KADENSA CAPITAL Ltd Invests $4.11 Million in The TJX Companies, Inc. $TJX

Key Points

• KADENSA CAPITAL Ltd has invested approximately $4.11 million in The TJX Companies, acquiring 33,725 shares during the first quarter.
• During the same period, several major investors, including Gotham Asset Management and DnB Asset Management, significantly increased their stakes in TJX, highlighting strong institutional interest.
• The TJX Companies reported an earnings per share (EPS) of $1.10, exceeding analysts' expectations and demonstrating a 6.9% year-over-year revenue growth.

KADENSA CAPITAL Ltd purchased a new position in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 33,725 shares of the apparel and home fashions retailer's stock, valued at approximately $4,108,000.

Other large investors have also modified their holdings of the company. Gotham Asset Management LLC grew its position in TJX Companies by 32.5% during the 1st quarter. Gotham Asset Management LLC now owns 171,188 shares of the apparel and home fashions retailer's stock worth $20,851,000 after purchasing an additional 41,968 shares during the last quarter. DnB Asset Management AS lifted its stake in shares of TJX Companies by 42.8% during the first quarter. DnB Asset Management AS now owns 338,759 shares of the apparel and home fashions retailer's stock worth $41,261,000 after buying an additional 101,583 shares during the period. DoubleLine ETF Adviser LP acquired a new stake in shares of TJX Companies during the first quarter worth $3,195,000. Edmond DE Rothschild Holding S.A. lifted its stake in shares of TJX Companies by 13.5% during the first quarter. Edmond DE Rothschild Holding S.A. now owns 234,603 shares of the apparel and home fashions retailer's stock worth $28,575,000 after buying an additional 27,853 shares during the period. Finally, EFG Asset Management North America Corp. lifted its stake in shares of TJX Companies by 1.4% during the first quarter. EFG Asset Management North America Corp. now owns 24,827 shares of the apparel and home fashions retailer's stock worth $3,023,000 after buying an additional 331 shares during the period. Hedge funds and other institutional investors own 91.09% of the company's stock.

TJX Companies Price Performance

Shares of NYSE TJX opened at $140.99 on Friday. The business's 50 day moving average price is $129.57 and its 200 day moving average price is $126.26. The firm has a market cap of $156.92 billion, a P/E ratio of 32.12, a P/E/G ratio of 3.14 and a beta of 0.90. The TJX Companies, Inc. has a 52 week low of $111.22 and a 52 week high of $145.58. The company has a quick ratio of 0.52, a current ratio of 1.17 and a debt-to-equity ratio of 0.32.

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 EPS for the quarter, beating analysts' consensus estimates of $1.01 by $0.09. The firm had revenue of $14.40 billion for the quarter, compared to analyst estimates of $14.12 billion. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.TJX Companies's revenue for the quarter was up 6.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.96 earnings per share. 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 expect that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 4th. Shareholders of record on Thursday, August 14th were given a $0.425 dividend. This represents a $1.70 annualized dividend and a yield of 1.2%. The ex-dividend date was Thursday, August 14th. TJX Companies's dividend payout ratio is currently 38.72%.

Wall Street Analyst Weigh In

TJX has been the subject of several research reports. BMO Capital Markets reiterated an "outperform" rating on shares of TJX Companies in a research note on Wednesday, May 21st. TD Securities lifted their price objective on shares of TJX Companies from $140.00 to $142.00 and gave the stock a "buy" rating in a research note on Tuesday, May 20th. Sanford C. Bernstein lifted their price objective on shares of TJX Companies from $145.00 to $152.00 and gave the stock an "outperform" rating in a research note on Thursday, August 21st. Cowen reiterated a "buy" rating on shares of TJX Companies in a research report on Tuesday, May 20th. Finally, Citigroup upped their target price on TJX Companies from $140.00 to $160.00 and gave the company a "buy" rating in a research report on Thursday, August 21st. One analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Buy" and an average target price of $147.58.

TJX Companies Company 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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