Trexquant Investment LP Reduces Holdings in The TJX Companies, Inc. $TJX

Key Points

• Trexquant Investment LP significantly cut its holdings in The TJX Companies, Inc. by 96.2% in the first quarter, leaving it with 16,428 shares valued at approximately $2 million.
• Other institutional investors, including Brighton Jones LLC and Bison Wealth LLC, increased their stakes in TJX, indicating a contrast in investment strategies among major players.
• TJX Companies recently reported earnings of $1.10 EPS, surpassing analyst expectations, and announced a quarterly dividend of $0.425 per share with a yield of 1.2%.

Trexquant Investment LP trimmed its position in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) by 96.2% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 16,428 shares of the apparel and home fashions retailer's stock after selling 416,342 shares during the quarter. Trexquant Investment LP's holdings in TJX Companies were worth $2,001,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in TJX. Brighton Jones LLC boosted its stake in TJX Companies by 113.7% during the fourth quarter. Brighton Jones LLC now owns 15,039 shares of the apparel and home fashions retailer's stock worth $1,817,000 after buying an additional 8,002 shares during the last quarter. Revolve Wealth Partners LLC boosted its stake in TJX Companies by 12.1% during the fourth quarter. Revolve Wealth Partners LLC now owns 2,172 shares of the apparel and home fashions retailer's stock worth $262,000 after buying an additional 235 shares during the last quarter. Bison Wealth LLC boosted its stake in TJX Companies by 32.9% during the fourth quarter. Bison Wealth LLC now owns 3,856 shares of the apparel and home fashions retailer's stock worth $466,000 after buying an additional 955 shares during the last quarter. Cetera Investment Advisers boosted its stake in TJX Companies by 4.0% during the fourth quarter. Cetera Investment Advisers now owns 301,019 shares of the apparel and home fashions retailer's stock worth $36,366,000 after buying an additional 11,548 shares during the last quarter. Finally, Diligent Investors LLC acquired a new position in TJX Companies during the fourth quarter worth $283,000. 91.09% of the stock is currently owned by hedge funds and other institutional investors.

TJX Companies Stock Performance

Shares of TJX Companies stock opened at $140.99 on Friday. The TJX Companies, Inc. has a 52 week low of $111.22 and a 52 week high of $145.58. The business's fifty day simple moving average is $129.57 and its 200-day simple moving average is $126.26. The firm has a market cap of $156.92 billion, a PE ratio of 32.12, a price-to-earnings-growth ratio of 3.14 and a beta of 0.90. The company has a quick ratio of 0.52, a current ratio of 1.17 and a debt-to-equity ratio of 0.32.

TJX Companies (NYSE:TJX - Get Free Report) last announced 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. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.The business had revenue of $14.40 billion for the quarter, compared to analyst estimates of $14.12 billion. During the same quarter in the prior year, the company posted $0.96 EPS. The company's quarterly 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. Equities analysts forecast that The TJX Companies, Inc. will post 4.18 earnings per share for the current 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 dividend of $0.425 per share. The ex-dividend date of this dividend was Thursday, August 14th. This represents a $1.70 annualized dividend and a yield of 1.2%. TJX Companies's dividend payout ratio is presently 38.72%.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on TJX shares. Robert W. Baird boosted their price objective on TJX Companies from $143.00 to $152.00 and gave the stock an "outperform" rating in a research note on Thursday, August 21st. Macquarie reissued a "buy" rating on shares of TJX Companies in a research note on Monday, August 11th. Telsey Advisory Group reissued an "outperform" rating and set a $155.00 price objective (up previously from $150.00) on shares of TJX Companies in a research note on Wednesday, August 20th. JPMorgan Chase & Co. boosted their price objective on TJX Companies from $145.00 to $148.00 and gave the stock an "overweight" rating in a research note on Thursday, August 21st. Finally, UBS Group upped their price target on TJX Companies from $164.00 to $172.00 and gave the company a "buy" rating in a research note on Thursday, August 21st. One analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Buy" and an average target price of $147.58.

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.

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