The TJX Companies, Inc. $TJX Shares Acquired by Aware Super Pty Ltd as trustee of Aware Super

Key Points

• Aware Super increased its TJX Companies stake by 18.3% in the third quarter, purchasing 61,345 additional shares for a total holding of 397,451 shares valued at approximately $52.6 million.
• TJX received a consensus “Moderate Buy” rating from analysts, with 21 Buy ratings and four Holds and an average price target of $174.95.
• The retailer reported quarterly EPS of $1.22, exceeding estimates, while revenue rose 5.4% year over year to $15.18 billion. TJX also declared a quarterly dividend of $0.48 per share, implying a 1.4% annual yield.

Aware Super Pty Ltd as trustee of Aware Super lifted its holdings in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 18.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 397,451 shares of the apparel and home fashions retailer's stock after purchasing an additional 61,345 shares during the period. TJX Companies accounts for about 0.7% of Aware Super Pty Ltd as trustee of Aware Super's investment portfolio, making the stock its 25th biggest holding. Aware Super Pty Ltd as trustee of Aware Super's holdings in TJX Companies were worth $52,587,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. Cetera Trust Company N.A acquired a new position in TJX Companies during the second quarter valued at approximately $27,000. William Mack & Associates Inc. acquired a new stake in shares of TJX Companies in the third quarter worth $29,000. Evergreen Advisors LLC bought a new stake in shares of TJX Companies during the 1st quarter worth $36,000. Cedar Mountain Advisors LLC boosted its holdings in shares of TJX Companies by 47.7% during the 1st quarter. Cedar Mountain Advisors LLC now owns 226 shares of the apparel and home fashions retailer's stock worth $36,000 after buying an additional 73 shares during the period. Finally, Kelly Lawrence W & Associates Inc. CA bought a new stake in shares of TJX Companies during the 2nd quarter worth $35,000. 91.09% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the stock. The Goldman Sachs Group lowered their target price on shares of TJX Companies from $194.00 to $178.00 and set a "buy" rating on the stock in a research note on Thursday, August 20th. Sanford C. Bernstein reissued an "outperform" rating and set a $175.00 target price on shares of TJX Companies in a research report on Tuesday, August 25th. Jefferies Financial Group cut shares of TJX Companies from a "buy" rating to a "hold" rating and decreased their price target for the company from $180.00 to $145.00 in a report on Wednesday, August 26th. Weiss Ratings restated a "buy (b)" rating on shares of TJX Companies in a report on Monday, October 19th. Finally, Barclays set a $188.00 price target on TJX Companies and gave the company an "overweight" rating in a research report on Thursday, August 20th. Twenty-one investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $174.95.

TJX Companies Stock Up 0.6%

TJX opened at $141.17 on Tuesday. The TJX Companies, Inc. has a 1-year low of $122.78 and a 1-year high of $170.00. The company has a current ratio of 1.15, a quick ratio of 0.56 and a debt-to-equity ratio of 0.18. The stock has a market capitalization of $155.28 billion, a price-to-earnings ratio of 27.03, a P/E/G ratio of 2.62 and a beta of 0.56. The business has a 50 day moving average of $135.72 and a 200-day moving average of $151.11.

TJX Companies (NYSE:TJX - Get Free Report) last announced its earnings results on Wednesday, August 19th. The apparel and home fashions retailer reported $1.22 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.19 by $0.03. TJX Companies had a net margin of 9.73% and a return on equity of 56.56%. The business had revenue of $15.18 billion for the quarter, compared to analyst estimates of $15.16 billion. During the same quarter in the previous year, the firm posted $1.10 earnings per share. TJX Companies's revenue was up 5.4% compared to the same quarter last year. 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, sell-side analysts anticipate that The TJX Companies, Inc. will post 5.22 earnings per share for the current year.

TJX Companies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 3rd. Investors of record on Thursday, November 12th will be given a dividend of $0.48 per share. The ex-dividend date of this dividend is Thursday, November 12th. This represents a $1.92 dividend on an annualized basis and a yield of 1.4%. TJX Companies's dividend payout ratio (DPR) is 35.49%.

About TJX Companies

The TJX Companies, Inc NYSE: TJX is an off-price retailer specializing in apparel, footwear, accessories, and home merchandise. Its stores offer branded and designer products at prices generally below those of full-price retailers, using a flexible purchasing model that allows the company to acquire merchandise from manufacturers, retailers, and other suppliers.

The company operates 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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