Commerzbank Aktiengesellschaft FI Acquires 7,066 Shares of The TJX Companies, Inc. $TJX

Key Points

• Commerzbank Aktiengesellschaft FI has significantly increased its stake in The TJX Companies, acquiring an additional 7,066 shares, resulting in total holdings worth approximately $1.68 million.
• The TJX Companies reported a quarterly earnings of $1.10 EPS, surpassing analysts' expectations, with revenues up 6.9% year-over-year.
• The company has declared a quarterly dividend of $0.425 per share, scheduled for payout on December 4th, reflecting an annualized yield of 1.2%.

Commerzbank Aktiengesellschaft FI raised its holdings in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) by 108.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 13,582 shares of the apparel and home fashions retailer's stock after acquiring an additional 7,066 shares during the period. Commerzbank Aktiengesellschaft FI's holdings in TJX Companies were worth $1,678,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of TJX. Nuveen LLC bought a new position in TJX Companies during the first quarter valued at approximately $1,330,717,000. Mirova US LLC boosted its stake in shares of TJX Companies by 164.5% during the second quarter. Mirova US LLC now owns 2,699,156 shares of the apparel and home fashions retailer's stock valued at $333,319,000 after purchasing an additional 1,678,665 shares during the period. Amundi boosted its stake in shares of TJX Companies by 10.2% during the first quarter. Amundi now owns 11,888,455 shares of the apparel and home fashions retailer's stock valued at $1,489,305,000 after purchasing an additional 1,104,292 shares during the period. Vanguard Group Inc. boosted its stake in shares of TJX Companies by 1.1% during the first quarter. Vanguard Group Inc. now owns 100,413,764 shares of the apparel and home fashions retailer's stock valued at $12,230,396,000 after purchasing an additional 1,099,129 shares during the period. Finally, Goldman Sachs Group Inc. boosted its stake in shares of TJX Companies by 17.7% during the first quarter. Goldman Sachs Group Inc. now owns 6,807,714 shares of the apparel and home fashions retailer's stock valued at $829,180,000 after purchasing an additional 1,025,329 shares during the period. 91.09% of the stock is currently owned by institutional investors.

TJX Companies Price Performance

Shares of TJX Companies stock opened at $140.38 on Friday. The company has a quick ratio of 0.52, a current ratio of 1.17 and a debt-to-equity ratio of 0.32. The company has a market cap of $156.23 billion, a PE ratio of 31.98, a P/E/G ratio of 3.08 and a beta of 0.92. The business has a 50 day moving average of $138.07 and a 200 day moving average of $130.10. The TJX Companies, Inc. has a 52 week low of $111.73 and a 52 week high of $145.58.

TJX Companies (NYSE:TJX - Get Free Report) last announced 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 company 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 firm's revenue for the quarter was up 6.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $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, equities research analysts forecast that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 4th. Shareholders of record on Thursday, November 13th will be issued a $0.425 dividend. The ex-dividend date is Thursday, November 13th. This represents a $1.70 dividend on an annualized basis and a yield of 1.2%. TJX Companies's dividend payout ratio is 38.72%.

Analysts Set New Price Targets

TJX has been the subject of a number of analyst reports. JPMorgan Chase & Co. increased their price objective on TJX Companies from $148.00 to $149.00 and gave the company an "overweight" rating in a research note on Monday, October 6th. Sanford C. Bernstein increased their price objective on TJX Companies from $145.00 to $152.00 and gave the company an "outperform" rating in a research note on Thursday, August 21st. Wall Street Zen raised TJX Companies from a "hold" rating to a "buy" rating in a research note on Saturday, August 23rd. Bank of America increased their price objective on TJX Companies from $145.00 to $150.00 and gave the company a "buy" rating in a research note on Thursday, August 21st. Finally, Telsey Advisory Group restated an "outperform" rating and set a $155.00 target price (up previously from $150.00) on shares of TJX Companies in a report on Wednesday, August 20th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Buy" and a consensus price target of $147.63.

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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