IQ EQ FUND MANAGEMENT IRELAND Ltd Boosts Stake in The TJX Companies, Inc. $TJX

IQ EQ FUND MANAGEMENT IRELAND Ltd lifted its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 1.1% in the second quarter, according to its most recent filing with the SEC. The fund owned 23,896 shares of the apparel and home fashions retailer’s stock after acquiring an additional 251 shares during the period. IQ EQ FUND MANAGEMENT IRELAND Ltd’s holdings in TJX Companies were worth $2,951,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Fjarde AP Fonden Fourth Swedish National Pension Fund increased its stake in TJX Companies by 24.7% in the second quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 351,468 shares of the apparel and home fashions retailer’s stock valued at $43,403,000 after acquiring an additional 69,600 shares during the last quarter. Advisory Alpha LLC boosted its holdings in shares of TJX Companies by 18.8% in the 2nd quarter. Advisory Alpha LLC now owns 6,669 shares of the apparel and home fashions retailer’s stock worth $824,000 after purchasing an additional 1,056 shares in the last quarter. Rossby Financial LCC increased its position in shares of TJX Companies by 2.5% during the 2nd quarter. Rossby Financial LCC now owns 7,073 shares of the apparel and home fashions retailer’s stock valued at $873,000 after purchasing an additional 174 shares during the last quarter. Facet Wealth Inc. purchased a new position in shares of TJX Companies during the 2nd quarter valued at about $242,000. Finally, United Capital Management of KS Inc. raised its holdings in shares of TJX Companies by 0.9% during the 2nd quarter. United Capital Management of KS Inc. now owns 52,714 shares of the apparel and home fashions retailer’s stock valued at $6,510,000 after buying an additional 477 shares in the last quarter. 91.09% of the stock is currently owned by hedge funds and other institutional investors.

TJX Companies Trading Up 0.9%

NYSE:TJX opened at $143.23 on Tuesday. The firm has a market capitalization of $159.41 billion, a P/E 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. The company has a fifty day moving average of $140.51 and a 200 day moving average of $131.83. The TJX Companies, Inc. has a 52 week low of $111.73 and a 52 week high of $146.46.

TJX Companies (NYSE:TJX) last announced its quarterly 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. The business had revenue of $14.40 billion for the quarter, compared to analyst estimates of $14.12 billion. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. The company’s revenue was up 6.9% on a year-over-year basis. During the same quarter last year, the firm earned $0.96 EPS. 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, research analysts predict 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 issued a dividend of $0.425 per share. 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 currently 38.72%.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. Sanford C. Bernstein upped their target price on TJX Companies from $145.00 to $152.00 and gave the stock an “outperform” rating in a research note on Thursday, August 21st. Weiss Ratings reaffirmed a “buy (b+)” rating on shares of TJX Companies in a research note on Wednesday, October 8th. Erste Group Bank assumed coverage on shares of TJX Companies in a report on Friday, September 5th. They set a “buy” rating on the stock. Evercore ISI boosted their price target 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. Finally, Bank of America upped their price target on shares of TJX Companies from $145.00 to $150.00 and gave the company 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 issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $149.00.

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.