DNB Asset Management AS Raises Stake in The TJX Companies, Inc. $TJX

DNB Asset Management AS raised its stake in The TJX Companies, Inc. (NYSE:TJX) by 3.8% in the 4th quarter, Holdings Channel reports. The institutional investor owned 337,518 shares of the apparel and home fashions retailer’s stock after buying an additional 12,254 shares during the period. DNB Asset Management AS’s holdings in TJX Companies were worth $51,846,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Dogwood Wealth Management LLC grew its holdings in TJX Companies by 102.2% in the 3rd quarter. Dogwood Wealth Management LLC now owns 182 shares of the apparel and home fashions retailer’s stock valued at $26,000 after buying an additional 92 shares in the last quarter. GGM Financials LLC purchased a new stake in TJX Companies in the 3rd quarter valued at $27,000. Joseph Group Capital Management purchased a new stake in TJX Companies in the 4th quarter valued at $27,000. IMG Wealth Management Inc. grew its holdings in TJX Companies by 65.7% in the 4th quarter. IMG Wealth Management Inc. now owns 174 shares of the apparel and home fashions retailer’s stock valued at $27,000 after buying an additional 69 shares in the last quarter. Finally, Imprint Wealth LLC purchased a new stake in TJX Companies in the 3rd quarter valued at $27,000. 91.09% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about TJX Companies

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

• Positive Sentiment: Analysts and market commentators continue to view TJX favorably ahead of earnings, citing strong traffic, sales momentum, and merchandise availability that could support another solid quarter. TJX Q1 Earnings on Deck: Essential Insights Ahead of the Report
• Positive Sentiment: TJX’s recently reported fiscal 2026 results showed healthy growth in sales and profits, plus a higher dividend, reinforcing investor confidence in the off-price retailer’s business model. Is TJX’s Strong FY26 Results And Cautious Outlook Altering The Investment Case For TJX (TJX)?
• Positive Sentiment: Jim Cramer called TJX “superb in this environment,” adding to upbeat sentiment around the stock among retail investors. Jim Cramer Says “TJX Is Superb in This Environment”
• Neutral Sentiment: Wall Street preview pieces are focused on TJX’s upcoming quarter and key operating metrics, but they do not point to a major new catalyst on their own. Seeking Clues to TJX (TJX) Q1 Earnings? A Peek Into Wall Street Projections for Key Metrics
• Neutral Sentiment: Cerity Partners LLC disclosed a large reduction in its TJX position in its latest 13F filing, but this appears to be a portfolio move rather than a company-specific fundamental concern. Fund Update: Cerity Partners LLC Just Disclosed New Holdings
• Negative Sentiment: Some coverage notes TJX’s management is guiding more cautiously for fiscal 2027 amid softer consumer spending and mixed retail sentiment, which could limit upside if demand slows. Is TJX’s Strong FY26 Results And Cautious Outlook Altering The Investment Case For TJX (TJX)?

Insider Transactions at TJX Companies

In related news, CEO Ernie Herrman sold 30,000 shares of the stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $160.95, for a total transaction of $4,828,500.00. Following the transaction, the chief executive officer owned 479,316 shares of the company’s stock, valued at approximately $77,145,910.20. This represents a 5.89% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.13% of the company’s stock.

TJX Companies Stock Performance

Shares of TJX Companies stock opened at $147.40 on Friday. The TJX Companies, Inc. has a 52 week low of $119.84 and a 52 week high of $165.82. The business’s fifty day simple moving average is $157.08 and its 200-day simple moving average is $154.14. The firm has a market cap of $163.00 billion, a PE ratio of 30.21, a price-to-earnings-growth ratio of 3.39 and a beta of 0.64. The company has a quick ratio of 0.59, a current ratio of 1.14 and a debt-to-equity ratio of 0.18.

TJX Companies (NYSE:TJX) last announced its quarterly earnings results on Wednesday, February 25th. The apparel and home fashions retailer reported $1.43 EPS for the quarter, beating the consensus estimate of $1.38 by $0.05. TJX Companies had a return on equity of 57.70% and a net margin of 9.10%.The business had revenue of $17.74 billion for the quarter, compared to analyst estimates of $17.36 billion. During the same quarter in the prior year, the company posted $1.23 EPS. The company’s quarterly revenue was up 8.5% on a year-over-year basis. 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. Equities analysts forecast that The TJX Companies, Inc. will post 5.06 earnings per share for the current year.

TJX Companies Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 4th. Investors of record on Thursday, May 14th will be paid a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend is Thursday, May 14th. This is a positive change from TJX Companies’s previous quarterly dividend of $0.43. TJX Companies’s dividend payout ratio is currently 39.34%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the company. Wall Street Zen raised TJX Companies from a “hold” rating to a “buy” rating in a research note on Saturday, March 28th. UBS Group reaffirmed a “buy” rating on shares of TJX Companies in a research note on Wednesday, March 4th. JPMorgan Chase & Co. upped their price target on TJX Companies from $154.00 to $173.00 and gave the company an “overweight” rating in a research note on Monday, February 23rd. Argus raised TJX Companies to a “strong-buy” rating in a research note on Tuesday, March 3rd. Finally, BTIG Research reaffirmed a “buy” rating and issued a $185.00 price target (up from $165.00) on shares of TJX Companies in a research note on Thursday, February 26th. Three equities research analysts have rated the stock with a Strong Buy rating and twenty-two have assigned a Buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of $167.55.

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.