National Pension Service Increases Stock Position in The TJX Companies, Inc. $TJX

Key Points

• National Pension Service increased its TJX holdings by 1.6% in the second quarter, adding 41,029 shares to reach 2.69 million shares valued at approximately $406.9 million. Institutional investors and hedge funds collectively own 91.09% of the company.
• TJX reported quarterly earnings of $1.22 per share, beating estimates by $0.03, while revenue rose 5.4% year over year to $15.18 billion. The company guided for fiscal 2027 earnings of $5.15–$5.20 per share.
• TJX shares opened at $126.05, near their 52-week low of $125.81. Despite recent downgrades from Jefferies and Citigroup, analysts maintain a “Moderate Buy” consensus with an average price target of $171.63.

National Pension Service lifted its holdings in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) by 1.6% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,686,071 shares of the apparel and home fashions retailer's stock after buying an additional 41,029 shares during the period. National Pension Service owned about 0.24% of TJX Companies worth $406,940,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna boosted its position in shares of TJX Companies by 120.3% during the 4th quarter. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna now owns 163 shares of the apparel and home fashions retailer's stock worth $25,000 after purchasing an additional 89 shares in the last quarter. Entrust Financial LLC acquired a new stake in shares of TJX Companies in the fourth quarter valued at about $26,000. Wilkerson Advisory Group LLC acquired a new stake in shares of TJX Companies in the fourth quarter valued at about $26,000. IMG Wealth Management Inc. boosted its holdings in TJX Companies by 65.7% during the fourth quarter. IMG Wealth Management Inc. now owns 174 shares of the apparel and home fashions retailer's stock worth $27,000 after buying an additional 69 shares in the last quarter. Finally, Cetera Trust Company N.A acquired a new position in TJX Companies during the second quarter worth about $27,000. Institutional investors and hedge funds own 91.09% of the company's stock.

TJX Companies Price Performance

TJX stock opened at $126.05 on Thursday. The company has a quick ratio of 0.56, a current ratio of 1.15 and a debt-to-equity ratio of 0.18. The TJX Companies, Inc. has a 52-week low of $125.81 and a 52-week high of $170.00. The stock's 50 day moving average is $148.67 and its two-hundred day moving average is $154.75. The company has a market capitalization of $138.65 billion, a PE ratio of 23.30, a P/E/G ratio of 2.32 and a beta of 0.60.

TJX Companies (NYSE:TJX - Get Free Report) last announced its quarterly earnings data on Wednesday, August 19th. The apparel and home fashions retailer reported $1.22 earnings per share for the quarter, beating the consensus estimate of $1.19 by $0.03. The firm had revenue of $15.18 billion during the quarter, compared to analyst estimates of $15.16 billion. TJX Companies had a return on equity of 56.56% and a net margin of 9.73%.TJX Companies's quarterly revenue was up 5.4% on a year-over-year basis. During the same period in the previous year, the company earned $1.10 earnings per share. TJX Companies has set its FY 2027 guidance at 5.150-5.200 EPS and its Q3 2027 guidance at 1.360-1.380 EPS. Analysts predict that The TJX Companies, Inc. will post 5.22 earnings per share for the current fiscal year.

Analyst Ratings Changes

TJX has been the topic of a number of research reports. Jefferies Financial Group cut TJX Companies from a "buy" rating to a "hold" rating and lowered their price target for the stock from $180.00 to $145.00 in a report on Wednesday, August 26th. Truist Financial set a $190.00 target price on shares of TJX Companies and gave the company a "buy" rating in a report on Thursday, May 21st. Morgan Stanley set a $178.00 price target on shares of TJX Companies and gave the company an "overweight" rating in a research report on Thursday, August 20th. Citigroup downgraded TJX Companies from a "buy" rating to a "neutral" rating and dropped their price target for the stock from $182.00 to $154.00 in a research report on Thursday, August 20th. Finally, JPMorgan Chase & Co. increased their price objective on TJX Companies from $173.00 to $174.00 and gave the company an "overweight" rating in a research note on Monday, May 18th. Two research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and four have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, TJX Companies presently has a consensus rating of "Moderate Buy" and a consensus target price of $171.63.

TJX Companies Company Profile

The TJX Companies, Inc is an off-price retailer specializing in apparel and home fashions. The company sells brand-name, designer and other merchandise at prices generally below those of full-price retailers. Its product assortment includes women's, men's and children's clothing, footwear, accessories, beauty products, home furnishings, decor and other household goods.

TJX operates through a portfolio of retail banners, including T.J. Maxx, Marshalls, HomeGoods, Sierra and Homesense in the United States; Winners, HomeSense and Marshalls in Canada; and TK Maxx and Homesense in Europe and Australia.

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