Integrity Alliance LLC. Has $1.63 Million Stake in The TJX Companies, Inc. $TJX

Key Points

• Integrity Alliance LLC increased its stake in The TJX Companies by 472.1% in Q1, acquiring over 11,000 shares, raising its total holdings to 13,352 shares worth approximately $1.63 million.
• During the last quarter, multiple institutional investors, including Shell Asset Management and Pathstone Holdings, also increased their positions in TJX Companies, collectively enhancing investor confidence.
• The company reported better-than-expected quarterly earnings of $1.10 per share, surpassing the consensus estimate and indicating a 6.9% year-over-year revenue growth.

Integrity Alliance LLC. grew its position in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) by 472.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 13,352 shares of the apparel and home fashions retailer's stock after acquiring an additional 11,018 shares during the quarter. Integrity Alliance LLC.'s holdings in TJX Companies were worth $1,626,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Nuveen LLC acquired a new position in shares of TJX Companies during the first quarter valued at $1,330,717,000. GAMMA Investing LLC increased its holdings in shares of TJX Companies by 14,486.1% during the first 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 purchasing an additional 2,892,151 shares during the period. Royal Bank of Canada increased its holdings in shares of TJX Companies by 12.9% during the fourth 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 purchasing an additional 1,403,561 shares during the period. Assenagon Asset Management S.A. increased its holdings in shares of TJX Companies by 65.8% during the first 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 purchasing an additional 1,302,845 shares during the period. Finally, Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of TJX Companies during the fourth quarter valued at $136,753,000. Institutional investors and hedge funds own 91.09% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. JPMorgan Chase & Co. raised their price target on TJX Companies from $145.00 to $148.00 and gave the company an "overweight" rating in a report on Thursday, August 21st. Erste Group Bank began coverage on shares of TJX Companies in a research report on Friday, September 5th. They issued a "buy" rating on the stock. Loop Capital set a $150.00 price target on shares of TJX Companies and gave the stock a "buy" rating in a research report on Thursday, May 22nd. Bank of America boosted their target price on shares of TJX Companies from $145.00 to $150.00 and gave the stock a "buy" rating in a report on Thursday, August 21st. Finally, Sanford C. Bernstein raised their price objective on TJX Companies from $145.00 to $152.00 and gave the stock an "outperform" rating in a research note on Thursday, August 21st. One research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, TJX Companies currently has a consensus rating of "Buy" and a consensus target price of $147.58.

TJX Companies Stock Performance

TJX Companies stock traded down $1.28 during trading hours on Friday, reaching $139.55. 5,173,162 shares of the company were exchanged, compared to its average volume of 5,343,300. The TJX Companies, Inc. has a 12 month low of $111.22 and a 12 month high of $145.58. The company has a current ratio of 1.17, a quick ratio of 0.52 and a debt-to-equity ratio of 0.32. The stock has a 50-day moving average of $131.39 and a 200 day moving average of $126.99. The firm has a market cap of $155.31 billion, a price-to-earnings ratio of 31.79, a PEG ratio of 3.17 and a beta of 0.90.

TJX Companies (NYSE:TJX - Get Free Report) last posted its earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.01 by $0.09. The business had revenue of $14.40 billion for 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%. TJX Companies's revenue was up 6.9% compared to the same quarter last year. During the same period last year, the business posted $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. As a group, research analysts anticipate that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies 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.