The TJX Companies, Inc. $TJX Stock: Generali Asset Management SPA SGR Reduces Position

Generali Asset Management SPA SGR lowered its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 5.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 120,271 shares of the apparel and home fashions retailer’s stock after selling 6,749 shares during the period. Generali Asset Management SPA SGR’s holdings in TJX Companies were worth $15,913,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. BlackRock Inc. purchased a new stake in shares of TJX Companies in the second quarter valued at about $16,489,926,000. State Street Corp increased its stake in shares of TJX Companies by 2.9% during the 2nd quarter. State Street Corp now owns 49,709,223 shares of the apparel and home fashions retailer’s stock worth $7,530,947,000 after purchasing an additional 1,388,026 shares in the last quarter. Bank of America Corp DE purchased a new position in shares of TJX Companies during the 2nd quarter worth approximately $3,511,553,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of TJX Companies by 7.6% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 12,560,007 shares of the apparel and home fashions retailer’s stock worth $1,902,841,000 after purchasing an additional 883,294 shares in the last quarter. Finally, Bank of New York Mellon Corp acquired a new position in shares of TJX Companies during the 2nd quarter worth approximately $1,598,731,000. Institutional investors and hedge funds own 91.09% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on TJX. Citigroup downgraded TJX Companies from a “buy” rating to a “neutral” rating and cut their price objective for the stock from $182.00 to $154.00 in a research report on Thursday, August 20th. Barclays set a $188.00 target price on TJX Companies and gave the company an “overweight” rating in a report on Thursday, August 20th. Wall Street Zen downgraded TJX Companies from a “buy” rating to a “hold” rating in a research report on Saturday, August 22nd. Sanford C. Bernstein reissued an “outperform” rating and issued a $175.00 price target on shares of TJX Companies in a report on Tuesday, August 25th. Finally, Gordon Haskett reissued an “accumulate” rating and issued a $155.00 price target on shares of TJX Companies in a report on Thursday, August 20th. Twenty-one analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, TJX Companies currently has a consensus rating of “Moderate Buy” and an average price target of $174.95.

TJX Companies Price Performance

Shares of NYSE TJX opened at $140.27 on Wednesday. The company has a 50-day simple moving average of $136.04 and a 200-day simple moving average of $151.46. The company has a market cap of $154.29 billion, a PE ratio of 25.93 and a beta of 0.56. 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 announced its quarterly earnings data on Wednesday, August 19th. The apparel and home fashions retailer reported $1.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.19 by $0.03. The firm had revenue of $15.18 billion for the quarter, compared to analysts’ expectations of $15.16 billion. The business’s quarterly revenue was up 5.4% on a year-over-year basis. During the same period in the previous year, the company posted $1.10 EPS. 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, analysts anticipate that The TJX Companies, Inc. will post 5.22 EPS for the current year.

TJX Companies Dividend Announcement

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

Key Headlines Impacting TJX Companies

Here are the key news stories impacting TJX Companies this week:

• Positive Sentiment: Gordon Haskett raised its price target for TJX to $175, signaling confidence in the retailer’s operating outlook and potential upside. Gordon Haskett raises target for TJX Companies stock
• Positive Sentiment: TJX is benefiting from continued consumer demand for discounted merchandise. Its Marshalls banner is expanding its store footprint ahead of the holiday season, potentially supporting traffic and sales growth. TJX expands Marshalls footprint
• Neutral Sentiment: UBS’s bullish upgrade of rival Ross Stores highlights strong demand across the off-price retail category. The analysis also identifies TJX as the productivity benchmark, reinforcing its competitive position while increasing attention on whether rivals can narrow the gap. Off-price retail sector analysis
• Negative Sentiment: Bank of America lowered its TJX price target to $170 from $175, although it maintained a Buy rating. The reduction may have weighed on sentiment by suggesting somewhat less near-term upside, despite the target still implying meaningful appreciation from recent levels. BofA adjusts TJX price target
• Negative Sentiment: TJX stock fell during the latest session while the broader market moved higher, indicating company-specific profit-taking or concern that expectations and valuation remain elevated. TJX stock falls amid market uptick

TJX Companies Company Profile

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.