MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Boosts Stock Position in The TJX Companies, Inc. $TJX

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) by 3.3% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 169,161 shares of the apparel and home fashions retailer's stock after purchasing an additional 5,481 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.'s holdings in TJX Companies were worth $20,595,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of TJX. Brighton Jones LLC raised its position in TJX Companies by 113.7% during the 4th quarter. Brighton Jones LLC now owns 15,039 shares of the apparel and home fashions retailer's stock valued at $1,817,000 after purchasing an additional 8,002 shares in the last quarter. Revolve Wealth Partners LLC raised its position in TJX Companies by 12.1% during the 4th quarter. Revolve Wealth Partners LLC now owns 2,172 shares of the apparel and home fashions retailer's stock valued at $262,000 after purchasing an additional 235 shares in the last quarter. Bison Wealth LLC raised its position in TJX Companies by 32.9% during the 4th quarter. Bison Wealth LLC now owns 3,856 shares of the apparel and home fashions retailer's stock valued at $466,000 after purchasing an additional 955 shares in the last quarter. Clark Capital Management Group Inc. raised its position in TJX Companies by 30.6% during the 4th quarter. Clark Capital Management Group Inc. now owns 2,910 shares of the apparel and home fashions retailer's stock valued at $352,000 after purchasing an additional 682 shares in the last quarter. Finally, First Manhattan CO. LLC. raised its position in TJX Companies by 3.6% during the 4th quarter. First Manhattan CO. LLC. now owns 18,241 shares of the apparel and home fashions retailer's stock valued at $2,204,000 after purchasing an additional 629 shares in the last quarter. 91.09% of the stock is owned by institutional investors.

TJX Companies Stock Down 1.2%

Shares of TJX stock opened at $139.30 on Monday. The TJX Companies, Inc. has a 1-year low of $111.22 and a 1-year high of $145.58. The stock's fifty day moving average price is $129.89 and its 200 day moving average price is $126.42. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.17 and a quick ratio of 0.52. The company has a market cap of $155.03 billion, a price-to-earnings ratio of 31.73, a price-to-earnings-growth ratio of 3.13 and a beta of 0.90.

TJX Companies (NYSE:TJX - Get Free Report) last announced its earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.09. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.The firm had revenue of $14.40 billion for the quarter, compared to the consensus estimate of $14.12 billion. During the same period in the previous year, the business earned $0.96 EPS. The firm's revenue for the quarter 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, research analysts expect that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Announces Dividend

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

Analyst Ratings Changes

A number of equities research analysts have weighed in on TJX shares. Telsey Advisory Group reaffirmed an "outperform" rating and set a $155.00 target price (up from $150.00) on shares of TJX Companies in a research report on Wednesday, August 20th. Daiwa America raised TJX Companies to a "strong-buy" rating in a research report on Tuesday, July 8th. Sanford C. Bernstein boosted their price target on TJX Companies from $145.00 to $152.00 and gave the stock an "outperform" rating in a research report on Thursday, August 21st. Cowen reissued a "buy" rating on shares of TJX Companies in a research report on Tuesday, May 20th. Finally, Loop Capital set a $150.00 price target on TJX Companies and gave the stock a "buy" rating in a research report on Thursday, May 22nd. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, TJX Companies has an average rating of "Buy" and a consensus target price of $147.58.

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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