186,361 Shares in The TJX Companies, Inc. $TJX Bought by Union Bancaire Privee UBP SA

Union Bancaire Privee UBP SA bought a new position in shares of The TJX Companies, Inc. (NYSE:TJX) in the second quarter, Holdings Channel.com reports. The fund bought 186,361 shares of the apparel and home fashions retailer’s stock, valued at approximately $23,014,000.

A number of other hedge funds have also bought and sold shares of the company. Robbins Farley raised its stake in TJX Companies by 0.7% during the second quarter. Robbins Farley now owns 48,195 shares of the apparel and home fashions retailer’s stock worth $5,952,000 after buying an additional 357 shares during the last quarter. G&S Capital LLC bought a new position in TJX Companies during the second quarter worth $565,000. Capital Investment Advisors LLC raised its stake in TJX Companies by 9.7% during the second quarter. Capital Investment Advisors LLC now owns 5,576 shares of the apparel and home fashions retailer’s stock worth $689,000 after buying an additional 491 shares during the last quarter. Sterling Investment Advisors Ltd. raised its stake in TJX Companies by 9.6% during the second quarter. Sterling Investment Advisors Ltd. now owns 5,525 shares of the apparel and home fashions retailer’s stock worth $682,000 after buying an additional 483 shares during the last quarter. Finally, Asio Capital LLC increased its stake in TJX Companies by 14.2% in the second quarter. Asio Capital LLC now owns 3,026 shares of the apparel and home fashions retailer’s stock valued at $374,000 after purchasing an additional 376 shares in the last quarter. Institutional investors own 91.09% of the company’s stock.

TJX Companies Stock Up 0.3%

TJX Companies stock opened at $143.45 on Tuesday. The TJX Companies, Inc. has a fifty-two week low of $111.22 and a fifty-two week high of $145.58. The stock has a market cap of $159.65 billion, a PE ratio of 32.68, a price-to-earnings-growth ratio of 3.22 and a beta of 0.90. The firm’s 50-day simple moving average is $135.15 and its 200 day simple moving average is $128.71. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.52 and a current ratio of 1.17.

TJX Companies (NYSE:TJX) last released its quarterly earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.09. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. The business had revenue of $14.40 billion for the quarter, compared to analysts’ expectations of $14.12 billion. During the same period in the previous year, the company earned $0.96 earnings per share. The firm’s revenue for the quarter was up 6.9% compared to the same quarter last year. TJX Companies has set its FY 2026 guidance at 4.520-4.570 EPS. Q3 2026 guidance at 1.170-1.190 EPS. Research analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 4th. Investors of record on Thursday, November 13th will be issued a dividend of $0.425 per share. The ex-dividend date is Thursday, November 13th. This represents a $1.70 annualized dividend and a yield of 1.2%. TJX Companies’s payout ratio is 38.72%.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the stock. Morgan Stanley lifted their price target on shares of TJX Companies from $140.00 to $150.00 and gave the company an “overweight” rating in a research note on Thursday, August 21st. Sanford C. Bernstein lifted their price target on shares of TJX Companies from $145.00 to $152.00 and gave the company an “outperform” rating in a research note on Thursday, August 21st. Telsey Advisory Group reaffirmed an “outperform” rating and issued a $155.00 price target (up from $150.00) on shares of TJX Companies in a research note on Wednesday, August 20th. Bank of America lifted their price objective on shares of TJX Companies from $145.00 to $150.00 and gave the company a “buy” rating in a report on Thursday, August 21st. Finally, Robert W. Baird lifted their price objective on shares of TJX Companies from $143.00 to $152.00 and gave the company an “outperform” rating in a report on Thursday, August 21st. One investment 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’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $147.58.

TJX Companies Company Profile

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.