IFM Investors Pty Ltd Sells 763 Shares of The TJX Companies, Inc. $TJX

IFM Investors Pty Ltd reduced its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 0.4% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 201,379 shares of the apparel and home fashions retailer’s stock after selling 763 shares during the quarter. IFM Investors Pty Ltd’s holdings in TJX Companies were worth $24,528,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of TJX. Clear Creek Financial Management LLC boosted its position in shares of 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 acquiring an additional 83 shares during the last quarter. Knuff & Co LLC boosted 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 during the last quarter. Salem Investment Counselors Inc. boosted its position in shares of TJX Companies by 2.2% during the first 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 boosted its position in shares of TJX Companies by 7.8% during the first 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 boosted its position in shares of TJX Companies by 4.2% during the first 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. 91.09% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Citigroup upped their target price on shares of TJX Companies from $140.00 to $160.00 and gave the stock a “buy” rating in a research report on Thursday, August 21st. Barclays upped their target price on shares of TJX Companies from $147.00 to $155.00 and gave the stock an “overweight” rating in a research report on Thursday, August 21st. UBS Group upped their price target on shares of TJX Companies from $164.00 to $172.00 and gave the company a “buy” rating in a research note on Thursday, August 21st. Wells Fargo & Company upped their price target on shares of TJX Companies from $120.00 to $130.00 and gave the company an “equal weight” rating in a research note on Thursday, August 21st. Finally, Evercore ISI upped their price target on shares of TJX Companies from $150.00 to $162.00 and gave the company an “outperform” rating in a research note on Thursday, August 21st. One research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, TJX Companies currently has a consensus rating of “Buy” and an average target price of $147.58.

TJX Companies Trading Down 0.6%

Shares of TJX opened at $139.95 on Wednesday. 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 cap of $155.76 billion, a P/E ratio of 31.88, a P/E/G ratio of 3.17 and a beta of 0.90. The company has a current ratio of 1.17, a quick ratio of 0.52 and a debt-to-equity ratio of 0.32. The company’s fifty day simple moving average is $130.53 and its 200-day simple moving average is $126.65.

TJX Companies (NYSE:TJX) last announced its earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share for the quarter, beating the consensus estimate of $1.01 by $0.09. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. The business had revenue of $14.40 billion for the quarter, compared to the consensus estimate of $14.12 billion. During the same quarter in the prior year, the firm posted $0.96 earnings per share. The business’s revenue for the quarter was up 6.9% on a year-over-year basis. 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, analysts expect that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Company 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.