Legal & General Group Plc Invests $807.30 Million in The TJX Companies, Inc. $TJX

Posted by Geri Gentry on Aug 25th, 2026

Legal & General Group Plc bought a new position in The TJX Companies, Inc. (NYSE:TJX – Free Report) during the second quarter, according to its most recent disclosure with the SEC. The firm bought 5,328,735 shares of the apparel and home fashions retailer’s stock, valued at approximately $807,303,000.

Other hedge funds have also bought and sold shares of the company. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna raised its stake in shares of TJX Companies by 120.3% in the fourth quarter. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna now owns 163 shares of the apparel and home fashions retailer’s stock worth $25,000 after buying an additional 89 shares during the period. Entrust Financial LLC purchased a new stake in TJX Companies in the 4th quarter worth approximately $26,000. Wilkerson Advisory Group LLC purchased a new stake in TJX Companies in the 4th quarter worth approximately $26,000. Joseph Group Capital Management bought a new stake in TJX Companies during the 4th quarter worth approximately $27,000. Finally, IMG Wealth Management Inc. raised its stake in TJX Companies by 65.7% during the 4th quarter. IMG Wealth Management Inc. now owns 174 shares of the apparel and home fashions retailer’s stock worth $27,000 after acquiring an additional 69 shares during the period. Institutional investors own 91.09% of the company’s stock.

TJX Companies Trading Up 0.2%

Shares of NYSE TJX opened at $140.78 on Tuesday. The TJX Companies, Inc. has a twelve month low of $134.74 and a twelve month high of $170.00. The company has a quick ratio of 0.56, a current ratio of 1.15 and a debt-to-equity ratio of 0.18. The business has a fifty day simple moving average of $155.10 and a two-hundred day simple moving average of $156.60. The firm has a market cap of $155.51 billion, a PE ratio of 26.02, a price-to-earnings-growth ratio of 2.71 and a beta of 0.62.

TJX Companies (NYSE:TJX – Get Free Report) last announced its quarterly earnings results on Wednesday, August 19th. The apparel and home fashions retailer reported $1.22 EPS for the quarter, beating the consensus estimate of $1.19 by $0.03. TJX Companies had a return on equity of 56.56% and a net margin of 9.73%.The firm had revenue of $15.18 billion for the quarter, compared to analyst estimates of $15.16 billion. During the same quarter last year, the firm posted $1.10 earnings per share. The business’s revenue for the quarter was up 5.4% on a year-over-year basis. TJX Companies has set its FY 2027 guidance at 5.150-5.200 EPS and its Q3 2027 guidance at 1.360-1.380 EPS. Analysts expect that The TJX Companies, Inc. will post 5.22 earnings per share for the current fiscal year.

TJX Companies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Thursday, August 13th will be given a $0.48 dividend. This represents a $1.92 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend is Thursday, August 13th. TJX Companies’s dividend payout ratio is presently 35.49%.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on TJX. Wells Fargo & Company dropped their price objective on TJX Companies from $160.00 to $140.00 and set an “equal weight” rating for the company in a research note on Thursday, August 20th. Erste Group Bank cut shares of TJX Companies from a “buy” rating to a “hold” rating in a research report on Wednesday, July 15th. Morgan Stanley set a $178.00 price target on TJX Companies and gave the stock an “overweight” rating in a research report on Thursday. Truist Financial set a $190.00 price objective on shares of TJX Companies and gave the stock a “buy” rating in a research note on Thursday, May 21st. Finally, Citigroup downgraded TJX Companies from a “buy” rating to a “neutral” rating and cut their price objective for the company from $182.00 to $154.00 in a research report on Thursday. Two research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $173.89.

View Our Latest Report on TJX Companies

Insider Buying and Selling at TJX Companies

In other TJX Companies news, CFO John Klinger sold 6,235 shares of the company’s stock in a transaction on Friday, June 5th. The stock was sold at an average price of $160.77, for a total transaction of $1,002,400.95. Following the completion of the sale, the chief financial officer owned 64,257 shares in the company, valued at $10,330,597.89. This represents a 8.84% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Ernie Herrman sold 29,549 shares of the company’s stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $157.46, for a total value of $4,652,785.54. Following the sale, the chief executive officer owned 552,850 shares of the company’s stock, valued at approximately $87,051,761. This represents a 5.07% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 130,367 shares of company stock valued at $20,959,476 in the last ninety days. Company insiders own 0.15% of the company’s stock.

TJX Companies Company Profile

(Free Report)

TJX Companies, Inc is a leading off-price retailer of apparel, footwear, home fashions and other consumer goods. The company operates multiple retail concepts that offer discounted brand-name and designer merchandise, including well-known banners such as T.J. Maxx and Marshalls in the United States, HomeGoods for home furnishings, TK Maxx in parts of Europe, and Winners and Homesense in Canada. Merchandise categories span women’s, men’s and children’s apparel, accessories, beauty, home décor, kitchenware and small furniture, with frequent changes in assortment that create a “treasure-hunt” shopping experience for consumers.

The company’s business model centers on opportunistic buying, purchasing excess, irregular or out-of-season inventory from manufacturers, department stores and other suppliers, and passing savings to customers through lower prices.