BDF Gestion Boosts Stock Position in The TJX Companies, Inc. $TJX

Key Points

• BDF Gestion increased its stake in The TJX Companies, Inc. by 13.7%, now holding 52,342 shares valued at approximately $6.46 million.
• The company reported quarterly earnings of $1.10 per share, exceeding estimates by $0.09 and reflecting a 6.9% increase in revenue year-over-year.
• TJX Companies announced a quarterly dividend of $0.425 per share, with a dividend yield of 1.2%, aligning with a payout ratio of 38.72%.

BDF Gestion grew its position in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 13.7% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 52,342 shares of the apparel and home fashions retailer's stock after buying an additional 6,296 shares during the quarter. TJX Companies accounts for about 0.7% of BDF Gestion's portfolio, making the stock its 28th largest holding. BDF Gestion's holdings in TJX Companies were worth $6,464,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Vanguard Group Inc. grew its holdings 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 valued at $12,230,396,000 after purchasing an additional 1,099,129 shares during the last quarter. Ameriprise Financial Inc. grew its holdings in TJX Companies by 0.3% during the 1st quarter. Ameriprise Financial Inc. now owns 13,068,312 shares of the apparel and home fashions retailer's stock worth $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 last quarter. Nuveen LLC bought a new stake in shares of TJX Companies in the 1st quarter valued at $1,330,717,000. Finally, Invesco Ltd. boosted its stake in shares of TJX Companies by 2.8% in 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 purchasing an additional 247,579 shares during the last quarter. 91.09% of the stock is currently owned by institutional investors and hedge funds.

TJX Companies Stock Performance

Shares of NYSE TJX traded up $0.11 during midday trading on Tuesday, hitting $139.52. 1,245,745 shares of the company's stock traded hands, compared to its average volume of 5,286,589. The TJX Companies, Inc. has a 1 year low of $111.22 and a 1 year high of $145.58. The stock has a market capitalization of $155.28 billion, a price-to-earnings ratio of 31.79, a price-to-earnings-growth ratio of 3.14 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. The firm has a fifty day moving average of $133.23 and a 200 day moving average of $127.78.

TJX Companies (NYSE:TJX - Get Free Report) last released its quarterly 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. The firm had revenue of $14.40 billion during the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.96 EPS. 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, analysts forecast that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Dividend Announcement

The firm also recently declared 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. This represents a $1.70 annualized dividend and a yield of 1.2%. The ex-dividend date is Thursday, November 13th. TJX Companies's dividend payout ratio is presently 38.72%.

Analyst Ratings Changes

A number of research analysts recently issued reports on TJX shares. Wells Fargo & Company boosted their target price on shares of TJX Companies from $120.00 to $130.00 and gave the company an "equal weight" rating in a research report on Thursday, August 21st. Evercore ISI increased their target price on shares of TJX Companies from $150.00 to $162.00 and gave the company an "outperform" rating in a report on Thursday, August 21st. Barclays increased their price target on shares of TJX Companies from $147.00 to $155.00 and gave the company an "overweight" rating in a research report on Thursday, August 21st. Telsey Advisory Group reiterated an "outperform" rating and set a $155.00 target price (up previously from $150.00) on shares of TJX Companies in a research report on Wednesday, August 20th. Finally, Sanford C. Bernstein increased their target price on shares of TJX Companies from $145.00 to $152.00 and gave the stock an "outperform" rating in a research report on Thursday, August 21st. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat, TJX Companies currently has an average 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.