Achmea Investment Management B.V. Boosts Stock Position in The TJX Companies, Inc. $TJX

Achmea Investment Management B.V. lifted its position in The TJX Companies, Inc. (NYSE:TJX) by 11.3% in the second quarter, Holdings Channel.com reports. The firm owned 374,887 shares of the apparel and home fashions retailer’s stock after purchasing an additional 38,163 shares during the quarter. Achmea Investment Management B.V.’s holdings in TJX Companies were worth $46,294,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of TJX. Nuveen LLC purchased a new position in shares of TJX Companies in the 1st quarter worth about $1,330,717,000. Mirova US LLC boosted its holdings in shares of TJX Companies by 164.5% in the 2nd quarter. Mirova US LLC now owns 2,699,156 shares of the apparel and home fashions retailer’s stock worth $333,319,000 after purchasing an additional 1,678,665 shares in the last quarter. Amundi boosted its holdings in shares of TJX Companies by 10.2% in the 1st quarter. Amundi now owns 11,888,455 shares of the apparel and home fashions retailer’s stock worth $1,489,305,000 after purchasing an additional 1,104,292 shares in the last quarter. Vanguard Group Inc. boosted its holdings in shares of TJX Companies by 1.1% in 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 in the last quarter. Finally, Goldman Sachs Group Inc. boosted its holdings in shares of TJX Companies by 17.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 6,807,714 shares of the apparel and home fashions retailer’s stock worth $829,180,000 after purchasing an additional 1,025,329 shares in the last quarter. 91.09% of the stock is currently owned by hedge funds and other institutional investors.

TJX Companies Price Performance

NYSE:TJX opened at $143.68 on Thursday. 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 simple moving average is $141.28 and its two-hundred day simple moving average is $132.52. The stock has a market cap of $159.91 billion, a PE ratio of 32.73, a P/E/G ratio of 3.14 and a beta of 0.90. The TJX Companies, Inc. has a 52 week low of $112.10 and a 52 week high of $146.46.

TJX Companies (NYSE:TJX) last posted its quarterly earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 EPS for the quarter, beating analysts’ consensus estimates of $1.01 by $0.09. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.The business had revenue of $14.40 billion for the quarter, compared to analysts’ expectations of $14.12 billion. During the same period last year, the firm earned $0.96 earnings per share. The business’s quarterly revenue was up 6.9% on a year-over-year basis. TJX Companies has set its FY 2026 guidance at 4.520-4.570 EPS. Q3 2026 guidance at 1.170-1.190 EPS. As a group, analysts forecast that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Dividend Announcement

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

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. Morgan Stanley increased their target price on TJX Companies from $140.00 to $150.00 and gave the company an “overweight” rating in a report on Thursday, August 21st. Telsey Advisory Group reissued an “outperform” rating and issued a $155.00 target price (up previously from $150.00) on shares of TJX Companies in a research report on Wednesday, August 20th. Evercore ISI raised their price objective on TJX Companies from $150.00 to $162.00 and gave the company an “outperform” rating in a research report on Thursday, August 21st. Wells Fargo & Company set a $140.00 price objective on TJX Companies and gave the company an “equal weight” rating in a research report on Monday, October 27th. Finally, UBS Group reiterated a “buy” rating and set a $172.00 target price on shares of TJX Companies in a research note on Tuesday. 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 stock. According to data from MarketBeat.com, TJX Companies currently has a consensus rating of “Buy” and an average price target of $149.00.

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.