Broderick Brian C Cuts Stake in The TJX Companies, Inc. $TJX

Broderick Brian C lessened its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 3.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 105,748 shares of the apparel and home fashions retailer’s stock after selling 3,984 shares during the quarter. TJX Companies comprises 2.6% of Broderick Brian C’s portfolio, making the stock its 15th biggest holding. Broderick Brian C’s holdings in TJX Companies were worth $13,059,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. TCTC Holdings LLC lifted its stake in TJX Companies by 210.1% in the 1st quarter. TCTC Holdings LLC now owns 214 shares of the apparel and home fashions retailer’s stock worth $26,000 after purchasing an additional 145 shares in the last quarter. Atlantic Edge Private Wealth Management LLC increased its holdings in shares of TJX Companies by 58.8% in the first quarter. Atlantic Edge Private Wealth Management LLC now owns 297 shares of the apparel and home fashions retailer’s stock worth $36,000 after purchasing an additional 110 shares during the last quarter. Iron Horse Wealth Management LLC lifted its position in shares of TJX Companies by 99.3% in the first quarter. Iron Horse Wealth Management LLC now owns 299 shares of the apparel and home fashions retailer’s stock worth $36,000 after buying an additional 149 shares in the last quarter. Inlight Wealth Management LLC bought a new position in TJX Companies during the first quarter valued at approximately $37,000. Finally, Activest Wealth Management grew its holdings in TJX Companies by 4,485.7% during the 1st quarter. Activest Wealth Management now owns 321 shares of the apparel and home fashions retailer’s stock valued at $39,000 after buying an additional 314 shares in the last quarter. Hedge funds and other institutional investors own 91.09% of the company’s stock.

TJX Companies Trading Down 0.3%

TJX stock opened at $142.70 on Wednesday. The TJX Companies, Inc. has a twelve month low of $111.73 and a twelve month high of $145.58. The stock has a market capitalization of $158.81 billion, a price-to-earnings ratio of 32.51, a price-to-earnings-growth ratio of 3.22 and a beta of 0.92. The company has a quick ratio of 0.52, a current ratio of 1.17 and a debt-to-equity ratio of 0.32. The firm’s fifty day simple moving average is $137.20 and its two-hundred day simple moving average is $129.75.

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

TJX Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 4th. Investors of record on Thursday, November 13th will be paid a dividend of $0.425 per share. This represents a $1.70 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Thursday, November 13th. TJX Companies’s dividend payout ratio (DPR) is currently 38.72%.

Wall Street Analyst Weigh In

TJX has been the topic of several recent research reports. Telsey Advisory Group reaffirmed an “outperform” rating and set a $155.00 price objective (up from $150.00) on shares of TJX Companies in a report on Wednesday, August 20th. Barclays upped their price target on shares of TJX Companies from $147.00 to $155.00 and gave the company an “overweight” rating in a research note on Thursday, August 21st. Daiwa Capital Markets started coverage on shares of TJX Companies in a research report on Tuesday, July 8th. They set an “outperform” rating and a $133.00 price objective for the company. Erste Group Bank assumed coverage on shares of TJX Companies in a report on Friday, September 5th. They issued a “buy” rating on the stock. Finally, Citigroup increased their price target on shares of TJX Companies from $140.00 to $160.00 and gave the company a “buy” rating in a report on Thursday, August 21st. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $147.63.

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.