Andra AP fonden Has $39.52 Million Stock Holdings in The TJX Companies, Inc. $TJX

Andra AP fonden decreased its holdings in The TJX Companies, Inc. (NYSE:TJX) by 10.0% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 320,000 shares of the apparel and home fashions retailer’s stock after selling 35,400 shares during the period. Andra AP fonden’s holdings in TJX Companies were worth $39,517,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. TCTC Holdings LLC grew its position in TJX Companies by 210.1% in the first quarter. TCTC Holdings LLC now owns 214 shares of the apparel and home fashions retailer’s stock valued at $26,000 after acquiring an additional 145 shares during the last quarter. Princeton Global Asset Management LLC acquired a new stake in shares of TJX Companies in the 2nd quarter valued at approximately $28,000. Iron Horse Wealth Management LLC grew its holdings in shares of TJX Companies by 99.3% during the 1st quarter. Iron Horse Wealth Management LLC now owns 299 shares of the apparel and home fashions retailer’s stock valued at $36,000 after purchasing an additional 149 shares during the last quarter. Activest Wealth Management grew its holdings in shares of TJX Companies by 4,485.7% during the 1st quarter. Activest Wealth Management now owns 321 shares of the apparel and home fashions retailer’s stock valued at $39,000 after purchasing an additional 314 shares during the last quarter. Finally, Maseco LLP acquired a new position in TJX Companies during the 2nd quarter worth approximately $43,000. 91.09% of the stock is currently owned by institutional investors.

TJX Companies Stock Performance

NYSE TJX opened at $143.68 on Thursday. The company has a market capitalization of $159.91 billion, a price-to-earnings ratio of 32.73, a PEG ratio of 3.14 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 twelve month low of $112.10 and a twelve month high of $146.46. The stock has a fifty day simple moving average of $141.28 and a 200 day simple moving average of $132.52.

TJX Companies (NYSE:TJX) last issued its quarterly earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share for the quarter, beating the consensus estimate 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 prior year, the firm posted $0.96 earnings per share. The business’s quarterly revenue was up 6.9% on a year-over-year basis. TJX Companies has set its FY 2026 guidance at 4.520-4.570 EPS. Q3 2026 guidance at 1.170-1.190 EPS. Sell-side analysts expect that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 4th. Shareholders 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 annualized dividend and a yield of 1.2%. TJX Companies’s dividend payout ratio (DPR) is presently 38.72%.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on TJX. Erste Group Bank started coverage on shares of TJX Companies in a research report on Friday, September 5th. They issued a “buy” rating on the stock. Bank of America raised their price objective on TJX Companies from $145.00 to $150.00 and gave the company a “buy” rating in a report on Thursday, August 21st. Barclays boosted their price objective on TJX Companies from $147.00 to $155.00 and gave the stock an “overweight” rating in a research report on Thursday, August 21st. Telsey Advisory Group reiterated an “outperform” rating and issued a $155.00 target price (up from $150.00) on shares of TJX Companies in a research report on Wednesday, August 20th. Finally, Macquarie reissued a “buy” rating on shares of TJX Companies in a research note on Monday, August 11th. One 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 stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $149.00.

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.