ProShare Advisors LLC Grows Stake in The TJX Companies, Inc. $TJX

ProShare Advisors LLC raised its holdings in The TJX Companies, Inc. (NYSE:TJX) by 8.5% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 202,088 shares of the apparel and home fashions retailer’s stock after buying an additional 15,819 shares during the quarter. ProShare Advisors LLC’s holdings in TJX Companies were worth $31,043,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in TJX. Trust Point Inc. boosted its holdings in TJX Companies by 1.3% in the fourth quarter. Trust Point Inc. now owns 5,227 shares of the apparel and home fashions retailer’s stock valued at $803,000 after acquiring an additional 66 shares in the last quarter. Jaffetilchin Investment Partners LLC raised its holdings in TJX Companies by 1.6% in the 4th quarter. Jaffetilchin Investment Partners LLC now owns 4,236 shares of the apparel and home fashions retailer’s stock worth $651,000 after purchasing an additional 66 shares in the last quarter. Tempus Wealth Planning LLC boosted its stake in shares of TJX Companies by 0.5% during the 4th quarter. Tempus Wealth Planning LLC now owns 12,277 shares of the apparel and home fashions retailer’s stock valued at $1,886,000 after purchasing an additional 67 shares in the last quarter. Verde Capital Management increased its position in shares of TJX Companies by 0.7% during 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 during the period. Finally, Sound Income Strategies LLC increased its position in shares of TJX Companies by 3.0% during the fourth quarter. Sound Income Strategies LLC now owns 2,355 shares of the apparel and home fashions retailer’s stock valued at $371,000 after buying an additional 69 shares during the period. 91.09% of the stock is owned by hedge funds and other institutional investors.

TJX Companies Stock Up 5.6%

TJX stock opened at $159.13 on Thursday. The business has a 50 day moving average of $156.71 and a 200 day moving average of $154.44. The firm has a market cap of $175.97 billion, a PE ratio of 32.61, a price-to-earnings-growth ratio of 3.45 and a beta of 0.64. The TJX Companies, Inc. has a twelve month low of $119.84 and a twelve month high of $165.82. The company has a quick ratio of 0.59, a current ratio of 1.14 and a debt-to-equity ratio of 0.18.

TJX Companies (NYSE:TJX) last released its earnings results on Wednesday, May 20th. The apparel and home fashions retailer reported $1.19 EPS for the quarter, topping the consensus estimate of $1.02 by $0.17. TJX Companies had a return on equity of 57.70% and a net margin of 9.10%.The business had revenue of $14.32 billion for the quarter, compared to the consensus estimate of $14.02 billion. During the same period in the previous year, the company posted $0.92 earnings per share. The company’s revenue for the quarter was up 9.2% compared to the same quarter last year. TJX Companies has set its FY 2027 guidance at 5.080-5.150 EPS and its Q2 2027 guidance at 1.150-1.170 EPS. On average, research analysts forecast that The TJX Companies, Inc. will post 5.07 EPS for the current fiscal year.

TJX Companies Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 4th. Shareholders of record on Thursday, May 14th will be paid a dividend of $0.48 per share. The ex-dividend date is Thursday, May 14th. This represents a $1.92 dividend on an annualized basis and a yield of 1.2%. This is an increase from TJX Companies’s previous quarterly dividend of $0.43. TJX Companies’s dividend payout ratio (DPR) is 39.34%.

Analysts Set New Price Targets

Several brokerages have commented on TJX. JPMorgan Chase & Co. raised their price objective on shares of TJX Companies from $173.00 to $174.00 and gave the stock an “overweight” rating in a report on Monday. Wall Street Zen raised TJX Companies from a “hold” rating to a “buy” rating in a research report on Saturday, March 28th. Weiss Ratings lowered TJX Companies from a “buy (a-)” rating to a “buy (b+)” rating in a research report on Friday, May 8th. Argus raised TJX Companies to a “strong-buy” rating in a research report on Tuesday, March 3rd. Finally, UBS Group restated a “buy” rating on shares of TJX Companies in a report on Wednesday, March 4th. Three equities research analysts have rated the stock with a Strong Buy rating and twenty-one have given a Buy rating to the company. According to data from MarketBeat, TJX Companies presently has a consensus rating of “Buy” and an average price target of $169.25.

Key Headlines Impacting TJX Companies

Here are the key news stories impacting TJX Companies this week:

• Positive Sentiment: TJX beat Q1 estimates with earnings of $1.19 per share versus about $1.01 expected, while revenue came in at $14.32 billion, above forecasts. Article Title
• Positive Sentiment: Comparable sales rose 6% and pretax margin improved to 12.0%, showing that traffic and profitability remain strong across banners like T.J. Maxx, Marshalls, and HomeGoods. Article Title
• Positive Sentiment: The company raised full-year FY27 guidance, including EPS to $5.08-$5.15 and comp sales growth to 3%-4%, signaling confidence that momentum will continue. Article Title
• Positive Sentiment: TJX also increased its share buyback authorization to $2.75 billion-$3.0 billion, which is supportive for earnings per share and investor returns. Article Title
• Neutral Sentiment: Management’s Q2 EPS guidance of $1.15-$1.17 is roughly in line with consensus, so the market is mostly reacting to the stronger full-year outlook rather than a big near-term beat. Article Title
• Neutral Sentiment: Analyst commentary was mixed on upside from here, with some noting the stock already reflects much of the beat-and-raise optimism. Article Title

Insider Transactions at TJX Companies

In other news, CEO Ernie Herrman sold 30,000 shares of the company’s stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $160.95, for a total value of $4,828,500.00. Following the transaction, the chief executive officer owned 479,316 shares in the company, valued at approximately $77,145,910.20. This represents a 5.89% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 0.13% of the company’s stock.

TJX Companies 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.