The TJX Companies, Inc. $TJX Shares Purchased by Intech Investment Management LLC

Key Points

• Intech Investment Management LLC increased its stake in The TJX Companies by 43.4%, acquiring an additional 33,293 shares in the first quarter, bringing their total holdings to approximately $13.4 million.
• Institutional investors collectively own 91.09% of TJX Companies' stock, with Vanguard Group holding a significant 100 million shares valued at over $12.2 billion.
• TJX Companies recently reported a 6.9% year-over-year revenue increase, with a quarterly revenue of $14.40 billion and an earnings per share (EPS) of $1.10, surpassing analyst expectations.

Intech Investment Management LLC raised its position in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) by 43.4% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 109,980 shares of the apparel and home fashions retailer's stock after buying an additional 33,293 shares during the quarter. Intech Investment Management LLC's holdings in TJX Companies were worth $13,396,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. grew its holdings in shares of TJX Companies by 1.1% during the first 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 shares of TJX Companies by 0.3% during the first quarter. Ameriprise Financial Inc. now owns 13,068,312 shares of the apparel and home fashions retailer's stock valued at $1,591,758,000 after purchasing an additional 35,800 shares during the last quarter. Royal Bank of Canada grew 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 last quarter. Amundi grew its holdings in shares of TJX Companies by 10.2% during the first quarter. Amundi now owns 11,888,455 shares of the apparel and home fashions retailer's stock valued at $1,489,305,000 after purchasing an additional 1,104,292 shares during the last quarter. Finally, Nuveen LLC bought a new position in shares of TJX Companies during the first quarter valued at approximately $1,330,717,000. Institutional investors and hedge funds own 91.09% of the company's stock.

TJX Companies Stock Performance

Shares of TJX stock opened at $139.88 on Thursday. The TJX Companies, Inc. has a 12-month low of $111.22 and a 12-month high of $145.58. The firm has a market capitalization of $155.68 billion, a price-to-earnings ratio of 31.86, a price-to-earnings-growth ratio of 3.15 and a beta of 0.90. The business has a 50 day simple moving average of $130.82 and a 200 day simple moving average of $126.74. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.17 and a quick ratio of 0.52.

TJX Companies (NYSE:TJX - Get Free Report) last issued its quarterly 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 firm had revenue of $14.40 billion during the quarter, compared to analyst estimates of $14.12 billion. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.The firm's quarterly revenue was up 6.9% on a year-over-year basis. During the same period last year, the company 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. On average, equities research analysts anticipate that The TJX Companies, Inc. will post 4.18 EPS for the current year.

Analyst Ratings Changes

TJX has been the subject of several recent research reports. Loop Capital set a $150.00 target price on TJX Companies and gave the company a "buy" rating in a report on Thursday, May 22nd. JPMorgan Chase & Co. upped their target price on TJX Companies from $145.00 to $148.00 and gave the company an "overweight" rating in a report on Thursday, August 21st. Daiwa America raised TJX Companies to a "strong-buy" rating in a report on Tuesday, July 8th. Barclays increased their price objective on TJX Companies from $147.00 to $155.00 and gave the stock an "overweight" rating in a report on Thursday, August 21st. Finally, Bank of America increased their price objective on TJX Companies from $145.00 to $150.00 and gave the stock a "buy" rating in a report on Thursday, August 21st. One analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average price target of $147.58.

About TJX Companies

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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