OVERSEA CHINESE BANKING Corp Ltd purchased a new position in shares of The TJX Companies, Inc. (NYSE:TJX – Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 27,048 shares of the apparel and home fashions retailer’s stock, valued at approximately $4,098,000.
Other large investors have also recently added to or reduced their stakes in the company. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna lifted its position in shares of TJX Companies by 120.3% in the 4th quarter. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna now owns 163 shares of the apparel and home fashions retailer’s stock worth $25,000 after buying an additional 89 shares during the last quarter. Entrust Financial LLC acquired a new position in shares of TJX Companies during the fourth quarter worth approximately $26,000. Wilkerson Advisory Group LLC acquired a new position in TJX Companies during the 4th quarter worth $26,000. Joseph Group Capital Management bought a new position in TJX Companies in the 4th quarter valued at about $27,000. Finally, IMG Wealth Management Inc. boosted its holdings in shares of TJX Companies by 65.7% in the fourth quarter. IMG Wealth Management Inc. now owns 174 shares of the apparel and home fashions retailer’s stock valued at $27,000 after acquiring an additional 69 shares in the last quarter. 91.09% of the stock is currently owned by institutional investors.
Insider Activity at TJX Companies
In other TJX Companies news, CFO John Klinger sold 6,235 shares of the firm’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $160.77, for a total value of $1,002,400.95. Following the completion of the sale, the chief financial officer owned 64,257 shares in the company, valued at approximately $10,330,597.89. This trade represents a 8.84% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Jackwyn Nemerov sold 957 shares of the firm’s 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 directly owned 802 shares of the company’s stock, valued at approximately $135,209.18. This represents a 54.41% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 130,367 shares of company stock worth $20,959,476 in the last 90 days. Corporate insiders own 0.15% of the company’s stock.
Trending Headlines about TJX Companies
- 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 Stock Down 2.6%
Shares of TJX stock opened at $140.76 on Friday. The stock has a fifty day moving average price of $156.18 and a 200 day moving average price of $156.75. The stock has a market cap of $155.50 billion, a P/E ratio of 26.02, a price-to-earnings-growth ratio of 3.12 and a beta of 0.62. The TJX Companies, Inc. has a one year low of $134.74 and a one year high of $170.00. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.15 and a quick ratio of 0.54.
TJX Companies (NYSE:TJX – Get Free Report) last issued its earnings results on Wednesday, August 19th. The apparel and home fashions retailer reported $1.22 earnings per share 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 analyst estimates of $15.16 billion. TJX Companies had a net margin of 9.73% and a return on equity of 56.56%. The firm’s revenue was up 5.4% on a year-over-year basis. During the same period in the previous year, the business earned $1.10 EPS. 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. Analysts predict that The TJX Companies, Inc. will post 5.18 earnings per share for the current year.
TJX Companies Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Thursday, August 13th will be paid a $0.48 dividend. The ex-dividend date of this dividend is Thursday, August 13th. This represents a $1.92 dividend on an annualized basis and a yield of 1.4%. TJX Companies’s payout ratio is currently 37.28%.
Analysts Set New Price Targets
Several research analysts have issued reports on the company. UBS Group reaffirmed a “buy” rating and issued a $198.00 price target (up from $197.00) on shares of TJX Companies in a report on Thursday. Morgan Stanley set a $178.00 target price on shares of TJX Companies and gave the company an “overweight” rating in a research note on Thursday. Evercore reissued an “outperform” rating and issued a $173.00 price target on shares of TJX Companies in a research note on Thursday. Wells Fargo & Company decreased their price objective on shares of TJX Companies from $160.00 to $140.00 and set an “equal weight” rating for the company in a report on Thursday. Finally, Weiss Ratings downgraded TJX Companies from a “buy (b+)” rating to a “buy (b)” rating in a report on Tuesday, July 21st. Two research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $173.89.
Get Our Latest Research Report on TJX Companies
About TJX Companies
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.
Read More
- Five stocks we like better than TJX Companies
- 3 Energy Stocks Raising Dividends as the Sector Surges
- 5 Reasons the S&P 500 Could Keep Rallying Through Year-End
- Walmart’s Post-Earnings Drop Could Be a Buying Opportunity
- The Trade Desk’s Earnings Miss Raises a Bigger Question About Its AI Future
Receive News & Ratings for TJX Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TJX Companies and related companies with MarketBeat.com's FREE daily email newsletter.
