The TJX Companies, Inc. $TJX Shares Acquired by Rheos Capital Works Inc.

Rheos Capital Works Inc. increased its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 26.0% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 370,000 shares of the apparel and home fashions retailer’s stock after buying an additional 76,400 shares during the quarter. TJX Companies comprises approximately 3.0% of Rheos Capital Works Inc.’s portfolio, making the stock its 8th largest position. Rheos Capital Works Inc.’s holdings in TJX Companies were worth $53,480,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in TJX. Lavaca Capital LLC acquired a new position in shares of TJX Companies in the 2nd quarter valued at $25,000. Princeton Global Asset Management LLC acquired a new stake in shares of TJX Companies during the 2nd quarter worth about $28,000. Highline Wealth Partners LLC raised its holdings in TJX Companies by 65.0% in the 3rd quarter. Highline Wealth Partners LLC now owns 231 shares of the apparel and home fashions retailer’s stock valued at $33,000 after buying an additional 91 shares during the period. Howard Hughes Medical Institute acquired a new position in TJX Companies in the second quarter valued at about $30,000. Finally, Legacy Investment Solutions LLC purchased a new position in TJX Companies during the second quarter worth about $32,000. 91.09% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

TJX has been the topic of a number of research analyst reports. Citigroup reissued a “buy” rating and issued a $168.00 price target (up from $160.00) on shares of TJX Companies in a research note on Thursday, November 20th. Barclays set a $172.00 target price on TJX Companies and gave the company an “overweight” rating in a research report on Thursday, December 4th. JPMorgan Chase & Co. raised their price target on TJX Companies from $150.00 to $154.00 and gave the stock an “overweight” rating in a research report on Thursday, November 20th. Bank of America lifted their price objective on TJX Companies from $150.00 to $168.00 and gave the company a “buy” rating in a research note on Thursday, November 20th. Finally, Telsey Advisory Group reissued an “outperform” rating and set a $170.00 target price on shares of TJX Companies in a research note on Thursday, December 4th. Two investment analysts have rated the stock with a Strong Buy rating and twenty-three have issued a Buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $162.25.

TJX Companies Stock Up 0.1%

Shares of NYSE TJX opened at $153.96 on Wednesday. The stock has a market cap of $170.97 billion, a P/E ratio of 33.99, a PEG ratio of 3.45 and a beta of 0.75. The business’s fifty day simple moving average is $150.75 and its 200-day simple moving average is $140.11. The TJX Companies, Inc. has a 12-month low of $112.10 and a 12-month high of $157.82. The company has a current ratio of 1.09, a quick ratio of 0.43 and a debt-to-equity ratio of 0.20.

TJX Companies (NYSE:TJX) last released its earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 EPS for the quarter, topping the consensus estimate of $1.22 by $0.06. The firm had revenue of $15.12 billion during the quarter, compared to analysts’ expectations of $14.80 billion. TJX Companies had a return on equity of 58.30% and a net margin of 8.68%.TJX Companies’s revenue for the quarter was up 7.5% on a year-over-year basis. During the same period in the previous year, the firm posted $1.14 EPS. 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. As a group, equities analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 5th. Investors of record on Thursday, February 12th will be paid a dividend of $0.425 per share. This represents a $1.70 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Thursday, February 12th. TJX Companies’s dividend payout ratio is presently 37.53%.

Insider Activity at TJX Companies

In related news, Director Amy B. Lane sold 500 shares of TJX Companies stock in a transaction that occurred on 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 owned 22,212 shares in the company, valued at $3,362,896.80. The trade was a 2.20% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Ernie Herrman sold 24,363 shares of the business’s stock in a transaction that occurred on Friday, November 21st. The stock was sold at an average price of $151.31, for a total transaction of $3,686,365.53. Following the transaction, the chief executive officer owned 510,780 shares of the company’s stock, valued at $77,286,121.80. This trade represents a 4.55% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 54,863 shares of company stock worth $8,226,366. 0.13% of the stock is owned by corporate insiders.

About TJX Companies

TJX Companies, Inc is a leading off-price retailer of apparel, footwear, home fashions and other consumer goods. The company operates multiple retail concepts that offer discounted brand-name and designer merchandise, including well-known banners such as T.J. Maxx and Marshalls in the United States, HomeGoods for home furnishings, TK Maxx in parts of Europe, and Winners and Homesense in Canada. Merchandise categories span women’s, men’s and children’s apparel, accessories, beauty, home décor, kitchenware and small furniture, with frequent changes in assortment that create a “treasure-hunt” shopping experience for consumers.

The company’s business model centers on opportunistic buying, purchasing excess, irregular or out-of-season inventory from manufacturers, department stores and other suppliers, and passing savings to customers through lower prices.