Jacobs Levy Equity Management Inc. Makes New $3.38 Million Investment in The TJX Companies, Inc. $TJX

Key Points

• Jacobs Levy Equity Management Inc. has made a new investment in The TJX Companies, acquiring 27,751 shares valued at approximately $3.38 million.
• Several hedge funds, including Nuveen LLC and GAMMA Investing LLC, have significantly increased their stakes in TJX Companies during the first quarter, highlighting strong institutional interest.
• TJX Companies reported $1.10 EPS for the last quarter, surpassing analysts’ expectations, and has set a fiscal year 2026 guidance of 4.520-4.570 EPS.

Jacobs Levy Equity Management Inc. bought a new position in The TJX Companies, Inc. (NYSE:TJX - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 27,751 shares of the apparel and home fashions retailer's stock, valued at approximately $3,380,000.

Several other hedge funds also recently made changes to their positions in TJX. Nuveen LLC bought a new position in TJX Companies in the first quarter worth $1,330,717,000. GAMMA Investing LLC increased its stake in shares of TJX Companies by 14,486.1% in the 1st quarter. GAMMA Investing LLC now owns 2,912,116 shares of the apparel and home fashions retailer's stock worth $354,696,000 after acquiring an additional 2,892,151 shares in the last quarter. Royal Bank of Canada lifted its position in TJX Companies by 12.9% during the 4th quarter. Royal Bank of Canada now owns 12,300,919 shares of the apparel and home fashions retailer's stock valued at $1,486,074,000 after acquiring an additional 1,403,561 shares during the period. Assenagon Asset Management S.A. boosted its stake in TJX Companies by 65.8% during 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 acquiring an additional 1,302,845 shares in the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH bought a new position in shares of TJX Companies during the fourth quarter valued at approximately $136,753,000. 91.09% of the stock is currently owned by institutional investors.

TJX Companies Price Performance

Shares of NYSE:TJX opened at $139.95 on Wednesday. The firm has a market cap of $155.76 billion, a price-to-earnings ratio of 31.88, a price-to-earnings-growth ratio of 3.17 and a beta of 0.90. The business has a 50-day simple moving average of $130.53 and a two-hundred day simple moving average of $126.65. The TJX Companies, Inc. has a fifty-two week low of $111.22 and a fifty-two week high of $145.58. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.52 and a current ratio of 1.17.

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, topping analysts' consensus estimates of $1.01 by $0.09. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. The business had revenue of $14.40 billion during the quarter, compared to the consensus estimate of $14.12 billion. During the same quarter in the previous year, the firm posted $0.96 EPS. The firm'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. On average, analysts expect that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. Erste Group Bank started coverage on TJX Companies in a research note on Friday, September 5th. They issued a "buy" rating on the stock. Cowen reissued a "buy" rating on shares of TJX Companies in a report on Tuesday, May 20th. Barclays raised their price target on TJX Companies from $147.00 to $155.00 and gave the company an "overweight" rating in a report on Thursday, August 21st. Macquarie reiterated a "buy" rating on shares of TJX Companies in a research note on Monday, August 11th. Finally, Citigroup increased their price objective on shares of TJX Companies from $140.00 to $160.00 and gave the company a "buy" rating in a research report on Thursday, August 21st. One 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 stock. According to MarketBeat, the stock presently has an average rating of "Buy" and an average target price 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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