Robeco Institutional Asset Management B.V. Sells 181,453 Shares of The TJX Companies, Inc. $TJX

Key Points

• Robeco Institutional Asset Management B.V. sold 181,453 shares of The TJX Companies, reducing its stake by 16.2% during the second quarter, holding 940,522 shares valued at $116.145 million as per the latest SEC filing.
• TJX Companies reported earnings per share of $1.10 for its last quarter, exceeding estimates, with a revenue increase of 6.9% year-over-year at $14.40 billion.
• The company recently announced a quarterly dividend of $0.425 per share, set to be paid on December 4, representing a 1.2% yield and a payout ratio of 38.72%.

Robeco Institutional Asset Management B.V. lowered its position in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) by 16.2% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 940,522 shares of the apparel and home fashions retailer's stock after selling 181,453 shares during the quarter. Robeco Institutional Asset Management B.V. owned 0.08% of TJX Companies worth $116,145,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of TJX. TCTC Holdings LLC lifted its stake in shares of TJX Companies by 210.1% during the 1st quarter. TCTC Holdings LLC now owns 214 shares of the apparel and home fashions retailer's stock valued at $26,000 after buying an additional 145 shares in the last quarter. Atlantic Edge Private Wealth Management LLC raised its holdings in TJX Companies by 58.8% during the first quarter. Atlantic Edge Private Wealth Management LLC now owns 297 shares of the apparel and home fashions retailer's stock valued at $36,000 after acquiring an additional 110 shares during the period. Iron Horse Wealth Management LLC lifted its position in shares of TJX Companies by 99.3% in the first quarter. Iron Horse Wealth Management LLC now owns 299 shares of the apparel and home fashions retailer's stock valued at $36,000 after acquiring an additional 149 shares in the last quarter. Inlight Wealth Management LLC purchased a new position in shares of TJX Companies in the first quarter valued at about $37,000. Finally, Activest Wealth Management boosted its stake in shares of TJX Companies by 4,485.7% in the first quarter. Activest Wealth Management now owns 321 shares of the apparel and home fashions retailer's stock worth $39,000 after acquiring an additional 314 shares during the period. 91.09% of the stock is currently owned by institutional investors.

TJX Companies Stock Down 1.2%

Shares of TJX opened at $142.56 on Friday. The company has a quick ratio of 0.52, a current ratio of 1.17 and a debt-to-equity ratio of 0.32. The business has a fifty day moving average of $136.21 and a 200 day moving average of $129.12. The company has a market cap of $158.66 billion, a PE ratio of 32.47, a P/E/G ratio of 3.25 and a beta of 0.92. The TJX Companies, Inc. has a 52-week low of $111.22 and a 52-week high of $145.58.

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, beating the consensus estimate of $1.01 by $0.09. The business had revenue of $14.40 billion for the quarter, compared to the consensus estimate of $14.12 billion. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. The business's revenue for the quarter was up 6.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.96 earnings per share. 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, sell-side analysts expect that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Dividend Announcement

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

Analysts Set New Price Targets

Several brokerages recently issued reports on TJX. Wells Fargo & Company lifted their target price on TJX Companies from $120.00 to $130.00 and gave the company an "equal weight" rating in a research note on Thursday, August 21st. Citigroup lifted their price objective 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. JPMorgan Chase & Co. upped their target price on shares of TJX Companies from $145.00 to $148.00 and gave the stock an "overweight" rating in a research report on Thursday, August 21st. UBS Group raised their target price on shares of TJX Companies from $164.00 to $172.00 and gave the company a "buy" rating in a research note on Thursday, August 21st. Finally, Telsey Advisory Group reiterated an "outperform" rating and issued a $155.00 price target (up previously from $150.00) on shares of TJX Companies in a research note on Wednesday, August 20th. One analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus 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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