Aberdeen Group plc Decreases Stake in The TJX Companies, Inc. $TJX

Aberdeen Group plc lowered its stake in The TJX Companies, Inc. (NYSE:TJX) by 10.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,881,558 shares of the apparel and home fashions retailer’s stock after selling 223,510 shares during the period. Aberdeen Group plc’s holdings in TJX Companies were worth $230,632,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Vanguard Group Inc. raised its holdings 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 worth $12,230,396,000 after buying an additional 1,099,129 shares during the last quarter. Ameriprise Financial Inc. raised its holdings in shares of TJX Companies by 0.3% during the first quarter. Ameriprise Financial Inc. now owns 13,068,312 shares of the apparel and home fashions retailer’s stock worth $1,591,758,000 after purchasing an additional 35,800 shares during the last quarter. Amundi raised its holdings in shares of TJX Companies by 10.2% during the first quarter. Amundi now owns 11,888,455 shares of the apparel and home fashions retailer’s stock worth $1,489,305,000 after purchasing an additional 1,104,292 shares during the last quarter. Nuveen LLC purchased a new position in shares of TJX Companies during the first quarter worth $1,330,717,000. Finally, Invesco Ltd. raised its holdings in shares of TJX Companies by 2.8% during the first quarter. Invesco Ltd. now owns 9,000,600 shares of the apparel and home fashions retailer’s stock worth $1,096,273,000 after purchasing an additional 247,579 shares during the last quarter. Hedge funds and other institutional investors own 91.09% of the company’s stock.

TJX Companies Stock Up 1.3%

Shares of NYSE TJX opened at $140.38 on Friday. The company’s 50-day simple moving average is $138.07 and its 200-day simple moving average is $130.10. The company has a quick ratio of 0.52, a current ratio of 1.17 and a debt-to-equity ratio of 0.32. The firm has a market cap of $156.23 billion, a price-to-earnings ratio of 31.98, a price-to-earnings-growth ratio of 3.08 and a beta of 0.92. The TJX Companies, Inc. has a 52-week low of $111.73 and a 52-week high of $145.58.

TJX Companies (NYSE:TJX) last posted its quarterly earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.09. The firm had revenue of $14.40 billion for 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 company’s revenue for the quarter was up 6.9% on a year-over-year basis. During the same period last year, the firm posted $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. Equities analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 4th. Shareholders of record on Thursday, November 13th will be paid 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 yield of 1.2%. TJX Companies’s payout ratio is 38.72%.

Analyst Ratings Changes

Several research analysts recently issued reports on the stock. Morgan Stanley raised their target price on shares of TJX Companies from $140.00 to $150.00 and gave the stock an “overweight” rating in a report on Thursday, August 21st. Wells Fargo & Company raised their target price on shares of TJX Companies from $120.00 to $130.00 and gave the stock an “equal weight” rating in a report on Thursday, August 21st. Sanford C. Bernstein raised their price target on shares of TJX Companies from $145.00 to $152.00 and gave the company an “outperform” rating in a research report on Thursday, August 21st. Daiwa Capital Markets began coverage on shares of TJX Companies in a research report on Tuesday, July 8th. They set an “outperform” rating and a $133.00 price target on the stock. Finally, Weiss Ratings restated a “buy (b+)” rating on shares of TJX Companies in a research report on Wednesday. One analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, TJX Companies has a consensus rating of “Buy” and an average price target of $147.63.

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.