Andra AP fonden Has $46.97 Million Position in The TJX Companies, Inc. $TJX

Andra AP fonden reduced its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 8.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 305,800 shares of the apparel and home fashions retailer’s stock after selling 28,700 shares during the period. TJX Companies makes up about 0.6% of Andra AP fonden’s portfolio, making the stock its 29th biggest holding. Andra AP fonden’s holdings in TJX Companies were worth $46,974,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the company. Banco Santander S.A. raised its holdings in TJX Companies by 24.6% in the 3rd 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 acquiring an additional 31,631 shares in the last quarter. Swiss Life Asset Management Ltd raised its holdings in TJX Companies by 9.5% in the 4th quarter. Swiss Life Asset Management Ltd now owns 373,430 shares of the apparel and home fashions retailer’s stock valued at $57,363,000 after acquiring an additional 32,407 shares in the last quarter. Family Capital Trust Co increased its stake in shares of TJX Companies by 1,080.0% in the 4th quarter. Family Capital Trust Co now owns 13,523 shares of the apparel and home fashions retailer’s stock valued at $2,077,000 after purchasing an additional 12,377 shares during the last quarter. J.Safra Asset Management Corp raised its holdings in shares of TJX Companies by 78.3% during the 4th 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 buying an additional 2,989 shares in the last quarter. Finally, Nordea Investment Management AB raised its holdings in shares of TJX Companies by 6.0% during the 4th quarter. Nordea Investment Management AB now owns 7,479,163 shares of the apparel and home fashions retailer’s stock worth $1,155,830,000 after buying an additional 420,232 shares in the last quarter. 91.09% of the stock is owned by institutional investors and hedge funds.

More TJX Companies News

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

• Positive Sentiment: Analysts remain upbeat on TJX, with Erste Group Bank raising FY2027 and FY2028 earnings estimates, reinforcing the view that the off-price retailer can keep growing profits. Erste Group Bank estimate increase
• Positive Sentiment: TJX continues to benefit from strong fundamentals, including a recent earnings beat, 9.2% revenue growth, and management’s raised margin outlook and buyback plans, which support the case for further upside. TJX earnings and outlook
• Positive Sentiment: The company also declared a quarterly dividend of $0.48 per share, signaling continued cash generation and shareholder returns. TJX quarterly dividend announcement
• Positive Sentiment: Commentary around TJX’s strong growth profile and market share gains from department stores added to the bullish narrative around the stock. TJX attracting investor attention
• Positive Sentiment: Reports highlighting TJX hitting a 52-week high reflect continued momentum and investor confidence in the company’s defensive off-price model. TJX hit a 52-week high
• Neutral Sentiment: Shareholders reapproved the board, auditor, and executive pay at the annual meeting, a routine governance outcome with little direct near-term impact on the stock. TJX shareholders reaffirm board, auditor and executive pay
• Neutral Sentiment: A recent chairman share sale may get attention, but it appears to be a relatively small insider transaction versus TJX’s large market capitalization and strong operational backdrop. TJX insider selling alert

Insider Buying and Selling at TJX Companies

In other TJX Companies news, CEO Ernie Herrman sold 10,002 shares of the company’s stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $160.68, for a total value of $1,607,121.36. Following the sale, the chief executive officer owned 514,848 shares in the company, valued at approximately $82,725,776.64. The trade was a 1.91% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Chairman Carol Meyrowitz sold 55,624 shares of the company’s stock in a transaction dated Tuesday, June 9th. The shares were sold at an average price of $163.65, for a total value of $9,102,867.60. Following the completion of the sale, the chairman owned 201,496 shares in the company, 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. In the last quarter, insiders have sold 129,410 shares of company stock worth $20,798,135. Insiders own 0.13% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the company. Telsey Advisory Group boosted their price target on TJX Companies from $175.00 to $185.00 and gave the stock an “outperform” rating in a report on Thursday, May 21st. Weiss Ratings cut TJX Companies from a “buy (a-)” rating to a “buy (b+)” rating in a report on Friday, May 8th. Sanford C. Bernstein reissued an “outperform” rating on shares of TJX Companies in a report on Thursday, May 21st. Robert W. Baird boosted their price target on TJX Companies from $172.00 to $175.00 and gave the stock an “outperform” rating in a report on Thursday, May 21st. Finally, JPMorgan Chase & Co. boosted their price target on TJX Companies from $173.00 to $174.00 and gave the stock an “overweight” rating in a report on Monday, May 18th. Three analysts have rated the stock with a Strong Buy rating and twenty have issued a Buy rating to the stock. Based on data from MarketBeat.com, TJX Companies has a consensus rating of “Buy” and a consensus price target of $174.58.

TJX Companies Trading Up 0.2%

Shares of TJX stock opened at $168.02 on Friday. The firm has a market capitalization of $185.61 billion, a P/E ratio of 32.63, a P/E/G ratio of 3.63 and a beta of 0.62. The TJX Companies, Inc. has a twelve month low of $119.84 and a twelve month high of $170.00. The company has a quick ratio of 0.54, a current ratio of 1.14 and a debt-to-equity ratio of 0.18. The stock’s fifty day simple moving average is $157.49 and its 200 day simple moving average is $155.99.

TJX Companies (NYSE:TJX) last issued its quarterly earnings data on Wednesday, May 20th. The apparel and home fashions retailer reported $1.19 earnings per share for the quarter, topping analysts’ consensus estimates of $1.02 by $0.17. TJX Companies had a return on equity of 57.92% and a net margin of 9.40%.The business had revenue of $14.32 billion for the quarter, compared to analyst estimates of $14.02 billion. During the same quarter in the previous year, the company posted $0.92 EPS. TJX Companies’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, sell-side analysts predict that The TJX Companies, Inc. will post 5.17 EPS for the current fiscal year.

TJX Companies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Thursday, August 13th will be given a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Thursday, August 13th. TJX Companies’s payout ratio 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.