Cypress Capital Group Has $11.76 Million Holdings in The TJX Companies, Inc. $TJX

Cypress Capital Group lessened its position in The TJX Companies, Inc. (NYSE:TJX) by 0.4% in the second quarter, HoldingsChannel reports. The fund owned 95,187 shares of the apparel and home fashions retailer’s stock after selling 381 shares during the quarter. TJX Companies makes up approximately 1.5% of Cypress Capital Group’s holdings, making the stock its 18th largest holding. Cypress Capital Group’s holdings in TJX Companies were worth $11,755,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in TJX. Nuveen LLC acquired a new stake in TJX Companies in the first quarter valued at approximately $1,330,717,000. Mirova US LLC boosted its position in shares of TJX Companies by 164.5% during the second quarter. Mirova US LLC now owns 2,699,156 shares of the apparel and home fashions retailer’s stock valued at $333,319,000 after buying an additional 1,678,665 shares during the last quarter. Amundi boosted its position in shares of TJX Companies by 10.2% during the first quarter. Amundi now owns 11,888,455 shares of the apparel and home fashions retailer’s stock valued at $1,489,305,000 after buying an additional 1,104,292 shares during the last quarter. Vanguard Group Inc. boosted its position in shares of TJX Companies by 1.1% during 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 buying an additional 1,099,129 shares during the last quarter. Finally, Goldman Sachs Group Inc. boosted its position in shares of TJX Companies by 17.7% during the first 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 buying 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

TJX has been the topic of several analyst reports. Barclays lifted their target price on TJX Companies from $147.00 to $155.00 and gave the company an “overweight” rating in a research report on Thursday, August 21st. Erste Group Bank initiated coverage on TJX Companies in a research report on Friday, September 5th. They set a “buy” rating on the stock. UBS Group lifted their target price on TJX Companies from $164.00 to $172.00 and gave the company a “buy” rating in a research report on Thursday, August 21st. Citigroup lifted their target price on TJX Companies from $140.00 to $160.00 and gave the company a “buy” rating in a research report on Thursday, August 21st. Finally, Morgan Stanley lifted their target price on TJX Companies from $140.00 to $150.00 and gave the company an “overweight” rating in a research report on Thursday, August 21st. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $147.63.

TJX Companies Stock Performance

Shares of TJX Companies stock opened at $140.38 on Monday. The business’s fifty day simple moving average is $138.07 and its 200 day simple moving average is $130.24. The firm has a market capitalization of $156.23 billion, a P/E ratio of 31.98, a price-to-earnings-growth ratio of 3.12 and a beta of 0.92. The TJX Companies, Inc. has a 12 month low of $111.73 and a 12 month high of $145.58. The company has a current ratio of 1.17, a quick ratio of 0.52 and a debt-to-equity ratio of 0.32.

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 analysts’ consensus estimates of $1.01 by $0.09. The business had revenue of $14.40 billion for the quarter, compared to analyst estimates of $14.12 billion. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.TJX Companies’s quarterly revenue was up 6.9% compared to the same quarter last year. During the same period last year, the company posted $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, 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 issued a dividend of $0.425 per share. This represents a $1.70 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Thursday, November 13th. TJX Companies’s dividend payout ratio (DPR) 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.