26,229 Shares in The TJX Companies, Inc. $TJX Acquired by DoubleLine ETF Adviser LP

Key Points

• DoubleLine ETF Adviser LP acquired a new position in The TJX Companies, purchasing 26,229 shares valued at approximately $3.2 million, making it the 29th largest position in their portfolio.
• Despite mixed investor activity, 91.09% of TJX's stock is owned by institutional investors, highlighting strong institutional support.
• The company reported earnings of $1.10 per share, exceeding expectations, and has set fiscal year 2026 guidance at 4.520-4.570 EPS.

DoubleLine ETF Adviser LP purchased a new position in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 26,229 shares of the apparel and home fashions retailer's stock, valued at approximately $3,195,000. TJX Companies makes up 1.1% of DoubleLine ETF Adviser LP's portfolio, making the stock its 29th largest position.

A number of other large investors also recently modified their holdings of TJX. TCTC Holdings LLC grew its stake in shares of TJX Companies by 210.1% during the first quarter. TCTC Holdings LLC now owns 214 shares of the apparel and home fashions retailer's stock worth $26,000 after purchasing an additional 145 shares in the last quarter. Atlantic Edge Private Wealth Management LLC lifted its holdings in TJX Companies by 58.8% during the 1st quarter. Atlantic Edge Private Wealth Management LLC now owns 297 shares of the apparel and home fashions retailer's stock worth $36,000 after buying an additional 110 shares during the last quarter. Iron Horse Wealth Management LLC boosted its position in shares of TJX Companies by 99.3% during the 1st quarter. Iron Horse Wealth Management LLC now owns 299 shares of the apparel and home fashions retailer's stock worth $36,000 after acquiring an additional 149 shares in the last quarter. Inlight Wealth Management LLC purchased a new position in shares of TJX Companies in the 1st quarter valued at about $37,000. Finally, Activest Wealth Management raised its position in shares of TJX Companies by 4,485.7% during the 1st quarter. Activest Wealth Management now owns 321 shares of the apparel and home fashions retailer's stock worth $39,000 after acquiring an additional 314 shares in the last quarter. 91.09% of the stock is owned by hedge funds and other institutional investors.

TJX Companies Stock Up 0.5%

TJX stock opened at $139.33 on Thursday. The stock has a market capitalization of $155.65 billion, a PE ratio of 31.74, a price-to-earnings-growth ratio of 3.07 and a beta of 0.90. The company has a fifty day moving average of $129.19 and a 200-day moving average of $126.15. 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 TJX Companies, Inc. has a one year low of $111.22 and a one year high of $145.58.

TJX Companies (NYSE:TJX - Get Free Report) last posted its quarterly earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.09. The firm had revenue of $14.40 billion during the quarter, compared to analysts' expectations of $14.12 billion. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. The firm's revenue for the quarter was up 6.9% on a year-over-year basis. During the same period in the prior year, the company posted $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, analysts expect that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 4th. Investors of record on Thursday, August 14th will be issued a dividend of $0.425 per share. This represents a $1.70 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Thursday, August 14th. TJX Companies's dividend payout ratio is currently 38.72%.

Analysts Set New Price Targets

A number of brokerages recently issued reports on TJX. Evercore ISI upped their price target on TJX Companies from $150.00 to $162.00 and gave the company an "outperform" rating in a report on Thursday, August 21st. JPMorgan Chase & Co. upped their target price on shares of TJX Companies from $145.00 to $148.00 and gave the company an "overweight" rating in a report on Thursday, August 21st. Telsey Advisory Group reaffirmed an "outperform" rating and set a $155.00 price objective (up previously from $150.00) on shares of TJX Companies in a report on Wednesday, August 20th. Sanford C. Bernstein boosted their target price on TJX Companies from $145.00 to $152.00 and gave the company an "outperform" rating in a report on Thursday, August 21st. Finally, Bank of America raised their price target on TJX Companies from $145.00 to $150.00 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 have assigned a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, TJX Companies has an average rating of "Buy" and a consensus target price of $147.58.

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.

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