BI Asset Management Fondsmaeglerselskab A S lifted its position in The TJX Companies, Inc. (NYSE:TJX – Free Report) by 1.6% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 578,853 shares of the apparel and home fashions retailer’s stock after purchasing an additional 9,371 shares during the quarter. TJX Companies comprises about 0.8% of BI Asset Management Fondsmaeglerselskab A S’s investment portfolio, making the stock its 27th biggest position. BI Asset Management Fondsmaeglerselskab A S owned about 0.05% of TJX Companies worth $83,667,000 at the end of the most recent reporting period.
A number of other hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. raised its holdings in shares of TJX Companies by 0.7% during the 2nd quarter. Vanguard Group Inc. now owns 101,141,056 shares of the apparel and home fashions retailer’s stock worth $12,489,909,000 after acquiring an additional 727,292 shares in the last quarter. State Street Corp raised its stake in TJX Companies by 0.6% during the second quarter. State Street Corp now owns 48,595,536 shares of the apparel and home fashions retailer’s stock valued at $6,001,063,000 after purchasing an additional 285,737 shares in the last quarter. Geode Capital Management LLC lifted its position in TJX Companies by 1.2% during the second quarter. Geode Capital Management LLC now owns 26,070,916 shares of the apparel and home fashions retailer’s stock valued at $3,205,927,000 after purchasing an additional 301,127 shares during the last quarter. Norges Bank purchased a new position in shares of TJX Companies in the 2nd quarter worth $1,808,774,000. Finally, Invesco Ltd. increased its holdings in shares of TJX Companies by 0.9% in the 2nd quarter. Invesco Ltd. now owns 9,081,087 shares of the apparel and home fashions retailer’s stock worth $1,121,423,000 after buying an additional 80,487 shares during the last quarter. 91.09% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
TJX has been the subject of several recent research reports. Telsey Advisory Group reiterated an “outperform” rating and issued a $170.00 price target on shares of TJX Companies in a research report on Thursday, December 4th. Wells Fargo & Company reiterated a “positive” rating and issued a $150.00 target price (up previously from $145.00) on shares of TJX Companies in a report on Tuesday, December 16th. Morgan Stanley restated an “overweight” rating and set a $162.00 price target (up previously from $159.00) on shares of TJX Companies in a report on Thursday, November 20th. Weiss Ratings restated a “buy (b+)” rating on shares of TJX Companies in a research report on Wednesday, January 21st. Finally, Guggenheim upgraded shares of TJX Companies to a “strong-buy” rating in a research report on Wednesday, December 10th. Two investment analysts have rated the stock with a Strong Buy rating and twenty-two have assigned a Buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of $163.86.
TJX Companies News Summary
Here are the key news stories impacting TJX Companies this week:
- Positive Sentiment: TJ Maxx plans a higher-profile expansion — the chain will open its first New York City store in over a decade, a visible growth and brand-priority move that can support sales and local market penetration. TJ Maxx to open its first store in New York City in more than a decade
- Positive Sentiment: Analysts / coverage note that TJX is allocating capital more efficiently (share buybacks/dividends or better returns on invested capital), which supports longer-term shareholder returns and helps justify the stock’s premium multiple. TJX Companies (NYSE:TJX) Is Investing Its Capital With Increasing Efficiency
- Positive Sentiment: Zacks highlights TJX among retail/wholesale names with favorable Earnings ESP signals, suggesting a higher-than-consensus chance of an earnings beat — a catalyst that can lift the stock into earnings season. These 2 Retail and Wholesale Stocks Could Beat Earnings: Why They Should Be on Your Radar
- Positive Sentiment: Insider purchases: a director (Amy B. Lane) has made multiple small open‑market purchases disclosed with the SEC. Insider buying, even modest, is often viewed as a confidence signal by management/board members. SEC ownership filing for Amy B. Lane
- Neutral Sentiment: Market-context coverage: Zacks noted TJX advanced while the broader market dipped over the last sessions, reflecting relative-strength trading rather than company-specific news alone. TJX (TJX) Advances While Market Declines: Some Information for Investors
- Neutral Sentiment: Another Zacks market note reported the stock rising amid a market dip (recap of price action and key facts), useful for context but not a standalone catalyst. TJX (TJX) Rises As Market Takes a Dip: Key Facts
TJX Companies Price Performance
TJX opened at $153.75 on Thursday. The business has a fifty day moving average of $154.06 and a 200 day moving average of $144.37. The stock has a market cap of $170.73 billion, a P/E ratio of 33.94, a PEG ratio of 2.91 and a beta of 0.74. The company has a quick ratio of 0.43, a current ratio of 1.09 and a debt-to-equity ratio of 0.20. The TJX Companies, Inc. has a 52-week low of $112.10 and a 52-week high of $159.48.
TJX Companies (NYSE:TJX – Get Free Report) last released its earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 earnings per share for the quarter, topping the consensus estimate of $1.22 by $0.06. The business had revenue of $15.12 billion during the quarter, compared to the consensus estimate of $14.80 billion. TJX Companies had a return on equity of 58.30% and a net margin of 8.68%.The business’s revenue for the quarter was up 7.5% compared to the same quarter last year. During the same period last year, the company earned $1.14 earnings per share. TJX Companies has set its Q4 2026 guidance at 1.330-1.360 EPS and its FY 2026 guidance at 4.630-4.660 EPS. As a group, sell-side analysts anticipate that The TJX Companies, Inc. will post 4.18 EPS for the current year.
TJX Companies Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 5th. Stockholders of record on Thursday, February 12th will be issued a $0.425 dividend. The ex-dividend date is Thursday, February 12th. This represents a $1.70 annualized dividend and a dividend yield of 1.1%. TJX Companies’s payout ratio is currently 37.53%.
Insider Buying and Selling at TJX Companies
In other TJX Companies news, Director Amy B. Lane sold 500 shares of the stock in a transaction dated Friday, November 21st. The shares were sold at an average price of $151.40, for a total transaction of $75,700.00. Following the completion of the sale, the director directly owned 22,212 shares of the company’s stock, valued at approximately $3,362,896.80. This represents a 2.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Ernie Herrman sold 30,000 shares of the stock in a transaction on Thursday, November 20th. The shares were sold at an average price of $148.81, for a total value of $4,464,300.00. Following the sale, the chief executive officer owned 535,143 shares of the company’s stock, valued at approximately $79,634,629.83. This represents a 5.31% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 54,863 shares of company stock valued at $8,226,366. Corporate insiders own 0.13% of the company’s stock.
TJX Companies Company Profile
TJX Companies, Inc is a leading off-price retailer of apparel, footwear, home fashions and other consumer goods. The company operates multiple retail concepts that offer discounted brand-name and designer merchandise, including well-known banners such as T.J. Maxx and Marshalls in the United States, HomeGoods for home furnishings, TK Maxx in parts of Europe, and Winners and Homesense in Canada. Merchandise categories span women’s, men’s and children’s apparel, accessories, beauty, home décor, kitchenware and small furniture, with frequent changes in assortment that create a “treasure-hunt” shopping experience for consumers.
The company’s business model centers on opportunistic buying, purchasing excess, irregular or out-of-season inventory from manufacturers, department stores and other suppliers, and passing savings to customers through lower prices.
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