Aviance Capital Partners LLC Purchases 798 Shares of The TJX Companies, Inc. $TJX

Aviance Capital Partners LLC boosted its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 31.4% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 3,343 shares of the apparel and home fashions retailer’s stock after purchasing an additional 798 shares during the period. Aviance Capital Partners LLC’s holdings in TJX Companies were worth $413,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the company. FCG Investment Co bought a new position in shares of TJX Companies in the first quarter worth about $2,620,000. MinichMacGregor Wealth Management LLC acquired a new stake in shares of TJX Companies during the 2nd quarter worth approximately $5,045,000. Parr Mcknight Wealth Management Group LLC grew its position in shares of TJX Companies by 12.6% during the 1st quarter. Parr Mcknight Wealth Management Group LLC now owns 40,840 shares of the apparel and home fashions retailer’s stock worth $4,974,000 after buying an additional 4,579 shares during the period. Infusive Asset Management Inc. grew its position in shares of TJX Companies by 30.1% during the 1st quarter. Infusive Asset Management Inc. now owns 27,730 shares of the apparel and home fashions retailer’s stock worth $3,378,000 after buying an additional 6,415 shares during the period. Finally, Crossmark Global Holdings Inc. grew its position in shares of TJX Companies by 2.2% during the 1st quarter. Crossmark Global Holdings Inc. now owns 265,061 shares of the apparel and home fashions retailer’s stock worth $32,284,000 after buying an additional 5,622 shares during the period. 91.09% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently commented on TJX shares. Erste Group Bank started coverage on shares of TJX Companies in a research report on Friday, September 5th. They set a “buy” rating for the company. BTIG Research started coverage on shares of TJX Companies in a research report on Tuesday, October 14th. They set a “buy” rating and a $165.00 price target for the company. Wells Fargo & Company set a $140.00 price target on shares of TJX Companies and gave the stock an “equal weight” rating in a research report on Monday, October 27th. Sanford C. Bernstein lifted their price target on shares of TJX Companies from $145.00 to $152.00 and gave the stock an “outperform” rating in a research report on Thursday, August 21st. Finally, JPMorgan Chase & Co. lifted their price target on shares of TJX Companies from $148.00 to $149.00 and gave the stock an “overweight” rating in a research report on Monday, October 6th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $149.00.

TJX Companies Stock Down 1.5%

Shares of NYSE TJX opened at $140.13 on Friday. The stock has a market cap of $155.96 billion, a P/E ratio of 31.92, a P/E/G ratio of 3.14 and a beta of 0.92. The firm has a 50 day moving average price of $140.95 and a 200 day moving average price of $132.21. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.52 and a current ratio of 1.17. 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 issued its quarterly earnings data on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.01 by $0.09. The firm had revenue of $14.40 billion during the quarter, compared to analysts’ expectations of $14.12 billion. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. The business’s revenue for the quarter was up 6.9% on a year-over-year basis. During the same quarter in the previous year, the company earned $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. Analysts expect that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 4th. Stockholders of record on Thursday, November 13th will be issued a $0.425 dividend. 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 is 38.72%.

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.