Bristlecone Advisors LLC Sells 3,742 Shares of The TJX Companies, Inc. $TJX

Bristlecone Advisors LLC lessened its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 63.9% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,112 shares of the apparel and home fashions retailer’s stock after selling 3,742 shares during the quarter. Bristlecone Advisors LLC’s holdings in TJX Companies were worth $261,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in the stock. Revolve Wealth Partners LLC boosted its stake in shares of TJX Companies by 3.3% during the 2nd quarter. Revolve Wealth Partners LLC now owns 2,453 shares of the apparel and home fashions retailer’s stock worth $303,000 after acquiring an additional 79 shares in the last quarter. Clear Creek Financial Management LLC boosted its stake in shares of TJX Companies by 1.8% during the 1st quarter. Clear Creek Financial Management LLC now owns 4,811 shares of the apparel and home fashions retailer’s stock worth $586,000 after acquiring an additional 83 shares in the last quarter. Knuff & Co LLC boosted its stake in 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 valued at $129,000 after purchasing an additional 83 shares during the period. 3Chopt Investment Partners LLC boosted its stake in 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 valued at $647,000 after purchasing an additional 83 shares during the period. Finally, McLean Asset Management Corp boosted its stake in TJX Companies by 3.2% during the 2nd quarter. McLean Asset Management Corp now owns 2,746 shares of the apparel and home fashions retailer’s stock valued at $344,000 after purchasing an additional 84 shares during the period. Institutional investors own 91.09% of the company’s stock.

TJX Companies Price Performance

Shares of TJX stock opened at $141.61 on Thursday. The stock has a 50 day moving average of $140.77 and a two-hundred day moving average of $132.04. 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 $146.46. The company has a market capitalization of $157.61 billion, a P/E ratio of 32.26, a P/E/G ratio of 3.19 and a beta of 0.92.

TJX Companies (NYSE:TJX) last announced its quarterly earnings data on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 EPS for the quarter, topping analysts’ consensus estimates of $1.01 by $0.09. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.The company 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 company earned $0.96 EPS. The company’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. As a group, equities analysts expect that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 4th. Investors of record on Thursday, November 13th will be given a dividend of $0.425 per share. This represents a $1.70 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Thursday, November 13th. TJX Companies’s dividend payout ratio (DPR) is 38.72%.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on TJX shares. Erste Group Bank started coverage on TJX Companies in a research note on Friday, September 5th. They set a “buy” rating for the company. Evercore ISI increased their target price on TJX Companies from $150.00 to $162.00 and gave the company an “outperform” rating in a research note on Thursday, August 21st. Bank of America increased 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. JPMorgan Chase & Co. increased their target price on TJX Companies from $148.00 to $149.00 and gave the company an “overweight” rating in a research note on Monday, October 6th. Finally, Morgan Stanley increased their target price on TJX Companies from $140.00 to $150.00 and gave the company an “overweight” rating in a research note on Thursday, August 21st. One investment 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 stock. Based on data from MarketBeat.com, TJX Companies presently has a consensus rating of “Buy” and an average target price of $149.00.

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.