Teca Partners LP Has $12.61 Million Holdings in The TJX Companies, Inc. $TJX

Key Points

• Teca Partners LP increased its holdings in The TJX Companies, Inc. by 55.6%, now owning $12.61 million worth of shares.
• The TJX Companies reported a beat on earnings with $1.10 EPS, exceeding the estimate of $1.01, and a revenue increase of 6.9% compared to the previous year.
• A recent quarterly dividend of $0.425 per share was declared, representing an annualized yield of 1.3% for investors of record.

Teca Partners LP grew its position in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 55.6% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 103,511 shares of the apparel and home fashions retailer's stock after acquiring an additional 37,000 shares during the quarter. TJX Companies makes up approximately 9.0% of Teca Partners LP's holdings, making the stock its 5th largest position. Teca Partners LP's holdings in TJX Companies were worth $12,608,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Shell Asset Management Co. grew its stake in TJX Companies by 16.5% during the 4th quarter. Shell Asset Management Co. now owns 29,168 shares of the apparel and home fashions retailer's stock worth $3,524,000 after buying an additional 4,128 shares during the last quarter. Pathstone Holdings LLC grew its stake in TJX Companies by 10.1% during the 4th quarter. Pathstone Holdings LLC now owns 736,616 shares of the apparel and home fashions retailer's stock worth $88,992,000 after buying an additional 67,853 shares during the last quarter. Ethic Inc. grew its stake in TJX Companies by 21.1% during the 4th quarter. Ethic Inc. now owns 167,169 shares of the apparel and home fashions retailer's stock worth $20,196,000 after buying an additional 29,158 shares during the last quarter. Fiduciary Trust Co grew its stake in TJX Companies by 5.2% during the 4th quarter. Fiduciary Trust Co now owns 2,891,186 shares of the apparel and home fashions retailer's stock worth $349,284,000 after buying an additional 144,113 shares during the last quarter. Finally, Pinnacle Financial Partners Inc grew its stake in TJX Companies by 2.2% during the 1st quarter. Pinnacle Financial Partners Inc now owns 387,342 shares of the apparel and home fashions retailer's stock worth $46,989,000 after buying an additional 8,319 shares during the last quarter. 91.09% of the stock is currently owned by institutional investors.

TJX Companies Trading Down 0.8%

Shares of NYSE TJX opened at $135.46 on Tuesday. The TJX Companies, Inc. has a 12 month low of $111.22 and a 12 month high of $145.58. The company has a market cap of $151.32 billion, a price-to-earnings ratio of 30.86, a P/E/G ratio of 3.07 and a beta of 0.89. 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 simple moving average of $127.22 and a 200-day simple moving average of $125.55.

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 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 the consensus estimate of $14.12 billion. During the same period in the prior year, the business posted $0.96 earnings per share. TJX Companies's 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. Sell-side analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 4th. Investors of record on Thursday, August 14th will be given a dividend of $0.425 per share. This represents a $1.70 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend is Thursday, August 14th. TJX Companies's payout ratio is presently 38.72%.

Insiders Place Their Bets

In other TJX Companies news, Director Amy B. Lane sold 950 shares of the company's stock in a transaction dated Tuesday, June 3rd. The stock was sold at an average price of $128.09, for a total value of $121,685.50. Following the transaction, the director directly owned 22,712 shares of the company's stock, valued at $2,909,180.08. This represents a 4.01% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.13% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of research analysts have issued reports on TJX shares. Wells Fargo & Company boosted their price target 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. Wall Street Zen upgraded TJX Companies from a "hold" rating to a "buy" rating in a research report on Saturday. Cowen reiterated a "buy" rating on shares of TJX Companies in a research report on Tuesday, May 20th. Barclays boosted their price target on TJX Companies from $147.00 to $155.00 and gave the stock an "overweight" rating in a research report on Thursday, August 21st. Finally, Loop Capital set a $150.00 price target on TJX Companies and gave the stock a "buy" rating in a research report on Thursday, May 22nd. One equities research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus target price of $147.58.

TJX Companies Company Profile

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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