Mirae Asset Global Investments Co. Ltd. Increases Position in The TJX Companies, Inc. $TJX

Mirae Asset Global Investments Co. Ltd. grew its position in The TJX Companies, Inc. (NYSE:TJX) by 8.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 203,236 shares of the apparel and home fashions retailer’s stock after buying an additional 15,759 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in TJX Companies were worth $25,098,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Pinnacle Financial Partners Inc grew its stake in shares of TJX Companies by 2.2% in the 1st quarter. Pinnacle Financial Partners Inc now owns 387,342 shares of the apparel and home fashions retailer’s stock valued at $46,989,000 after buying an additional 8,319 shares during the period. State of Alaska Department of Revenue lifted its holdings in shares of TJX Companies by 1.7% in the 1st quarter. State of Alaska Department of Revenue now owns 181,712 shares of the apparel and home fashions retailer’s stock worth $22,132,000 after acquiring an additional 3,125 shares during the last quarter. FCG Investment Co acquired a new position in shares of TJX Companies in the 1st quarter worth approximately $2,620,000. MinichMacGregor Wealth Management LLC acquired a new position in shares of TJX Companies in the 2nd quarter worth approximately $5,045,000. Finally, Mainstream Capital Management LLC lifted its holdings in shares of TJX Companies by 4.3% in the 1st quarter. Mainstream Capital Management LLC now owns 12,450 shares of the apparel and home fashions retailer’s stock worth $1,516,000 after acquiring an additional 515 shares during the last quarter. Hedge funds and other institutional investors own 91.09% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently commented on the stock. Morgan Stanley upped their price objective on shares of TJX Companies from $140.00 to $150.00 and gave the stock an “overweight” rating in a report on Thursday, August 21st. Weiss Ratings restated a “buy (b+)” rating on shares of TJX Companies in a report on Saturday, September 27th. Wells Fargo & Company upped their price objective on shares of TJX Companies from $120.00 to $130.00 and gave the stock an “equal weight” rating in a report on Thursday, August 21st. Telsey Advisory Group restated an “outperform” rating and issued a $155.00 price objective (up from $150.00) on shares of TJX Companies in a report on Wednesday, August 20th. Finally, JPMorgan Chase & Co. upped their price objective on shares of TJX Companies from $145.00 to $148.00 and gave the stock an “overweight” rating in a report on Thursday, August 21st. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, TJX Companies presently has an average rating of “Buy” and an average target price of $147.58.

TJX Companies Stock Down 0.8%

TJX Companies stock opened at $141.30 on Friday. The TJX Companies, Inc. has a twelve month low of $111.22 and a twelve month high of $145.58. The stock’s fifty day simple moving average is $136.51 and its 200-day simple moving average is $129.30. 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 firm has a market capitalization of $157.26 billion, a P/E ratio of 32.19, a P/E/G ratio of 3.21 and a beta of 0.92.

TJX Companies (NYSE:TJX) last posted its quarterly earnings data on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share for the quarter, topping 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 business had revenue of $14.40 billion for the quarter, compared to analyst estimates of $14.12 billion. During the same quarter in the prior year, the company earned $0.96 earnings per share. The company’s revenue 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, equities analysts expect that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Announces Dividend

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