Checchi Capital Advisers LLC Sells 248 Shares of The TJX Companies, Inc. $TJX

Checchi Capital Advisers LLC trimmed its position in The TJX Companies, Inc. (NYSE:TJX) by 1.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 16,478 shares of the apparel and home fashions retailer’s stock after selling 248 shares during the quarter. Checchi Capital Advisers LLC’s holdings in TJX Companies were worth $2,035,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. grew its position in TJX Companies by 1.1% in the first quarter. Vanguard Group Inc. now owns 100,413,764 shares of the apparel and home fashions retailer’s stock valued at $12,230,396,000 after acquiring an additional 1,099,129 shares during the last quarter. Ameriprise Financial Inc. grew its holdings in shares of TJX Companies by 0.3% during the 1st quarter. Ameriprise Financial Inc. now owns 13,068,312 shares of the apparel and home fashions retailer’s stock valued at $1,591,758,000 after purchasing an additional 35,800 shares during the last quarter. Amundi grew its holdings in shares of TJX Companies by 10.2% during the 1st quarter. Amundi now owns 11,888,455 shares of the apparel and home fashions retailer’s stock valued at $1,489,305,000 after purchasing an additional 1,104,292 shares during the last quarter. Nuveen LLC bought a new stake in shares of TJX Companies during the first quarter worth $1,330,717,000. Finally, Invesco Ltd. grew its stake in shares of TJX Companies by 2.8% during the first quarter. Invesco Ltd. now owns 9,000,600 shares of the apparel and home fashions retailer’s stock worth $1,096,273,000 after buying an additional 247,579 shares during the last quarter. Institutional investors own 91.09% of the company’s stock.

TJX Companies Stock Performance

Shares of TJX stock opened at $141.30 on Friday. The business’s 50 day simple moving average is $136.51 and its 200 day simple moving average is $129.38. The TJX Companies, Inc. has a one year low of $111.22 and a one year high of $145.58. The stock has a market capitalization of $157.26 billion, a PE ratio of 32.19, a PEG ratio of 3.18 and a beta of 0.92. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.17 and a quick ratio of 0.52.

TJX Companies (NYSE:TJX) last posted its quarterly earnings data on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 EPS for the quarter, beating analysts’ consensus estimates of $1.01 by $0.09. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. The company had revenue of $14.40 billion for the quarter, compared to analyst estimates of $14.12 billion. During the same period in the prior year, the firm posted $0.96 EPS. The company’s quarterly revenue was up 6.9% on a year-over-year basis. 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, research analysts forecast that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Dividend Announcement

The company 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 dividend of $0.425 per share. The ex-dividend date of this dividend is Thursday, November 13th. This represents a $1.70 dividend on an annualized basis and a yield of 1.2%. TJX Companies’s dividend payout ratio is 38.72%.

Analysts Set New Price Targets

A number of research firms have weighed in on TJX. Wall Street Zen raised shares of TJX Companies from a “hold” rating to a “buy” rating in a research note on Saturday, August 23rd. Citigroup boosted their price objective on TJX Companies from $140.00 to $160.00 and gave the stock a “buy” rating in a research report on Thursday, August 21st. Weiss Ratings restated a “buy (b+)” rating on shares of TJX Companies in a report on Saturday, September 27th. Morgan Stanley boosted their price target on TJX Companies from $140.00 to $150.00 and gave the stock an “overweight” rating in a report on Thursday, August 21st. Finally, Barclays boosted their price target on TJX Companies from $147.00 to $155.00 and gave the stock an “overweight” rating in a report on Thursday, August 21st. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, TJX Companies presently has an average rating of “Buy” and an average target price of $147.58.

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.