Concord Asset Management LLC VA Has $1.80 Million Position in The TJX Companies, Inc. $TJX

Concord Asset Management LLC VA grew its position in The TJX Companies, Inc. (NYSE:TJX) by 19.2% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 14,567 shares of the apparel and home fashions retailer’s stock after purchasing an additional 2,345 shares during the period. Concord Asset Management LLC VA’s holdings in TJX Companies were worth $1,799,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Nuveen LLC bought a new stake in TJX Companies during the first quarter worth about $1,330,717,000. Mirova US LLC boosted its holdings in shares of TJX Companies by 164.5% in the 2nd quarter. Mirova US LLC now owns 2,699,156 shares of the apparel and home fashions retailer’s stock worth $333,319,000 after acquiring an additional 1,678,665 shares in the last quarter. Amundi increased its holdings 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 valued at $1,489,305,000 after purchasing an additional 1,104,292 shares in the last quarter. Vanguard Group Inc. increased its holdings in TJX Companies by 1.1% during the 1st 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 purchasing an additional 1,099,129 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its position in TJX Companies by 17.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 6,807,714 shares of the apparel and home fashions retailer’s stock valued at $829,180,000 after purchasing an additional 1,025,329 shares during the last quarter. Institutional investors and hedge funds own 91.09% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on TJX shares. JPMorgan Chase & Co. increased their target price on TJX Companies from $148.00 to $149.00 and gave the stock an “overweight” rating in a report on Monday, October 6th. Weiss Ratings reissued a “buy (b+)” rating on shares of TJX Companies in a report on Wednesday, October 8th. Citigroup raised their price objective on shares of TJX Companies from $140.00 to $160.00 and gave the company a “buy” rating in a research report on Thursday, August 21st. Morgan Stanley upped their target price on shares of TJX Companies from $140.00 to $150.00 and gave the stock an “overweight” rating in a research report on Thursday, August 21st. Finally, Evercore ISI increased their price target on shares of TJX Companies from $150.00 to $162.00 and gave the company an “outperform” rating in a research note 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 given a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of $147.63.

TJX Companies Stock Performance

Shares of NYSE:TJX opened at $140.38 on Monday. 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 TJX Companies, Inc. has a 1-year low of $111.73 and a 1-year high of $145.58. The stock has a market capitalization of $156.23 billion, a P/E ratio of 31.98, a P/E/G ratio of 3.12 and a beta of 0.92. The business has a 50-day moving average price of $138.07 and a two-hundred day moving average price of $130.24.

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

TJX Companies Dividend Announcement

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

TJX Companies 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.