Capital International Investors Acquires 630,574 Shares of The TJX Companies, Inc. $TJX

Capital International Investors grew its holdings in The TJX Companies, Inc. (NYSE:TJX) by 4.2% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 15,678,165 shares of the apparel and home fashions retailer’s stock after buying an additional 630,574 shares during the quarter. Capital International Investors’ holdings in TJX Companies were worth $2,266,066,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in TJX. High Note Wealth LLC increased its stake in TJX Companies by 12.1% in the third quarter. High Note Wealth LLC now owns 667 shares of the apparel and home fashions retailer’s stock valued at $96,000 after acquiring an additional 72 shares during the period. Valley National Advisers Inc. lifted its stake in TJX Companies by 2.3% during the third quarter. Valley National Advisers Inc. now owns 3,271 shares of the apparel and home fashions retailer’s stock worth $472,000 after purchasing an additional 73 shares during the period. Webster Bank N. A. boosted its holdings in TJX Companies by 1.6% during the third quarter. Webster Bank N. A. now owns 4,574 shares of the apparel and home fashions retailer’s stock valued at $661,000 after purchasing an additional 73 shares in the last quarter. REAP Financial Group LLC boosted its holdings in TJX Companies by 12.1% during the third quarter. REAP Financial Group LLC now owns 676 shares of the apparel and home fashions retailer’s stock valued at $98,000 after purchasing an additional 73 shares in the last quarter. Finally, Banco de Sabadell S.A grew its stake in shares of TJX Companies by 0.4% in the 2nd quarter. Banco de Sabadell S.A now owns 20,951 shares of the apparel and home fashions retailer’s stock valued at $2,587,000 after purchasing an additional 77 shares during the period. 91.09% of the stock is owned by institutional investors.

TJX Companies Stock Down 0.8%

Shares of TJX opened at $158.06 on Tuesday. The company has a market capitalization of $175.52 billion, a P/E ratio of 32.39, a PEG ratio of 3.67 and a beta of 0.73. The TJX Companies, Inc. has a one year low of $112.10 and a one year high of $162.68. The business’s 50 day simple moving average is $155.33 and its 200-day simple moving average is $148.87. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.14 and a quick ratio of 0.59.

TJX Companies (NYSE:TJX) last issued its quarterly earnings data on Wednesday, February 25th. The apparel and home fashions retailer reported $1.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.38 by $0.05. The firm had revenue of $17.74 billion during the quarter, compared to the consensus estimate of $17.36 billion. TJX Companies had a return on equity of 57.70% and a net margin of 9.10%.The business’s revenue for the quarter was up 8.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.23 EPS. TJX Companies has set its FY 2027 guidance at 4.930-5.020 EPS and its Q1 2027 guidance at 0.970-0.990 EPS. As a group, sell-side analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. Argus raised TJX Companies to a “strong-buy” rating in a report on Tuesday, March 3rd. Deutsche Bank Aktiengesellschaft set a $184.00 price target on TJX Companies in a research report on Thursday, January 8th. Robert W. Baird set a $168.00 price objective on TJX Companies in a research note on Wednesday, December 17th. BTIG Research reissued a “buy” rating and set a $185.00 price objective (up from $165.00) on shares of TJX Companies in a report on Thursday, February 26th. Finally, Guggenheim upgraded shares of TJX Companies to a “strong-buy” rating in a research note on Wednesday, December 10th. Three analysts have rated the stock with a Strong Buy rating and twenty-two have issued a Buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $167.55.

Insider Activity

In related news, CEO Ernie Herrman sold 30,000 shares of the company’s stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $160.95, for a total transaction of $4,828,500.00. Following the transaction, the chief executive officer owned 479,316 shares in the company, valued at $77,145,910.20. This represents a 5.89% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.13% of the stock is owned by corporate insiders.

TJX Companies Company Profile

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.