Wealth Enhancement Advisory Services LLC Purchases 198,368 Shares of The TJX Companies, Inc. $TJX

Wealth Enhancement Advisory Services LLC lifted its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 20.0% during the 2nd quarter, Holdings Channel reports. The firm owned 1,188,743 shares of the apparel and home fashions retailer’s stock after purchasing an additional 198,368 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in TJX Companies were worth $171,838,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently modified their holdings of the company. Vanguard Group Inc. grew its holdings in TJX Companies by 0.8% during the fourth quarter. Vanguard Group Inc. now owns 102,733,668 shares of the apparel and home fashions retailer’s stock worth $15,780,919,000 after purchasing an additional 771,882 shares during the period. Geode Capital Management LLC increased its position in TJX Companies by 2.6% during the fourth quarter. Geode Capital Management LLC now owns 27,011,104 shares of the apparel and home fashions retailer’s stock worth $4,134,174,000 after buying an additional 673,690 shares during the last quarter. Bank of America Corp DE raised its stake in TJX Companies by 2.0% in the fourth quarter. Bank of America Corp DE now owns 25,620,925 shares of the apparel and home fashions retailer’s stock valued at $3,935,630,000 after buying an additional 495,989 shares during the period. Capital International Investors raised its stake in TJX Companies by 2.0% in the fourth quarter. Capital International Investors now owns 15,986,573 shares of the apparel and home fashions retailer’s stock valued at $2,455,911,000 after buying an additional 308,408 shares during the period. Finally, Norges Bank acquired a new stake in shares of TJX Companies in the fourth quarter valued at approximately $2,211,975,000. 91.09% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, Chairman Carol Meyrowitz sold 55,624 shares of the stock in a transaction that occurred on Tuesday, June 9th. The stock was sold at an average price of $163.65, for a total transaction of $9,102,867.60. Following the sale, the chairman owned 201,496 shares of the company’s stock, valued at $32,974,820.40. This represents a 21.63% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Ernie Herrman sold 10,002 shares of the firm’s stock in a transaction on Friday, June 5th. The stock was sold at an average price of $160.68, for a total value of $1,607,121.36. Following the transaction, the chief executive officer owned 514,848 shares in the company, valued at approximately $82,725,776.64. This trade represents a 1.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 130,367 shares of company stock valued at $20,959,476. 0.15% of the stock is currently owned by corporate insiders.

TJX Companies News Roundup

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

• Positive Sentiment: Analysts expect TJX to potentially exceed quarterly expectations, with value-oriented demand, stronger traffic and margin gains providing support. The company’s prior quarter also produced an earnings and revenue beat, raising optimism ahead of the release. Is TJX Companies Positioned for a Beat in Q2 Earnings Release?
• Positive Sentiment: T.J. Maxx, TJX’s largest banner, plans to open five stores and relocate two others by the end of August. The expansion reinforces the company’s ability to grow its store base and capture demand for discounted apparel and home goods. T.J. Maxx opening 5 new stores in these 5 states in August
• Positive Sentiment: Broader retail commentary indicates consumers remain resilient but are prioritizing value and convenience—conditions that favor TJX’s off-price model. Retail ETFs: Following the Selective Consumer
• Neutral Sentiment: Positive outlooks for Ross Stores and an analyst upgrade of Five Below suggest healthy interest in discount retail, but they are peer developments rather than direct changes to TJX’s fundamentals. Ross Stores Earnings Expected to Grow
• Negative Sentiment: The upcoming earnings report remains a near-term risk: any miss against elevated expectations or cautious guidance could pressure the stock, which trades at a relatively high earnings multiple. TJX also recently lagged the broader market in an earlier session. TJX Dips More Than Broader Market

TJX Companies Trading Up 0.7%

TJX stock opened at $153.63 on Friday. The TJX Companies, Inc. has a 52 week low of $132.01 and a 52 week high of $170.00. The company has a market capitalization of $169.71 billion, a PE ratio of 29.83, a price-to-earnings-growth ratio of 3.29 and a beta of 0.62. The company’s 50-day simple moving average is $157.80 and its 200 day simple moving average is $156.77. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.54 and a current ratio of 1.14.

TJX Companies (NYSE:TJX) last issued its quarterly earnings data on Wednesday, May 20th. The apparel and home fashions retailer reported $1.19 earnings per share for the quarter, topping the consensus estimate of $1.02 by $0.17. The business had revenue of $14.32 billion during the quarter, compared to analysts’ expectations of $14.02 billion. TJX Companies had a net margin of 9.40% and a return on equity of 57.92%. The business’s revenue was up 9.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.92 EPS. 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. As a group, sell-side analysts anticipate that The TJX Companies, Inc. will post 5.19 earnings per share for the current year.

TJX Companies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Investors 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 1.2%. The ex-dividend date is Thursday, August 13th. TJX Companies’s payout ratio is 37.28%.

Wall Street Analyst Weigh In

Several research analysts have recently commented on TJX shares. Telsey Advisory Group lifted their target price on TJX Companies from $175.00 to $185.00 and gave the stock an “outperform” rating in a research note on Thursday, May 21st. Truist Financial set a $190.00 price target on TJX Companies and gave the company a “buy” rating in a research note on Thursday, May 21st. Weiss Ratings downgraded TJX Companies from a “buy (b+)” rating to a “buy (b)” rating in a report on Tuesday, July 21st. Wall Street Zen raised shares of TJX Companies from a “hold” rating to a “buy” rating in a research report on Saturday, July 18th. Finally, Morgan Stanley reiterated an “overweight” rating on shares of TJX Companies in a report on Thursday, August 6th. Two analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, TJX Companies currently has a consensus rating of “Buy” and an average price target of $177.94.

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.