The TJX Companies, Inc. $TJX Shares Acquired by Banque Cantonale Vaudoise

Banque Cantonale Vaudoise increased its holdings in The TJX Companies, Inc. (NYSE:TJX) by 39.5% in the first quarter, Holdings Channel.com reports. The firm owned 17,228 shares of the apparel and home fashions retailer’s stock after purchasing an additional 4,876 shares during the period. Banque Cantonale Vaudoise’s holdings in TJX Companies were worth $2,752,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in TJX. Banco Santander S.A. grew its holdings in TJX Companies by 24.6% in the third quarter. Banco Santander S.A. now owns 160,368 shares of the apparel and home fashions retailer’s stock valued at $23,180,000 after purchasing an additional 31,631 shares during the period. Swiss Life Asset Management Ltd increased its position in TJX Companies by 9.5% during the fourth quarter. Swiss Life Asset Management Ltd now owns 373,430 shares of the apparel and home fashions retailer’s stock worth $57,363,000 after purchasing an additional 32,407 shares during the last quarter. Family Capital Trust Co raised its stake in TJX Companies by 1,080.0% during the fourth quarter. Family Capital Trust Co now owns 13,523 shares of the apparel and home fashions retailer’s stock worth $2,077,000 after purchasing an additional 12,377 shares during the period. J.Safra Asset Management Corp raised its stake in TJX Companies by 78.3% during the fourth quarter. J.Safra Asset Management Corp now owns 6,805 shares of the apparel and home fashions retailer’s stock worth $1,045,000 after purchasing an additional 2,989 shares during the period. Finally, Nordea Investment Management AB boosted its holdings in shares of TJX Companies by 6.0% in the 4th quarter. Nordea Investment Management AB now owns 7,479,163 shares of the apparel and home fashions retailer’s stock valued at $1,155,830,000 after purchasing an additional 420,232 shares during the last quarter. 91.09% of the stock is currently owned by institutional investors and hedge funds.

More TJX Companies News

Here are the key news stories impacting TJX Companies this week:

• Positive Sentiment: TJX continues to show strong fundamentals, with its latest quarter beating expectations on both EPS and revenue and management raising full-year guidance for sales, margins, earnings, and share repurchases.
• Positive Sentiment: Analyst sentiment remains constructive, with recent Buy/Outperform ratings and price targets well above the current share price, which may help support the stock over time.
• Positive Sentiment: The company is still expanding internationally, including a new store opening in Spain and a broader plan to add more than 1,700 overseas locations, signaling long-term growth potential. Article: TJX (TJX) Opens In Spain As It Eyes 1,700 More International Stores

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. Citigroup restated a “buy” rating and set a $182.00 price objective (up from $168.00) on shares of TJX Companies in a report on Thursday, May 21st. JPMorgan Chase & Co. lifted their target price on TJX Companies from $173.00 to $174.00 and gave the company an “overweight” rating in a report on Monday, May 18th. UBS Group reissued a “buy” rating on shares of TJX Companies in a research report on Tuesday, June 9th. Weiss Ratings lowered TJX Companies from a “buy (b+)” rating to a “buy (b)” rating in a research note on Thursday, June 18th. Finally, Wall Street Zen upgraded TJX Companies from a “hold” rating to a “buy” rating in a report on Saturday, March 28th. Three investment analysts have rated the stock with a Strong Buy rating and twenty have assigned a Buy rating to the company. According to data from MarketBeat.com, TJX Companies currently has a consensus rating of “Buy” and a consensus price target of $174.58.

Insider Buying and Selling

In other TJX Companies news, Director Jackwyn Nemerov sold 957 shares of the company’s stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $168.59, for a total value of $161,340.63. Following the completion of the transaction, the director owned 802 shares in the company, valued at $135,209.18. This represents a 54.41% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Chairman Carol Meyrowitz sold 55,624 shares of the stock in a transaction that occurred on Tuesday, June 9th. The shares were sold at an average price of $163.65, for a total transaction of $9,102,867.60. Following the completion of the sale, the chairman directly owned 201,496 shares of the company’s stock, valued at $32,974,820.40. This trade represents a 21.63% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 130,367 shares of company stock worth $20,959,476 in the last ninety days. 0.15% of the stock is owned by corporate insiders.

TJX Companies Stock Performance

NYSE:TJX opened at $154.96 on Friday. The company has a current ratio of 1.14, a quick ratio of 0.54 and a debt-to-equity ratio of 0.18. The firm has a market capitalization of $171.18 billion, a price-to-earnings ratio of 30.09, a PEG ratio of 3.58 and a beta of 0.62. The firm’s fifty day simple moving average is $158.11 and its 200 day simple moving average is $156.89. The TJX Companies, Inc. has a twelve month low of $119.84 and a twelve month high of $170.00.

TJX Companies (NYSE:TJX) last announced its quarterly earnings results on Wednesday, May 20th. The apparel and home fashions retailer reported $1.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.02 by $0.17. TJX Companies had a return on equity of 57.92% and a net margin of 9.40%.The firm had revenue of $14.32 billion during the quarter, compared to the consensus estimate of $14.02 billion. During the same period in the prior year, the firm earned $0.92 EPS. The firm’s quarterly revenue was up 9.2% compared to the same quarter last year. TJX Companies has set its FY 2027 guidance at 5.080-5.150 EPS and its Q2 2027 guidance at 1.150-1.170 EPS. As a group, equities research analysts expect that The TJX Companies, Inc. will post 5.17 earnings per share for the current fiscal year.

TJX Companies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Thursday, August 13th will be paid a $0.48 dividend. The ex-dividend date is Thursday, August 13th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 1.2%. TJX Companies’s dividend payout ratio (DPR) is 37.28%.

TJX Companies Profile

TJX Companies, Inc is a leading off-price retailer of apparel, footwear, home fashions and other consumer goods. The company operates multiple retail concepts that offer discounted brand-name and designer merchandise, including well-known banners such as T.J. Maxx and Marshalls in the United States, HomeGoods for home furnishings, TK Maxx in parts of Europe, and Winners and Homesense in Canada. Merchandise categories span women’s, men’s and children’s apparel, accessories, beauty, home décor, kitchenware and small furniture, with frequent changes in assortment that create a “treasure-hunt” shopping experience for consumers.

The company’s business model centers on opportunistic buying, purchasing excess, irregular or out-of-season inventory from manufacturers, department stores and other suppliers, and passing savings to customers through lower prices.