KBC Group NV Purchases 16,547 Shares of The TJX Companies, Inc. $TJX

KBC Group NV boosted its holdings in The TJX Companies, Inc. (NYSE:TJX) by 7.4% during the second quarter, Holdings Channel.com reports. The fund owned 240,143 shares of the apparel and home fashions retailer’s stock after buying an additional 16,547 shares during the quarter. KBC Group NV’s holdings in TJX Companies were worth $29,655,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in TJX. FCG Investment Co bought a new position in shares of TJX Companies during the first quarter valued at about $2,620,000. MinichMacGregor Wealth Management LLC bought a new position in TJX Companies in the 2nd quarter worth $5,045,000. Infusive Asset Management Inc. raised its stake in TJX Companies by 30.1% in the first quarter. Infusive Asset Management Inc. now owns 27,730 shares of the apparel and home fashions retailer’s stock worth $3,378,000 after buying an additional 6,415 shares in the last quarter. ING Groep NV boosted its position in shares of TJX Companies by 10.7% during the first quarter. ING Groep NV now owns 159,443 shares of the apparel and home fashions retailer’s stock valued at $19,420,000 after purchasing an additional 15,390 shares in the last quarter. Finally, Brooklyn Investment Group grew its position in shares of TJX Companies by 65.8% in the 1st quarter. Brooklyn Investment Group now owns 7,983 shares of the apparel and home fashions retailer’s stock worth $972,000 after buying an additional 3,168 shares during the period. 91.09% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have commented on the company. Wall Street Zen raised TJX Companies from a “hold” rating to a “buy” rating in a report on Saturday, August 23rd. Telsey Advisory Group reissued an “outperform” rating and set a $155.00 price target on shares of TJX Companies in a report on Wednesday. Barclays upped their target price 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. BTIG Research initiated coverage on TJX Companies in a research report on Tuesday, October 14th. They set a “buy” rating and a $165.00 price objective on the stock. Finally, Wells Fargo & Company set a $140.00 price target on TJX Companies and gave the company an “equal weight” rating in a report on Monday, October 27th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $151.75.

TJX Companies Stock Performance

Shares of NYSE:TJX opened at $146.54 on Friday. The firm has a fifty day simple moving average of $142.20 and a two-hundred day simple moving average of $133.31. The TJX Companies, Inc. has a 52 week low of $112.10 and a 52 week high of $148.11. 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 stock has a market capitalization of $163.09 billion, a P/E ratio of 33.38, a PEG ratio of 3.14 and a beta of 0.90.

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 (EPS) 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 firm had revenue of $14.40 billion for the quarter, compared to analysts’ expectations of $14.12 billion. During the same period in the prior year, the company earned $0.96 EPS. The business’s revenue was up 6.9% compared to the same quarter last year. 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, analysts expect that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Announces Dividend

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