Financial Insights Inc. Acquires 321 Shares of The TJX Companies, Inc. $TJX

Financial Insights Inc. raised its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 17.4% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,161 shares of the apparel and home fashions retailer’s stock after acquiring an additional 321 shares during the quarter. Financial Insights Inc.’s holdings in TJX Companies were worth $267,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in TJX. Nuveen LLC bought a new position in shares of TJX Companies in the first quarter valued at $1,330,717,000. Assenagon Asset Management S.A. grew its stake in shares of TJX Companies by 65.8% in the first quarter. Assenagon Asset Management S.A. now owns 3,282,351 shares of the apparel and home fashions retailer’s stock valued at $399,790,000 after buying an additional 1,302,845 shares in the last quarter. Amundi grew its stake in shares of TJX Companies by 10.2% in the first quarter. Amundi now owns 11,888,455 shares of the apparel and home fashions retailer’s stock valued at $1,489,305,000 after buying an additional 1,104,292 shares in the last quarter. Vanguard Group Inc. grew its stake in shares of TJX Companies by 1.1% in the first quarter. Vanguard Group Inc. now owns 100,413,764 shares of the apparel and home fashions retailer’s stock valued at $12,230,396,000 after buying an additional 1,099,129 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its stake in shares of TJX Companies by 17.7% in the first quarter. Goldman Sachs Group Inc. now owns 6,807,714 shares of the apparel and home fashions retailer’s stock valued at $829,180,000 after buying an additional 1,025,329 shares in the last quarter. 91.09% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. JPMorgan Chase & Co. lifted their price objective on shares of TJX Companies from $145.00 to $148.00 and gave the stock an “overweight” rating in a research report on Thursday, August 21st. Bank of America lifted their price objective on shares of TJX Companies from $145.00 to $150.00 and gave the stock a “buy” rating in a research report on Thursday, August 21st. Barclays lifted their price objective on shares of TJX Companies from $147.00 to $155.00 and gave the stock an “overweight” rating in a research report on Thursday, August 21st. Erste Group Bank assumed coverage on shares of TJX Companies in a research report on Friday, September 5th. They set a “buy” rating for the company. Finally, Macquarie reaffirmed a “buy” rating on shares of TJX Companies in a research report on Monday, August 11th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $147.58.

TJX Companies Stock Down 0.8%

TJX opened at $141.30 on Friday. The TJX Companies, Inc. has a fifty-two week low of $111.22 and a fifty-two week high of $145.58. 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 company has a market capitalization of $157.26 billion, a P/E ratio of 32.19, a P/E/G ratio of 3.18 and a beta of 0.92. The stock has a fifty day moving average of $136.51 and a 200-day moving average of $129.38.

TJX Companies (NYSE:TJX) last posted its earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share 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 firm earned $0.96 earnings per share. The company’s 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. On average, equities analysts expect that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Dividend Announcement

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