Nykredit A S Acquires Shares of 501,433 The TJX Companies, Inc. $TJX

Key Points

• Nykredit A/S acquired 501,433 TJX shares during the second quarter, valued at approximately $76 million. Institutional investors collectively own 91.09% of the retailer’s stock.
• TJX exceeded quarterly expectations with earnings of $1.22 per share and revenue of $15.18 billion, while reaffirming its $0.48 quarterly dividend, equal to a 1.5% annualized yield.
• The stock opened at $127.30, well below its 52-week high of $170 and both its 50-day and 200-day moving averages. Despite recent technical weakness and a 10.1% post-earnings decline, analysts maintain a “Moderate Buy” consensus with an average price target of $171.63.

Nykredit A S bought a new position in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 501,433 shares of the apparel and home fashions retailer's stock, valued at approximately $75,967,000.

A number of other hedge funds also recently modified their holdings of the stock. BlackRock Inc. acquired a new position in TJX Companies during the second quarter valued at approximately $16,489,926,000. Bank of America Corp DE acquired a new position in shares of TJX Companies during the 2nd quarter worth $3,511,553,000. Norges Bank acquired a new position in shares of TJX Companies during the 4th quarter worth $2,211,975,000. Bank of New York Mellon Corp bought a new stake in shares of TJX Companies during the 2nd quarter worth $1,598,731,000. Finally, Primecap Management Co. CA bought a new stake in shares of TJX Companies during the 2nd quarter worth $1,435,617,000. Institutional investors own 91.09% of the company's stock.

TJX Companies Price Performance

TJX stock opened at $127.30 on Friday. The company has a market capitalization of $140.03 billion, a P/E ratio of 23.53, a PEG ratio of 2.28 and a beta of 0.60. The company has a fifty day moving average price of $144.90 and a 200-day moving average price of $153.18. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.56 and a current ratio of 1.15. The TJX Companies, Inc. has a 52-week low of $122.78 and a 52-week high of $170.00.

TJX Companies (NYSE:TJX - Get Free Report) last posted its quarterly earnings data on Wednesday, August 19th. The apparel and home fashions retailer reported $1.22 earnings per share for the quarter, beating analysts' consensus estimates of $1.19 by $0.03. The business had revenue of $15.18 billion during the quarter, compared to the consensus estimate 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 prior year, the business posted $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. As a group, equities analysts expect that The TJX Companies, Inc. will post 5.22 EPS for the current year.

TJX Companies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 3rd. Shareholders of record on Thursday, November 12th will be given a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend is Thursday, November 12th. TJX Companies's dividend payout ratio is currently 35.49%.

TJX Companies News Summary

Here are the key news stories impacting TJX Companies this week:

• Positive Sentiment: TJX’s distribution model could help it manage weather-related disruptions, including a potential El Niño. Management said the off-price retailer can hold merchandise in its distribution network rather than immediately sending it to stores, providing flexibility to adjust inventory and timing. TJX CEO: Distribution model will help weather El Niño
• Positive Sentiment: TJX reaffirmed its quarterly dividend of $0.48 per share, payable December 3 to shareholders of record November 12. The dividend represents an annualized payout of $1.92 and a yield of approximately 1.5%, reinforcing the company’s shareholder-return appeal. TJX Companies Stock Is Trending After-Hours
• Neutral Sentiment: TJX appointed Craig A. Pintoff, an executive vice president, as an independent director and member of the Audit and Finance Committee. The addition broadens board oversight but is not expected to materially change near-term earnings. TJX Appoints Craig A. Pintoff to Board
• Negative Sentiment: TJX shares have declined 10.1% since the latest earnings report, despite the company exceeding quarterly EPS and revenue expectations. Investors appear focused on forward earnings estimates and whether expectations adequately reflect the company’s outlook, rather than on the reported-quarter results alone. Why Is TJX Down 10.1% Since Last Earnings Report?
• Negative Sentiment: The stock remains below its 50-day and 200-day moving averages, signaling continued technical weakness and potentially contributing to investor caution.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on TJX shares. Morgan Stanley set a $178.00 target price on TJX Companies and gave the company an "overweight" rating in a research report on Thursday, August 20th. Wells Fargo & Company dropped their target price on shares of TJX Companies from $160.00 to $140.00 and set an "equal weight" rating for the company in a report on Thursday, August 20th. Barclays set a $188.00 price target on shares of TJX Companies and gave the company an "overweight" rating in a research note on Thursday, August 20th. Weiss Ratings downgraded shares of TJX Companies from a "buy (b+)" rating to a "buy (b)" rating in a report on Tuesday, July 21st. Finally, Jefferies Financial Group downgraded TJX Companies from a "buy" rating to a "hold" rating and cut their price objective for the company from $180.00 to $145.00 in a report on Wednesday, August 26th. Two research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and four have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target 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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