76,309 Shares in The TJX Companies, Inc. $TJX Bought by Lbp Am Sa

Lbp Am Sa purchased a new position in shares of The TJX Companies, Inc. (NYSE:TJX) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 76,309 shares of the apparel and home fashions retailer’s stock, valued at approximately $9,423,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Columbia Asset Management increased its stake in TJX Companies by 16.1% during the 2nd quarter. Columbia Asset Management now owns 10,807 shares of the apparel and home fashions retailer’s stock worth $1,335,000 after buying an additional 1,500 shares during the period. Mitsubishi UFJ Asset Management UK Ltd. grew its holdings in TJX Companies by 40.0% during the 2nd quarter. Mitsubishi UFJ Asset Management UK Ltd. now owns 21,000 shares of the apparel and home fashions retailer’s stock worth $2,593,000 after acquiring an additional 6,000 shares in the last quarter. Cooper Financial Group grew its holdings in TJX Companies by 15.1% during the 2nd quarter. Cooper Financial Group now owns 3,047 shares of the apparel and home fashions retailer’s stock worth $376,000 after acquiring an additional 399 shares in the last quarter. Truist Financial Corp grew its holdings in TJX Companies by 2.4% during the 2nd quarter. Truist Financial Corp now owns 533,855 shares of the apparel and home fashions retailer’s stock worth $65,926,000 after acquiring an additional 12,486 shares in the last quarter. Finally, Union Bancaire Privee UBP SA acquired a new position in TJX Companies during the 2nd quarter worth $23,014,000. Hedge funds and other institutional investors own 91.09% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on TJX shares. Bank of America raised their price objective on shares of TJX Companies from $145.00 to $150.00 and gave the stock a “buy” rating in a report on Thursday, August 21st. Daiwa America raised shares of TJX Companies to a “strong-buy” rating in a report on Tuesday, July 8th. Wall Street Zen raised shares of TJX Companies from a “hold” rating to a “buy” rating in a report on Saturday, August 23rd. Evercore ISI raised their price objective on shares of TJX Companies from $150.00 to $162.00 and gave the stock an “outperform” rating in a report on Thursday, August 21st. Finally, Barclays lifted their price target on shares of TJX Companies from $147.00 to $155.00 and gave the company an “overweight” rating in a report 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 assigned a Hold rating to the stock. Based on data from MarketBeat, TJX Companies has a consensus rating of “Buy” and a consensus price target of $147.58.

TJX Companies Trading Down 0.0%

NYSE TJX opened at $144.49 on Thursday. The TJX Companies, Inc. has a one year low of $111.22 and a one year high of $145.58. The company has a 50-day simple moving average of $135.88 and a 200-day simple moving average of $128.93. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.52 and a current ratio of 1.17. The firm has a market capitalization of $160.80 billion, a PE ratio of 32.91, a price-to-earnings-growth ratio of 3.25 and a beta of 0.92.

TJX Companies (NYSE:TJX) last posted its quarterly earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 EPS for the quarter, beating the consensus estimate of $1.01 by $0.09. The business had revenue of $14.40 billion during the quarter, compared to analyst estimates of $14.12 billion. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. The company’s quarterly revenue was up 6.9% on a year-over-year basis. During the same period in the previous year, the business posted $0.96 EPS. TJX Companies has set its FY 2026 guidance at 4.520-4.570 EPS. Q3 2026 guidance at 1.170-1.190 EPS. On average, equities analysts forecast that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 4th. Investors of record on Thursday, November 13th will be given a $0.425 dividend. The ex-dividend date is Thursday, November 13th. This represents a $1.70 annualized dividend and a yield of 1.2%. TJX Companies’s dividend payout ratio (DPR) is currently 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.