Tredje AP fonden Has $93.50 Million Stake in The TJX Companies, Inc. $TJX

Tredje AP fonden lifted its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 49.2% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 757,116 shares of the apparel and home fashions retailer’s stock after purchasing an additional 249,805 shares during the quarter. Tredje AP fonden’s holdings in TJX Companies were worth $93,496,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Mission Wealth Management LP lifted its stake in shares of TJX Companies by 3.4% in the 2nd quarter. Mission Wealth Management LP now owns 11,582 shares of the apparel and home fashions retailer’s stock valued at $1,430,000 after acquiring an additional 385 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. raised its position in TJX Companies by 18.4% in the second quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,481 shares of the apparel and home fashions retailer’s stock valued at $183,000 after purchasing an additional 230 shares during the last quarter. Accuvest Global Advisors raised its position in TJX Companies by 11.4% in the second quarter. Accuvest Global Advisors now owns 34,824 shares of the apparel and home fashions retailer’s stock valued at $4,300,000 after purchasing an additional 3,568 shares during the last quarter. Sumitomo Life Insurance Co. raised its position in TJX Companies by 58.3% in the second quarter. Sumitomo Life Insurance Co. now owns 25,732 shares of the apparel and home fashions retailer’s stock valued at $3,178,000 after purchasing an additional 9,475 shares during the last quarter. Finally, GHP Investment Advisors Inc. raised its position in TJX Companies by 1.1% in the second quarter. GHP Investment Advisors Inc. now owns 144,150 shares of the apparel and home fashions retailer’s stock valued at $17,801,000 after purchasing an additional 1,522 shares during the last quarter. 91.09% of the stock is currently owned by institutional investors.

TJX Companies Stock Performance

NYSE:TJX opened at $140.13 on Friday. The TJX Companies, Inc. has a twelve month low of $111.73 and a twelve month high of $146.46. 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 firm has a market capitalization of $155.96 billion, a P/E ratio of 31.92, a P/E/G ratio of 3.14 and a beta of 0.92. The company has a fifty day moving average of $140.95 and a 200-day moving average of $132.21.

TJX Companies (NYSE:TJX) last released its quarterly earnings data 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 firm had revenue of $14.40 billion during the quarter, compared to the consensus estimate of $14.12 billion. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.The company’s quarterly revenue was up 6.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.96 earnings per share. 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, sell-side analysts anticipate that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 4th. Stockholders of record on Thursday, November 13th will be paid a $0.425 dividend. The ex-dividend date is Thursday, November 13th. This represents a $1.70 annualized dividend and a dividend yield of 1.2%. TJX Companies’s dividend payout ratio is presently 38.72%.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the stock. Sanford C. Bernstein raised their price objective on shares of TJX Companies from $145.00 to $152.00 and gave the company an “outperform” rating in a report on Thursday, August 21st. Wall Street Zen raised shares of TJX Companies from a “hold” rating to a “buy” rating in a research note on Saturday, August 23rd. Barclays raised their price target on shares of TJX Companies from $147.00 to $155.00 and gave the company an “overweight” rating in a research note on Thursday, August 21st. Daiwa Capital Markets initiated coverage on shares of TJX Companies in a research note on Tuesday, July 8th. They set an “outperform” rating and a $133.00 price target for the company. Finally, Robert W. Baird raised their target price on TJX Companies from $143.00 to $152.00 and gave the stock an “outperform” rating in a research report on Thursday, August 21st. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, TJX Companies has a consensus rating of “Buy” and an average target price of $149.00.

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.