Dimensional Fund Advisors LP Acquires 100,304 Shares of The TJX Companies, Inc. $TJX

Dimensional Fund Advisors LP raised its holdings in The TJX Companies, Inc. (NYSE:TJX) by 1.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,386,583 shares of the apparel and home fashions retailer’s stock after acquiring an additional 100,304 shares during the period. Dimensional Fund Advisors LP’s holdings in TJX Companies were worth $923,044,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Laffer Tengler Investments Inc. increased its position in TJX Companies by 43.9% during the 3rd quarter. Laffer Tengler Investments Inc. now owns 52,277 shares of the apparel and home fashions retailer’s stock worth $7,556,000 after purchasing an additional 15,952 shares in the last quarter. Nautilus Advisors LLC acquired a new position in shares of TJX Companies during the third quarter worth $238,000. One Charles Private Wealth Services LLC acquired a new position in shares of TJX Companies during the third quarter worth $219,000. Cresset Asset Management LLC lifted its stake in shares of TJX Companies by 1.1% in the 3rd quarter. Cresset Asset Management LLC now owns 154,447 shares of the apparel and home fashions retailer’s stock valued at $22,324,000 after acquiring an additional 1,730 shares during the last quarter. Finally, Fox Hill Wealth Management boosted its holdings in shares of TJX Companies by 1.3% during the 3rd quarter. Fox Hill Wealth Management now owns 25,542 shares of the apparel and home fashions retailer’s stock valued at $3,692,000 after acquiring an additional 320 shares in the last quarter. Institutional investors own 91.09% of the company’s stock.

TJX Companies Stock Down 0.3%

Shares of NYSE TJX opened at $159.51 on Wednesday. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.14 and a quick ratio of 0.59. The company has a 50-day moving average price of $155.05 and a 200-day moving average price of $148.18. The stock has a market capitalization of $177.13 billion, a P/E ratio of 32.69, a P/E/G ratio of 3.68 and a beta of 0.73. The TJX Companies, Inc. has a 1 year low of $112.10 and a 1 year high of $162.68.

TJX Companies (NYSE:TJX) last released its quarterly earnings results on Wednesday, February 25th. The apparel and home fashions retailer reported $1.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.38 by $0.05. The business had revenue of $17.74 billion during the quarter, compared to the consensus estimate of $17.36 billion. TJX Companies had a return on equity of 57.70% and a net margin of 9.10%.The company’s quarterly revenue was up 8.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.23 EPS. TJX Companies has set its FY 2027 guidance at 4.930-5.020 EPS and its Q1 2027 guidance at 0.970-0.990 EPS. On average, equities research analysts forecast that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 5th. Investors of record on Thursday, February 12th will be given a $0.425 dividend. This represents a $1.70 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Thursday, February 12th. TJX Companies’s dividend payout ratio is presently 34.84%.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft set a $184.00 target price on TJX Companies in a report on Thursday, January 8th. JPMorgan Chase & Co. increased their target price on shares of TJX Companies from $154.00 to $173.00 and gave the company an “overweight” rating in a research report on Monday, February 23rd. Telsey Advisory Group upped their price objective on shares of TJX Companies from $170.00 to $175.00 and gave the company an “outperform” rating in a research note on Thursday, February 26th. Wall Street Zen downgraded shares of TJX Companies from a “buy” rating to a “hold” rating in a research note on Saturday. Finally, Jefferies Financial Group restated a “buy” rating and issued a $170.00 target price on shares of TJX Companies in a report on Tuesday, November 11th. Two analysts have rated the stock with a Strong Buy rating and twenty-two have issued a Buy rating to the stock. Based on data from MarketBeat, TJX Companies has a consensus rating of “Buy” and an average price target of $167.55.

About TJX Companies

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.