Ellis Investment Partners LLC Buys 126 Shares of The TJX Companies, Inc. $TJX

Ellis Investment Partners LLC increased its stake in The TJX Companies, Inc. (NYSE:TJX) by 1.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 10,042 shares of the apparel and home fashions retailer’s stock after purchasing an additional 126 shares during the period. Ellis Investment Partners LLC’s holdings in TJX Companies were worth $1,240,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Clear Creek Financial Management LLC grew its position in TJX Companies by 1.8% during the first quarter. Clear Creek Financial Management LLC now owns 4,811 shares of the apparel and home fashions retailer’s stock valued at $586,000 after acquiring an additional 83 shares during the last quarter. Knuff & Co LLC grew its position in TJX Companies by 8.5% during the first quarter. Knuff & Co LLC now owns 1,056 shares of the apparel and home fashions retailer’s stock valued at $129,000 after acquiring an additional 83 shares during the last quarter. 3Chopt Investment Partners LLC grew its position in TJX Companies by 1.6% during the second quarter. 3Chopt Investment Partners LLC now owns 5,239 shares of the apparel and home fashions retailer’s stock valued at $647,000 after acquiring an additional 83 shares during the last quarter. McLean Asset Management Corp grew its position in TJX Companies by 3.2% during the second quarter. McLean Asset Management Corp now owns 2,746 shares of the apparel and home fashions retailer’s stock valued at $344,000 after acquiring an additional 84 shares during the last quarter. Finally, NBC Securities Inc. grew its position in TJX Companies by 0.6% during the second quarter. NBC Securities Inc. now owns 14,274 shares of the apparel and home fashions retailer’s stock valued at $1,762,000 after acquiring an additional 86 shares during the last quarter. 91.09% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

TJX has been the subject of a number of analyst reports. Daiwa America raised TJX Companies to a “strong-buy” rating in a research note on Tuesday, July 8th. Barclays increased their price objective on TJX Companies from $147.00 to $155.00 and gave the company an “overweight” rating in a research note on Thursday, August 21st. Wall Street Zen raised TJX Companies from a “hold” rating to a “buy” rating in a research note on Saturday, August 23rd. Sanford C. Bernstein increased their price objective on TJX Companies from $145.00 to $152.00 and gave the company an “outperform” rating in a research note on Thursday, August 21st. Finally, Weiss Ratings reissued a “buy (b+)” rating on shares of TJX Companies in a research note on Wednesday, October 8th. One 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’s stock. Based on data from 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 TJX stock opened at $140.38 on Monday. The stock has a fifty day moving average of $138.07 and a 200 day moving average of $130.24. The TJX Companies, Inc. has a 52 week low of $111.73 and a 52 week high of $145.58. The firm has a market capitalization of $156.23 billion, a price-to-earnings ratio of 31.98, a PEG ratio of 3.12 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.

TJX Companies (NYSE:TJX) last announced 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. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.The company had revenue of $14.40 billion during the quarter, compared to analyst estimates of $14.12 billion. During the same quarter last year, the firm posted $0.96 earnings per share. The firm’s 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 expect that The TJX Companies, Inc. will post 4.18 earnings per share 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 paid a $0.425 dividend. 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 (DPR) is presently 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.