The TJX Companies, Inc. $TJX Shares Bought by Rainier Family Wealth Inc.

Rainier Family Wealth Inc. grew its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 6.7% in the first quarter, HoldingsChannel reports. The fund owned 3,328 shares of the apparel and home fashions retailer’s stock after buying an additional 209 shares during the period. Rainier Family Wealth Inc.’s holdings in TJX Companies were worth $405,000 as of its most recent filing with the SEC.

Other institutional investors also recently added to or reduced their stakes in the company. Shell Asset Management Co. boosted its position in TJX Companies by 16.5% during the 4th quarter. Shell Asset Management Co. now owns 29,168 shares of the apparel and home fashions retailer’s stock worth $3,524,000 after acquiring an additional 4,128 shares during the period. Pinnacle Financial Partners Inc boosted its position in TJX Companies by 2.2% during the 1st quarter. Pinnacle Financial Partners Inc now owns 387,342 shares of the apparel and home fashions retailer’s stock worth $46,989,000 after acquiring an additional 8,319 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in TJX Companies by 28.2% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 163,680 shares of the apparel and home fashions retailer’s stock worth $19,774,000 after acquiring an additional 35,991 shares during the period. State of Alaska Department of Revenue boosted its position in TJX Companies by 1.7% during the 1st quarter. State of Alaska Department of Revenue now owns 181,712 shares of the apparel and home fashions retailer’s stock worth $22,132,000 after acquiring an additional 3,125 shares during the period. Finally, FCG Investment Co acquired a new position in TJX Companies during the 1st quarter worth $2,620,000. Institutional investors and hedge funds own 91.09% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on TJX. Morgan Stanley upped their price objective on TJX Companies from $140.00 to $150.00 and gave the company an “overweight” rating in a report on Thursday, August 21st. JPMorgan Chase & Co. upped their price objective on TJX Companies from $145.00 to $148.00 and gave the company an “overweight” rating in a report on Thursday, August 21st. Robert W. Baird upped their price objective on TJX Companies from $143.00 to $152.00 and gave the company an “outperform” rating in a report on Thursday, August 21st. Cowen restated a “buy” rating on shares of TJX Companies in a report on Tuesday, May 20th. Finally, Daiwa Capital Markets began coverage on TJX Companies in a report on Tuesday, July 8th. They issued an “outperform” rating and a $133.00 price objective for the company. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $147.58.

TJX Companies Stock Up 0.7%

Shares of TJX Companies stock opened at $140.83 on Friday. The stock’s fifty day moving average is $131.12 and its 200-day moving average is $126.87. The firm has a market capitalization of $156.74 billion, a PE ratio of 32.08, a price-to-earnings-growth ratio of 3.15 and a beta of 0.90. The company has a quick ratio of 0.52, a current ratio of 1.17 and a debt-to-equity ratio of 0.32. The TJX Companies, Inc. has a 12-month low of $111.22 and a 12-month high of $145.58.

TJX Companies (NYSE:TJX) last announced its earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.01 by $0.09. The company had revenue of $14.40 billion for the quarter, compared to analyst estimates of $14.12 billion. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.TJX Companies’s revenue for the quarter was up 6.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.96 earnings per share. TJX Companies has set its FY 2026 guidance at 4.520-4.570 EPS. Q3 2026 guidance at 1.170-1.190 EPS. Equities analysts anticipate that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Profile

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.