Avalon Trust Co Decreases Stock Position in The TJX Companies, Inc. $TJX

Avalon Trust Co trimmed its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 5.2% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 101,705 shares of the apparel and home fashions retailer’s stock after selling 5,607 shares during the quarter. Avalon Trust Co’s holdings in TJX Companies were worth $12,560,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. TCTC Holdings LLC grew its holdings in shares of TJX Companies by 210.1% during the first quarter. TCTC Holdings LLC now owns 214 shares of the apparel and home fashions retailer’s stock worth $26,000 after buying an additional 145 shares in the last quarter. Princeton Global Asset Management LLC acquired a new position in TJX Companies during the second quarter worth about $28,000. Legacy Investment Solutions LLC purchased a new stake in TJX Companies during the 2nd quarter valued at about $32,000. True Wealth Design LLC raised its holdings in TJX Companies by 121.1% in the 2nd quarter. True Wealth Design LLC now owns 272 shares of the apparel and home fashions retailer’s stock valued at $34,000 after acquiring an additional 149 shares during the last quarter. Finally, Activest Wealth Management lifted its stake in TJX Companies by 4,485.7% in the 1st quarter. Activest Wealth Management now owns 321 shares of the apparel and home fashions retailer’s stock worth $39,000 after purchasing an additional 314 shares in the last quarter. Hedge funds and other institutional investors own 91.09% of the company’s stock.

TJX Companies Stock Performance

NYSE:TJX opened at $147.38 on Thursday. The TJX Companies, Inc. has a fifty-two week low of $112.10 and a fifty-two week high of $148.11. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.52 and a current ratio of 1.17. The company has a 50 day moving average price of $142.09 and a 200 day moving average price of $133.22. The stock has a market capitalization of $164.03 billion, a P/E ratio of 33.57, a PEG ratio of 3.14 and a beta of 0.90.

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, topping 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 company had revenue of $14.40 billion for the quarter, compared to analysts’ expectations of $14.12 billion. During the same period in the prior year, the firm earned $0.96 earnings per share. The firm’s revenue was up 6.9% compared to the same quarter last year. 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 forecast that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 4th. Investors 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 is Thursday, November 13th. TJX Companies’s dividend payout ratio (DPR) is 38.72%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on TJX shares. UBS Group restated a “buy” rating and issued a $172.00 price target on shares of TJX Companies in a research report on Tuesday, November 4th. Telsey Advisory Group restated an “outperform” rating and issued a $155.00 target price on shares of TJX Companies in a report on Wednesday. Sanford C. Bernstein raised their target price on TJX Companies from $145.00 to $152.00 and gave the stock an “outperform” rating in a research note on Thursday, August 21st. Macquarie reissued a “buy” rating on shares of TJX Companies in a research report on Monday, August 11th. Finally, Wall Street Zen raised shares of TJX Companies from a “hold” rating to a “buy” rating in a report on Saturday, August 23rd. 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 stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $151.75.

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.