Dimensional Fund Advisors LP Boosts Stock Holdings in The TJX Companies, Inc. $TJX

Key Points

• Dimensional Fund Advisors LP has increased its holdings in The TJX Companies by purchasing an additional 3,006 shares, bringing its total ownership to approximately 6,563,127 shares, valued at around $799 million.
• Several institutional investors, including TCTC Holdings LLC and Atlantic Edge Private Wealth Management LLC, have significantly increased their stakes in TJX Companies during the first quarter, indicating strong investor interest.
• Analysts are generally bullish on TJX Companies, with many brokerages assigning it a "buy" rating and target prices above $140, reflecting confidence in the company's growth potential.

Dimensional Fund Advisors LP raised its holdings in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 0.0% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 6,563,127 shares of the apparel and home fashions retailer's stock after acquiring an additional 3,006 shares during the period. Dimensional Fund Advisors LP owned approximately 0.59% of TJX Companies worth $799,247,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Nuveen LLC purchased a new stake in TJX Companies in the 1st quarter valued at $1,330,717,000. GAMMA Investing LLC boosted its position in shares of TJX Companies by 14,486.1% during the 1st 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 acquiring an additional 2,892,151 shares during the last quarter. Capital Research Global Investors grew its holdings in shares of TJX Companies by 689.6% in the fourth quarter. Capital Research Global Investors now owns 2,595,085 shares of the apparel and home fashions retailer's stock valued at $313,512,000 after purchasing an additional 2,266,415 shares during the period. Northern Trust Corp increased its position in TJX Companies by 15.2% during the fourth quarter. Northern Trust Corp now owns 13,985,826 shares of the apparel and home fashions retailer's stock worth $1,689,628,000 after purchasing an additional 1,845,225 shares during the last quarter. Finally, Royal Bank of Canada raised its stake in TJX Companies by 12.9% during the fourth quarter. Royal Bank of Canada now owns 12,300,919 shares of the apparel and home fashions retailer's stock worth $1,486,074,000 after purchasing an additional 1,403,561 shares during the period. 91.09% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on TJX shares. Morgan Stanley set a $140.00 price objective on TJX Companies and gave the stock an "overweight" rating in a research report on Thursday, May 22nd. Loop Capital set a $150.00 target price on TJX Companies and gave the company a "buy" rating in a research report on Thursday, May 22nd. Daiwa Capital Markets assumed coverage on shares of TJX Companies in a research note on Tuesday, July 8th. They issued an "outperform" rating and a $133.00 price objective for the company. Citigroup upgraded shares of TJX Companies from a "neutral" rating to a "buy" rating in a report on Wednesday, May 21st. Finally, TD Securities increased their price target on shares of TJX Companies from $140.00 to $142.00 and gave the company a "buy" rating in a research note on Tuesday, May 20th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, TJX Companies presently has an average rating of "Buy" and a consensus target price of $141.33.

TJX Companies Price Performance

Shares of TJX Companies stock traded up $1.37 during trading on Tuesday, hitting $134.43. 6,407,360 shares of the company were exchanged, compared to its average volume of 5,288,738. The company has a quick ratio of 0.51, a current ratio of 1.16 and a debt-to-equity ratio of 0.34. The stock has a market capitalization of $150.17 billion, a price-to-earnings ratio of 31.63, a P/E/G ratio of 3.09 and a beta of 0.89. The TJX Companies, Inc. has a fifty-two week low of $111.22 and a fifty-two week high of $135.85. The firm has a 50 day moving average price of $126.05 and a 200 day moving average price of $125.16.

TJX Companies (NYSE:TJX - Get Free Report) last announced its earnings results on Wednesday, May 21st. The apparel and home fashions retailer reported $0.92 earnings per share for the quarter, beating the consensus estimate of $0.90 by $0.02. TJX Companies had a net margin of 8.47% and a return on equity of 58.81%. The firm had revenue of $13.11 billion during the quarter, compared to the consensus estimate of $13.01 billion. During the same quarter in the previous year, the company posted $0.93 EPS. The firm's revenue for the quarter was up 5.1% on a year-over-year basis. TJX Companies has set its FY 2026 guidance at 4.340-4.430 EPS. Q2 2026 guidance at 0.970-1.000 EPS. On average, equities analysts expect that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 4th. Investors of record on Thursday, August 14th will be given a dividend of $0.425 per share. The ex-dividend date is Thursday, August 14th. This represents a $1.70 dividend on an annualized basis and a yield of 1.3%. TJX Companies's dividend payout ratio (DPR) is 40.00%.

Insider Buying and Selling

In other TJX Companies news, Director Amy B. Lane sold 950 shares of the business's stock in a transaction on Tuesday, June 3rd. The stock was sold at an average price of $128.09, for a total value of $121,685.50. Following the completion of the transaction, the director directly owned 22,712 shares in the company, valued at approximately $2,909,180.08. The trade was a 4.01% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.13% of the company's stock.

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.