SPC Financial Inc. Cuts Stock Holdings in The TJX Companies, Inc. $TJX

SPC Financial Inc. trimmed its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 34.1% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,669 shares of the apparel and home fashions retailer’s stock after selling 865 shares during the period. SPC Financial Inc.’s holdings in TJX Companies were worth $206,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the stock. Vanguard Group Inc. grew its stake in 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 acquiring an additional 1,099,129 shares in the last quarter. Ameriprise Financial Inc. grew its stake in shares of TJX Companies by 0.3% in 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 buying an additional 35,800 shares in the last quarter. Amundi grew its stake in shares of TJX Companies by 10.2% in 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 buying an additional 1,104,292 shares in the last quarter. Nuveen LLC purchased a new position in shares of TJX Companies in the 1st quarter worth $1,330,717,000. Finally, Invesco Ltd. grew its stake in shares of TJX Companies by 2.8% in 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 buying an additional 247,579 shares in the last quarter. 91.09% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. Weiss Ratings reissued a “buy (b+)” rating on shares of TJX Companies in a research note on Wednesday, October 8th. Macquarie reissued a “buy” rating on shares of TJX Companies in a research note on Monday, August 11th. Daiwa America raised shares of TJX Companies to a “strong-buy” rating in a research note on Tuesday, July 8th. Sanford C. Bernstein lifted their price objective on shares of TJX Companies from $145.00 to $152.00 and gave the stock an “outperform” rating in a research note on Thursday, August 21st. Finally, Evercore ISI lifted their price objective on shares of TJX Companies from $150.00 to $162.00 and gave the stock an “outperform” rating in a research note on Thursday, August 21st. One research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $147.63.

TJX Companies Price Performance

TJX Companies stock opened at $140.38 on Monday. The firm has a 50-day moving average price of $138.07 and a 200-day moving average price of $130.24. The firm has a market capitalization of $156.23 billion, a PE ratio of 31.98, a price-to-earnings-growth ratio of 3.12 and a beta of 0.92. 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 12-month low of $111.73 and a 12-month high of $145.58.

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. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. The firm had revenue of $14.40 billion during the quarter, compared to analyst estimates of $14.12 billion. During the same quarter last year, the business earned $0.96 EPS. The business’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, equities research analysts forecast that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 4th. Shareholders 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 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.