BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp Buys 116,610 Shares of The TJX Companies, Inc. $TJX

BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp lifted its stake in The TJX Companies, Inc. (NYSE:TJX) by 54.2% in the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 331,604 shares of the apparel and home fashions retailer’s stock after purchasing an additional 116,610 shares during the quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp’s holdings in TJX Companies were worth $40,950,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of TJX. Vanguard Group Inc. raised 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 purchasing an additional 727,292 shares during the period. State Street Corp boosted its position in shares of TJX Companies by 0.6% during the second quarter. State Street Corp now owns 48,595,536 shares of the apparel and home fashions retailer’s stock valued at $6,001,063,000 after buying an additional 285,737 shares during the period. Geode Capital Management LLC grew its stake in shares of TJX Companies by 1.2% during the second 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 buying an additional 301,127 shares during the last quarter. Norges Bank purchased a new stake in shares of TJX Companies in the second quarter worth approximately $1,808,774,000. Finally, 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 acquiring an additional 35,800 shares during the last quarter. Institutional investors own 91.09% of the company’s stock.

TJX Companies Price Performance

Shares of TJX opened at $156.10 on Friday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.43 and a current ratio of 1.09. The company has a 50 day moving average price of $146.43 and a 200-day moving average price of $136.42. The TJX Companies, Inc. has a fifty-two week low of $112.10 and a fifty-two week high of $157.72. The stock has a market capitalization of $173.34 billion, a PE ratio of 34.46, a PEG ratio of 3.49 and a beta of 0.76.

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 (EPS) for the quarter, beating the consensus estimate of $1.22 by $0.06. The company had revenue of $15.12 billion for the quarter, compared to analyst estimates of $14.80 billion. TJX Companies had a net margin of 8.68% and a return on equity of 58.30%. TJX Companies’s revenue was up 7.5% compared to the same quarter last year. During the same period last year, the company posted $1.14 earnings per share. TJX Companies has set its Q4 2026 guidance at 1.330-1.360 EPS and its FY 2026 guidance at 4.630-4.660 EPS. Equities analysts predict that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 5th. Stockholders of record on Thursday, February 12th will be given a $0.425 dividend. This represents a $1.70 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend is Thursday, February 12th. TJX Companies’s payout ratio is presently 37.53%.

Wall Street Analyst Weigh In

A number of analysts have weighed in on TJX shares. TD Cowen increased their target price on TJX Companies from $162.00 to $167.00 and gave the stock a “buy” rating in a research note on Thursday, November 20th. Evercore ISI raised their price target on shares of TJX Companies from $162.00 to $165.00 and gave the stock an “outperform” rating in a research note on Thursday, November 20th. Robert W. Baird lifted their price objective on shares of TJX Companies from $160.00 to $165.00 and gave the company an “outperform” rating in a report on Thursday, December 4th. Jefferies Financial Group restated a “buy” rating and issued a $170.00 target price on shares of TJX Companies in a research note on Tuesday, November 11th. Finally, UBS Group reaffirmed a “buy” rating and set a $181.00 target price on shares of TJX Companies in a research report on Thursday, December 4th. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, TJX Companies presently has an average rating of “Buy” and an average target price of $161.10.

Insiders Place Their Bets

In other TJX Companies news, Director Amy B. Lane sold 500 shares of the business’s stock in a transaction dated Friday, November 21st. The shares were sold at an average price of $151.40, for a total value of $75,700.00. Following the completion of the transaction, the director directly owned 22,212 shares in the company, valued at approximately $3,362,896.80. The trade was a 2.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Ernie Herrman sold 24,363 shares of the stock in a transaction dated Friday, November 21st. The shares were sold at an average price of $151.31, for a total transaction of $3,686,365.53. Following the sale, the chief executive officer directly owned 510,780 shares of the company’s stock, valued at approximately $77,286,121.80. The trade was a 4.55% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 54,863 shares of company stock valued at $8,226,366 over the last 90 days. 0.13% of the stock is currently owned by company insiders.

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.