Capital International Investors Has $2.27 Billion Position in The TJX Companies, Inc. $TJX

Key Points

• Capital International Investors increased its stake in TJX by 4.2% to 15,678,165 shares — a position worth about $2.27 billion, representing roughly 1.41% of the company.
• Multiple brokers have raised price targets (e.g., JPMorgan to $173, Barclays to $183, BTIG to $185), leaving TJX with a consensus "Buy" rating and an average target of $167.55.
• TJX beat quarterly estimates with $1.43 EPS vs. $1.38 expected and revenue of $17.74B, set FY2027 guidance of 4.93–5.02 EPS, and its CEO sold 30,000 shares for about $4.83 million (a 5.89% reduction in his holding).

Capital International Investors raised its stake in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) by 4.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 15,678,165 shares of the apparel and home fashions retailer's stock after purchasing an additional 630,574 shares during the period. Capital International Investors owned 1.41% of TJX Companies worth $2,266,066,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Legal & General Group Plc lifted its stake in shares of TJX Companies by 1.4% in the third quarter. Legal & General Group Plc now owns 5,770,270 shares of the apparel and home fashions retailer's stock worth $834,035,000 after buying an additional 78,997 shares during the last quarter. Vestcor Inc boosted its holdings in shares of TJX Companies by 33.8% during the 3rd quarter. Vestcor Inc now owns 33,110 shares of the apparel and home fashions retailer's stock worth $4,786,000 after buying an additional 8,369 shares during the period. Fieldview Capital Management LLC acquired a new position in TJX Companies in the 3rd quarter valued at $2,822,000. Schroder Investment Management Group raised its holdings in TJX Companies by 3.0% in the 3rd quarter. Schroder Investment Management Group now owns 3,587,495 shares of the apparel and home fashions retailer's stock worth $518,537,000 after acquiring an additional 103,332 shares during the period. Finally, Private Advisor Group LLC raised its holdings in TJX Companies by 0.5% in the 3rd quarter. Private Advisor Group LLC now owns 112,407 shares of the apparel and home fashions retailer's stock worth $16,247,000 after acquiring an additional 589 shares during the period. Institutional investors own 91.09% of the company's stock.

Analysts Set New Price Targets

TJX has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. upped their price target on shares of TJX Companies from $154.00 to $173.00 and gave the company an "overweight" rating in a report on Monday, February 23rd. Bank of America lifted their price objective on TJX Companies from $150.00 to $168.00 and gave the stock a "buy" rating in a research note on Thursday, November 20th. Jefferies Financial Group restated a "buy" rating and set a $170.00 target price on shares of TJX Companies in a research note on Tuesday, November 11th. BTIG Research reaffirmed a "buy" rating and issued a $185.00 target price (up from $165.00) on shares of TJX Companies in a report on Thursday, February 26th. Finally, Barclays lifted their price target on TJX Companies from $172.00 to $183.00 and gave the stock an "overweight" rating in a research report on Thursday, February 26th. Three equities research analysts have rated the stock with a Strong Buy rating and twenty-two have assigned a Buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Buy" and an average price target of $167.55.

Insider Buying and Selling at TJX Companies

In other news, CEO Ernie Herrman sold 30,000 shares of TJX Companies stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $160.95, for a total transaction of $4,828,500.00. Following the sale, the chief executive officer owned 479,316 shares of the company's stock, valued at approximately $77,145,910.20. This trade represents a 5.89% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.13% of the company's stock.

TJX Companies Stock Performance

NYSE:TJX opened at $158.06 on Tuesday. The firm's 50-day moving average is $155.33 and its 200-day moving average is $148.87. The company has a market cap of $175.52 billion, a price-to-earnings ratio of 32.39, a PEG ratio of 3.67 and a beta of 0.73. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.59 and a current ratio of 1.14. The TJX Companies, Inc. has a 52-week low of $112.10 and a 52-week high of $162.68.

TJX Companies (NYSE:TJX - Get Free Report) last released its earnings results on Wednesday, February 25th. The apparel and home fashions retailer reported $1.43 earnings per share for the quarter, topping analysts' consensus estimates of $1.38 by $0.05. TJX Companies had a return on equity of 57.70% and a net margin of 9.10%.The business had revenue of $17.74 billion for the quarter, compared to the consensus estimate of $17.36 billion. During the same period last year, the business earned $1.23 earnings per share. The firm's revenue for the quarter was up 8.5% compared to the same quarter last year. TJX Companies has set its FY 2027 guidance at 4.930-5.020 EPS and its Q1 2027 guidance at 0.970-0.990 EPS. Equities research analysts anticipate that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

About TJX Companies

TJX Companies, Inc is a leading off-price retailer of apparel, footwear, home fashions and other consumer goods. The company operates multiple retail concepts that offer discounted brand-name and designer merchandise, including well-known banners such as T.J. Maxx and Marshalls in the United States, HomeGoods for home furnishings, TK Maxx in parts of Europe, and Winners and Homesense in Canada. Merchandise categories span women's, men's and children's apparel, accessories, beauty, home décor, kitchenware and small furniture, with frequent changes in assortment that create a “treasure-hunt” shopping experience for consumers.

The company's business model centers on opportunistic buying, purchasing excess, irregular or out-of-season inventory from manufacturers, department stores and other suppliers, and passing savings to customers through lower prices.

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