Gotham Asset Management LLC Buys 41,968 Shares of The TJX Companies, Inc. $TJX

Key Points

• Gotham Asset Management LLC significantly increased its stake in The TJX Companies, purchasing an additional 41,968 shares and raising its total holdings to 171,188 shares, valued at approximately $20.85 million.
• As of its last financial disclosures, TJX Companies reported $1.10 earnings per share for the quarter, exceeding analysts' expectations, with revenue growing 6.9% year-over-year to $14.40 billion.
• The company also declared a quarterly dividend of $0.425 per share, resulting in an annualized dividend of $1.70 and a yield of 1.2%.

Gotham Asset Management LLC increased its stake in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 32.5% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 171,188 shares of the apparel and home fashions retailer's stock after purchasing an additional 41,968 shares during the period. Gotham Asset Management LLC's holdings in TJX Companies were worth $20,851,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of TJX. Brighton Jones LLC increased its position in shares of TJX Companies by 113.7% in the fourth quarter. Brighton Jones LLC now owns 15,039 shares of the apparel and home fashions retailer's stock worth $1,817,000 after purchasing an additional 8,002 shares during the last quarter. Revolve Wealth Partners LLC increased its position in shares of TJX Companies by 12.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 2,172 shares of the apparel and home fashions retailer's stock worth $262,000 after purchasing an additional 235 shares during the last quarter. Bison Wealth LLC increased its position in shares of TJX Companies by 32.9% in the fourth quarter. Bison Wealth LLC now owns 3,856 shares of the apparel and home fashions retailer's stock worth $466,000 after purchasing an additional 955 shares during the last quarter. Cetera Investment Advisers increased its position in shares of TJX Companies by 4.0% in the fourth quarter. Cetera Investment Advisers now owns 301,019 shares of the apparel and home fashions retailer's stock worth $36,366,000 after purchasing an additional 11,548 shares during the last quarter. Finally, Diligent Investors LLC bought a new position in shares of TJX Companies in the fourth quarter worth approximately $283,000. 91.09% of the stock is currently owned by institutional investors.

TJX Companies Stock Up 1.1%

Shares of TJX Companies stock opened at $140.99 on Friday. 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 52-week low of $111.22 and a 52-week high of $145.58. The stock has a market capitalization of $156.92 billion, a price-to-earnings ratio of 32.12, a P/E/G ratio of 3.14 and a beta of 0.90. The company's 50 day moving average price is $129.57 and its 200-day moving average price is $126.26.

TJX Companies (NYSE:TJX - Get Free Report) last issued 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. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. The firm had revenue of $14.40 billion for the quarter, compared to analysts' expectations of $14.12 billion. During the same quarter last year, the business earned $0.96 earnings per share. The business's revenue was up 6.9% on a year-over-year basis. TJX Companies has set its FY 2026 guidance at 4.520-4.570 EPS. Q3 2026 guidance at 1.170-1.190 EPS. Equities research analysts forecast that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, September 4th. Stockholders of record on Thursday, August 14th were issued a $0.425 dividend. The ex-dividend date was Thursday, August 14th. This represents a $1.70 annualized dividend and a dividend yield of 1.2%. TJX Companies's dividend payout ratio (DPR) is currently 38.72%.

Analyst Ratings Changes

TJX has been the topic of a number of recent research reports. Evercore ISI increased their price target on shares of TJX Companies from $150.00 to $162.00 and gave the company an "outperform" rating in a research report on Thursday, August 21st. Telsey Advisory Group reiterated an "outperform" rating and set a $155.00 price target (up from $150.00) on shares of TJX Companies in a research report on Wednesday, August 20th. BMO Capital Markets reiterated an "outperform" rating on shares of TJX Companies in a research report on Wednesday, May 21st. Bank of America increased their price target on shares of TJX Companies from $145.00 to $150.00 and gave the company a "buy" rating in a research report on Thursday, August 21st. Finally, Cowen reiterated a "buy" rating on shares of TJX Companies in a research report on Tuesday, May 20th. One analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Buy" and a consensus 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.

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