The TJX Companies, Inc. $TJX Holdings Lessened by Greenleaf Trust

Greenleaf Trust cut its stake in The TJX Companies, Inc. (NYSE:TJX) by 4.2% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 90,978 shares of the apparel and home fashions retailer’s stock after selling 3,956 shares during the period. Greenleaf Trust’s holdings in TJX Companies were worth $12,037,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of TJX. HBW Advisory Services LLC boosted its position in shares of TJX Companies by 5.1% during the 2nd quarter. HBW Advisory Services LLC now owns 1,357 shares of the apparel and home fashions retailer’s stock worth $206,000 after acquiring an additional 66 shares in the last quarter. Howard Financial Services LTD. grew its holdings in shares of TJX Companies by 3.5% during the second quarter. Howard Financial Services LTD. now owns 2,029 shares of the apparel and home fashions retailer’s stock worth $307,000 after buying an additional 69 shares during the last quarter. Millstone Evans Group LLC grew its position in TJX Companies by 26.0% in the 1st quarter. Millstone Evans Group LLC now owns 344 shares of the apparel and home fashions retailer’s stock valued at $55,000 after buying an additional 71 shares during the last quarter. Clark Asset Management LLC raised its position in TJX Companies by 4.5% during the 2nd quarter. Clark Asset Management LLC now owns 1,648 shares of the apparel and home fashions retailer’s stock worth $250,000 after buying an additional 71 shares during the last quarter. Finally, Stronghold Wealth Management L.L.C. lifted its stake in shares of TJX Companies by 3.8% in the 1st quarter. Stronghold Wealth Management L.L.C. now owns 1,973 shares of the apparel and home fashions retailer’s stock worth $315,000 after acquiring an additional 72 shares during the period. 91.09% of the stock is owned by institutional investors and hedge funds.

TJX Companies Stock Performance

TJX Companies stock opened at $140.34 on Monday. The firm’s fifty day moving average price is $135.71 and its 200 day moving average price is $151.19. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.15 and a quick ratio of 0.56. The company has a market capitalization of $154.37 billion, a price-to-earnings ratio of 25.94, a price-to-earnings-growth ratio of 2.66 and a beta of 0.58. The TJX Companies, Inc. has a 12-month low of $122.78 and a 12-month high of $170.00.

TJX Companies (NYSE:TJX) last released its quarterly earnings results on Wednesday, August 19th. The apparel and home fashions retailer reported $1.22 earnings per share for the quarter, topping analysts’ consensus estimates of $1.19 by $0.03. The business had revenue of $15.18 billion during the quarter, compared to the consensus estimate of $15.16 billion. TJX Companies had a net margin of 9.73% and a return on equity of 56.56%. The business’s quarterly revenue was up 5.4% compared to the same quarter last year. During the same quarter last year, the company earned $1.10 earnings per share. TJX Companies has set its FY 2027 guidance at 5.150-5.200 EPS and its Q3 2027 guidance at 1.360-1.380 EPS. On average, research analysts forecast that The TJX Companies, Inc. will post 5.22 EPS for the current fiscal year.

TJX Companies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 3rd. Stockholders of record on Thursday, November 12th will be given a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date is Thursday, November 12th. TJX Companies’s dividend payout ratio is presently 35.49%.

Analyst Ratings Changes

TJX has been the topic of a number of analyst reports. Gordon Haskett lowered TJX Companies from a “buy” rating to an “accumulate” rating and set a $155.00 price objective on the stock. in a report on Thursday, August 20th. JPMorgan Chase & Co. increased their price objective on TJX Companies from $168.00 to $171.00 and gave the stock an “overweight” rating in a research report on Thursday, August 20th. Wells Fargo & Company lowered their target price on TJX Companies from $160.00 to $140.00 and set an “equal weight” rating on the stock in a report on Thursday, August 20th. Weiss Ratings reissued a “buy (b)” rating on shares of TJX Companies in a research note on Monday, October 19th. Finally, Daiwa Securities Group lowered their target price on shares of TJX Companies from $168.00 to $155.00 in a report on Tuesday, August 25th. Twenty-one research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, TJX Companies currently has an average rating of “Moderate Buy” and an average target price of $174.95.

About TJX Companies

The TJX Companies, Inc (NYSE: TJX) is an off-price retailer specializing in apparel, footwear, accessories, and home merchandise. Its stores offer branded and designer products at prices generally below those of full-price retailers, using a flexible purchasing model that allows the company to acquire merchandise from manufacturers, retailers, and other suppliers.

The company operates a portfolio of retail banners, including T.J. Maxx, Marshalls, HomeGoods, Sierra, and Homesense in the United States; Winners, HomeSense, and Marshalls in Canada; and TK Maxx and Homesense in Europe and Australia.