Evelyn Partners Investment Management LLP Has $19.42 Million Holdings in The TJX Companies, Inc. $TJX

Evelyn Partners Investment Management LLP boosted its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 783.5% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 159,356 shares of the apparel and home fashions retailer’s stock after buying an additional 141,320 shares during the period. TJX Companies makes up approximately 0.9% of Evelyn Partners Investment Management LLP’s investment portfolio, making the stock its 24th largest position. Evelyn Partners Investment Management LLP’s holdings in TJX Companies were worth $19,416,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. AXQ Capital LP acquired a new position in shares of TJX Companies in the 2nd quarter valued at approximately $1,571,000. Cooper Haims Advisors LLC bought a new position in TJX Companies in the second quarter valued at approximately $205,000. Journey Strategic Wealth LLC raised its position in TJX Companies by 27.4% during the second quarter. Journey Strategic Wealth LLC now owns 12,024 shares of the apparel and home fashions retailer’s stock valued at $1,485,000 after purchasing an additional 2,587 shares in the last quarter. Archer Investment Corp lifted its stake in TJX Companies by 1,135.4% during the second quarter. Archer Investment Corp now owns 2,236 shares of the apparel and home fashions retailer’s stock worth $276,000 after purchasing an additional 2,055 shares during the last quarter. Finally, MAI Capital Management boosted its holdings in shares of TJX Companies by 1.5% in the 2nd quarter. MAI Capital Management now owns 135,116 shares of the apparel and home fashions retailer’s stock valued at $16,685,000 after purchasing an additional 2,058 shares in the last quarter. 91.09% of the stock is owned by institutional investors.

Analyst Ratings Changes

TJX has been the subject of a number of research analyst reports. Robert W. Baird set a $160.00 price target on TJX Companies and gave the stock an “outperform” rating in a report on Thursday. Erste Group Bank began coverage on TJX Companies in a research report on Friday, September 5th. They issued a “buy” rating on the stock. Bank of America increased their target price on shares of TJX Companies from $150.00 to $168.00 and gave the stock a “buy” rating in a report on Thursday. JPMorgan Chase & Co. raised their price target on shares of TJX Companies from $150.00 to $154.00 and gave the company an “overweight” rating in a research note on Thursday. Finally, The Goldman Sachs Group lifted their price target on shares of TJX Companies from $163.00 to $170.00 and gave the company a “buy” rating in a report on Thursday. One analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and one has given a Hold rating to the company. According to MarketBeat, TJX Companies has an average rating of “Buy” and an average price target of $158.90.

Insider Activity

In other news, CEO Ernie Herrman sold 24,363 shares of the stock in a transaction dated Friday, November 21st. The stock was sold at an average price of $151.31, for a total value of $3,686,365.53. Following the completion of the sale, the chief executive officer owned 510,780 shares of the company’s stock, valued at approximately $77,286,121.80. This represents a 4.55% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Amy B. Lane sold 500 shares of the firm’s stock in a transaction dated Friday, November 21st. The stock was sold at an average price of $151.40, for a total value of $75,700.00. Following the transaction, the director owned 22,212 shares of the company’s stock, valued at $3,362,896.80. This trade represents a 2.20% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 54,863 shares of company stock valued at $8,226,366. Insiders own 0.13% of the company’s stock.

TJX Companies Stock Up 2.3%

NYSE:TJX opened at $151.46 on Friday. The TJX Companies, Inc. has a one year low of $112.10 and a one year high of $152.58. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.17 and a quick ratio of 0.52. The company has a market cap of $168.57 billion, a PE ratio of 34.50, a P/E/G ratio of 3.14 and a beta of 0.90. The firm’s 50 day simple moving average is $143.04 and its 200 day simple moving average is $134.10.

TJX Companies (NYSE:TJX) last issued its quarterly earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 EPS for the quarter, topping analysts’ consensus estimates of $1.22 by $0.06. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. The company had revenue of $15.12 billion for the quarter, compared to analyst estimates of $14.80 billion. During the same quarter in the previous year, the business earned $1.14 earnings per share. TJX Companies’s revenue was up 7.5% compared to the same quarter last year. TJX Companies has set its Q4 2026 guidance at 1.330-1.360 EPS. FY 2026 guidance at 4.630-4.660 EPS. On average, research analysts anticipate that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Dividend Announcement

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 1.1%. The ex-dividend date is Thursday, November 13th. TJX Companies’s payout ratio is 38.72%.

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.