WS Management Lllp Has $14.42 Million Stake in The TJX Companies, Inc. $TJX

Key Points

• WS Management Lllp has reduced its stake in The TJX Companies by 21.5% in the first quarter, now owning 118,414 shares valued at approximately $14.42 million.
• Several institutional investors increased their stakes in TJX Companies, with Teca Partners LP growing its holdings by 55.6% to a total of 103,511 shares valued at $12.6 million.
• Analysts have raised their price targets for TJX Companies, with JPMorgan Chase boosting it from $145 to $148, while Wells Fargo set a new target of $130, reflecting positive expectations for the company's performance.

WS Management Lllp cut its stake in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) by 21.5% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 118,414 shares of the apparel and home fashions retailer's stock after selling 32,509 shares during the period. TJX Companies makes up approximately 1.6% of WS Management Lllp's investment portfolio, making the stock its 10th largest holding. WS Management Lllp's holdings in TJX Companies were worth $14,423,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the stock. Teca Partners LP grew its stake in shares of TJX Companies by 55.6% during the first quarter. Teca Partners LP now owns 103,511 shares of the apparel and home fashions retailer's stock worth $12,608,000 after purchasing an additional 37,000 shares during the period. Caisse DE Depot ET Placement DU Quebec grew its stake in shares of TJX Companies by 20.8% during the first quarter. Caisse DE Depot ET Placement DU Quebec now owns 2,961,422 shares of the apparel and home fashions retailer's stock worth $360,701,000 after purchasing an additional 509,957 shares during the period. Mirova grew its stake in shares of TJX Companies by 19.9% during the first quarter. Mirova now owns 15,754 shares of the apparel and home fashions retailer's stock worth $1,919,000 after purchasing an additional 2,615 shares during the period. Freedom Investment Management Inc. grew its stake in shares of TJX Companies by 12.3% during the first quarter. Freedom Investment Management Inc. now owns 5,848 shares of the apparel and home fashions retailer's stock worth $712,000 after purchasing an additional 640 shares during the period. Finally, Synovus Financial Corp grew its stake in shares of TJX Companies by 5.0% during the first quarter. Synovus Financial Corp now owns 116,060 shares of the apparel and home fashions retailer's stock worth $14,136,000 after purchasing an additional 5,545 shares during the period. 91.09% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at TJX Companies

In related news, Director Amy B. Lane sold 950 shares of the company's stock in a transaction dated Tuesday, June 3rd. The stock was sold at an average price of $128.09, for a total transaction of $121,685.50. Following the sale, the director owned 22,712 shares in the company, valued at approximately $2,909,180.08. This represents a 4.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 0.13% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

TJX has been the subject of a number of analyst reports. Wall Street Zen raised TJX Companies from a "hold" rating to a "buy" rating in a research note on Saturday. JPMorgan Chase & Co. boosted their target price on TJX Companies from $145.00 to $148.00 and gave the company an "overweight" rating in a research note on Thursday, August 21st. Wells Fargo & Company boosted their target price on TJX Companies from $120.00 to $130.00 and gave the company an "equal weight" rating in a research note on Thursday, August 21st. UBS Group boosted their target price on TJX Companies from $164.00 to $172.00 and gave the company a "buy" rating in a research note on Thursday, August 21st. Finally, Robert W. Baird boosted their target price on TJX Companies from $143.00 to $152.00 and gave the company an "outperform" rating in a research note on Thursday, August 21st. One investment analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Buy" and an average target price of $147.58.

TJX Companies Stock Down 0.8%

TJX stock opened at $135.46 on Tuesday. 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 stock has a market capitalization of $151.32 billion, a P/E ratio of 30.86, a P/E/G ratio of 3.07 and a beta of 0.89. The business has a 50-day moving average of $127.22 and a 200-day moving average of $125.55. The TJX Companies, Inc. has a fifty-two week low of $111.22 and a fifty-two week high of $145.58.

TJX Companies (NYSE:TJX - Get Free Report) last posted its quarterly earnings data on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.09. The company had revenue of $14.40 billion during the quarter, compared to analysts' expectations of $14.12 billion. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.TJX Companies's revenue for the quarter was up 6.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.96 earnings per share. 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, sell-side analysts anticipate 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 disclosed a quarterly dividend, which will be paid on Thursday, September 4th. Stockholders of record on Thursday, August 14th will be given a dividend of $0.425 per share. This represents a $1.70 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend is Thursday, August 14th. TJX Companies's dividend payout ratio is currently 38.72%.

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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