Western Wealth Management LLC Purchases 462 Shares of The TJX Companies, Inc. $TJX

by · The Cerbat Gem

Western Wealth Management LLC grew its position in shares of The TJX Companies, Inc. (NYSE:TJX – Free Report) by 2.1% during the 2nd quarter, Holdings Channel.com reports. The firm owned 22,161 shares of the apparel and home fashions retailer’s stock after acquiring an additional 462 shares during the period. Western Wealth Management LLC’s holdings in TJX Companies were worth $2,737,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. TCTC Holdings LLC boosted its stake in TJX Companies by 210.1% in the first quarter. TCTC Holdings LLC now owns 214 shares of the apparel and home fashions retailer’s stock worth $26,000 after buying an additional 145 shares in the last quarter. Princeton Global Asset Management LLC purchased a new position in shares of TJX Companies during the second quarter worth approximately $28,000. Legacy Investment Solutions LLC bought a new stake in shares of TJX Companies in the 2nd quarter worth approximately $32,000. True Wealth Design LLC boosted its stake in shares of 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 purchasing an additional 149 shares in the last quarter. Finally, Activest Wealth Management grew its holdings in shares of TJX Companies by 4,485.7% during the 1st quarter. Activest Wealth Management now owns 321 shares of the apparel and home fashions retailer’s stock valued at $39,000 after purchasing an additional 314 shares during the last quarter. 91.09% of the stock is owned by hedge funds and other institutional investors.

TJX Companies Price Performance

Shares of TJX Companies stock opened at $146.85 on Monday. The business has a 50 day moving average of $142.33 and a 200 day moving average of $133.51. The TJX Companies, Inc. has a 52 week low of $112.10 and a 52 week high of $148.11. The company has a market cap of $163.44 billion, a PE ratio of 33.47, a P/E/G ratio of 3.14 and a beta of 0.90. The company has a quick ratio of 0.52, a current ratio of 1.17 and a debt-to-equity ratio of 0.32.

TJX Companies (NYSE:TJX – Get Free Report) last released its quarterly earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share for the quarter, beating the consensus estimate of $1.01 by $0.09. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. The business had revenue of $14.40 billion for the quarter, compared to analysts’ expectations of $14.12 billion. During the same quarter in the previous year, the business posted $0.96 earnings per share. The firm’s revenue for the quarter was up 6.9% compared to the same quarter last year. 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 research analysts forecast that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Dividend Announcement

The business also recently declared 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. The ex-dividend date is Thursday, November 13th. This represents a $1.70 annualized dividend and a dividend yield of 1.2%. TJX Companies’s payout ratio is currently 38.72%.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on TJX shares. Sanford C. Bernstein boosted their price target on shares of TJX Companies from $145.00 to $152.00 and gave the stock an “outperform” rating in a research note on Thursday, August 21st. Evercore ISI lifted their price objective on TJX Companies from $150.00 to $162.00 and gave the stock an “outperform” rating in a report on Thursday, August 21st. Macquarie restated a “buy” rating on shares of TJX Companies in a report on Monday, August 11th. Citigroup raised their price target on TJX Companies from $140.00 to $160.00 and gave the stock a “buy” rating in a research report on Thursday, August 21st. Finally, TD Cowen boosted their price objective on TJX Companies from $160.00 to $162.00 and gave the company a “buy” rating in a research report on Monday, November 10th. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of $151.75.

Check Out Our Latest Research Report on TJX

TJX Companies Company Profile

(Free Report)

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.

Further Reading

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