Grantham Mayo Van Otterloo & Co. LLC Has $450.39 Million Stake in The TJX Companies, Inc. $TJX

Grantham Mayo Van Otterloo & Co. LLC reduced its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 3.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,647,196 shares of the apparel and home fashions retailer’s stock after selling 131,208 shares during the quarter. TJX Companies makes up approximately 1.4% of Grantham Mayo Van Otterloo & Co. LLC’s portfolio, making the stock its 28th largest position. Grantham Mayo Van Otterloo & Co. LLC owned about 0.33% of TJX Companies worth $450,392,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in TJX. Vanguard Group Inc. lifted its position in TJX Companies by 0.7% in the 2nd quarter. Vanguard Group Inc. now owns 101,141,056 shares of the apparel and home fashions retailer’s stock worth $12,489,909,000 after buying an additional 727,292 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of TJX Companies by 1.2% during the 2nd quarter. Geode Capital Management LLC now owns 26,070,916 shares of the apparel and home fashions retailer’s stock valued at $3,205,927,000 after acquiring an additional 301,127 shares in the last quarter. Ameriprise Financial Inc. increased its stake in shares of TJX Companies by 0.3% in the first 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 acquiring an additional 35,800 shares during the last quarter. Amundi raised its holdings in shares of TJX Companies by 10.2% during the first quarter. Amundi now owns 11,888,455 shares of the apparel and home fashions retailer’s stock worth $1,489,305,000 after acquiring an additional 1,104,292 shares in the last quarter. Finally, Nuveen LLC purchased a new stake in shares of TJX Companies during the first quarter worth $1,330,717,000. 91.09% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

TJX has been the topic of several research reports. JPMorgan Chase & Co. upped their target price on TJX Companies from $150.00 to $154.00 and gave the stock an “overweight” rating in a research report on Thursday, November 20th. UBS Group increased their price objective on TJX Companies from $172.00 to $181.00 and gave the stock a “buy” rating in a report on Thursday, November 20th. Telsey Advisory Group reiterated an “outperform” rating and issued a $170.00 target price (up from $155.00) on shares of TJX Companies in a research note on Wednesday, November 19th. Barclays reissued an “overweight” rating and issued a $168.00 target price (up from $155.00) on shares of TJX Companies in a research report on Thursday, November 20th. Finally, Macquarie restated a “buy” rating on shares of TJX Companies in a report 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. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of $158.90.

TJX Companies Trading Up 0.6%

Shares of TJX stock opened at $153.32 on Friday. The TJX Companies, Inc. has a 12 month low of $112.10 and a 12 month high of $154.66. The company has a market cap of $170.63 billion, a PE ratio of 34.92, a price-to-earnings-growth ratio of 3.14 and a beta of 0.90. 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’s 50 day moving average is $143.99 and its two-hundred day moving average is $134.75.

TJX Companies (NYSE:TJX) last issued its quarterly earnings data on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 earnings per share for the quarter, topping analysts’ consensus estimates of $1.22 by $0.06. The business had revenue of $15.12 billion during the quarter, compared to analysts’ expectations of $14.80 billion. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. TJX Companies’s revenue for the quarter was up 7.5% on a year-over-year basis. During the same period in the previous year, the company earned $1.14 earnings per share. TJX Companies has set its Q4 2026 guidance at 1.330-1.360 EPS. FY 2026 guidance at 4.630-4.660 EPS. Equities analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 4th. Investors of record on Thursday, November 13th will be paid a dividend of $0.425 per share. The ex-dividend date is Thursday, November 13th. This represents a $1.70 annualized dividend and a yield of 1.1%. TJX Companies’s dividend payout ratio is presently 37.53%.

Insider Buying and Selling

In related news, Director Amy B. Lane sold 500 shares of the company’s stock in a transaction on Friday, November 21st. The shares were sold at an average price of $151.40, for a total transaction of $75,700.00. Following the completion of the transaction, the director directly owned 22,212 shares in the company, valued at $3,362,896.80. This represents a 2.20% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Ernie Herrman sold 24,363 shares of the firm’s stock in a transaction on Friday, November 21st. The stock was sold at an average price of $151.31, for a total transaction of $3,686,365.53. Following the completion of the sale, the chief executive officer owned 510,780 shares in the company, valued at $77,286,121.80. This represents a 4.55% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 54,863 shares of company stock worth $8,226,366 in the last ninety days. Insiders own 0.13% of the company’s stock.

TJX Companies Company 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.