Lecap Asset Management Ltd. Raises Stock Position in The TJX Companies, Inc. $TJX

Lecap Asset Management Ltd. lifted its holdings in The TJX Companies, Inc. (NYSE:TJX) by 178.1% during the second quarter, Holdings Channel reports. The institutional investor owned 16,119 shares of the apparel and home fashions retailer’s stock after acquiring an additional 10,323 shares during the quarter. TJX Companies makes up approximately 0.7% of Lecap Asset Management Ltd.’s investment portfolio, making the stock its 28th biggest position. Lecap Asset Management Ltd.’s holdings in TJX Companies were worth $1,991,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Vanguard Group Inc. grew its position in shares of TJX Companies by 1.1% in the 1st quarter. Vanguard Group Inc. now owns 100,413,764 shares of the apparel and home fashions retailer’s stock worth $12,230,396,000 after buying an additional 1,099,129 shares during the period. Ameriprise Financial Inc. grew its position in shares of TJX Companies by 0.3% in the 1st quarter. Ameriprise Financial Inc. now owns 13,068,312 shares of the apparel and home fashions retailer’s stock worth $1,591,758,000 after buying an additional 35,800 shares during the period. Amundi grew its position in shares of TJX Companies by 10.2% in the 1st quarter. Amundi now owns 11,888,455 shares of the apparel and home fashions retailer’s stock worth $1,489,305,000 after buying an additional 1,104,292 shares during the period. Nuveen LLC purchased a new stake in shares of TJX Companies in the 1st quarter worth about $1,330,717,000. Finally, Invesco Ltd. grew its position in shares of TJX Companies by 2.8% in the 1st quarter. Invesco Ltd. now owns 9,000,600 shares of the apparel and home fashions retailer’s stock worth $1,096,273,000 after buying an additional 247,579 shares during the period. 91.09% of the stock is owned by hedge funds and other institutional investors.

TJX Companies Stock Performance

Shares of NYSE TJX opened at $144.49 on Thursday. The firm’s 50-day moving average price is $135.88 and its 200-day moving average price is $128.93. 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 company has a market cap of $160.80 billion, a PE ratio of 32.91, a PEG ratio of 3.25 and a beta of 0.92. The TJX Companies, Inc. has a 52-week low of $111.22 and a 52-week high of $145.58.

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

TJX Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 4th. Investors of record on Thursday, November 13th will be issued a $0.425 dividend. The ex-dividend date of this dividend is Thursday, November 13th. This represents a $1.70 dividend on an annualized basis and a dividend yield of 1.2%. TJX Companies’s dividend payout ratio (DPR) is presently 38.72%.

Analyst Ratings Changes

A number of equities analysts recently issued reports on TJX shares. Daiwa Capital Markets started coverage on shares of TJX Companies in a research note on Tuesday, July 8th. They issued an “outperform” rating and a $133.00 price target on the stock. Evercore ISI upped their price target on shares of TJX Companies from $150.00 to $162.00 and gave the stock an “outperform” rating in a research note on Thursday, August 21st. Wall Street Zen upgraded shares of TJX Companies from a “hold” rating to a “buy” rating in a research note on Saturday, August 23rd. Telsey Advisory Group reiterated an “outperform” rating and issued a $155.00 price target (up previously from $150.00) on shares of TJX Companies in a research note on Wednesday, August 20th. Finally, Robert W. Baird upped their price target on shares of TJX Companies from $143.00 to $152.00 and gave the stock an “outperform” rating in a research note on Thursday, August 21st. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of $147.58.

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.