Meiji Yasuda Life Insurance Co Sells 868 Shares of The TJX Companies, Inc. $TJX

Meiji Yasuda Life Insurance Co lowered its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 1.2% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 70,682 shares of the apparel and home fashions retailer’s stock after selling 868 shares during the period. Meiji Yasuda Life Insurance Co’s holdings in TJX Companies were worth $8,609,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in TJX. Nuveen LLC acquired a new stake in shares of TJX Companies in the first quarter valued at approximately $1,330,717,000. GAMMA Investing LLC grew its holdings in shares of TJX Companies by 14,486.1% during the first quarter. GAMMA Investing LLC now owns 2,912,116 shares of the apparel and home fashions retailer’s stock worth $354,696,000 after purchasing an additional 2,892,151 shares during the last quarter. Royal Bank of Canada boosted its position in TJX Companies by 12.9% during the fourth quarter. Royal Bank of Canada now owns 12,300,919 shares of the apparel and home fashions retailer’s stock valued at $1,486,074,000 after acquiring an additional 1,403,561 shares during the last quarter. Assenagon Asset Management S.A. lifted its position in shares of TJX Companies by 65.8% during the 1st quarter. Assenagon Asset Management S.A. now owns 3,282,351 shares of the apparel and home fashions retailer’s stock valued at $399,790,000 after acquiring an additional 1,302,845 shares during the period. Finally, Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of TJX Companies during the fourth quarter valued at about $136,753,000. 91.09% of the stock is currently owned by institutional investors and hedge funds.

TJX Companies Price Performance

Shares of NYSE TJX opened at $139.30 on Monday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.52 and a current ratio of 1.17. The company has a market capitalization of $155.03 billion, a price-to-earnings ratio of 31.73, a P/E/G ratio of 3.13 and a beta of 0.90. The TJX Companies, Inc. has a fifty-two week low of $111.22 and a fifty-two week high of $145.58. The company has a 50 day simple moving average of $129.89 and a two-hundred day simple moving average of $126.42.

TJX Companies (NYSE:TJX) last posted 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. The business had revenue of $14.40 billion for the quarter, compared to analysts’ expectations of $14.12 billion. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. The business’s revenue for the quarter was up 6.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.96 EPS. TJX Companies has set its FY 2026 guidance at 4.520-4.570 EPS. Q3 2026 guidance at 1.170-1.190 EPS. Analysts expect that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, September 4th. Shareholders of record on Thursday, August 14th were issued a dividend of $0.425 per share. This represents a $1.70 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend was Thursday, August 14th. TJX Companies’s payout ratio is currently 38.72%.

Analyst Upgrades and Downgrades

TJX has been the topic of several recent research reports. Robert W. Baird raised their price target on shares of TJX Companies from $143.00 to $152.00 and gave the company an “outperform” rating in a research report on Thursday, August 21st. Morgan Stanley raised their target price on TJX Companies from $140.00 to $150.00 and gave the stock an “overweight” rating in a research report on Thursday, August 21st. Daiwa America raised shares of TJX Companies to a “strong-buy” rating in a report on Tuesday, July 8th. Daiwa Capital Markets started coverage on shares of TJX Companies in a report on Tuesday, July 8th. They issued an “outperform” rating and a $133.00 price target on the stock. Finally, Erste Group Bank began coverage on shares of TJX Companies in a research report on Friday. They set a “buy” rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, TJX Companies currently has a consensus rating of “Buy” and a consensus price target of $147.58.

About TJX Companies

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.