1,943 Shares in The TJX Companies, Inc. $TJX Purchased by Facet Wealth Inc.

Facet Wealth Inc. acquired a new position in shares of The TJX Companies, Inc. (NYSE:TJX) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,943 shares of the apparel and home fashions retailer’s stock, valued at approximately $242,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in TJX. Nuveen LLC bought a new stake in shares of TJX Companies during the 1st quarter worth approximately $1,330,717,000. Mirova US LLC lifted its stake in 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 worth $333,319,000 after purchasing an additional 1,678,665 shares during the last quarter. Amundi lifted its position in shares of TJX Companies by 10.2% during 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 during the last quarter. Vanguard Group Inc. lifted its position in shares of TJX Companies by 1.1% during the 1st quarter. Vanguard Group Inc. now owns 100,413,764 shares of the apparel and home fashions retailer’s stock worth $12,230,396,000 after buying an additional 1,099,129 shares during the last quarter. Finally, Goldman Sachs Group Inc. lifted its position in shares of TJX Companies by 17.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 6,807,714 shares of the apparel and home fashions retailer’s stock worth $829,180,000 after buying an additional 1,025,329 shares during the last quarter. Institutional investors own 91.09% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on TJX shares. Wall Street Zen raised shares of TJX Companies from a “hold” rating to a “buy” rating in a report on Saturday, August 23rd. Citigroup increased their price objective on shares of TJX Companies from $140.00 to $160.00 and gave the company a “buy” rating in a research note on Thursday, August 21st. Sanford C. Bernstein increased their price objective on shares of TJX Companies from $145.00 to $152.00 and gave the company an “outperform” rating in a research note on Thursday, August 21st. Robert W. Baird raised their price target on shares of TJX Companies from $143.00 to $152.00 and gave the company an “outperform” rating in a research note on Thursday, August 21st. Finally, Bank of America raised their target price on TJX Companies from $145.00 to $150.00 and gave the stock a “buy” rating in a research report on Thursday, August 21st. One analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $149.00.

TJX Companies Price Performance

Shares of NYSE TJX opened at $143.23 on Tuesday. The TJX Companies, Inc. has a twelve month low of $111.73 and a twelve month high of $146.46. The firm has a fifty day simple moving average of $140.51 and a 200 day simple moving average of $131.83. The company has a market capitalization of $159.41 billion, a PE ratio of 32.63, a P/E/G ratio of 3.15 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 earnings results 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. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. The business had revenue of $14.40 billion during the quarter, compared to the consensus estimate of $14.12 billion. During the same quarter last year, the firm earned $0.96 earnings per share. TJX Companies’s quarterly 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. On average, sell-side analysts forecast 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. Shareholders of record on Thursday, November 13th will be issued a $0.425 dividend. 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 payout ratio is presently 38.72%.

TJX Companies Company 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.