter. Finally, Brooklyn Investment Group grew its position in TJX Companies by 65.8% during the first quarter. Brooklyn Investment Group now owns 7,983 shares of the apparel and home fashions retailer’s stock valued at $972,000 after buying an additional 3,168 shares during the period. 91.09% of the stock is currently owned by institutional investors.

TJX Companies Price Performance

NYSE:TJX opened at $144.59 on Friday. The business’s 50-day simple moving average is $141.57 and its two-hundred day simple moving average is $132.79. The TJX Companies, Inc. has a 52 week low of $112.10 and a 52 week high of $146.46. The stock has a market cap of $160.92 billion, a PE ratio of 32.94, a P/E/G ratio of 3.14 and a beta of 0.90. The company has a quick ratio of 0.52, a current ratio of 1.17 and a debt-to-equity ratio of 0.32.

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 for the quarter, topping analysts’ consensus estimates 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 quarterly revenue was up 6.9% compared to the same quarter last year. During the same quarter in the prior year, the company 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. As a group, 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 disclosed a quarterly dividend, which will be paid on Thursday, December 4th. Shareholders of record on Thursday, November 13th will be issued a dividend of $0.425 per share. This represents a $1.70 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Thursday, November 13th. TJX Companies’s dividend payout ratio (DPR) is 38.72%.

Analyst Ratings Changes

Several research firms have weighed in on TJX. Sanford C. Bernstein increased their price target on shares of TJX Companies from $145.00 to $152.00 and gave the stock an “outperform” rating in a research report on Thursday, August 21st. Wells Fargo & Company set a $140.00 target price on TJX Companies and gave the stock an “equal weight” rating in a report on Monday, October 27th. Telsey Advisory Group reiterated an “outperform” rating and set a $155.00 target price (up from $150.00) on shares of TJX Companies in a research report on Wednesday, August 20th. Citigroup upped their price target on TJX Companies from $140.00 to $160.00 and gave the stock a “buy” rating in a research report on Thursday, August 21st. Finally, Erste Group Bank started coverage on TJX Companies in a research note on Friday, September 5th. They issued a “buy” rating on the stock. One investment 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. Based on data from MarketBeat, the stock has an average rating of “Buy” and an average price target of $149.00.

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.