The TJX Companies, Inc. $TJX Shares Acquired by Axiom Investors LLC DE

Key Points

• Axiom Investors LLC has increased its stake in The TJX Companies, Inc. by 7.0%, now owning 45,802 shares valued at approximately $5.58 million.
• TJX Companies exceeded earnings expectations for the last quarter with an EPS of $1.10, surpassing the consensus estimate by $0.09 and recording revenue of $14.40 billion.
• The company recently announced a quarterly dividend of $0.425, representing an annualized yield of 1.2% and a payout ratio of 38.72%.

Axiom Investors LLC DE increased its stake in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 7.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 45,802 shares of the apparel and home fashions retailer's stock after purchasing an additional 3,014 shares during the quarter. Axiom Investors LLC DE's holdings in TJX Companies were worth $5,579,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Nuveen LLC acquired a new stake in TJX Companies in the 1st quarter valued at about $1,330,717,000. GAMMA Investing LLC lifted its holdings in TJX Companies by 14,486.1% in the 1st quarter. GAMMA Investing LLC now owns 2,912,116 shares of the apparel and home fashions retailer's stock valued at $354,696,000 after acquiring an additional 2,892,151 shares during the last quarter. Royal Bank of Canada lifted its holdings in TJX Companies by 12.9% in the 4th quarter. Royal Bank of Canada now owns 12,300,919 shares of the apparel and home fashions retailer's stock valued at $1,486,074,000 after acquiring an additional 1,403,561 shares during the last quarter. Assenagon Asset Management S.A. lifted its holdings in TJX Companies by 65.8% in the 1st quarter. Assenagon Asset Management S.A. now owns 3,282,351 shares of the apparel and home fashions retailer's stock valued at $399,790,000 after acquiring an additional 1,302,845 shares during the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in TJX Companies in the 4th quarter valued at about $136,753,000. Institutional investors and hedge funds own 91.09% of the company's stock.

TJX Companies Trading Down 1.2%

NYSE:TJX opened at $139.30 on Monday. The stock's 50 day moving average price is $129.89 and its 200 day moving average price is $126.42. The TJX Companies, Inc. has a 52 week low of $111.22 and a 52 week high of $145.58. The company has a market capitalization of $155.03 billion, a P/E ratio of 31.73, a P/E/G ratio of 3.13 and a beta of 0.90. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.52 and a current ratio of 1.17.

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 (EPS) for the quarter, topping analysts' consensus estimates of $1.01 by $0.09. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.The firm had revenue of $14.40 billion during the quarter, compared to analysts' expectations of $14.12 billion. During the same quarter in the prior year, the business earned $0.96 earnings per share. The company's revenue was up 6.9% on a year-over-year basis. 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, research analysts forecast that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, September 4th. Investors of record on Thursday, August 14th were paid a $0.425 dividend. This represents a $1.70 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date was Thursday, August 14th. TJX Companies's dividend payout ratio is presently 38.72%.

Analyst Ratings Changes

TJX has been the subject of a number of research analyst reports. Sanford C. Bernstein upped their price target on shares of TJX Companies from $145.00 to $152.00 and gave the company an "outperform" rating in a report on Thursday, August 21st. TD Securities boosted their price objective on TJX Companies from $140.00 to $142.00 and gave the stock a "buy" rating in a report on Tuesday, May 20th. BMO Capital Markets restated an "outperform" rating on shares of TJX Companies in a report on Wednesday, May 21st. Morgan Stanley boosted their price objective on TJX Companies from $140.00 to $150.00 and gave the stock an "overweight" rating in a report on Thursday, August 21st. Finally, Loop Capital set a $150.00 price objective on TJX Companies and gave the stock a "buy" rating in a report on Thursday, May 22nd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, TJX Companies currently has an average rating of "Buy" and a consensus price target 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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