Capital International Inc. CA Has $25.40 Million Position in The TJX Companies, Inc. $TJX

Capital International Inc. CA boosted its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 46.4% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 175,695 shares of the apparel and home fashions retailer’s stock after purchasing an additional 55,647 shares during the period. Capital International Inc. CA’s holdings in TJX Companies were worth $25,395,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Capital International Investors boosted its stake in shares of TJX Companies by 4.2% during the 3rd quarter. Capital International Investors now owns 15,678,165 shares of the apparel and home fashions retailer’s stock valued at $2,266,066,000 after buying an additional 630,574 shares during the period. Legal & General Group Plc increased its stake in shares of TJX Companies by 1.4% in the third quarter. Legal & General Group Plc now owns 5,770,270 shares of the apparel and home fashions retailer’s stock worth $834,035,000 after acquiring an additional 78,997 shares during the last quarter. Vestcor Inc increased its stake in shares of TJX Companies by 33.8% in the third quarter. Vestcor Inc now owns 33,110 shares of the apparel and home fashions retailer’s stock worth $4,786,000 after acquiring an additional 8,369 shares during the last quarter. Fieldview Capital Management LLC purchased a new stake in shares of TJX Companies during the third quarter worth $2,822,000. Finally, Schroder Investment Management Group raised its holdings in shares of TJX Companies by 3.0% during the third quarter. Schroder Investment Management Group now owns 3,587,495 shares of the apparel and home fashions retailer’s stock worth $518,537,000 after acquiring an additional 103,332 shares in the last quarter. Institutional investors and hedge funds own 91.09% of the company’s stock.

Insider Buying and Selling

In other news, CEO Ernie Herrman sold 30,000 shares of TJX Companies stock in a transaction that occurred on 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 owned 479,316 shares of the company’s stock, valued at $77,145,910.20. This trade represents a 5.89% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.13% of the stock is currently owned by company insiders.

TJX Companies Price Performance

Shares of NYSE:TJX opened at $159.51 on Wednesday. The TJX Companies, Inc. has a fifty-two week low of $112.10 and a fifty-two week high of $162.68. The business has a 50-day moving average of $155.42 and a two-hundred day moving average of $149.03. The stock has a market capitalization of $177.13 billion, a P/E ratio of 32.69, a P/E/G ratio of 3.64 and a beta of 0.73. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.14 and a quick ratio of 0.59.

TJX Companies (NYSE:TJX) last issued its quarterly earnings data on Wednesday, February 25th. The apparel and home fashions retailer reported $1.43 EPS for the quarter, beating analysts’ consensus estimates of $1.38 by $0.05. TJX Companies had a return on equity of 57.70% and a net margin of 9.10%.The business had revenue of $17.74 billion for the quarter, compared to analyst estimates of $17.36 billion. During the same quarter in the prior year, the firm posted $1.23 EPS. The firm’s revenue for the quarter was up 8.5% on a year-over-year basis. TJX Companies has set its FY 2027 guidance at 4.930-5.020 EPS and its Q1 2027 guidance at 0.970-0.990 EPS. On average, equities research analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have commented on TJX. Morgan Stanley restated an “overweight” rating and issued a $162.00 target price (up from $159.00) on shares of TJX Companies in a research note on Thursday, November 20th. Wall Street Zen downgraded TJX Companies from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th. Barclays lifted their price target on TJX Companies from $172.00 to $183.00 and gave the company an “overweight” rating in a report on Thursday, February 26th. Jefferies Financial Group restated a “buy” rating and issued a $170.00 price objective on shares of TJX Companies in a report on Tuesday, November 11th. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating and set a $170.00 price objective on shares of TJX Companies in a research report on Tuesday, January 6th. Three investment analysts have rated the stock with a Strong Buy rating and twenty-two have issued a Buy rating to the stock. According to MarketBeat, TJX Companies currently has an average rating of “Buy” and an average price target of $167.55.

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.