Dynamic Technology Lab Private Ltd Boosts Holdings in The TJX Companies, Inc. $TJX

Dynamic Technology Lab Private Ltd raised its position in The TJX Companies, Inc. (NYSE:TJX) by 329.1% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 19,145 shares of the apparel and home fashions retailer’s stock after acquiring an additional 14,683 shares during the period. Dynamic Technology Lab Private Ltd’s holdings in TJX Companies were worth $2,364,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also made changes to their positions in TJX. FCG Investment Co purchased a new stake in TJX Companies in the first quarter valued at about $2,620,000. MinichMacGregor Wealth Management LLC purchased a new stake in shares of TJX Companies during the second quarter worth about $5,045,000. Empowered Funds LLC increased its holdings in shares of TJX Companies by 66.6% during the second quarter. Empowered Funds LLC now owns 76,998 shares of the apparel and home fashions retailer’s stock valued at $9,508,000 after acquiring an additional 30,779 shares in the last quarter. Infusive Asset Management Inc. raised its position in shares of TJX Companies by 30.1% in the 1st quarter. Infusive Asset Management Inc. now owns 27,730 shares of the apparel and home fashions retailer’s stock valued at $3,378,000 after purchasing an additional 6,415 shares during the last quarter. Finally, First American Bank raised its position in shares of TJX Companies by 4.5% in the 2nd quarter. First American Bank now owns 138,840 shares of the apparel and home fashions retailer’s stock valued at $17,145,000 after purchasing an additional 5,921 shares during the last quarter. 91.09% of the stock is owned by institutional investors and hedge funds.

TJX Companies Trading Up 0.2%

TJX Companies stock opened at $145.83 on Thursday. The firm has a market cap of $162.30 billion, a PE ratio of 33.22, a P/E/G ratio of 3.14 and a beta of 0.90. The TJX Companies, Inc. has a 12 month low of $112.10 and a 12 month high of $151.00. The stock’s 50 day simple moving average is $142.66 and its two-hundred day simple moving average is $133.84. The company has a current ratio of 1.17, a quick ratio of 0.52 and a debt-to-equity ratio of 0.32.

TJX Companies (NYSE:TJX) last posted its earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 earnings per share for the quarter, beating the consensus estimate of $1.22 by $0.06. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. The firm had revenue of $15.12 billion during the quarter, compared to analyst estimates of $14.80 billion. During the same period in the previous year, the firm earned $1.14 EPS. The business’s quarterly revenue was up 7.5% on a year-over-year basis. TJX Companies has set its Q4 2026 guidance at 1.330-1.360 EPS. FY 2026 guidance at 4.630-4.660 EPS. Analysts anticipate that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 4th. Stockholders of record on Thursday, November 13th will be paid 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 of this dividend is Thursday, November 13th. TJX Companies’s dividend payout ratio is presently 38.72%.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. Jefferies Financial Group restated a “buy” rating and set a $170.00 price target on shares of TJX Companies in a research note on Tuesday, November 11th. Robert W. Baird boosted 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. Citigroup raised their target price on TJX Companies from $140.00 to $160.00 and gave the stock a “buy” rating in a research note on Thursday, August 21st. Weiss Ratings reaffirmed a “buy (b+)” rating on shares of TJX Companies in a research report on Wednesday, October 8th. Finally, Wells Fargo & Company set a $140.00 price objective on TJX Companies and gave the company an “equal weight” rating in a report on Monday, October 27th. One analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, TJX Companies currently has a consensus rating of “Buy” and a consensus target price of $151.75.

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.