AlphaCore Capital LLC Grows Stock Holdings in The TJX Companies, Inc. $TJX

AlphaCore Capital LLC increased its holdings in The TJX Companies, Inc. (NYSE:TJX) by 24.4% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 8,654 shares of the apparel and home fashions retailer’s stock after buying an additional 1,698 shares during the period. AlphaCore Capital LLC’s holdings in TJX Companies were worth $1,069,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Ignite Planners LLC grew its position in TJX Companies by 3.8% in the second quarter. Ignite Planners LLC now owns 2,130 shares of the apparel and home fashions retailer’s stock worth $260,000 after acquiring an additional 77 shares in the last quarter. Revolve Wealth Partners LLC raised its position in TJX Companies by 3.3% in the 2nd quarter. Revolve Wealth Partners LLC now owns 2,453 shares of the apparel and home fashions retailer’s stock worth $303,000 after purchasing an additional 79 shares during the period. Roble Belko & Company Inc boosted its holdings in TJX Companies by 0.3% during the 2nd quarter. Roble Belko & Company Inc now owns 31,478 shares of the apparel and home fashions retailer’s stock valued at $3,887,000 after acquiring an additional 82 shares during the period. Knuff & Co LLC lifted its position in TJX Companies by 8.5% in the first quarter. Knuff & Co LLC now owns 1,056 shares of the apparel and home fashions retailer’s stock valued at $129,000 after purchasing an additional 83 shares during the last quarter. Finally, 3Chopt Investment Partners LLC boosted its stake in shares of TJX Companies by 1.6% during the second quarter. 3Chopt Investment Partners LLC now owns 5,239 shares of the apparel and home fashions retailer’s stock valued at $647,000 after purchasing an additional 83 shares during the period. Hedge funds and other institutional investors own 91.09% of the company’s stock.

TJX Companies Stock Up 2.3%

NYSE TJX opened at $151.46 on Friday. The stock 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 TJX Companies, Inc. has a 12 month low of $112.10 and a 12 month high of $152.58. The company has a current ratio of 1.17, a quick ratio of 0.52 and a debt-to-equity ratio of 0.32. The stock’s 50 day moving average is $143.04 and its 200 day moving average is $134.13.

TJX Companies (NYSE:TJX) last posted its earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 EPS for the quarter, beating analysts’ consensus estimates of $1.22 by $0.06. The firm had revenue of $15.12 billion during the quarter, compared to the consensus estimate of $14.80 billion. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.The company’s quarterly revenue was up 7.5% compared to the same quarter last year. During the same period in the prior year, the company earned $1.14 EPS. TJX Companies has set its Q4 2026 guidance at 1.330-1.360 EPS. FY 2026 guidance at 4.630-4.660 EPS. Research analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 4th. Investors of record on Thursday, November 13th will be issued a $0.425 dividend. This represents a $1.70 annualized dividend and a dividend yield of 1.1%. The ex-dividend date is Thursday, November 13th. TJX Companies’s payout ratio is presently 38.72%.

Insider Activity at TJX Companies

In other news, CEO Ernie Herrman sold 24,363 shares of TJX Companies stock in a transaction on Friday, November 21st. The shares were sold at an average price of $151.31, for a total transaction of $3,686,365.53. Following the completion of the sale, the chief executive officer directly owned 510,780 shares in the company, valued at approximately $77,286,121.80. The trade was a 4.55% decrease in their ownership of the stock. The transaction 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 business’s stock in a transaction dated Friday, November 21st. The shares were sold at an average price of $151.40, for a total value of $75,700.00. Following the sale, the director owned 22,212 shares in the company, valued at approximately $3,362,896.80. The trade was a 2.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 54,863 shares of company stock valued at $8,226,366 in the last ninety days. Corporate insiders own 0.13% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the stock. The Goldman Sachs Group lifted their target price on shares of TJX Companies from $163.00 to $170.00 and gave the stock a “buy” rating in a research note on Thursday. JPMorgan Chase & Co. raised their target price on shares of TJX Companies from $150.00 to $154.00 and gave the stock an “overweight” rating in a research report on Thursday. Cowen reiterated a “buy” rating on shares of TJX Companies in a research report on Thursday. Weiss Ratings reissued a “buy (b+)” rating on shares of TJX Companies in a research note on Wednesday, October 8th. Finally, Bank of America lifted their price target on shares of TJX Companies from $150.00 to $168.00 and gave the company a “buy” rating in a research report on Thursday. 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’s stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $158.90.

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.