Vinva Investment Management Ltd Raises Stock Position in The TJX Companies, Inc. $TJX

Vinva Investment Management Ltd lifted its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 30.9% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 75,797 shares of the apparel and home fashions retailer’s stock after buying an additional 17,882 shares during the period. Vinva Investment Management Ltd’s holdings in TJX Companies were worth $9,352,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Vanguard Group Inc. lifted its stake in shares of TJX Companies by 0.7% during the second quarter. Vanguard Group Inc. now owns 101,141,056 shares of the apparel and home fashions retailer’s stock worth $12,489,909,000 after purchasing an additional 727,292 shares in the last quarter. Geode Capital Management LLC lifted its position in TJX Companies by 1.2% during the 2nd quarter. Geode Capital Management LLC now owns 26,070,916 shares of the apparel and home fashions retailer’s stock worth $3,205,927,000 after acquiring an additional 301,127 shares in the last quarter. Ameriprise Financial Inc. boosted its holdings in 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 acquiring an additional 35,800 shares during the period. Amundi grew its position in TJX Companies by 10.2% in the first quarter. Amundi now owns 11,888,455 shares of the apparel and home fashions retailer’s stock valued at $1,489,305,000 after acquiring an additional 1,104,292 shares in the last quarter. Finally, Nuveen LLC acquired a new stake in TJX Companies in the first quarter valued at approximately $1,330,717,000. 91.09% of the stock is owned by hedge funds and other institutional investors.

TJX Companies Stock Performance

Shares of TJX stock opened at $153.32 on Thursday. The stock has a market capitalization of $170.63 billion, a price-to-earnings ratio of 34.92, a PEG ratio of 3.14 and a beta of 0.90. The TJX Companies, Inc. has a one year low of $112.10 and a one year high of $154.66. The company’s 50-day simple moving average is $143.73 and its 200-day simple moving average is $134.62. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.52 and a current ratio of 1.17.

TJX Companies (NYSE:TJX) last announced its quarterly earnings data on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.22 by $0.06. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.The firm had revenue of $15.12 billion for the quarter, compared to analysts’ expectations of $14.80 billion. During the same quarter in the prior year, the firm posted $1.14 earnings per share. TJX Companies’s revenue for the quarter was up 7.5% compared to the same quarter last year. TJX Companies has set its Q4 2026 guidance at 1.330-1.360 EPS. FY 2026 guidance at 4.630-4.660 EPS. Equities analysts anticipate that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 4th. Shareholders 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 yield of 1.1%. The ex-dividend date of this dividend is Thursday, November 13th. TJX Companies’s payout ratio is currently 37.53%.

Insider Buying and Selling at TJX Companies

In other TJX Companies news, CEO Ernie Herrman sold 24,363 shares of the stock in a transaction on Friday, November 21st. The shares were sold at an average price of $151.31, for a total transaction of $3,686,365.53. Following the sale, the chief executive officer directly owned 510,780 shares of the company’s stock, valued at approximately $77,286,121.80. This represents a 4.55% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Amy B. Lane sold 500 shares of the firm’s stock in a transaction dated Friday, November 21st. The stock was sold at an average price of $151.40, for a total transaction of $75,700.00. Following the completion of the transaction, the director owned 22,212 shares in the company, valued at approximately $3,362,896.80. The trade was a 2.20% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 54,863 shares of company stock valued at $8,226,366. 0.13% of the stock is owned by insiders.

Analyst Ratings Changes

A number of research firms have recently commented on TJX. The Goldman Sachs Group boosted their target price on shares of TJX Companies from $163.00 to $170.00 and gave the stock a “buy” rating in a research report on Thursday, November 20th. Erste Group Bank began coverage on shares of TJX Companies in a research note on Friday, September 5th. They set a “buy” rating on the stock. Sanford C. Bernstein upped their price objective on shares of TJX Companies from $152.00 to $155.00 and gave the company an “outperform” rating in a research report on Thursday, November 20th. Morgan Stanley reaffirmed an “overweight” rating and set a $162.00 target price (up from $159.00) on shares of TJX Companies in a research report on Thursday, November 20th. Finally, Wells Fargo & Company reiterated a “market perform” rating and issued a $145.00 price target (up previously from $140.00) on shares of TJX Companies in a research note on Thursday, November 20th. One analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of $158.90.

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.