Woodline Partners LP Raises Stock Holdings in The TJX Companies, Inc. $TJX

Key Points

• Woodline Partners LP increased its holdings in The TJX Companies, Inc. by 40.2% in the first quarter, owning 94,975 shares valued at approximately $11.6 million.
• The TJX Companies reported a $1.10 EPS for the last quarter, exceeding analysts' expectations and representing a 6.9% year-over-year revenue increase to $14.4 billion.
• Various equity analysts have upgraded TJX Companies' rating, with the average target price set at $147.58, signifying confidence in the company's growth potential.

Woodline Partners LP lifted its holdings in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) by 40.2% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 94,975 shares of the apparel and home fashions retailer's stock after acquiring an additional 27,241 shares during the quarter. Woodline Partners LP's holdings in TJX Companies were worth $11,568,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Clear Creek Financial Management LLC increased its position in shares of TJX Companies by 1.8% during the first quarter. Clear Creek Financial Management LLC now owns 4,811 shares of the apparel and home fashions retailer's stock valued at $586,000 after acquiring an additional 83 shares during the last quarter. Knuff & Co LLC grew its holdings in TJX Companies by 8.5% during the first quarter. Knuff & Co LLC now owns 1,056 shares of the apparel and home fashions retailer's stock valued at $129,000 after purchasing an additional 83 shares during the period. Salem Investment Counselors Inc. grew its holdings in TJX Companies by 2.2% during the first quarter. Salem Investment Counselors Inc. now owns 3,986 shares of the apparel and home fashions retailer's stock valued at $485,000 after purchasing an additional 86 shares during the period. Financial Network Wealth Advisors LLC grew its holdings in TJX Companies by 7.8% during the first quarter. Financial Network Wealth Advisors LLC now owns 1,207 shares of the apparel and home fashions retailer's stock valued at $147,000 after purchasing an additional 87 shares during the period. Finally, Amplius Wealth Advisors LLC grew its holdings in TJX Companies by 4.2% during the first quarter. Amplius Wealth Advisors LLC now owns 2,324 shares of the apparel and home fashions retailer's stock valued at $283,000 after purchasing an additional 93 shares during the period. 91.09% of the stock is owned by hedge funds and other institutional investors.

TJX Companies Price Performance

TJX Companies stock opened at $140.83 on Friday. The TJX Companies, Inc. has a one year low of $111.22 and a one year high of $145.58. The business has a fifty day moving average price of $131.12 and a 200-day moving average price of $126.87. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.17 and a quick ratio of 0.52. The firm has a market capitalization of $156.74 billion, a P/E ratio of 32.08, a PEG ratio of 3.15 and a beta of 0.90.

TJX Companies (NYSE:TJX - Get Free Report) last posted its quarterly earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 EPS for the quarter, topping analysts' consensus estimates of $1.01 by $0.09. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.The firm had revenue of $14.40 billion during the quarter, compared to analyst estimates of $14.12 billion. During the same period last year, the company earned $0.96 earnings per share. The business's revenue for the quarter 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. As a group, equities research analysts forecast that The TJX Companies, Inc. will post 4.18 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. Wall Street Zen raised TJX Companies from a "hold" rating to a "buy" rating in a report on Saturday, August 23rd. Cowen reissued a "buy" rating on shares of TJX Companies in a report on Tuesday, May 20th. Daiwa Capital Markets assumed coverage on TJX Companies in a report on Tuesday, July 8th. They set an "outperform" rating and a $133.00 price objective for the company. Telsey Advisory Group reissued an "outperform" rating and set a $155.00 price objective (up from $150.00) on shares of TJX Companies in a report on Wednesday, August 20th. Finally, Loop Capital set a $150.00 price objective on TJX Companies and gave the company a "buy" rating in a report on Thursday, May 22nd. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company 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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