Fideuram Intesa Sanpaolo Private Banking S.P.A. Acquires Shares of 33,378 The TJX Companies, Inc. $TJX

Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new position in shares of The TJX Companies, Inc. (NYSE:TJX) in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor bought 33,378 shares of the apparel and home fashions retailer’s stock, valued at approximately $5,127,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Banco Santander S.A. lifted its position in shares of TJX Companies by 24.6% in the third quarter. Banco Santander S.A. now owns 160,368 shares of the apparel and home fashions retailer’s stock valued at $23,180,000 after acquiring an additional 31,631 shares in the last quarter. Swiss Life Asset Management Ltd boosted its stake in shares of TJX Companies by 9.5% in the fourth quarter. Swiss Life Asset Management Ltd now owns 373,430 shares of the apparel and home fashions retailer’s stock worth $57,363,000 after acquiring an additional 32,407 shares during the last quarter. Family Capital Trust Co increased its position in shares of TJX Companies by 1,080.0% during the fourth quarter. Family Capital Trust Co now owns 13,523 shares of the apparel and home fashions retailer’s stock worth $2,077,000 after purchasing an additional 12,377 shares in the last quarter. Nordea Investment Management AB raised its stake in TJX Companies by 6.0% in the 4th quarter. Nordea Investment Management AB now owns 7,479,163 shares of the apparel and home fashions retailer’s stock valued at $1,155,830,000 after purchasing an additional 420,232 shares during the last quarter. Finally, Wealthfront Advisers LLC raised its stake in TJX Companies by 4.9% in the 3rd quarter. Wealthfront Advisers LLC now owns 171,820 shares of the apparel and home fashions retailer’s stock valued at $24,835,000 after purchasing an additional 8,006 shares during the last quarter. Hedge funds and other institutional investors own 91.09% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have issued reports on TJX. BTIG Research reaffirmed a “buy” rating and set a $185.00 target price (up from $165.00) on shares of TJX Companies in a research note on Thursday, February 26th. JPMorgan Chase & Co. increased their target price on shares of TJX Companies from $173.00 to $174.00 and gave the company an “overweight” rating in a research report on Monday. Telsey Advisory Group raised their price target on shares of TJX Companies from $170.00 to $175.00 and gave the stock an “outperform” rating in a research note on Thursday, February 26th. Wall Street Zen upgraded shares of TJX Companies from a “hold” rating to a “buy” rating in a research report on Saturday, March 28th. Finally, UBS Group reaffirmed a “buy” rating on shares of TJX Companies in a research note on Wednesday, March 4th. Three investment analysts have rated the stock with a Strong Buy rating and twenty-one have given a Buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $169.25.

TJX Companies Stock Up 5.6%

Shares of NYSE:TJX opened at $159.13 on Thursday. The TJX Companies, Inc. has a 52-week low of $119.84 and a 52-week high of $165.82. The stock has a market cap of $175.97 billion, a P/E ratio of 32.61, a PEG ratio of 3.45 and a beta of 0.64. The business has a fifty day moving average of $156.71 and a two-hundred day moving average of $154.44. The company has a quick ratio of 0.59, a current ratio of 1.14 and a debt-to-equity ratio of 0.18.

TJX Companies (NYSE:TJX) last posted its quarterly earnings results 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 return on equity of 57.70% and a net margin of 9.10%.The company’s quarterly revenue was up 9.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.92 EPS. 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. On average, research analysts expect that The TJX Companies, Inc. will post 5.07 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 dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a yield of 1.2%. This is a boost from TJX Companies’s previous quarterly dividend of $0.43. The ex-dividend date of this dividend is Thursday, May 14th. TJX Companies’s payout ratio is presently 39.34%.

TJX Companies News Roundup

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

• Positive Sentiment: TJX beat Q1 estimates with earnings of $1.19 per share versus about $1.01 expected, while revenue came in at $14.32 billion, above forecasts. Article Title
• Positive Sentiment: Comparable sales rose 6% and pretax margin improved to 12.0%, showing that traffic and profitability remain strong across banners like T.J. Maxx, Marshalls, and HomeGoods. Article Title
• Positive Sentiment: The company raised full-year FY27 guidance, including EPS to $5.08-$5.15 and comp sales growth to 3%-4%, signaling confidence that momentum will continue. Article Title
• Positive Sentiment: TJX also increased its share buyback authorization to $2.75 billion-$3.0 billion, which is supportive for earnings per share and investor returns. Article Title
• Neutral Sentiment: Management’s Q2 EPS guidance of $1.15-$1.17 is roughly in line with consensus, so the market is mostly reacting to the stronger full-year outlook rather than a big near-term beat. Article Title
• Neutral Sentiment: Analyst commentary was mixed on upside from here, with some noting the stock already reflects much of the beat-and-raise optimism. Article Title

Insiders Place Their Bets

In other TJX Companies news, CEO Ernie Herrman sold 30,000 shares of the business’s stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $160.95, for a total value of $4,828,500.00. Following the transaction, 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 position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 0.13% of the stock is 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.