The TJX Companies, Inc. $TJX Shares Sold by Cidel Asset Management Inc.

Cidel Asset Management Inc. decreased its position in The TJX Companies, Inc. (NYSE:TJX) by 4.3% in the 2nd quarter, HoldingsChannel reports. The firm owned 3,870 shares of the apparel and home fashions retailer’s stock after selling 174 shares during the period. Cidel Asset Management Inc.’s holdings in TJX Companies were worth $478,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in TJX. Revolve Wealth Partners LLC lifted its stake in shares of TJX Companies by 3.3% during the second quarter. Revolve Wealth Partners LLC now owns 2,453 shares of the apparel and home fashions retailer’s stock valued at $303,000 after buying an additional 79 shares during the period. Clear Creek Financial Management LLC raised its holdings in TJX Companies by 1.8% in the 1st 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 lifted its stake in shares of TJX Companies by 8.5% during the 1st quarter. Knuff & Co LLC now owns 1,056 shares of the apparel and home fashions retailer’s stock worth $129,000 after purchasing an additional 83 shares during the period. 3Chopt Investment Partners LLC lifted its stake in shares of TJX Companies by 1.6% during the 2nd quarter. 3Chopt Investment Partners LLC now owns 5,239 shares of the apparel and home fashions retailer’s stock worth $647,000 after purchasing an additional 83 shares during the period. Finally, McLean Asset Management Corp boosted its holdings in shares of 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 worth $344,000 after purchasing an additional 84 shares during the last quarter. 91.09% of the stock is currently owned by hedge funds and other institutional investors.

TJX Companies Stock Performance

NYSE TJX opened at $143.95 on Monday. The firm has a market capitalization of $160.21 billion, a P/E ratio of 32.79, a P/E/G ratio of 3.19 and a beta of 0.92. The TJX Companies, Inc. has a 1-year low of $111.73 and a 1-year high of $146.46. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.17 and a quick ratio of 0.52. The business’s 50-day simple moving average is $139.33 and its 200-day simple moving average is $130.96.

TJX Companies (NYSE:TJX) last posted its earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 the consensus estimate of $14.12 billion. During the same quarter in the prior year, the company earned $0.96 EPS. The company’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. Equities analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Dividend Announcement

The firm also recently announced 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. This represents a $1.70 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Thursday, November 13th. TJX Companies’s dividend payout ratio (DPR) is currently 38.72%.

Wall Street Analysts Forecast Growth

Several research firms recently commented on TJX. Bank of America upped their target price on TJX Companies from $145.00 to $150.00 and gave the company a “buy” rating in a research note on Thursday, August 21st. BTIG Research initiated coverage on TJX Companies in a report on Tuesday, October 14th. They issued a “buy” rating and a $165.00 price target for the company. Wall Street Zen upgraded shares of TJX Companies from a “hold” rating to a “buy” rating in a report on Saturday, August 23rd. Weiss Ratings reissued a “buy (b+)” rating on shares of TJX Companies in a research report on Wednesday, October 8th. Finally, Robert W. Baird upped their price target on shares of TJX Companies from $143.00 to $152.00 and gave the stock an “outperform” rating in a research report on Thursday, August 21st. One analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $148.50.

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.