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2 clusters · 3 sources · 21 days · First seen · Last updated

TJX Companies institutional investment and stock performance

Overview

Institutional investment activity has fluctuated for The TJX Companies, Inc. throughout recent quarters. SEC filings initially indicated mixed movement, with Bar Harbor Wealth Management reducing its position by 24.4%, while other entities like Swiss Life Asset Management Ltd and BNP Paribas increased their holdings.

Following the company’s fiscal 2027 second-quarter earnings report, TJX stock saw a nearly 15% decline in August. Although the retailer reported a 5% year-over-year increase in net sales to nearly $15.2 billion and a 22% rise in GAAP net income to $1.52 billion, the decline was driven by analyst downgrades and growth concerns. Despite this volatility, the company raised its full-year adjusted net income guidance and announced plans to expand its store count by 4% in fiscal 2028. Institutional ownership remains high at approximately 91.09%, with Raiffeisen Bank International AG increasing its position by 5.3% in the second quarter.

Entities

The TJX Companies, Inc. · BlackRock Inc. · iA Global Asset Management Inc. · Norges Bank · Raiffeisen Bank International AG

Timeline

  1. 8 days ago

    [BUSINESS] 3 sources
    TJX Companies stock declines amid earnings report and analyst downgrades

    TJX Companies saw its stock drop nearly 15% in August despite strong earnings and raised guidance, even as major institutional investors like BlackRock and Raiffeisen Bank maintain or increase positions.

  2. 29 days ago

    [BUSINESS] 2 sources
    Institutional investors adjust holdings in Toll Brothers and TJX Companies

    SEC filings show iA Global Asset Management Inc. took a new stake in Toll Brothers Inc., while Bar Harbor Wealth Management reduced its position in The TJX Companies, Inc.

Sources

otravel.com · stocknews.com · tradingview.com