E Fund Management Co. Ltd. bought a new position in The TJX Companies, Inc. (NYSE:TJX – Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 4,173 shares of the apparel and home fashions retailer’s stock, valued at approximately $632,000.
Other large investors have also bought and sold shares of the company. Coston McIsaac & Partners raised its position in TJX Companies by 11.3% in the 1st quarter. Coston McIsaac & Partners now owns 628 shares of the apparel and home fashions retailer’s stock valued at $100,000 after purchasing an additional 64 shares during the last quarter. Kohmann Bosshard Financial Services LLC grew its holdings in shares of TJX Companies by 11.0% during the first quarter. Kohmann Bosshard Financial Services LLC now owns 666 shares of the apparel and home fashions retailer’s stock worth $106,000 after purchasing an additional 66 shares during the last quarter. HBW Advisory Services LLC grew its holdings in shares of TJX Companies by 5.1% during the second quarter. HBW Advisory Services LLC now owns 1,357 shares of the apparel and home fashions retailer’s stock worth $206,000 after purchasing an additional 66 shares during the last quarter. Hohimer Wealth Management LLC increased its stake in shares of TJX Companies by 1.2% in the fourth quarter. Hohimer Wealth Management LLC now owns 5,595 shares of the apparel and home fashions retailer’s stock valued at $859,000 after buying an additional 66 shares in the last quarter. Finally, Verde Capital Management increased its stake in shares of TJX Companies by 0.7% in the fourth quarter. Verde Capital Management now owns 10,022 shares of the apparel and home fashions retailer’s stock valued at $1,539,000 after buying an additional 67 shares in the last quarter. 91.09% of the stock is currently owned by institutional investors.
Insider Buying and Selling at TJX Companies
In other news, Director Jackwyn Nemerov sold 957 shares of TJX Companies stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $168.59, for a total transaction of $161,340.63. Following the completion of the sale, the director owned 802 shares in the company, valued at $135,209.18. The trade was a 54.41% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Ernie Herrman sold 29,549 shares of the business’s stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $157.46, for a total transaction of $4,652,785.54. Following the sale, the chief executive officer directly owned 552,850 shares of the company’s stock, valued at approximately $87,051,761. This trade represents a 5.07% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 130,367 shares of company stock worth $20,959,476 over the last quarter. Company insiders own 0.15% of the company’s stock.
TJX Companies Trading Down 2.6%
TJX Companies (NYSE:TJX – Get Free Report) last posted its quarterly earnings results on Wednesday, August 19th. The apparel and home fashions retailer reported $1.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.19 by $0.03. The business had revenue of $15.18 billion for the quarter, compared to analysts’ expectations of $15.16 billion. TJX Companies had a return on equity of 56.56% and a net margin of 9.73%.The firm’s quarterly revenue was up 5.4% compared to the same quarter last year. During the same quarter last year, the business earned $1.10 earnings per share. TJX Companies has set its FY 2027 guidance at 5.150-5.200 EPS and its Q3 2027 guidance at 1.360-1.380 EPS. As a group, research analysts predict that The TJX Companies, Inc. will post 5.18 earnings per share for the current year.
TJX Companies Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Thursday, August 13th will be paid a $0.48 dividend. This represents a $1.92 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend is Thursday, August 13th. TJX Companies’s dividend payout ratio (DPR) is 37.28%.
Wall Street Analysts Forecast Growth
Several brokerages recently issued reports on TJX. Truist Financial set a $190.00 price target on shares of TJX Companies and gave the stock a “buy” rating in a research report on Thursday, May 21st. Telsey Advisory Group raised their price objective on shares of TJX Companies from $175.00 to $185.00 and gave the company an “outperform” rating in a research report on Thursday, May 21st. Weiss Ratings downgraded shares of TJX Companies from a “buy (b+)” rating to a “buy (b)” rating in a research note on Tuesday, July 21st. Evercore reiterated an “outperform” rating and set a $173.00 target price on shares of TJX Companies in a research report on Thursday. Finally, Robert W. Baird increased their price target on shares of TJX Companies from $172.00 to $175.00 and gave the company an “outperform” rating in a research note on Thursday, May 21st. Two research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $173.89.
Check Out Our Latest Analysis on TJX
Trending Headlines about TJX Companies
Here are the key news stories impacting TJX Companies this week:
- Positive Sentiment: TJX reported second-quarter adjusted EPS of $1.22, above the roughly $1.19 analyst consensus, while sales rose 5.4% year over year to $15.18 billion. Consolidated comparable sales increased 4%, margins improved and management raised its fiscal 2027 adjusted EPS outlook to $5.15-$5.20. TJX Q2 FY27 Results
- Positive Sentiment: Management raised its long-term store target to approximately 7,500 locations and highlighted stronger comparable-sales trends at HomeGoods, Canada and International operations. Several analysts, including BTIG and Gordon Haskett, maintained bullish or positive ratings, arguing that the selloff could create an attractive entry point. Analyst view on TJX
- Neutral Sentiment: Analysts are divided on the outlook. UBS views the Marmaxx weakness as largely isolated and sees a favorable setup if execution improves, while Wells Fargo lowered its price target to $140 and Citi downgraded TJX to Neutral because the stock’s valuation leaves less room for operational disappointment. Citi downgrade
- Negative Sentiment: Marmaxx, which includes TJ Maxx and Marshalls and represents TJX’s largest division, posted only 1% comparable-sales growth, well below the 6%-7% gains elsewhere. Management attributed the shortfall to merchandise-mix and execution mistakes, but analysts also cited tougher competition and consumers’ resistance to further price increases. TJX merchandising missteps
- Negative Sentiment: Investors questioned the quality of the earnings beat because second-quarter results included an estimated $0.14-per-share benefit from tariff refunds. The market also reacted negatively to cautious near-term guidance and concerns that weakening consumer spending could pressure future growth. Rising bond yields, oil prices and renewed inflation fears added to the selling pressure across retailers. TJX earnings reaction
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.
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