MBB Public Markets I LLC Makes New Investment in The TJX Companies, Inc. $TJX

Key Points

• MBB Public Markets I LLC acquired a new position in The TJX Companies, purchasing 2,700 shares valued at approximately $329,000 during the first quarter.
• Several institutional investors have significantly increased their holdings in TJX, with Nuveen LLC acquiring a position worth $1.33 billion and GAMMA Investing LLC increasing its holdings by over 14,000% this quarter.
• Analysts have a generally positive outlook on TJX, with an average rating of "Buy" and a price target range reaching as high as $162.00 from different analysts.

MBB Public Markets I LLC acquired 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 Form 13F filing with the Securities & Exchange Commission. The firm acquired 2,700 shares of the apparel and home fashions retailer's stock, valued at approximately $329,000.

A number of other institutional investors have also modified their holdings of TJX. Nuveen LLC acquired a new position in shares of TJX Companies in the 1st quarter valued at $1,330,717,000. GAMMA Investing LLC increased its holdings 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 valued at $354,696,000 after acquiring an additional 2,892,151 shares during the period. Royal Bank of Canada increased its holdings in shares of TJX Companies by 12.9% in 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. increased its holdings 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 valued at $399,790,000 after acquiring an additional 1,302,845 shares during the period. Finally, Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of TJX Companies in the 4th quarter valued at $136,753,000. 91.09% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have recently commented on TJX shares. Loop Capital set a $150.00 target price on shares of TJX Companies and gave the company a "buy" rating in a report on Thursday, May 22nd. Evercore ISI boosted their price objective on shares of TJX Companies from $150.00 to $162.00 and gave the company an "outperform" rating in a research note on Thursday, August 21st. Barclays boosted their price objective on shares of TJX Companies from $147.00 to $155.00 and gave the company an "overweight" rating in a research note on Thursday, August 21st. Bank of America boosted their price objective on shares of TJX Companies from $145.00 to $150.00 and gave the company a "buy" rating in a research note on Thursday, August 21st. Finally, Daiwa America raised shares of TJX Companies to a "strong-buy" rating in a research note on Tuesday, July 8th. One 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. According to data from MarketBeat.com, TJX Companies has an average rating of "Buy" and an average price target of $147.58.

TJX Companies Price Performance

Shares of NYSE TJX opened at $140.80 on Tuesday. The firm has a market capitalization of $156.70 billion, a P/E ratio of 32.07, a PEG ratio of 3.13 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's fifty day moving average is $130.23 and its two-hundred day moving average is $126.55. 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 issued its earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 EPS for the quarter, topping the consensus estimate of $1.01 by $0.09. The company had revenue of $14.40 billion for 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% on a year-over-year basis. During the same period in the previous year, the firm earned $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. Analysts forecast that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

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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