The TJX Companies, Inc. $TJX Shares Sold by Optas LLC

Optas LLC lessened its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 7.0% during the second quarter, Holdings Channel.com reports. The fund owned 6,434 shares of the apparel and home fashions retailer’s stock after selling 487 shares during the period. Optas LLC’s holdings in TJX Companies were worth $795,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in TJX. 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 worth $12,230,396,000 after buying an additional 1,099,129 shares during the last quarter. Ameriprise Financial Inc. grew its position in 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 worth $1,591,758,000 after purchasing an additional 35,800 shares in the last quarter. Amundi grew its position in 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 worth $1,489,305,000 after purchasing an additional 1,104,292 shares in the last quarter. Nuveen LLC purchased a new position in TJX Companies during the 1st quarter worth approximately $1,330,717,000. Finally, Invesco Ltd. grew its position in TJX Companies by 2.8% during the 1st quarter. Invesco Ltd. now owns 9,000,600 shares of the apparel and home fashions retailer’s stock worth $1,096,273,000 after purchasing an additional 247,579 shares in the last quarter. Institutional investors and hedge funds own 91.09% of the company’s stock.

Wall Street Analysts Forecast Growth

TJX has been the topic of several research analyst reports. Macquarie reiterated a “buy” rating on shares of TJX Companies in a research report on Monday, August 11th. Weiss Ratings reiterated a “buy (b+)” rating on shares of TJX Companies in a research report on Wednesday. Erste Group Bank started coverage on shares of TJX Companies in a research note on Friday, September 5th. They set a “buy” rating for the company. Sanford C. Bernstein lifted their target price on shares of TJX Companies from $145.00 to $152.00 and gave the company an “outperform” rating in a research note on Thursday, August 21st. Finally, Wells Fargo & Company lifted their target price on shares of TJX Companies from $120.00 to $130.00 and gave the company an “equal weight” rating in a research note on Thursday, August 21st. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, TJX Companies presently has a consensus rating of “Buy” and a consensus price target of $147.63.

TJX Companies Stock Down 1.4%

TJX stock opened at $140.68 on Thursday. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.17 and a quick ratio of 0.52. The TJX Companies, Inc. has a 52-week low of $111.73 and a 52-week high of $145.58. The company has a 50-day moving average of $137.50 and a two-hundred day moving average of $129.83. The stock has a market capitalization of $156.57 billion, a price-to-earnings ratio of 32.05, a price-to-earnings-growth ratio of 3.17 and a beta of 0.92.

TJX Companies (NYSE:TJX) last announced 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. The business 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 firm’s revenue for the quarter was up 6.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.96 earnings per share. 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, equities research analysts anticipate that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Announces Dividend

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 given a $0.425 dividend. This represents a $1.70 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Thursday, November 13th. TJX Companies’s dividend payout ratio is 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.