Rheos Capital Works Inc. Sells 230,000 Shares of The TJX Companies, Inc. $TJX

Key Points

• Rheos Capital Works Inc. has reduced its stake in The TJX Companies, Inc. by 43.9%, selling 230,000 shares and now holding a total of 293,600 shares, which represents 2.1% of its investment portfolio.
• Institutional investors and hedge funds own approximately 91.09% of TJX's stock, indicating significant confidence in the company among large shareholders.
• TJX Companies reported earnings of $1.10 per share for the last quarter, surpassing analysts’ expectations and reflecting a 6.9% increase in revenue compared to the previous year.

Rheos Capital Works Inc. reduced its position in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 43.9% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 293,600 shares of the apparel and home fashions retailer's stock after selling 230,000 shares during the period. TJX Companies accounts for approximately 2.1% of Rheos Capital Works Inc.'s investment portfolio, making the stock its 14th largest holding. Rheos Capital Works Inc.'s holdings in TJX Companies were worth $36,257,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in TJX. Vanguard Group Inc. grew its position in shares of TJX Companies by 1.1% during the 1st quarter. Vanguard Group Inc. now owns 100,413,764 shares of the apparel and home fashions retailer's stock worth $12,230,396,000 after buying an additional 1,099,129 shares during the period. Ameriprise Financial Inc. boosted its stake in TJX Companies by 0.3% in the first quarter. Ameriprise Financial Inc. now owns 13,068,312 shares of the apparel and home fashions retailer's stock valued at $1,591,758,000 after acquiring an additional 35,800 shares during the last quarter. Amundi grew its holdings in TJX Companies by 10.2% during the 1st quarter. Amundi now owns 11,888,455 shares of the apparel and home fashions retailer's stock worth $1,489,305,000 after acquiring an additional 1,104,292 shares during the period. Nuveen LLC acquired a new stake in TJX Companies during the 1st quarter worth $1,330,717,000. Finally, Invesco Ltd. raised its position in shares of TJX Companies by 2.8% during the 1st quarter. Invesco Ltd. now owns 9,000,600 shares of the apparel and home fashions retailer's stock valued at $1,096,273,000 after acquiring an additional 247,579 shares during the last quarter. Institutional investors and hedge funds own 91.09% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on TJX shares. BTIG Research began coverage on TJX Companies in a research report on Tuesday. They issued a "buy" rating and a $165.00 price target on the stock. Daiwa America raised TJX Companies to a "strong-buy" rating in a research note on Tuesday, July 8th. Wells Fargo & Company boosted their target price on TJX Companies from $120.00 to $130.00 and gave the stock an "equal weight" rating in a research report on Thursday, August 21st. Citigroup increased their price target on shares of TJX Companies from $140.00 to $160.00 and gave the company a "buy" rating in a research report on Thursday, August 21st. Finally, Macquarie reissued a "buy" rating on shares of TJX Companies in a research note on Monday, August 11th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of "Buy" and a consensus price target of $148.50.

TJX Companies Stock Up 1.9%

Shares of TJX Companies stock opened at $144.10 on Wednesday. The company has a market capitalization of $160.38 billion, a P/E ratio of 32.83, a price-to-earnings-growth ratio of 3.14 and a beta of 0.92. 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 business has a 50-day moving average of $138.62 and a two-hundred day moving average of $130.50. The TJX Companies, Inc. has a 1 year low of $111.73 and a 1 year high of $145.58.

TJX Companies (NYSE:TJX - Get Free Report) last issued its quarterly earnings data on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share (EPS) for the quarter, beating 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 business had revenue of $14.40 billion during the quarter, compared to analyst estimates of $14.12 billion. During the same period in the previous year, the firm earned $0.96 EPS. TJX Companies's quarterly revenue was up 6.9% compared to the same quarter last year. TJX Companies has set its FY 2026 guidance at 4.520-4.570 EPS. Q3 2026 guidance at 1.170-1.190 EPS. As a group, equities analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 4th. Investors of record on Thursday, November 13th will be issued a dividend of $0.425 per share. This represents a $1.70 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Thursday, November 13th. TJX Companies's dividend payout ratio (DPR) is presently 38.72%.

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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