Jones Financial Companies Lllp Increases Stock Position in The TJX Companies, Inc. $TJX

Key Points

• Jones Financial Companies Lllp increased its holdings in The TJX Companies by 12.3%, owning 342,354 shares worth $41.17 million after buying an additional 37,410 shares in the first quarter.
• Several institutional investors significantly boosted their stakes in TJX, with GAMMA Investing LLC increasing its position by 14,486.1% and now owning 2.9 million shares valued at approximately $354.7 million.
• Analysts are optimistic overall, with a consensus rating of "Buy" for TJX, alongside a revised average target price of $147.58, indicating strong faith in the company's future performance.

Jones Financial Companies Lllp raised its position in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) by 12.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 342,354 shares of the apparel and home fashions retailer's stock after buying an additional 37,410 shares during the quarter. Jones Financial Companies Lllp's holdings in TJX Companies were worth $41,172,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in TJX. Nuveen LLC purchased a new position in TJX Companies during the first quarter valued at $1,330,717,000. GAMMA Investing LLC raised its position 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 purchasing an additional 2,892,151 shares during the last quarter. Assenagon Asset Management S.A. raised its position in shares of TJX Companies by 65.8% in the 1st 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 during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in shares of TJX Companies in the 4th quarter worth about $136,753,000. Finally, Amundi raised its position in shares of TJX Companies by 10.2% in 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 last quarter. Hedge funds and other institutional investors own 91.09% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on TJX. Bank of America lifted 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. Macquarie reaffirmed a "buy" rating on shares of TJX Companies in a research report on Monday, August 11th. Telsey Advisory Group reaffirmed an "outperform" rating and issued a $155.00 price target (up previously from $150.00) on shares of TJX Companies in a research report on Wednesday, August 20th. Wells Fargo & Company lifted their price target on TJX Companies from $120.00 to $130.00 and gave the stock an "equal weight" rating in a research report on Thursday, August 21st. Finally, Morgan Stanley lifted their price target on TJX Companies from $140.00 to $150.00 and gave the stock an "overweight" rating in a research report on Thursday, August 21st. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, TJX Companies presently has a consensus rating of "Buy" and an average target price of $147.58.

TJX Companies Price Performance

NYSE TJX opened at $139.55 on Monday. The stock has a 50-day moving average of $131.39 and a 200 day moving average of $127.03. The company has a market capitalization of $155.31 billion, a price-to-earnings ratio of 31.79, a PEG ratio of 3.14 and a beta of 0.90. The TJX Companies, Inc. has a one year low of $111.22 and a one year 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 released its quarterly earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.01 by $0.09. The business 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 business's quarterly revenue was up 6.9% compared to the same quarter last year. During the same period in the previous year, the company 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. On average, sell-side analysts forecast that The TJX Companies, Inc. will post 4.18 EPS for the current year.

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.

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