The TJX Companies, Inc. $TJX is Wendell David Associates Inc.’s 5th Largest Position

Wendell David Associates Inc. lessened its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 2.0% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 380,601 shares of the apparel and home fashions retailer’s stock after selling 7,590 shares during the quarter. TJX Companies accounts for 4.7% of Wendell David Associates Inc.’s portfolio, making the stock its 5th biggest holding. Wendell David Associates Inc.’s holdings in TJX Companies were worth $47,000,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Pinnacle Financial Partners Inc increased its position in TJX Companies by 2.2% during the first quarter. Pinnacle Financial Partners Inc now owns 387,342 shares of the apparel and home fashions retailer’s stock valued at $46,989,000 after acquiring an additional 8,319 shares during the last quarter. FCG Investment Co purchased a new stake in TJX Companies during the first quarter valued at $2,620,000. MinichMacGregor Wealth Management LLC purchased a new stake in TJX Companies during the second quarter valued at $5,045,000. Mainstream Capital Management LLC increased its position in TJX Companies by 4.3% during the first quarter. Mainstream Capital Management LLC now owns 12,450 shares of the apparel and home fashions retailer’s stock valued at $1,516,000 after acquiring an additional 515 shares during the last quarter. Finally, Parr Mcknight Wealth Management Group LLC increased its position in TJX Companies by 12.6% during the first quarter. Parr Mcknight Wealth Management Group LLC now owns 40,840 shares of the apparel and home fashions retailer’s stock valued at $4,974,000 after acquiring an additional 4,579 shares during the last quarter. Hedge funds and other institutional investors own 91.09% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have issued reports on TJX shares. JPMorgan Chase & Co. boosted their price target on TJX Companies from $148.00 to $149.00 and gave the company an “overweight” rating in a report on Monday, October 6th. Telsey Advisory Group reissued an “outperform” rating and set a $155.00 price target (up previously from $150.00) on shares of TJX Companies in a report on Wednesday, August 20th. Morgan Stanley boosted their price target on TJX Companies from $140.00 to $150.00 and gave the company an “overweight” rating in a report on Thursday, August 21st. Macquarie reissued a “buy” rating on shares of TJX Companies in a report on Monday, August 11th. Finally, BTIG Research started coverage on TJX Companies in a report on Tuesday. They set a “buy” rating and a $165.00 price target for the company. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $148.50.

TJX Companies Stock Performance

NYSE TJX opened at $143.95 on Friday. The firm has a market cap of $160.21 billion, a price-to-earnings ratio of 32.79, a price-to-earnings-growth ratio of 3.19 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. The business has a 50-day moving average price of $139.33 and a 200-day moving average price of $130.93. The TJX Companies, Inc. has a twelve month low of $111.73 and a twelve month high of $146.46.

TJX Companies (NYSE:TJX) last released its quarterly earnings data on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share for the quarter, topping analysts’ consensus estimates of $1.01 by $0.09. The firm had revenue of $14.40 billion during 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%.The business’s quarterly revenue was up 6.9% compared to the same quarter last year. During the same quarter in the prior 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, equities research analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 4th. Stockholders 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 dividend yield of 1.2%. TJX Companies’s dividend payout ratio is 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.