The TJX Companies, Inc. $TJX Stock Position Lifted by Braun Bostich & Associates Inc.

Braun Bostich & Associates Inc. boosted its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 8.8% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,682 shares of the apparel and home fashions retailer’s stock after purchasing an additional 217 shares during the period. Braun Bostich & Associates Inc.’s holdings in TJX Companies were worth $331,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its position in TJX Companies by 1.1% during the first quarter. Vanguard Group Inc. now owns 100,413,764 shares of the apparel and home fashions retailer’s stock valued at $12,230,396,000 after purchasing an additional 1,099,129 shares in the last quarter. Ameriprise Financial Inc. grew its position in TJX Companies by 0.3% in the first 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 in the last quarter. 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 worth $1,489,305,000 after acquiring an additional 1,104,292 shares in the last quarter. Nuveen LLC bought a new stake in TJX Companies in the first quarter worth approximately $1,330,717,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in TJX Companies by 10.9% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 10,187,824 shares of the apparel and home fashions retailer’s stock worth $1,230,791,000 after acquiring an additional 1,005,260 shares in the last quarter. 91.09% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

TJX has been the subject of several recent research reports. Erste Group Bank initiated coverage on shares of TJX Companies in a research report on Friday, September 5th. They issued a “buy” rating for the company. UBS Group boosted their price objective on shares of TJX Companies from $164.00 to $172.00 and gave the stock a “buy” rating in a research note on Thursday, August 21st. JPMorgan Chase & Co. boosted their price objective on shares of TJX Companies from $145.00 to $148.00 and gave the stock an “overweight” rating in a research note on Thursday, August 21st. Wall Street Zen upgraded shares of TJX Companies from a “hold” rating to a “buy” rating in a research note on Saturday, August 23rd. Finally, Citigroup boosted their price objective on shares of TJX Companies from $140.00 to $160.00 and gave the stock a “buy” rating in a research note on Thursday, August 21st. One analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, TJX Companies presently has an average rating of “Buy” and a consensus target price of $147.58.

TJX Companies Stock Performance

NYSE:TJX opened at $139.55 on Monday. The TJX Companies, Inc. has a 52-week low of $111.22 and a 52-week high of $145.58. The company has a market cap of $155.31 billion, a price-to-earnings ratio of 31.79, a PEG ratio of 3.14 and a beta of 0.90. 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 firm’s 50-day moving average is $131.39 and its 200-day moving average is $127.03.

TJX Companies (NYSE:TJX) last announced its quarterly earnings data on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.01 by $0.09. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. The company had revenue of $14.40 billion during the quarter, compared to analysts’ expectations of $14.12 billion. During the same quarter in the prior year, the company posted $0.96 EPS. The business’s revenue was up 6.9% on a year-over-year basis. TJX Companies has set its FY 2026 guidance at 4.520-4.570 EPS. Q3 2026 guidance at 1.170-1.190 EPS. Equities research analysts anticipate that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

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.