The TJX Companies, Inc. $TJX Shares Acquired by Jennison Associates LLC

Jennison Associates LLC grew its holdings in The TJX Companies, Inc. (NYSE:TJX) by 2.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 5,256,301 shares of the apparel and home fashions retailer’s stock after acquiring an additional 141,725 shares during the quarter. Jennison Associates LLC’s holdings in TJX Companies were worth $649,101,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in TJX. Brighton Jones LLC boosted its holdings in 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 acquiring an additional 8,002 shares in the last quarter. Revolve Wealth Partners LLC boosted its holdings in TJX Companies by 12.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 2,172 shares of the apparel and home fashions retailer’s stock worth $262,000 after acquiring an additional 235 shares in the last quarter. Bison Wealth LLC boosted its holdings in TJX Companies by 32.9% in the fourth quarter. Bison Wealth LLC now owns 3,856 shares of the apparel and home fashions retailer’s stock worth $466,000 after acquiring an additional 955 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its holdings in TJX Companies by 1.1% in the first quarter. Allspring Global Investments Holdings LLC now owns 299,492 shares of the apparel and home fashions retailer’s stock worth $36,754,000 after acquiring an additional 3,187 shares in the last quarter. Finally, Ameritas Advisory Services LLC boosted its holdings in TJX Companies by 15.5% in the first quarter. Ameritas Advisory Services LLC now owns 5,048 shares of the apparel and home fashions retailer’s stock worth $613,000 after acquiring an additional 678 shares in the last quarter. Institutional investors and hedge funds own 91.09% of the company’s stock.

TJX Companies Stock Up 0.4%

Shares of TJX stock opened at $143.91 on Wednesday. The stock has a 50 day moving average of $140.70 and a 200 day moving average of $131.95. The company has a current ratio of 1.17, a quick ratio of 0.52 and a debt-to-equity ratio of 0.32. The stock has a market cap of $160.17 billion, a P/E ratio of 32.78, a P/E/G ratio of 3.18 and a beta of 0.92. The TJX Companies, Inc. has a twelve month low of $111.73 and a twelve month high of $146.46.

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

TJX Companies Dividend Announcement

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

Analyst Ratings Changes

A number of equities research analysts recently commented on the company. BTIG Research assumed coverage on TJX Companies in a report on Tuesday, October 14th. They set a “buy” rating and a $165.00 target price for the company. UBS Group lifted their target price on TJX Companies from $164.00 to $172.00 and gave the stock a “buy” rating in a report on Thursday, August 21st. Daiwa Capital Markets assumed coverage on TJX Companies in a report on Tuesday, July 8th. They set an “outperform” rating and a $133.00 target price for the company. Weiss Ratings reaffirmed a “buy (b+)” rating on shares of TJX Companies in a report on Wednesday, October 8th. Finally, Telsey Advisory Group reaffirmed an “outperform” rating and set a $155.00 target price (up previously from $150.00) on shares of TJX Companies in a report on Wednesday, August 20th. One analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $149.00.

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.