Caisse de depot et placement du Quebec Makes New $385.56 Million Investment in The TJX Companies, Inc. $TJX

Posted by Stanley Muller on Aug 26th, 2026

Caisse de depot et placement du Quebec acquired a new stake in shares of The TJX Companies, Inc. (NYSE:TJX – Free Report) during the 2nd quarter, HoldingsChannel.com reports. The firm acquired 2,544,960 shares of the apparel and home fashions retailer’s stock, valued at approximately $385,561,000.

Several other hedge funds have also recently modified their holdings of the stock. Brighton Jones LLC increased its holdings in shares of TJX Companies by 113.7% in the fourth quarter. Brighton Jones LLC now owns 15,039 shares of the apparel and home fashions retailer’s stock worth $1,817,000 after purchasing an additional 8,002 shares during the last quarter. Revolve Wealth Partners LLC boosted its stake in TJX Companies by 12.1% during the fourth quarter. Revolve Wealth Partners LLC now owns 2,172 shares of the apparel and home fashions retailer’s stock valued at $262,000 after buying an additional 235 shares during the last quarter. Bison Wealth LLC boosted its stake in TJX Companies by 32.9% during the fourth quarter. Bison Wealth LLC now owns 3,856 shares of the apparel and home fashions retailer’s stock valued at $466,000 after buying an additional 955 shares during the last quarter. United Bank grew its holdings in TJX Companies by 7.6% during the 2nd quarter. United Bank now owns 16,298 shares of the apparel and home fashions retailer’s stock valued at $2,013,000 after buying an additional 1,155 shares in the last quarter. Finally, Schnieders Capital Management LLC. purchased a new position in TJX Companies during the 2nd quarter valued at approximately $244,000. Hedge funds and other institutional investors own 91.09% of the company’s stock.

Insider Activity

In other 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 transaction, the chief financial officer directly owned 64,257 shares of the company’s stock, valued at approximately $10,330,597.89. This represents a 8.84% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Jackwyn Nemerov sold 957 shares of the stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $168.59, for a total value of $161,340.63. Following the sale, the director owned 802 shares of the company’s stock, valued at approximately $135,209.18. This represents a 54.41% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 130,367 shares of company stock worth $20,959,476. 0.15% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on TJX. Truist Financial set a $190.00 price objective on TJX Companies and gave the stock a “buy” rating in a report on Thursday, May 21st. Sanford C. Bernstein reiterated an “outperform” rating and set a $175.00 price objective on shares of TJX Companies in a research report on Tuesday. UBS Group reiterated a “buy” rating and issued a $198.00 target price (up from $197.00) on shares of TJX Companies in a report on Thursday, August 20th. Telsey Advisory Group increased their price target on TJX Companies from $175.00 to $185.00 and gave the company an “outperform” rating in a report on Thursday, May 21st. Finally, BTIG Research reaffirmed a “buy” rating and set a $190.00 price target on shares of TJX Companies in a research note on Thursday, August 20th. Two analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $174.16.

View Our Latest Stock Analysis on TJX

TJX Companies Trading Down 0.8%

Shares of NYSE TJX opened at $139.54 on Wednesday. The TJX Companies, Inc. has a 1-year low of $134.74 and a 1-year high of $170.00. The business has a fifty day moving average price of $154.57 and a 200 day moving average price of $156.50. The stock has a market capitalization of $154.15 billion, a P/E ratio of 25.79, a price-to-earnings-growth ratio of 2.71 and a beta of 0.62. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.15 and a quick ratio of 0.56.

TJX Companies (NYSE:TJX – Get Free Report) last announced its earnings results on Wednesday, August 19th. The apparel and home fashions retailer reported $1.22 EPS for the quarter, topping analysts’ consensus estimates of $1.19 by $0.03. The business had revenue of $15.18 billion during the quarter, compared to the consensus estimate of $15.16 billion. TJX Companies had a net margin of 9.73% and a return on equity of 56.56%. The firm’s revenue was up 5.4% on a year-over-year basis. During the same period in the previous year, the company posted $1.10 earnings per share. 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. Equities research analysts expect that The TJX Companies, Inc. will post 5.22 EPS for the current fiscal year.

TJX Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Thursday, August 13th will be paid a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Thursday, August 13th. TJX Companies’s payout ratio is 35.49%.

TJX Companies 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.