The TJX Companies, Inc. $TJX Position Increased by Police & Firemen s Retirement System of New Jersey

Police & Firemen s Retirement System of New Jersey boosted its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 3.0% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 169,693 shares of the apparel and home fashions retailer’s stock after purchasing an additional 4,973 shares during the period. Police & Firemen s Retirement System of New Jersey’s holdings in TJX Companies were worth $20,955,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Nuveen LLC acquired a new stake in shares of TJX Companies during the 1st quarter valued at about $1,330,717,000. Mirova US LLC increased its holdings in TJX Companies by 164.5% in the second quarter. Mirova US LLC now owns 2,699,156 shares of the apparel and home fashions retailer’s stock worth $333,319,000 after buying an additional 1,678,665 shares during the last quarter. Amundi lifted its stake in shares of TJX Companies by 10.2% in the 1st quarter. Amundi now owns 11,888,455 shares of the apparel and home fashions retailer’s stock valued at $1,489,305,000 after purchasing an additional 1,104,292 shares during the last quarter. Vanguard Group Inc. boosted its stake in shares of TJX Companies by 1.1% during the 1st 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 acquiring an additional 1,099,129 shares in the last quarter. Finally, Goldman Sachs Group Inc. lifted its holdings in TJX Companies by 17.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 6,807,714 shares of the apparel and home fashions retailer’s stock worth $829,180,000 after purchasing an additional 1,025,329 shares during the last quarter. Hedge funds and other institutional investors own 91.09% of the company’s stock.

TJX Companies Price Performance

Shares of NYSE:TJX opened at $147.38 on Thursday. The business’s 50 day moving average is $142.09 and its 200-day moving average is $133.22. The company has a current ratio of 1.17, a quick ratio of 0.52 and a debt-to-equity ratio of 0.32. The firm has a market capitalization of $164.03 billion, a PE ratio of 33.57, a PEG ratio of 3.14 and a beta of 0.90. The TJX Companies, Inc. has a 1-year low of $112.10 and a 1-year high of $148.11.

TJX Companies (NYSE:TJX) last announced its earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 EPS for the quarter, topping the consensus estimate of $1.01 by $0.09. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.The business had revenue of $14.40 billion for the quarter, compared to the consensus estimate of $14.12 billion. During the same period in the previous year, the business earned $0.96 EPS. TJX Companies’s revenue 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. Sell-side analysts predict that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 4th. Shareholders 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 presently 38.72%.

Analysts Set New Price Targets

TJX has been the topic of a number of research analyst reports. Erste Group Bank began coverage on shares of TJX Companies in a research note on Friday, September 5th. They issued a “buy” rating on the stock. Citigroup raised their price target on TJX Companies from $140.00 to $160.00 and gave the company a “buy” rating in a research report on Thursday, August 21st. Telsey Advisory Group reissued an “outperform” rating and set a $155.00 price objective on shares of TJX Companies in a research report on Wednesday. Weiss Ratings restated a “buy (b+)” rating on shares of TJX Companies in a research note on Wednesday, October 8th. Finally, Robert W. Baird raised their target price on TJX Companies from $143.00 to $152.00 and gave the company an “outperform” rating in a report on Thursday, August 21st. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, TJX Companies has a consensus rating of “Buy” and an average price target of $151.75.

TJX Companies Profile

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.