The TJX Companies, Inc. $TJX Stock Holdings Lessened by AMJ Financial Wealth Management

AMJ Financial Wealth Management lessened its stake in The TJX Companies, Inc. (NYSE:TJX) by 2.7% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 91,057 shares of the apparel and home fashions retailer’s stock after selling 2,510 shares during the period. TJX Companies accounts for about 2.8% of AMJ Financial Wealth Management’s holdings, making the stock its 8th biggest position. AMJ Financial Wealth Management’s holdings in TJX Companies were worth $11,245,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in TJX. Princeton Global Asset Management LLC purchased a new stake in shares of TJX Companies during the second quarter worth approximately $28,000. Legacy Investment Solutions LLC purchased a new position in TJX Companies in the 2nd quarter valued at $32,000. True Wealth Design LLC increased its stake in TJX Companies by 121.1% in the 2nd quarter. True Wealth Design LLC now owns 272 shares of the apparel and home fashions retailer’s stock valued at $34,000 after buying an additional 149 shares during the period. Activest Wealth Management lifted its stake in shares of TJX Companies by 4,485.7% in the 1st quarter. Activest Wealth Management now owns 321 shares of the apparel and home fashions retailer’s stock worth $39,000 after acquiring an additional 314 shares during the period. Finally, Maseco LLP purchased a new stake in shares of TJX Companies in the second quarter valued at about $43,000. 91.09% of the stock is owned by institutional investors and hedge funds.

TJX Companies Stock Performance

Shares of TJX stock opened at $151.03 on Tuesday. The stock has a fifty day moving average price of $144.48 and a 200 day moving average price of $135.08. 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 stock has a market cap of $168.09 billion, a PE ratio of 34.40, a P/E/G ratio of 3.14 and a beta of 0.90. The TJX Companies, Inc. has a 1 year low of $112.10 and a 1 year high of $154.66.

TJX Companies (NYSE:TJX) last announced its quarterly earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 earnings per share for the quarter, beating analysts’ consensus estimates of $1.22 by $0.06. The business had revenue of $15.12 billion during the quarter, compared to analysts’ expectations of $14.80 billion. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.The business’s revenue for the quarter was up 7.5% on a year-over-year basis. During the same quarter last year, the business posted $1.14 earnings per share. TJX Companies has set its Q4 2026 guidance at 1.330-1.360 EPS. FY 2026 guidance at 4.630-4.660 EPS. Sell-side analysts forecast that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal 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 given a dividend of $0.425 per share. The ex-dividend date is Thursday, November 13th. This represents a $1.70 dividend on an annualized basis and a yield of 1.1%. TJX Companies’s payout ratio is presently 37.53%.

Insider Activity

In other news, Director Amy B. Lane sold 500 shares of the stock in a transaction that occurred on Friday, November 21st. The shares were sold at an average price of $151.40, for a total value of $75,700.00. Following the sale, the director directly owned 22,212 shares in the company, valued at $3,362,896.80. This represents a 2.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Ernie Herrman sold 24,363 shares of TJX Companies stock in a transaction that occurred on Friday, November 21st. The stock was sold at an average price of $151.31, for a total value of $3,686,365.53. Following the transaction, the chief executive officer owned 510,780 shares of the company’s stock, valued at $77,286,121.80. This represents a 4.55% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 54,863 shares of company stock worth $8,226,366 in the last ninety days. Insiders own 0.13% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on TJX. Wall Street Zen upgraded shares of TJX Companies from a “hold” rating to a “buy” rating in a research note on Saturday, August 23rd. Cowen reiterated a “buy” rating on shares of TJX Companies in a research report on Thursday, November 20th. TD Cowen increased their target price on TJX Companies from $162.00 to $167.00 and gave the stock a “buy” rating in a research note on Thursday, November 20th. UBS Group lifted their price target on TJX Companies from $172.00 to $181.00 and gave the company a “buy” rating in a research note on Thursday, November 20th. Finally, JPMorgan Chase & Co. upped their price objective on TJX Companies from $150.00 to $154.00 and gave the stock an “overweight” rating in a report on Thursday, November 20th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, TJX Companies presently has a consensus rating of “Buy” and an average price target of $158.90.

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.