Nomura Asset Management Co. Ltd. Acquires 116,921 Shares of The TJX Companies, Inc. $TJX

Nomura Asset Management Co. Ltd. grew its holdings in The TJX Companies, Inc. (NYSE:TJX) by 21.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 673,345 shares of the apparel and home fashions retailer’s stock after purchasing an additional 116,921 shares during the period. Nomura Asset Management Co. Ltd. owned about 0.06% of TJX Companies worth $83,151,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. TCTC Holdings LLC increased its holdings in TJX Companies by 210.1% in the 1st quarter. TCTC Holdings LLC now owns 214 shares of the apparel and home fashions retailer’s stock worth $26,000 after buying an additional 145 shares in the last quarter. Princeton Global Asset Management LLC purchased a new stake in shares of TJX Companies during the 2nd quarter valued at about $28,000. Legacy Investment Solutions LLC bought a new stake in shares of TJX Companies in the second quarter worth approximately $32,000. True Wealth Design LLC raised its holdings in shares of TJX Companies by 121.1% during the second quarter. True Wealth Design LLC now owns 272 shares of the apparel and home fashions retailer’s stock valued at $34,000 after purchasing an additional 149 shares during the last quarter. Finally, Activest Wealth Management lifted its position in TJX Companies by 4,485.7% during the first quarter. Activest Wealth Management now owns 321 shares of the apparel and home fashions retailer’s stock valued at $39,000 after purchasing an additional 314 shares during the period. Hedge funds and other institutional investors own 91.09% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the stock. Wall Street Zen raised shares of TJX Companies from a “hold” rating to a “buy” rating in a research report on Saturday, August 23rd. Bank of America lifted their price objective on TJX Companies from $145.00 to $150.00 and gave the stock a “buy” rating in a report on Thursday, August 21st. Macquarie reissued a “buy” rating on shares of TJX Companies in a report on Monday, August 11th. Evercore ISI raised their target price on TJX Companies from $150.00 to $162.00 and gave the stock an “outperform” rating in a research report on Thursday, August 21st. Finally, Sanford C. Bernstein upped their price target on shares of TJX Companies from $145.00 to $152.00 and gave the company an “outperform” rating in a research report on Thursday, August 21st. One analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $151.75.

TJX Companies Stock Performance

NYSE:TJX opened at $146.05 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 stock has a 50-day simple moving average of $142.33 and a two-hundred day simple moving average of $133.51. The firm has a market capitalization of $162.55 billion, a PE ratio of 33.27, a P/E/G ratio of 3.14 and a beta of 0.90. The TJX Companies, Inc. has a 52-week low of $112.10 and a 52-week high of $148.11.

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. The company had revenue of $14.40 billion during the quarter, compared to the consensus estimate of $14.12 billion. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.The firm’s revenue was up 6.9% on a year-over-year basis. During the same period in the previous year, the company posted $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 forecast that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 4th. Stockholders 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 dividend yield of 1.2%. The ex-dividend date is Thursday, November 13th. TJX Companies’s dividend payout ratio (DPR) is presently 38.72%.

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.