Caxton Associates LLP Buys Shares of 14,173 The TJX Companies, Inc. $TJX

Key Points

• Caxton Associates LLP acquired 14,173 shares of The TJX Companies, Inc., valued at approximately $1,726,000, during the first quarter.
• Institutional investors and hedge funds own 91.09% of the company's stock, indicating substantial institutional interest in TJX.
• The TJX Companies reported $1.10 earnings per share for the last quarter, exceeding analyst expectations of $1.01, with a quarterly revenue of $14.40 billion.

Caxton Associates LLP bought a new position in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 14,173 shares of the apparel and home fashions retailer's stock, valued at approximately $1,726,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Shell Asset Management Co. grew its holdings in TJX Companies by 16.5% during the 4th quarter. Shell Asset Management Co. now owns 29,168 shares of the apparel and home fashions retailer's stock worth $3,524,000 after acquiring an additional 4,128 shares during the last quarter. Pathstone Holdings LLC raised its holdings in TJX Companies by 10.1% during the fourth quarter. Pathstone Holdings LLC now owns 736,616 shares of the apparel and home fashions retailer's stock worth $88,992,000 after buying an additional 67,853 shares during the last quarter. Pinnacle Financial Partners Inc grew its stake in shares of TJX Companies by 2.2% in the 1st quarter. Pinnacle Financial Partners Inc now owns 387,342 shares of the apparel and home fashions retailer's stock worth $46,989,000 after acquiring an additional 8,319 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in TJX Companies by 28.2% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 163,680 shares of the apparel and home fashions retailer's stock worth $19,774,000 after buying an additional 35,991 shares during the last quarter. Finally, State of Alaska Department of Revenue increased its holdings in TJX Companies by 1.7% during the first quarter. State of Alaska Department of Revenue now owns 181,712 shares of the apparel and home fashions retailer's stock worth $22,132,000 after buying an additional 3,125 shares during the last quarter. 91.09% of the stock is currently owned by institutional investors and hedge funds.

TJX Companies Price Performance

TJX traded up $0.97 during trading on Thursday, reaching $140.83. 5,197,344 shares of the company traded hands, compared to its average volume of 5,271,569. 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 12-month low of $111.22 and a 12-month high of $145.58. The firm has a fifty day simple moving average of $131.12 and a 200 day simple moving average of $126.87. The company has a market cap of $156.74 billion, a P/E ratio of 32.08, a PEG ratio of 3.15 and a beta of 0.90.

TJX Companies (NYSE:TJX - Get Free Report) last posted its earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 EPS for the quarter, beating analysts' consensus estimates of $1.01 by $0.09. The firm had revenue of $14.40 billion during the quarter, compared to the consensus estimate of $14.12 billion. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.The company's quarterly revenue was up 6.9% compared to the same quarter last year. During the same period in the prior year, the company earned $0.96 EPS. TJX Companies has set its FY 2026 guidance at 4.520-4.570 EPS. Q3 2026 guidance at 1.170-1.190 EPS. On average, equities analysts forecast that The TJX Companies, Inc. will post 4.18 EPS for the current year.

Analyst Ratings Changes

TJX has been the subject of a number of analyst reports. JPMorgan Chase & Co. raised their price objective on shares of TJX Companies from $145.00 to $148.00 and gave the company an "overweight" rating in a research report on Thursday, August 21st. Daiwa America raised shares of TJX Companies to a "strong-buy" rating in a research note on Tuesday, July 8th. BMO Capital Markets reissued an "outperform" rating on shares of TJX Companies in a research report on Wednesday, May 21st. TD Securities boosted their target price on shares of TJX Companies from $140.00 to $142.00 and gave the company a "buy" rating in a report on Tuesday, May 20th. Finally, Telsey Advisory Group reiterated an "outperform" rating and issued a $155.00 price target (up previously from $150.00) on shares of TJX Companies in a research note on Wednesday, August 20th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, TJX Companies currently has an average rating of "Buy" and an average target price of $147.58.

TJX Companies Company 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.