Asset Management One Co. Ltd. Has $67.05 Million Stock Position in The TJX Companies, Inc. $TJX

Key Points

• Asset Management One Co. Ltd. has reduced its stake in The TJX Companies to 542,977 shares, worth approximately $67.05 million after a 0.5% decrease in holdings.
• Several institutional investors are increasing their stakes in The TJX Companies, with Brighton Jones LLC raising its holdings by 113.7% in the fourth quarter.
• TJX Companies reported earnings of $1.10 per share in its latest quarter, exceeding expectations, and announced a quarterly dividend of $0.425 to be paid in December.

Asset Management One Co. Ltd. lowered its holdings in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) by 0.5% in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 542,977 shares of the apparel and home fashions retailer's stock after selling 2,614 shares during the period. Asset Management One Co. Ltd.'s holdings in TJX Companies were worth $67,052,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of TJX. Brighton Jones LLC increased its holdings in TJX Companies by 113.7% in the 4th quarter. Brighton Jones LLC now owns 15,039 shares of the apparel and home fashions retailer's stock worth $1,817,000 after purchasing an additional 8,002 shares in the last quarter. Revolve Wealth Partners LLC increased its holdings in TJX Companies by 12.1% in the 4th quarter. Revolve Wealth Partners LLC now owns 2,172 shares of the apparel and home fashions retailer's stock worth $262,000 after purchasing an additional 235 shares in the last quarter. Bison Wealth LLC increased its holdings in TJX Companies by 32.9% in the 4th quarter. Bison Wealth LLC now owns 3,856 shares of the apparel and home fashions retailer's stock worth $466,000 after purchasing an additional 955 shares in the last quarter. GAMMA Investing LLC increased its holdings in TJX Companies by 19.8% in the 1st quarter. GAMMA Investing LLC now owns 23,909 shares of the apparel and home fashions retailer's stock worth $2,912,000 after purchasing an additional 3,944 shares in the last quarter. Finally, Global Assets Advisory LLC acquired a new stake in shares of TJX Companies in the first quarter valued at about $488,000. Institutional investors and hedge funds own 91.09% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. Sanford C. Bernstein increased their price target on TJX Companies from $145.00 to $152.00 and gave the company an "outperform" rating in a research note on Thursday, August 21st. Erste Group Bank began coverage on TJX Companies in a report on Friday, September 5th. They issued a "buy" rating on the stock. JPMorgan Chase & Co. increased their price target on TJX Companies from $148.00 to $149.00 and gave the company an "overweight" rating in a research report on Monday, October 6th. Weiss Ratings reaffirmed a "buy (b+)" rating on shares of TJX Companies in a report on Wednesday, October 8th. Finally, Daiwa Capital Markets began coverage on TJX Companies in a report on Tuesday, July 8th. They issued an "outperform" rating and a $133.00 price target for the company. One research 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. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average price target of $148.50.

TJX Companies Stock Performance

TJX Companies stock opened at $142.32 on Friday. 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's 50 day simple moving average is $140.12 and its two-hundred day simple moving average is $131.44. The TJX Companies, Inc. has a fifty-two week low of $111.73 and a fifty-two week high of $146.46. The stock has a market cap of $158.39 billion, a price-to-earnings ratio of 32.42, a PEG ratio of 3.18 and a beta of 0.92.

TJX Companies (NYSE:TJX - Get Free Report) last issued its quarterly earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 EPS for the quarter, topping 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 firm had revenue of $14.40 billion for the quarter, compared to analysts' expectations of $14.12 billion. During the same period in the previous year, the firm posted $0.96 EPS. The business's revenue for the quarter was up 6.9% compared to the same quarter last year. 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 earnings per share for the current fiscal year.

TJX Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 4th. Investors of record on Thursday, November 13th will be given a $0.425 dividend. The ex-dividend date of this dividend is Thursday, November 13th. This represents a $1.70 annualized dividend and a yield of 1.2%. TJX Companies's dividend payout ratio is 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.

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