The TJX Companies, Inc. $TJX Shares Bought by GAMMA Investing LLC

Key Points

• GAMMA Investing LLC increased its holdings in TJX Companies by 13.9%, owning a total of 27,221 shares valued at approximately $3.36 million as of the latest SEC filing.
• TJX reported quarterly earnings, achieving an EPS of $1.10, surpassing analyst expectations, with a revenue of $14.40 billion for the same period.
• The firm declared a quarterly dividend of $0.425, set to be paid on December 4, which represents a 1.2% annual yield.

GAMMA Investing LLC increased its holdings in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 13.9% in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 27,221 shares of the apparel and home fashions retailer's stock after buying an additional 3,312 shares during the quarter. GAMMA Investing LLC's holdings in TJX Companies were worth $3,362,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Nuveen LLC purchased a new stake in shares of TJX Companies in the first quarter worth about $1,330,717,000. Assenagon Asset Management S.A. grew its stake in TJX Companies by 65.8% in the first quarter. Assenagon Asset Management S.A. now owns 3,282,351 shares of the apparel and home fashions retailer's stock worth $399,790,000 after purchasing an additional 1,302,845 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in TJX Companies during the fourth quarter valued at approximately $136,753,000. Amundi grew its position in TJX Companies by 10.2% during the 1st quarter. Amundi now owns 11,888,455 shares of the apparel and home fashions retailer's stock worth $1,489,305,000 after purchasing an additional 1,104,292 shares during the period. Finally, Vanguard Group Inc. lifted its holdings in 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 in the last quarter. 91.09% of the stock is owned by hedge funds and other institutional investors.

TJX Companies Price Performance

TJX stock traded down $0.34 during trading on Monday, reaching $139.44. 3,683,147 shares of the company were exchanged, compared to its average volume of 4,656,251. The company has a 50-day moving average of $133.23 and a two-hundred day moving average of $127.78. The TJX Companies, Inc. has a twelve month low of $111.22 and a twelve month high of $145.58. The company has a market capitalization of $155.19 billion, a price-to-earnings ratio of 31.76, a P/E/G ratio of 3.14 and a beta of 0.90. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.17 and a quick ratio of 0.52.

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 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.09. The firm had revenue of $14.40 billion during the quarter, compared to analyst estimates of $14.12 billion. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. The business's revenue was up 6.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $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. As a group, equities analysts predict that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 4th. Stockholders 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 dividend yield of 1.2%. TJX Companies's payout ratio is 38.72%.

Wall Street Analysts Forecast Growth

TJX has been the subject of a number of analyst reports. Robert W. Baird boosted their price objective on TJX Companies from $143.00 to $152.00 and gave the stock an "outperform" rating in a research report on Thursday, August 21st. UBS Group lifted their target price on shares of TJX Companies from $164.00 to $172.00 and gave the stock a "buy" rating in a research note on Thursday, August 21st. Citigroup lifted their target price on TJX Companies from $140.00 to $160.00 and gave the company a "buy" rating in a report on Thursday, August 21st. Bank of America boosted their price target on TJX Companies from $145.00 to $150.00 and gave the stock a "buy" rating in a research report on Thursday, August 21st. Finally, Wells Fargo & Company boosted their price objective on shares of TJX Companies from $120.00 to $130.00 and gave the company an "equal weight" rating in a research report on Thursday, August 21st. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, TJX Companies presently has a consensus rating of "Buy" and an average price target of $147.58.

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.