BTG Pactual Asset Management US LLC Boosts Position in The TJX Companies, Inc. $TJX

Posted by Geri Gentry on Aug 31st, 2026

BTG Pactual Asset Management US LLC grew its stake in The TJX Companies, Inc. (NYSE:TJX – Free Report) by 89.5% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 12,915 shares of the apparel and home fashions retailer’s stock after purchasing an additional 6,099 shares during the period. BTG Pactual Asset Management US LLC’s holdings in TJX Companies were worth $1,957,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. BlackRock Inc. purchased a new position in shares of TJX Companies during the second quarter worth about $16,489,926,000. Bank of America Corp DE purchased a new stake in shares of TJX Companies in the 2nd quarter valued at about $3,511,553,000. Norges Bank acquired a new stake in shares of TJX Companies in the 4th quarter valued at about $2,211,975,000. Bank of New York Mellon Corp purchased a new position in TJX Companies during the 2nd quarter worth approximately $1,598,731,000. Finally, Primecap Management Co. CA acquired a new position in TJX Companies during the second quarter worth approximately $1,435,617,000. 91.09% of the stock is currently owned by institutional investors and hedge funds.

TJX Companies Trading Up 0.0%

Shares of TJX stock opened at $135.16 on Monday. The company has a market capitalization of $149.31 billion, a P/E ratio of 24.98, a price-to-earnings-growth ratio of 2.44 and a beta of 0.62. The company has a current ratio of 1.15, a quick ratio of 0.56 and a debt-to-equity ratio of 0.18. The business’s 50 day moving average is $152.86 and its two-hundred day moving average is $156.07. The TJX Companies, Inc. has a twelve month low of $133.55 and a twelve month high of $170.00.

TJX Companies (NYSE:TJX – Get Free Report) last released its quarterly earnings results on Wednesday, August 19th. The apparel and home fashions retailer reported $1.22 EPS for the quarter, topping 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 business had revenue of $15.18 billion during the quarter, compared to analysts’ expectations of $15.16 billion. During the same quarter in the prior year, the business earned $1.10 earnings per share. The company’s quarterly revenue was up 5.4% compared to the same quarter last year. 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 analysts forecast that The TJX Companies, Inc. will post 5.21 EPS for the current year.

TJX Companies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Thursday, August 13th will be paid a $0.48 dividend. 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 dividend payout ratio (DPR) is 35.49%.

Insider Activity

In related news, Director Jackwyn Nemerov sold 957 shares of the stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $168.59, for a total transaction of $161,340.63. Following the completion of the transaction, the director directly owned 802 shares of the company’s stock, valued at $135,209.18. This represents a 54.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Ernie Herrman sold 10,002 shares of the business’s stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $160.68, for a total value of $1,607,121.36. Following the transaction, the chief executive officer owned 514,848 shares in the company, valued at $82,725,776.64. The trade was a 1.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 130,367 shares of company stock worth $20,959,476 over the last quarter. Insiders own 0.15% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have weighed in on TJX. Morgan Stanley set a $178.00 price objective on TJX Companies and gave the company an “overweight” rating in a research note on Thursday, August 20th. Telsey Advisory Group lifted their target price on shares of TJX Companies from $175.00 to $185.00 and gave the company an “outperform” rating in a report on Thursday, May 21st. Citigroup downgraded shares of TJX Companies from a “buy” rating to a “neutral” rating and reduced their price target for the company from $182.00 to $154.00 in a research report on Thursday, August 20th. Robert W. Baird increased their price target on shares of TJX Companies from $172.00 to $175.00 and gave the stock an “outperform” rating in a research note on Thursday, May 21st. Finally, Jefferies Financial Group downgraded shares of TJX Companies from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $180.00 to $145.00 in a research report on Wednesday. Two research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $172.84.

Get Our Latest Research Report on TJX

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.