ABN Amro Investment Solutions Makes New $12.43 Million Investment in The TJX Companies, Inc. $TJX

ABN Amro Investment Solutions purchased a new stake in shares of The TJX Companies, Inc. (NYSE:TJX) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 100,647 shares of the apparel and home fashions retailer’s stock, valued at approximately $12,429,000.

A number of other institutional investors also recently modified their holdings of the stock. TCTC Holdings LLC boosted its position in shares of TJX Companies by 210.1% during the 1st quarter. TCTC Holdings LLC now owns 214 shares of the apparel and home fashions retailer’s stock worth $26,000 after purchasing an additional 145 shares in the last quarter. Princeton Global Asset Management LLC purchased a new position in shares of TJX Companies in the 2nd quarter worth approximately $28,000. Legacy Investment Solutions LLC bought a new stake in shares of TJX Companies during the 2nd quarter worth $32,000. True Wealth Design LLC raised its position in TJX Companies by 121.1% in the second quarter. True Wealth Design LLC now owns 272 shares of the apparel and home fashions retailer’s stock worth $34,000 after acquiring an additional 149 shares during the period. Finally, Activest Wealth Management lifted its stake in TJX Companies by 4,485.7% in the first quarter. Activest Wealth Management now owns 321 shares of the apparel and home fashions retailer’s stock valued at $39,000 after purchasing an additional 314 shares during the last quarter. Institutional investors and hedge funds own 91.09% of the company’s stock.

TJX Companies Stock Up 0.8%

NYSE:TJX opened at $147.38 on Thursday. The TJX Companies, Inc. has a fifty-two week low of $112.10 and a fifty-two week high of $148.11. The firm has a 50-day simple moving average of $142.09 and a two-hundred day simple moving average of $133.22. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.52 and a current ratio of 1.17. The firm has a market cap of $164.03 billion, a P/E ratio of 33.57, a P/E/G ratio of 3.14 and a beta of 0.90.

TJX Companies (NYSE:TJX) last released its quarterly earnings data on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 EPS 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 company 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 posted $0.96 earnings per share. TJX Companies’s revenue was up 6.9% compared to the same quarter last year. TJX Companies has set its FY 2026 guidance at 4.520-4.570 EPS. Q3 2026 guidance at 1.170-1.190 EPS. Analysts predict that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 4th. Stockholders 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 dividend payout ratio is 38.72%.

Analyst Upgrades and Downgrades

A number of analysts recently commented on TJX shares. Telsey Advisory Group restated an “outperform” rating and set a $155.00 price target on shares of TJX Companies in a research note on Wednesday. Macquarie restated a “buy” rating on shares of TJX Companies in a research report on Monday, August 11th. BTIG Research initiated coverage on shares of TJX Companies in a research note on Tuesday, October 14th. They set a “buy” rating and a $165.00 price target on the stock. Jefferies Financial Group reaffirmed a “buy” rating and issued a $170.00 target price on shares of TJX Companies in a research note on Tuesday. Finally, Wall Street Zen upgraded TJX Companies from a “hold” rating to a “buy” rating in a research report on Saturday, August 23rd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, TJX Companies presently has an average rating of “Buy” and an average price target of $151.75.

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.