AG2R LA Mondiale Gestion D Actifs Takes $5.33 Million Position in The TJX Companies, Inc. $TJX

Key Points

• AG2R LA Mondiale Gestion D Actifs has acquired a new stake in The TJX Companies, purchasing approximately 41,977 shares valued at $5.33 million in the first quarter.
• Analysts have largely rated TJX Companies positively, with a consensus target price of $147.58 and several upgrades to "buy" ratings from firms like Morgan Stanley and Bank of America.
• In its most recent quarter, TJX reported earnings of $1.10 per share, surpassing estimates and showing a year-over-year revenue increase of 6.9%.

AG2R LA Mondiale Gestion D Actifs purchased a new stake in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 41,977 shares of the apparel and home fashions retailer's stock, valued at approximately $5,327,000.

Other institutional investors have also recently made changes to their positions in the company. Nuveen LLC purchased a new position in TJX Companies in the first quarter valued at about $1,330,717,000. GAMMA Investing LLC grew its stake in TJX Companies by 14,486.1% in the first quarter. GAMMA Investing LLC now owns 2,912,116 shares of the apparel and home fashions retailer's stock valued at $354,696,000 after purchasing an additional 2,892,151 shares during the last quarter. Royal Bank of Canada grew its stake in TJX Companies by 12.9% in the fourth quarter. Royal Bank of Canada now owns 12,300,919 shares of the apparel and home fashions retailer's stock valued at $1,486,074,000 after purchasing an additional 1,403,561 shares during the last quarter. Assenagon Asset Management S.A. grew its stake in TJX Companies by 65.8% in the first quarter. Assenagon Asset Management S.A. now owns 3,282,351 shares of the apparel and home fashions retailer's stock valued at $399,790,000 after purchasing an additional 1,302,845 shares during the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in TJX Companies in the fourth quarter valued at about $136,753,000. Hedge funds and other institutional investors own 91.09% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on TJX shares. Erste Group Bank started coverage on TJX Companies in a research note on Friday, September 5th. They issued a "buy" rating on the stock. Morgan Stanley raised their price target on TJX Companies from $140.00 to $150.00 and gave the stock an "overweight" rating in a report on Thursday, August 21st. BMO Capital Markets reissued an "outperform" rating on shares of TJX Companies in a report on Wednesday, May 21st. TD Securities raised their price target on TJX Companies from $140.00 to $142.00 and gave the stock a "buy" rating in a report on Tuesday, May 20th. 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 report on Thursday, August 21st. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus target price of $147.58.

TJX Companies Trading Up 0.7%

Shares of NYSE:TJX opened at $140.83 on Friday. The TJX Companies, Inc. has a 12-month low of $111.22 and a 12-month high of $145.58. The company has a market capitalization of $156.74 billion, a PE ratio of 32.08, a PEG ratio of 3.15 and a beta of 0.90. The business has a 50 day moving average of $131.12 and a two-hundred day moving average of $126.87. 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 - Get Free Report) last announced its quarterly earnings results 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. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.The company had revenue of $14.40 billion during the quarter, compared to the consensus estimate of $14.12 billion. During the same period in the previous year, the company posted $0.96 earnings per share. TJX Companies's revenue for the quarter was up 6.9% on a year-over-year basis. 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 forecast that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies 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.

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