AustralianSuper Pty Ltd Makes New Investment in The TJX Companies, Inc. $TJX

AustralianSuper Pty Ltd bought a new position in The TJX Companies, Inc. (NYSE:TJX) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 428,273 shares of the apparel and home fashions retailer’s stock, valued at approximately $52,887,000.

Several other large investors have also recently added to or reduced their stakes in the stock. Y Intercept Hong Kong Ltd acquired a new stake in TJX Companies in the second quarter worth $6,342,000. CCLA Investment Management grew its stake in shares of TJX Companies by 7.7% in the second quarter. CCLA Investment Management now owns 797,600 shares of the apparel and home fashions retailer’s stock worth $98,471,000 after purchasing an additional 56,711 shares in the last quarter. GoalVest Advisory LLC grew its stake in shares of TJX Companies by 12.4% in the second quarter. GoalVest Advisory LLC now owns 6,640 shares of the apparel and home fashions retailer’s stock worth $820,000 after purchasing an additional 732 shares in the last quarter. Banco Santander S.A. grew its stake in shares of TJX Companies by 15.3% in the second quarter. Banco Santander S.A. now owns 128,737 shares of the apparel and home fashions retailer’s stock worth $15,898,000 after purchasing an additional 17,041 shares in the last quarter. Finally, Ashton Thomas Private Wealth LLC grew its stake in shares of TJX Companies by 0.5% in the second quarter. Ashton Thomas Private Wealth LLC now owns 23,532 shares of the apparel and home fashions retailer’s stock worth $2,906,000 after purchasing an additional 120 shares in the last quarter. 91.09% of the stock is owned by institutional investors and hedge funds.

TJX Companies Trading Down 0.4%

Shares of TJX stock opened at $141.90 on Monday. The stock has a 50-day simple moving average of $140.31 and a 200 day simple moving average of $131.71. The TJX Companies, Inc. has a fifty-two week low of $111.73 and a fifty-two week high of $146.46. The stock has a market capitalization of $157.92 billion, a P/E ratio of 32.32, a P/E/G 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.

TJX Companies (NYSE:TJX) last announced its earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share for the quarter, beating 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 business had revenue of $14.40 billion during the quarter, compared to analysts’ expectations of $14.12 billion. During the same quarter last year, the business posted $0.96 earnings per share. The company’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. On average, sell-side analysts expect 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, December 4th. Investors of record on Thursday, November 13th will be given a $0.425 dividend. The ex-dividend date is Thursday, November 13th. This represents a $1.70 dividend on an annualized basis and a dividend yield of 1.2%. TJX Companies’s dividend payout ratio (DPR) is 38.72%.

Wall Street Analysts Forecast Growth

TJX has been the subject of several recent analyst reports. Macquarie reissued a “buy” rating on shares of TJX Companies in a research note on Monday, August 11th. Erste Group Bank initiated coverage on TJX Companies in a research note on Friday, September 5th. They issued a “buy” rating for the company. Sanford C. Bernstein increased their price target on TJX Companies from $145.00 to $152.00 and gave the stock an “outperform” rating in a research note on Thursday, August 21st. Weiss Ratings reissued a “buy (b+)” rating on shares of TJX Companies in a research note on Friday. Finally, Bank of America raised their target price on TJX Companies from $145.00 to $150.00 and gave the company a “buy” rating in a research note on Thursday, August 21st. One research analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company currently has an average 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.