GDS Wealth Management Grows Holdings in The TJX Companies, Inc. $TJX

Key Points

• GDS Wealth Management increased its position in TJX Companies' stock by 4.8%, owning 133,329 shares after acquiring an additional 6,061 shares in the first quarter.
• Analysts have a consensus rating of Buy for TJX Companies, with a target price averaging $141.33, and recent upgrades include Barclays raising its price objective to $147.00.
• TJX Companies reported earnings of $0.92 per share for the last quarter, surpassing expectations, with a 5.1% year-over-year revenue increase.

GDS Wealth Management boosted its position in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) by 4.8% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 133,329 shares of the apparel and home fashions retailer's stock after buying an additional 6,061 shares during the quarter. TJX Companies makes up 1.4% of GDS Wealth Management's holdings, making the stock its 28th biggest position. GDS Wealth Management's holdings in TJX Companies were worth $16,239,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in TJX. Vanguard Group Inc. grew its position in shares of TJX Companies by 1.1% in 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 period. Northern Trust Corp grew its position in shares of TJX Companies by 15.2% in the fourth quarter. Northern Trust Corp now owns 13,985,826 shares of the apparel and home fashions retailer's stock valued at $1,689,628,000 after purchasing an additional 1,845,225 shares during the period. Royal Bank of Canada grew its position in shares of TJX Companies by 12.9% in 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. Nuveen LLC acquired a new stake in shares of TJX Companies in the first quarter valued at about $1,330,717,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of TJX Companies by 10.9% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 10,187,824 shares of the apparel and home fashions retailer's stock valued at $1,230,791,000 after purchasing an additional 1,005,260 shares during the period. Institutional investors and hedge funds own 91.09% of the company's stock.

TJX Companies Trading Down 0.8%

NYSE:TJX traded down $1.1310 on Friday, hitting $136.3790. The stock had a trading volume of 5,774,585 shares, compared to its average volume of 5,504,355. The company has a quick ratio of 0.51, a current ratio of 1.17 and a debt-to-equity ratio of 0.32. The stock has a market cap of $152.35 billion, a price-to-earnings ratio of 31.07, a PEG ratio of 3.15 and a beta of 0.89. The company has a fifty day moving average price of $127.00 and a two-hundred day moving average price of $125.48. The TJX Companies, Inc. has a 1-year low of $111.22 and a 1-year high of $145.58.

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 for the quarter, beating the consensus estimate of $1.01 by $0.09. The company 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% on a year-over-year basis. During the same period in the previous 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. Equities research analysts expect that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 4th. Shareholders of record on Thursday, August 14th will be issued a $0.425 dividend. This represents a $1.70 annualized dividend and a yield of 1.2%. The ex-dividend date is Thursday, August 14th. TJX Companies's payout ratio is presently 40.00%.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the stock. Robert W. Baird lifted their target price on shares of TJX Companies from $143.00 to $152.00 and gave the company an "outperform" rating in a research report on Thursday. Evercore ISI lifted their target price on shares of TJX Companies from $150.00 to $162.00 and gave the company an "outperform" rating in a research report on Thursday. Daiwa Capital Markets assumed coverage on shares of TJX Companies in a research report on Tuesday, July 8th. They issued an "outperform" rating and a $133.00 target price on the stock. Wall Street Zen upgraded shares of TJX Companies from a "hold" rating to a "buy" rating in a research report on Saturday. Finally, Bank of America lifted their target price on shares of TJX Companies from $145.00 to $150.00 and gave the company a "buy" rating in a research report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Buy" and a consensus price target of $147.58.

Insiders Place Their Bets

In other TJX Companies news, Director Amy B. Lane sold 950 shares of the business's stock in a transaction dated Tuesday, June 3rd. The shares were sold at an average price of $128.09, for a total value of $121,685.50. Following the transaction, the director directly owned 22,712 shares in the company, valued at $2,909,180.08. The trade was a 4.01% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 0.13% of the stock is owned by insiders.

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.