Meiji Yasuda Asset Management Co Ltd. Buys 27,351 Shares of The TJX Companies, Inc. $TJX

Meiji Yasuda Asset Management Co Ltd. grew its stake in The TJX Companies, Inc. (NYSE:TJX) by 57.3% during the fourth quarter, Holdings Channel reports. The firm owned 75,094 shares of the apparel and home fashions retailer’s stock after purchasing an additional 27,351 shares during the period. Meiji Yasuda Asset Management Co Ltd.’s holdings in TJX Companies were worth $11,535,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the stock. Entrust Financial LLC bought a new position in shares of TJX Companies during the fourth quarter valued at about $26,000. IMG Wealth Management Inc. lifted its position in shares of TJX Companies by 65.7% during the fourth quarter. IMG Wealth Management Inc. now owns 174 shares of the apparel and home fashions retailer’s stock valued at $27,000 after purchasing an additional 69 shares in the last quarter. Joseph Group Capital Management bought a new position in shares of TJX Companies during the fourth quarter valued at about $27,000. Miller Global Investments LLC bought a new position in shares of TJX Companies during the fourth quarter valued at about $28,000. Finally, Dogwood Wealth Management LLC lifted its position in shares of TJX Companies by 102.2% during the third quarter. Dogwood Wealth Management LLC now owns 182 shares of the apparel and home fashions retailer’s stock valued at $26,000 after purchasing an additional 92 shares in the last quarter. Institutional investors own 91.09% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the stock. Wall Street Zen raised shares of TJX Companies from a “hold” rating to a “buy” rating in a research report on Saturday, March 28th. Weiss Ratings lowered TJX Companies from a “buy (a-)” rating to a “buy (b+)” rating in a report on Friday, May 8th. Evercore reiterated an “outperform” rating and set a $175.00 price target on shares of TJX Companies in a report on Thursday. Telsey Advisory Group lifted their price target on TJX Companies from $175.00 to $185.00 and gave the stock an “outperform” rating in a report on Thursday. Finally, UBS Group reiterated a “neutral” rating and set a $197.00 price target (up from $193.00) on shares of TJX Companies in a report on Thursday. Three investment analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $174.58.

TJX Companies News Summary

Here are the key news stories impacting TJX Companies this week:

• Positive Sentiment: TJX delivered “very solid” Q1 results, with UBS saying the company could capture major market share as shoppers continue seeking value. TJX Delivers ‘Very Solid’ Q1 Results, May Capture Major Market Share, UBS Securities Says
• Positive Sentiment: Analysts at BTIG, Baird, and Telsey all raised price targets after the beat-and-raise quarter, signaling increased confidence in TJX’s earnings trajectory and valuation upside. TJX Companies Sees ‘No Signs Of Consumer Weakness’: Analysts
• Positive Sentiment: Management reported 6% comparable sales growth, 29% EPS growth to $1.19, and a raised FY27 outlook, while also lifting the buyback range to $2.75 billion-$3.0 billion. Price-Weary Shoppers Are Flocking To TJX In Droves
• Positive Sentiment: More commentary highlighted broad-based strength across banners and no obvious signs of consumer weakness, supporting the stock’s long-term growth story. Is TJX Companies a Buy After Their Latest Earnings Report?
• Neutral Sentiment: Some coverage noted that shares pulled back despite the strong report, likely reflecting profit-taking and tempered reaction to near-term guidance rather than a change in fundamentals. TJX Analysts Raise Their Forecasts Following Better-Than-Expected Q1 Results
• Negative Sentiment: Despite the upbeat quarter, the stock traded lower earlier in the day, suggesting investors were initially focused on cautious guidance or broader market volatility before analysts turned more constructive. TJX jumps on Q1 earnings beat, raised full-year outlook, and higher buyback target

TJX Companies Stock Performance

Shares of TJX stock opened at $157.59 on Friday. The firm has a market cap of $174.26 billion, a price-to-earnings ratio of 30.60, a P/E/G ratio of 3.61 and a beta of 0.64. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.59 and a current ratio of 1.14. The TJX Companies, Inc. has a 52 week low of $119.84 and a 52 week high of $165.82. The firm’s 50-day simple moving average is $156.67 and its two-hundred day simple moving average is $154.57.

TJX Companies (NYSE:TJX) last announced its quarterly earnings data on Wednesday, May 20th. The apparel and home fashions retailer reported $1.19 EPS for the quarter, topping the consensus estimate of $1.02 by $0.17. The business had revenue of $14.32 billion for the quarter, compared to analyst estimates of $14.02 billion. TJX Companies had a net margin of 9.40% and a return on equity of 57.92%. The company’s revenue for the quarter was up 9.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.92 earnings per share. TJX Companies has set its FY 2027 guidance at 5.080-5.150 EPS and its Q2 2027 guidance at 1.150-1.170 EPS. As a group, equities analysts forecast that The TJX Companies, Inc. will post 5.12 earnings per share for the current year.

TJX Companies Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 4th. Shareholders of record on Thursday, May 14th will be paid a $0.48 dividend. The ex-dividend date is Thursday, May 14th. This is a boost from TJX Companies’s previous quarterly dividend of $0.43. This represents a $1.92 annualized dividend and a dividend yield of 1.2%. TJX Companies’s dividend payout ratio is presently 37.28%.

Insider Activity

In other TJX Companies news, CEO Ernie Herrman sold 30,000 shares of the business’s stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $160.95, for a total value of $4,828,500.00. Following the sale, the chief executive officer directly owned 479,316 shares in the company, valued at $77,145,910.20. The trade was a 5.89% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.13% of the stock is currently owned by 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.