Bright Rock Capital Management LLC Has $11.42 Million Holdings in The TJX Companies, Inc. $TJX

Bright Rock Capital Management LLC raised its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 15.6% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 92,500 shares of the apparel and home fashions retailer’s stock after purchasing an additional 12,500 shares during the period. TJX Companies accounts for approximately 2.3% of Bright Rock Capital Management LLC’s holdings, making the stock its 12th biggest holding. Bright Rock Capital Management LLC’s holdings in TJX Companies were worth $11,423,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the business. Nuveen LLC bought a new position in shares of TJX Companies in the 1st quarter worth $1,330,717,000. GAMMA Investing LLC boosted its position in shares of TJX Companies by 14,486.1% in the 1st quarter. GAMMA Investing LLC now owns 2,912,116 shares of the apparel and home fashions retailer’s stock worth $354,696,000 after purchasing an additional 2,892,151 shares during the last quarter. Assenagon Asset Management S.A. boosted its position in shares of TJX Companies by 65.8% in the 1st quarter. Assenagon Asset Management S.A. now owns 3,282,351 shares of the apparel and home fashions retailer’s stock worth $399,790,000 after purchasing an additional 1,302,845 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH bought a new position in shares of TJX Companies in the 4th quarter worth $136,753,000. Finally, Amundi boosted its position 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 during the last quarter. 91.09% of the stock is currently owned by institutional investors and hedge funds.

TJX Companies Trading Up 0.2%

Shares of NYSE:TJX opened at $139.85 on Thursday. The TJX Companies, Inc. has a 12-month low of $111.22 and a 12-month high of $145.58. The stock has a market cap of $155.64 billion, a PE ratio of 31.86, a P/E/G ratio of 3.14 and a beta of 0.90. The business has a 50 day moving average of $132.27 and a 200-day moving average of $127.31. 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 issued its quarterly earnings data on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share (EPS) for the quarter, topping 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 company had revenue of $14.40 billion during the quarter, compared to analysts’ expectations of $14.12 billion. During the same quarter in the previous year, the company posted $0.96 earnings per share. The business’s 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, equities research analysts forecast that The TJX Companies, Inc. will post 4.18 earnings per share for the current 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 paid a $0.425 dividend. This represents a $1.70 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Thursday, November 13th. TJX Companies’s payout ratio is 38.72%.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on TJX. Telsey Advisory Group restated an “outperform” rating and issued a $155.00 price target (up from $150.00) on shares of TJX Companies in a research report on Wednesday, August 20th. Macquarie restated a “buy” rating on shares of TJX Companies in a research report on Monday, August 11th. Robert W. Baird raised their price target on TJX Companies from $143.00 to $152.00 and gave the stock an “outperform” rating in a research report on Thursday, August 21st. Evercore ISI raised their price target on TJX Companies from $150.00 to $162.00 and gave the stock an “outperform” rating in a research report on Thursday, August 21st. Finally, UBS Group lifted their target price on TJX Companies from $164.00 to $172.00 and gave the stock a “buy” rating in a report on Thursday, August 21st. One research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $147.58.

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.