VIRGINIA RETIREMENT SYSTEMS ET Al Buys New Holdings in The TJX Companies, Inc. $TJX

VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in The TJX Companies, Inc. (NYSE:TJX) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 188,600 shares of the apparel and home fashions retailer’s stock, valued at approximately $23,290,000.

A number of other large investors have also added to or reduced their stakes in the company. Vanguard Group Inc. increased its stake in TJX Companies by 1.1% in the 1st quarter. Vanguard Group Inc. now owns 100,413,764 shares of the apparel and home fashions retailer’s stock worth $12,230,396,000 after acquiring an additional 1,099,129 shares during the last quarter. Ameriprise Financial Inc. increased its stake in TJX Companies by 0.3% in the 1st quarter. Ameriprise Financial Inc. now owns 13,068,312 shares of the apparel and home fashions retailer’s stock worth $1,591,758,000 after acquiring an additional 35,800 shares during the last quarter. Amundi increased its stake in TJX Companies by 10.2% in the 1st quarter. Amundi now owns 11,888,455 shares of the apparel and home fashions retailer’s stock worth $1,489,305,000 after acquiring an additional 1,104,292 shares during the last quarter. Nuveen LLC bought a new stake in TJX Companies in the 1st quarter worth approximately $1,330,717,000. Finally, Invesco Ltd. increased its stake in TJX Companies by 2.8% in the 1st quarter. Invesco Ltd. now owns 9,000,600 shares of the apparel and home fashions retailer’s stock worth $1,096,273,000 after acquiring an additional 247,579 shares during the last quarter. Institutional investors own 91.09% of the company’s stock.

TJX Companies Price Performance

TJX opened at $143.95 on Monday. The business has a fifty day moving average of $139.33 and a 200 day moving average of $130.96. The TJX Companies, Inc. has a 52-week low of $111.73 and a 52-week high of $146.46. 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 stock has a market cap of $160.21 billion, a P/E ratio of 32.79, a PEG ratio of 3.19 and a beta of 0.92.

TJX Companies (NYSE:TJX) last posted its quarterly earnings data on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $14.12 billion. During the same quarter in the previous year, the business earned $0.96 EPS. 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. As a group, sell-side analysts anticipate that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 4th. Investors of record on Thursday, November 13th will be issued a dividend of $0.425 per share. The ex-dividend date is Thursday, November 13th. This represents a $1.70 dividend on an annualized basis and a yield of 1.2%. TJX Companies’s payout ratio is presently 38.72%.

Analyst Upgrades and Downgrades

TJX has been the topic of a number of research reports. Weiss Ratings reaffirmed a “buy (b+)” rating on shares of TJX Companies in a research note on Wednesday, October 8th. Telsey Advisory Group reiterated an “outperform” rating and issued a $155.00 target price (up previously from $150.00) on shares of TJX Companies in a report on Wednesday, August 20th. Bank of America lifted their target price on TJX Companies from $145.00 to $150.00 and gave the stock a “buy” rating in a report on Thursday, August 21st. UBS Group lifted their target price on TJX Companies from $164.00 to $172.00 and gave the stock a “buy” rating in a report on Thursday, August 21st. Finally, Barclays lifted their target price on TJX Companies from $147.00 to $155.00 and gave the stock an “overweight” rating in a report on Thursday, August 21st. One 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 MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $148.50.

TJX Companies Company 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.