Alberta Investment Management Corp bought a new stake in shares of The TJX Companies, Inc. (NYSE: TJX) in the second quarter, according to the company's most recent Form 13F filing with the SEC. The institutional investor bought 6,900 shares of the apparel and home fashions retailer's stock, valued at approximately $852,000.
Several other hedge funds and institutional investors have also recently modified their holdings of TJX. FCG Investment Co purchased a new stake during the first quarter worth $2,620,000. MinichMacGregor Wealth Management LLC purchased a new stake in the second quarter worth about $5,045,000. Infusive Asset Management Inc. grew its stake by 30.1% in the first quarter and now owns 27,730 shares valued at $3,378,000 after buying an additional 6,415 shares. First American Bank raised its holdings by 4.5% in the second quarter to 138,840 shares valued at $17,145,000. Wedbush Securities Inc. increased its holdings by 52.3% in the second quarter to 27,193 shares valued at $3,358,000. In total, 91.09% of the stock is owned by hedge funds and institutional investors.
TJX opened at $145.20 on Tuesday. 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 52-week low of $112.10 and a 52-week high of $148.11. The company has a market cap of $161.60 billion, a PE ratio of 33.08, a PEG ratio of 3.14 and a beta of 0.90.
TJX Companies last issued its quarterly earnings results on Wednesday, August 20th. The retailer reported $1.10 earnings per share, beating analysts' estimates of $1.01 by $0.09. Revenue was $14.40 billion, compared to the estimate of $14.12 billion. Return on equity was 58.63% and net margin was 8.59%. Quarterly revenue was up 6.9% year over year. During the same period last year, the company earned $0.96 EPS. TJX Companies has set its FY 2026 guidance at 4.520–4.570 EPS and Q3 2026 guidance at 1.170–1.190 EPS. Analysts predict the company will post 4.18 EPS for the current year.
The firm also declared a quarterly dividend of $0.425 per share, payable on Thursday, December 4th to stockholders of record on Thursday, November 13th. This represents a $1.70 annualized dividend and a dividend yield of 1.2%. The dividend payout ratio is 38.72%.
Several analysts have issued reports on TJX shares. UBS Group reaffirmed a “buy” rating with a $172.00 price objective. Wells Fargo & Company set a $140.00 price target and an “equal weight” rating. Citigroup lifted its price target from $140.00 to $160.00 and gave the stock a “buy” rating. Weiss Ratings issued a “buy (b+)” rating. BTIG Research began coverage with a “buy” rating and a $165.00 target price. One analyst has given a Strong Buy rating, twenty-three have given a Buy rating and one has assigned a Hold rating. The stock has an average rating of “Buy” and an average price target of $151.75.
