Banco Santander S.A. Raises Stock Holdings in The TJX Companies, Inc. $TJX

Banco Santander S.A. increased its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 15.3% in the second quarter, HoldingsChannel reports. The firm owned 128,737 shares of the apparel and home fashions retailer’s stock after buying an additional 17,041 shares during the period. Banco Santander S.A.’s holdings in TJX Companies were worth $15,898,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. Vanguard Group Inc. lifted its stake in shares of TJX Companies by 1.1% during the 1st quarter. Vanguard Group Inc. now owns 100,413,764 shares of the apparel and home fashions retailer’s stock worth $12,230,396,000 after purchasing an additional 1,099,129 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in shares of TJX Companies by 0.3% during the 1st quarter. Ameriprise Financial Inc. now owns 13,068,312 shares of the apparel and home fashions retailer’s stock worth $1,591,758,000 after purchasing an additional 35,800 shares during the last quarter. Amundi raised its stake in TJX Companies by 10.2% in the first quarter. Amundi now owns 11,888,455 shares of the apparel and home fashions retailer’s stock valued at $1,489,305,000 after buying an additional 1,104,292 shares during the last quarter. Nuveen LLC purchased a new stake in TJX Companies in the first quarter valued at about $1,330,717,000. Finally, Invesco Ltd. raised its stake in TJX Companies by 2.8% in the first quarter. Invesco Ltd. now owns 9,000,600 shares of the apparel and home fashions retailer’s stock valued at $1,096,273,000 after buying an additional 247,579 shares during the last quarter. 91.09% of the stock is currently owned by hedge funds and other institutional investors.

TJX Companies Trading Down 0.4%

Shares of NYSE:TJX opened at $141.90 on Monday. The TJX Companies, Inc. has a 52-week low of $111.73 and a 52-week high of $146.46. The stock has a market cap of $157.92 billion, a price-to-earnings ratio of 32.32, a PEG ratio of 3.15 and a beta of 0.92. The company has a quick ratio of 0.52, a current ratio of 1.17 and a debt-to-equity ratio of 0.32. The business has a 50-day moving average price of $140.31 and a 200-day moving average price of $131.71.

TJX Companies (NYSE:TJX) last announced its quarterly earnings data on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $14.40 billion during the quarter, compared to analysts’ expectations of $14.12 billion. During the same period last year, the business posted $0.96 earnings per share. The company’s revenue for the quarter was up 6.9% compared to the same quarter last year. 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 predict that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 4th. Stockholders of record on Thursday, November 13th will be paid a $0.425 dividend. This represents a $1.70 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Thursday, November 13th. TJX Companies’s dividend payout ratio (DPR) is presently 38.72%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on TJX shares. Morgan Stanley increased their price target on TJX Companies from $140.00 to $150.00 and gave the company an “overweight” rating in a research note on Thursday, August 21st. BTIG Research started coverage on TJX Companies in a research note on Tuesday, October 14th. They issued a “buy” rating and a $165.00 price target for the company. JPMorgan Chase & Co. increased their price target on TJX Companies from $148.00 to $149.00 and gave the company an “overweight” rating in a research note on Monday, October 6th. Erste Group Bank started coverage on TJX Companies in a research note on Friday, September 5th. They issued a “buy” rating for the company. Finally, Macquarie reiterated a “buy” rating on shares of TJX Companies in a research note on Monday, August 11th. One research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, TJX Companies has a consensus rating of “Buy” and an average target price of $148.50.

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.