TJX Companies Surges to 84th in Daily Rankings with $14.33 Billion Turnover

On April 3, 2025, The TJX Companies, Inc. (TJX) saw a significant surge in trading volume, with a turnover of $14.33 billion, marking a 130.23% increase from the previous day. This substantial rise in trading volume placed TJX at the 84th position in the daily stock market rankings. The stock has been on a steady upward trajectory, rising 0.40% and maintaining a 4-day winning streak, with a cumulative increase of 6.11% over the past four days.

Citigroup has upgraded its outlook for TJX Companies from Neutral to Buy, reflecting a positive sentiment towards the company's prospects. This upgrade comes as analysts anticipate that TJX is well-positioned to capitalize on market disruptions, particularly in the context of potential tariff impacts. The firm's price target for TJX has been raised to $140.00, indicating a bullish outlook for the stock.

Institutional investors have shown increased interest in TJX, with the number of funds or institutions reporting positions in the company rising by 161, or 4.74%, in the last quarter. The average portfolio weight dedicated to TJX has also increased by 253.75%, and the total shares owned by institutions have grown by 1.62% over the past three months. The put/call ratio of 0.66 further supports a bullish outlook for the stock.

Major shareholders have made adjustments to their positions in TJX. Vanguard Total Stock Market Index Fund Investor Shares has slightly reduced its holdings, while Wellington Management Group Llp and Vanguard 500 Index Fund Investor Shares have increased their stakes. Geode Capital Management and Jpmorgan Chase have also made adjustments to their positions, reflecting a mixed sentiment among large investors.