Nippon Life Global Investors Americas Inc. Has $26.55 Million Position in The TJX Companies, Inc. $TJX

Nippon Life Global Investors Americas Inc. increased its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 15.4% in the 1st quarter, HoldingsChannel.com reports. The firm owned 218,010 shares of the apparel and home fashions retailer’s stock after acquiring an additional 29,080 shares during the period. TJX Companies accounts for approximately 1.3% of Nippon Life Global Investors Americas Inc.’s portfolio, making the stock its 27th biggest position. Nippon Life Global Investors Americas Inc.’s holdings in TJX Companies were worth $26,554,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in TJX. Clear Creek Financial Management LLC raised its holdings in TJX Companies by 1.8% during the first quarter. Clear Creek Financial Management LLC now owns 4,811 shares of the apparel and home fashions retailer’s stock worth $586,000 after buying an additional 83 shares during the last quarter. Knuff & Co LLC increased its position in shares of TJX Companies by 8.5% during the first quarter. Knuff & Co LLC now owns 1,056 shares of the apparel and home fashions retailer’s stock worth $129,000 after acquiring an additional 83 shares in the last quarter. Salem Investment Counselors Inc. raised its holdings in shares of TJX Companies by 2.2% in the 1st quarter. Salem Investment Counselors Inc. now owns 3,986 shares of the apparel and home fashions retailer’s stock worth $485,000 after acquiring an additional 86 shares during the last quarter. Financial Network Wealth Advisors LLC raised its holdings in shares of TJX Companies by 7.8% in the 1st quarter. Financial Network Wealth Advisors LLC now owns 1,207 shares of the apparel and home fashions retailer’s stock worth $147,000 after acquiring an additional 87 shares during the last quarter. Finally, Amplius Wealth Advisors LLC raised its holdings in shares of TJX Companies by 4.2% in the 1st quarter. Amplius Wealth Advisors LLC now owns 2,324 shares of the apparel and home fashions retailer’s stock worth $283,000 after acquiring an additional 93 shares during the last quarter. Institutional investors and hedge funds own 91.09% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on TJX. Barclays lifted their target price on TJX Companies from $147.00 to $155.00 and gave the company an “overweight” rating in a research report on Thursday, August 21st. Citigroup raised their price objective on TJX Companies from $140.00 to $160.00 and gave the company a “buy” rating in a research note on Thursday, August 21st. BMO Capital Markets reiterated an “outperform” rating on shares of TJX Companies in a research note on Wednesday, May 21st. JPMorgan Chase & Co. raised their price target on shares of TJX Companies from $145.00 to $148.00 and gave the company an “overweight” rating in a research report on Thursday, August 21st. Finally, UBS Group boosted their price target on shares of TJX Companies from $164.00 to $172.00 and gave the stock a “buy” rating in a report on Thursday, August 21st. One analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $147.58.

TJX Companies Stock Up 1.1%

TJX Companies stock opened at $140.99 on Friday. The firm has a 50 day moving average price of $129.57 and a 200-day moving average price of $126.26. The company has a quick ratio of 0.52, a current ratio of 1.17 and a debt-to-equity ratio of 0.32. The TJX Companies, Inc. has a twelve month low of $111.22 and a twelve month high of $145.58. The company has a market capitalization of $156.92 billion, a P/E ratio of 32.12, a P/E/G ratio of 3.14 and a beta of 0.90.

TJX Companies (NYSE:TJX) last issued its quarterly earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 EPS for the quarter, beating analysts’ consensus estimates of $1.01 by $0.09. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.The firm had revenue of $14.40 billion for the quarter, compared to analysts’ expectations of $14.12 billion. During the same quarter in the prior year, the firm earned $0.96 EPS. The business’s revenue for the quarter 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. As a group, equities analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 4th. Stockholders of record on Thursday, August 14th were given a $0.425 dividend. The ex-dividend date of this dividend was Thursday, August 14th. This represents a $1.70 annualized dividend and a dividend yield of 1.2%. TJX Companies’s payout ratio is 38.72%.

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.