PFA Pension Forsikringsaktieselskab Makes New Investment in The TJX Companies, Inc. $TJX

Key Points

• PFA Pension Forsikringsaktieselskab acquired a new position of 672,805 shares in The TJX Companies worth about $104.52 million, representing roughly 0.06% ownership at the end of the quarter.
• Analysts are broadly bullish: MarketBeat shows a consensus Buy with a $167.55 target, and several firms have upgraded TJX or raised targets (e.g., BTIG $185, Deutsche Bank $184, Argus "strong-buy").
• TJX raised its quarterly dividend to $0.48 (from $0.43) for an annualized $1.92 (~1.2% yield) and recently beat quarterly EPS expectations while issuing FY2027 guidance of $4.93–$5.02 per share.

PFA Pension Forsikringsaktieselskab acquired a new position in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 672,805 shares of the apparel and home fashions retailer's stock, valued at approximately $104,520,000. PFA Pension Forsikringsaktieselskab owned approximately 0.06% of TJX Companies at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Dogwood Wealth Management LLC raised its stake in TJX Companies by 102.2% during the third quarter. Dogwood Wealth Management LLC now owns 182 shares of the apparel and home fashions retailer's stock worth $26,000 after acquiring an additional 92 shares in the last quarter. GGM Financials LLC bought a new stake in shares of TJX Companies during the third quarter worth $27,000. Joseph Group Capital Management bought a new stake in shares of TJX Companies during the fourth quarter worth $27,000. Imprint Wealth LLC bought a new position in shares of TJX Companies in the third quarter valued at about $27,000. Finally, KERR FINANCIAL PLANNING Corp acquired a new position in TJX Companies during the 3rd quarter worth about $28,000. 91.09% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

TJX has been the topic of several research reports. Weiss Ratings upgraded shares of TJX Companies from a "buy (b+)" rating to a "buy (a-)" rating in a research report on Wednesday, April 1st. BTIG Research reiterated a "buy" rating and set a $185.00 price target (up from $165.00) on shares of TJX Companies in a research report on Thursday, February 26th. Wall Street Zen upgraded shares of TJX Companies from a "hold" rating to a "buy" rating in a research report on Saturday, March 28th. Deutsche Bank Aktiengesellschaft set a $184.00 price target on shares of TJX Companies in a research report on Thursday, January 8th. Finally, Argus upgraded shares of TJX Companies to a "strong-buy" rating in a research report on Tuesday, March 3rd. Four analysts have rated the stock with a Strong Buy rating and twenty-one have issued a Buy rating to the company. According to MarketBeat, the company has a consensus rating of "Buy" and a consensus target price of $167.55.

Insider Transactions at TJX Companies

In related news, CEO Ernie Herrman sold 30,000 shares of the firm's stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $160.95, for a total value of $4,828,500.00. Following the transaction, the chief executive officer owned 479,316 shares in the company, valued at $77,145,910.20. This trade represents a 5.89% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.13% of the stock is currently owned by corporate insiders.

TJX Companies Price Performance

TJX Companies stock opened at $156.94 on Friday. The business's 50-day simple moving average is $158.51 and its 200 day simple moving average is $153.57. The stock has a market cap of $173.70 billion, a price-to-earnings ratio of 32.16, a P/E/G ratio of 3.60 and a beta of 0.64. The TJX Companies, Inc. has a 12-month low of $119.84 and a 12-month high of $165.82. The company has a quick ratio of 0.59, a current ratio of 1.14 and a debt-to-equity ratio of 0.18.

TJX Companies (NYSE:TJX - Get Free Report) last posted its quarterly earnings results on Wednesday, February 25th. The apparel and home fashions retailer reported $1.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.38 by $0.05. The business had revenue of $17.74 billion for the quarter, compared to analysts' expectations of $17.36 billion. TJX Companies had a return on equity of 57.70% and a net margin of 9.10%.The firm's quarterly revenue was up 8.5% compared to the same quarter last year. During the same quarter last year, the business earned $1.23 earnings per share. TJX Companies has set its FY 2027 guidance at 4.930-5.020 EPS and its Q1 2027 guidance at 0.970-0.990 EPS. As a group, research analysts anticipate that The TJX Companies, Inc. will post 5.06 earnings per share for the current year.

TJX Companies Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 4th. Investors of record on Thursday, May 14th will be issued a $0.48 dividend. This is a positive change from TJX Companies's previous quarterly dividend of $0.43. This represents a $1.92 annualized dividend and a yield of 1.2%. The ex-dividend date is Thursday, May 14th. TJX Companies's dividend payout ratio (DPR) is 34.84%.

About TJX Companies

TJX Companies, Inc is a leading off-price retailer of apparel, footwear, home fashions and other consumer goods. The company operates multiple retail concepts that offer discounted brand-name and designer merchandise, including well-known banners such as T.J. Maxx and Marshalls in the United States, HomeGoods for home furnishings, TK Maxx in parts of Europe, and Winners and Homesense in Canada. Merchandise categories span women's, men's and children's apparel, accessories, beauty, home décor, kitchenware and small furniture, with frequent changes in assortment that create a “treasure-hunt” shopping experience for consumers.

The company's business model centers on opportunistic buying, purchasing excess, irregular or out-of-season inventory from manufacturers, department stores and other suppliers, and passing savings to customers through lower prices.

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