Groupama Asset Managment Raises Stock Position in The TJX Companies, Inc. $TJX

Groupama Asset Managment boosted its position in The TJX Companies, Inc. (NYSE:TJX) by 4.2% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 493,297 shares of the apparel and home fashions retailer’s stock after purchasing an additional 19,662 shares during the quarter. Groupama Asset Managment’s holdings in TJX Companies were worth $60,863,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently bought and sold shares of the company. TCTC Holdings LLC raised its position in shares of TJX Companies by 210.1% in the first quarter. TCTC Holdings LLC now owns 214 shares of the apparel and home fashions retailer’s stock worth $26,000 after buying an additional 145 shares in the last quarter. Princeton Global Asset Management LLC purchased a new position in TJX Companies during the second quarter worth about $28,000. Legacy Investment Solutions LLC bought a new position in TJX Companies in the 2nd quarter worth about $32,000. True Wealth Design LLC raised its holdings in shares of TJX Companies by 121.1% in the 2nd quarter. True Wealth Design LLC now owns 272 shares of the apparel and home fashions retailer’s stock valued at $34,000 after acquiring an additional 149 shares in the last quarter. Finally, Activest Wealth Management boosted its position in shares of TJX Companies by 4,485.7% during the 1st quarter. Activest Wealth Management now owns 321 shares of the apparel and home fashions retailer’s stock valued at $39,000 after acquiring an additional 314 shares during the last quarter. 91.09% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on TJX shares. Morgan Stanley restated an “overweight” rating and issued a $162.00 price objective (up from $159.00) on shares of TJX Companies in a research report on Thursday, November 20th. Weiss Ratings reissued a “buy (b+)” rating on shares of TJX Companies in a report on Wednesday, October 8th. Bank of America raised their price objective on shares of TJX Companies from $150.00 to $168.00 and gave the company a “buy” rating in a research report on Thursday, November 20th. UBS Group lifted their price objective on shares of TJX Companies from $172.00 to $181.00 and gave the stock a “buy” rating in a report on Thursday, November 20th. Finally, Sanford C. Bernstein increased their target price on TJX Companies from $152.00 to $155.00 and gave the company an “outperform” rating in a research note on Thursday, November 20th. One equities 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 stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $158.90.

TJX Companies Price Performance

Shares of TJX Companies stock opened at $153.32 on Friday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.52 and a current ratio of 1.17. The TJX Companies, Inc. has a 52-week low of $112.10 and a 52-week high of $154.66. The company has a fifty day moving average of $143.99 and a 200-day moving average of $134.75. The stock has a market capitalization of $170.63 billion, a price-to-earnings ratio of 34.92, a price-to-earnings-growth ratio of 3.14 and a beta of 0.90.

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

TJX Companies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 4th. Investors of record on Thursday, November 13th will be issued 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 currently 37.53%.

Insider Activity at TJX Companies

In other TJX Companies news, Director Amy B. Lane sold 500 shares of TJX Companies stock in a transaction that occurred on Friday, November 21st. The stock was sold at an average price of $151.40, for a total value of $75,700.00. Following the transaction, the director directly owned 22,212 shares of the company’s stock, valued at $3,362,896.80. The trade was a 2.20% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Ernie Herrman sold 30,000 shares of the business’s stock in a transaction that occurred on Thursday, November 20th. The shares were sold at an average price of $148.81, for a total value of $4,464,300.00. Following the completion of the sale, the chief executive officer owned 535,143 shares of the company’s stock, valued at $79,634,629.83. The trade was a 5.31% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 54,863 shares of company stock worth $8,226,366. 0.13% of the stock is owned by corporate insiders.

TJX Companies 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.