Raiffeisen Bank International AG Has $3.29 Million Stake in The TJX Companies, Inc. $TJX

Raiffeisen Bank International AG trimmed its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 51.6% in the second quarter, HoldingsChannel reports. The institutional investor owned 26,857 shares of the apparel and home fashions retailer’s stock after selling 28,649 shares during the quarter. Raiffeisen Bank International AG’s holdings in TJX Companies were worth $3,289,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. TCTC Holdings LLC lifted its stake in shares of TJX Companies by 210.1% in the 1st quarter. TCTC Holdings LLC now owns 214 shares of the apparel and home fashions retailer’s stock valued at $26,000 after purchasing an additional 145 shares during the period. Princeton Global Asset Management LLC acquired a new stake in shares of TJX Companies during the second quarter worth $28,000. Legacy Investment Solutions LLC bought a new stake in TJX Companies in the second quarter valued at about $32,000. True Wealth Design LLC lifted its stake in TJX Companies by 121.1% in the second 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. Finally, Activest Wealth Management boosted its holdings in TJX Companies by 4,485.7% during the first quarter. Activest Wealth Management now owns 321 shares of the apparel and home fashions retailer’s stock worth $39,000 after buying an additional 314 shares during the last quarter. 91.09% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Wells Fargo & Company set a $140.00 price target on TJX Companies and gave the company an “equal weight” rating in a research note on Monday, October 27th. Telsey Advisory Group restated an “outperform” rating and set a $155.00 price objective on shares of TJX Companies in a report on Wednesday, November 12th. BTIG Research assumed coverage on shares of TJX Companies in a research note on Tuesday, October 14th. They issued a “buy” rating and a $165.00 target price for the company. Citigroup lifted their price target on shares of TJX Companies from $140.00 to $160.00 and gave the stock a “buy” rating in a research report on Thursday, August 21st. Finally, Bank of America upped their price objective on shares of TJX Companies from $145.00 to $150.00 and gave the company a “buy” rating in a research report on Thursday, August 21st. One investment 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 company. According to MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $151.75.

TJX Companies Stock Performance

Shares of TJX opened at $145.20 on Tuesday. The firm has a market cap of $161.60 billion, a P/E ratio of 33.08, a PEG ratio of 3.14 and a beta of 0.90. The TJX Companies, Inc. has a twelve month low of $112.10 and a twelve month high of $148.11. 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 firm’s 50 day moving average price is $142.42 and its two-hundred day moving average price is $133.64.

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, topping the consensus estimate of $1.01 by $0.09. The company had revenue of $14.40 billion during the quarter, compared to the consensus estimate of $14.12 billion. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. The firm’s revenue was up 6.9% compared to the same quarter last year. During the same quarter in the prior year, the firm 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. On average, analysts forecast that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Dividend Announcement

The company 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 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Thursday, November 13th. TJX Companies’s 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.