Allworth Financial LP Increases Position in The TJX Companies, Inc. $TJX

Allworth Financial LP lifted its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 101.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 33,657 shares of the apparel and home fashions retailer’s stock after purchasing an additional 16,909 shares during the period. Allworth Financial LP’s holdings in TJX Companies were worth $4,156,000 at the end of the most recent reporting period.

Other institutional investors and 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 $2,620,000. MinichMacGregor Wealth Management LLC bought a new position in shares of TJX Companies during the second quarter valued at about $5,045,000. Infusive Asset Management Inc. grew its position 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 buying an additional 6,415 shares during the last quarter. ING Groep NV lifted its position in shares of TJX Companies by 10.7% in the 1st quarter. ING Groep NV now owns 159,443 shares of the apparel and home fashions retailer’s stock worth $19,420,000 after purchasing an additional 15,390 shares during the period. Finally, Brooklyn Investment Group boosted its position in TJX Companies by 65.8% during the 1st quarter. Brooklyn Investment Group now owns 7,983 shares of the apparel and home fashions retailer’s stock valued at $972,000 after acquiring an additional 3,168 shares in the last quarter. Institutional investors own 91.09% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have issued reports on TJX. Bank of America lifted their price objective on TJX Companies from $145.00 to $150.00 and gave the company a “buy” rating in a research note on Thursday, August 21st. UBS Group reiterated a “buy” rating and issued a $172.00 price objective on shares of TJX Companies in a research note on Tuesday, November 4th. Weiss Ratings reaffirmed a “buy (b+)” rating on shares of TJX Companies in a research note on Wednesday, October 8th. Wells Fargo & Company set a $140.00 price target on TJX Companies and gave the company an “equal weight” rating in a report on Monday, October 27th. Finally, Evercore ISI lifted their price target on shares of TJX Companies from $150.00 to $162.00 and gave the company an “outperform” rating in a report on Thursday, August 21st. One research 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’s stock. According to data from MarketBeat.com, TJX Companies currently has a consensus rating of “Buy” and an average target price of $151.75.

TJX Companies Price Performance

TJX opened at $146.04 on Wednesday. The TJX Companies, Inc. has a 52-week low of $112.10 and a 52-week high of $147.59. The business has a fifty day moving average of $141.93 and a 200 day moving average of $133.12. The stock has a market cap of $162.53 billion, a P/E ratio of 33.27, a PEG 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 issued its earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 EPS for the quarter, topping analysts’ consensus estimates of $1.01 by $0.09. The business had revenue of $14.40 billion for the quarter, compared to the consensus estimate of $14.12 billion. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. The company’s revenue for the quarter was up 6.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $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. As a group, sell-side analysts anticipate that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Announces Dividend

The firm also recently disclosed 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 dividend on an annualized basis and a dividend yield of 1.2%. TJX Companies’s dividend payout ratio (DPR) is currently 38.72%.

About TJX Companies

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.