Amundi Decreases Stake in The TJX Companies, Inc. $TJX

Amundi lessened its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 33.0% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,964,261 shares of the apparel and home fashions retailer’s stock after selling 3,924,194 shares during the quarter. Amundi owned about 0.71% of TJX Companies worth $998,002,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of TJX. Vanguard Group Inc. lifted its stake in shares of TJX Companies by 0.7% in the 2nd quarter. Vanguard Group Inc. now owns 101,141,056 shares of the apparel and home fashions retailer’s stock valued at $12,489,909,000 after purchasing an additional 727,292 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of TJX Companies by 1.2% during the second quarter. Geode Capital Management LLC now owns 26,070,916 shares of the apparel and home fashions retailer’s stock valued at $3,205,927,000 after buying an additional 301,127 shares during the period. Norges Bank purchased a new stake in TJX Companies in the second quarter worth about $1,808,774,000. Ameriprise Financial Inc. boosted its stake in shares of TJX Companies by 0.3% during the first quarter. Ameriprise Financial Inc. now owns 13,068,312 shares of the apparel and home fashions retailer’s stock valued at $1,591,758,000 after purchasing an additional 35,800 shares in the last quarter. Finally, Nuveen LLC purchased a new position in TJX Companies during the first quarter valued at approximately $1,330,717,000. Hedge funds and other institutional investors own 91.09% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the stock. Erste Group Bank began coverage on shares of TJX Companies in a research report on Friday, September 5th. They issued a “buy” rating on the stock. Evercore ISI upped their price target on TJX Companies from $162.00 to $165.00 and gave the stock an “outperform” rating in a research report on Thursday, November 20th. JPMorgan Chase & Co. raised their price objective on TJX Companies from $150.00 to $154.00 and gave the stock an “overweight” rating in a research report on Thursday, November 20th. Jefferies Financial Group reaffirmed a “buy” rating and set a $170.00 target price on shares of TJX Companies in a research report on Tuesday, November 11th. Finally, Wells Fargo & Company reiterated a “market perform” rating and issued a $145.00 price target (up from $140.00) on shares of TJX Companies in a research note on Thursday, November 20th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of $160.37.

Insider Activity at TJX Companies

In other TJX Companies news, Director Amy B. Lane sold 500 shares of the business’s stock in a transaction that occurred on Friday, November 21st. The stock was sold at an average price of $151.40, for a total value of $75,700.00. Following the completion of the transaction, the director directly owned 22,212 shares of the company’s stock, valued at approximately $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 SEC, which can be accessed through this link. Also, CEO Ernie Herrman sold 30,000 shares of the company’s stock in a transaction that occurred on Thursday, November 20th. The stock was sold at an average price of $148.81, for a total value of $4,464,300.00. Following the completion of the sale, the chief executive officer owned 535,143 shares in the company, valued at approximately $79,634,629.83. This represents a 5.31% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 54,863 shares of company stock valued at $8,226,366. 0.13% of the stock is owned by company insiders.

TJX Companies Stock Up 0.1%

TJX Companies stock opened at $150.26 on Friday. The business’s 50-day simple moving average is $145.06 and its two-hundred day simple moving average is $135.40. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.43 and a current ratio of 1.09. The company has a market cap of $166.86 billion, a PE ratio of 33.17, a PEG ratio of 3.36 and a beta of 0.76. The TJX Companies, Inc. has a fifty-two week low of $112.10 and a fifty-two week high of $154.66.

TJX Companies (NYSE:TJX) last announced its quarterly earnings data on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 earnings per share (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%.The company’s revenue for the quarter was up 7.5% compared to the same quarter last year. During the same period last year, the business posted $1.14 earnings per share. 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. Equities analysts anticipate that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, December 4th. Shareholders of record on Thursday, November 13th were given a dividend of $0.425 per share. This represents a $1.70 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend was Thursday, November 13th. TJX Companies’s dividend payout ratio (DPR) is currently 37.53%.

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.