Raiffeisen Bank International AG Acquires 33,451 Shares of The TJX Companies, Inc. $TJX

Raiffeisen Bank International AG grew its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 34.1% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 131,594 shares of the apparel and home fashions retailer’s stock after buying an additional 33,451 shares during the quarter. Raiffeisen Bank International AG’s holdings in TJX Companies were worth $20,443,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of TJX. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna boosted its holdings in shares of TJX Companies by 120.3% in the fourth quarter. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna now owns 163 shares of the apparel and home fashions retailer’s stock valued at $25,000 after purchasing an additional 89 shares during the period. Dogwood Wealth Management LLC boosted its holdings in shares of TJX Companies by 102.2% in the third quarter. Dogwood Wealth Management LLC now owns 182 shares of the apparel and home fashions retailer’s stock valued at $26,000 after purchasing an additional 92 shares during the period. Entrust Financial LLC purchased a new stake in shares of TJX Companies in the fourth quarter valued at approximately $26,000. GGM Financials LLC purchased a new stake in shares of TJX Companies in the third quarter valued at approximately $27,000. Finally, Joseph Group Capital Management purchased a new stake in shares of TJX Companies in the fourth quarter valued at approximately $27,000. Institutional investors own 91.09% of the company’s stock.

Key Stories Impacting TJX Companies

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

• Positive Sentiment: Analysts remain upbeat on TJX, with Erste Group Bank raising FY2027 and FY2028 earnings estimates, reinforcing the view that the off-price retailer can keep growing profits. Erste Group Bank estimate increase
• Positive Sentiment: TJX continues to benefit from strong fundamentals, including a recent earnings beat, 9.2% revenue growth, and management’s raised margin outlook and buyback plans, which support the case for further upside. TJX earnings and outlook
• Positive Sentiment: The company also declared a quarterly dividend of $0.48 per share, signaling continued cash generation and shareholder returns. TJX quarterly dividend announcement
• Positive Sentiment: Commentary around TJX’s strong growth profile and market share gains from department stores added to the bullish narrative around the stock. TJX attracting investor attention
• Positive Sentiment: Reports highlighting TJX hitting a 52-week high reflect continued momentum and investor confidence in the company’s defensive off-price model. TJX hit a 52-week high
• Neutral Sentiment: Shareholders reapproved the board, auditor, and executive pay at the annual meeting, a routine governance outcome with little direct near-term impact on the stock. TJX shareholders reaffirm board, auditor and executive pay
• Neutral Sentiment: A recent chairman share sale may get attention, but it appears to be a relatively small insider transaction versus TJX’s large market capitalization and strong operational backdrop. TJX insider selling alert

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on TJX shares. UBS Group reiterated a “buy” rating on shares of TJX Companies in a report on Tuesday. Argus upgraded TJX Companies to a “strong-buy” rating in a report on Tuesday, March 3rd. Wall Street Zen upgraded TJX Companies from a “hold” rating to a “buy” rating in a report on Saturday, March 28th. Telsey Advisory Group upped their target price on TJX Companies from $175.00 to $185.00 and gave the stock an “outperform” rating in a report on Thursday, May 21st. Finally, Wells Fargo & Company restated an “outperform” rating and set a $160.00 target price (up from $155.00) on shares of TJX Companies in a report on Thursday, May 21st. Three investment analysts have rated the stock with a Strong Buy rating and twenty have issued a Buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $174.58.

TJX Companies Price Performance

NYSE TJX opened at $168.02 on Friday. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.14 and a quick ratio of 0.54. The stock’s fifty day moving average price is $157.49 and its 200 day moving average price is $155.99. The TJX Companies, Inc. has a 1 year low of $119.84 and a 1 year high of $170.00. The company has a market cap of $185.61 billion, a price-to-earnings ratio of 32.63, a PEG ratio of 3.63 and a beta of 0.62.

TJX Companies (NYSE:TJX) last released its earnings results on Wednesday, May 20th. The apparel and home fashions retailer reported $1.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.02 by $0.17. TJX Companies had a return on equity of 57.92% and a net margin of 9.40%.The firm had revenue of $14.32 billion for the quarter, compared to the consensus estimate of $14.02 billion. During the same period in the prior year, the firm earned $0.92 EPS. The firm’s revenue was up 9.2% on a year-over-year basis. TJX Companies has set its FY 2027 guidance at 5.080-5.150 EPS and its Q2 2027 guidance at 1.150-1.170 EPS. As a group, equities research analysts forecast that The TJX Companies, Inc. will post 5.17 earnings per share for the current year.

TJX Companies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Thursday, August 13th will be given a $0.48 dividend. This represents a $1.92 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend is Thursday, August 13th. TJX Companies’s dividend payout ratio is presently 37.28%.

Insider Activity at TJX Companies

In related news, CFO John Klinger sold 6,235 shares of the company’s stock in a transaction on Friday, June 5th. The stock was sold at an average price of $160.77, for a total value of $1,002,400.95. Following the transaction, the chief financial officer directly owned 64,257 shares of the company’s stock, valued at $10,330,597.89. This represents a 8.84% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Ernie Herrman sold 29,549 shares of the company’s stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $157.46, for a total value of $4,652,785.54. Following the completion of the transaction, the chief executive officer directly owned 552,850 shares in the company, valued at approximately $87,051,761. The trade was a 5.07% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 129,410 shares of company stock valued at $20,798,135 in the last ninety days. Company insiders own 0.13% of the company’s stock.

TJX Companies 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.