8,081 The TJX Companies, Inc. $TJX Shares Purchased by Sigma Investment Counselors Inc.

Sigma Investment Counselors Inc. raised its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 12.2% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 74,386 shares of the apparel and home fashions retailer’s stock after acquiring an additional 8,081 shares during the quarter. Sigma Investment Counselors Inc.’s holdings in TJX Companies were worth $9,842,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in TJX. Cetera Trust Company N.A bought a new stake in shares of TJX Companies during the 2nd quarter worth about $27,000. William Mack & Associates Inc. acquired a new position in shares of TJX Companies during the 3rd quarter valued at about $29,000. Evergreen Advisors LLC acquired a new position in shares of TJX Companies during the 1st quarter valued at about $36,000. Cedar Mountain Advisors LLC increased its holdings in shares of TJX Companies by 47.7% during the 1st quarter. Cedar Mountain Advisors LLC now owns 226 shares of the apparel and home fashions retailer’s stock valued at $36,000 after acquiring an additional 73 shares during the last quarter. Finally, Kelly Lawrence W & Associates Inc. CA bought a new position in shares of TJX Companies in the 2nd quarter valued at approximately $35,000. Institutional investors and hedge funds own 91.09% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on TJX shares. Wall Street Zen lowered TJX Companies from a “buy” rating to a “hold” rating in a report on Saturday, August 22nd. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $175.00 target price on shares of TJX Companies in a research report on Tuesday, August 25th. Barclays set a $188.00 price target on TJX Companies and gave the company an “overweight” rating in a report on Thursday, August 20th. Gordon Haskett reissued an “accumulate” rating and issued a $155.00 price target on shares of TJX Companies in a research report on Thursday, August 20th. Finally, Bank of America reduced their price objective on shares of TJX Companies from $175.00 to $170.00 and set a “buy” rating for the company in a research note on Tuesday. Twenty-one investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $174.95.

TJX Companies Stock Performance

Shares of TJX opened at $140.27 on Wednesday. The company has a 50-day simple moving average of $136.04 and a 200-day simple moving average of $151.46. The firm has a market capitalization of $154.29 billion, a P/E ratio of 25.93 and a beta of 0.56. The TJX Companies, Inc. has a 52 week low of $122.78 and a 52 week high of $170.00.

TJX Companies (NYSE:TJX) last released its quarterly earnings data on Wednesday, August 19th. The apparel and home fashions retailer reported $1.22 EPS for the quarter, topping analysts’ consensus estimates of $1.19 by $0.03. The business had revenue of $15.18 billion for the quarter, compared to the consensus estimate of $15.16 billion. TJX Companies’s revenue was up 5.4% on a year-over-year basis. During the same period in the previous year, the business posted $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, equities analysts forecast that The TJX Companies, Inc. will post 5.22 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, December 3rd. Investors of record on Thursday, November 12th will be issued a $0.48 dividend. The ex-dividend date of this dividend is Thursday, November 12th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 1.4%. TJX Companies’s dividend payout ratio (DPR) is currently 35.49%.

TJX Companies News Summary

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

• Positive Sentiment: Gordon Haskett raised its price target for TJX to $175, signaling confidence in the retailer’s operating outlook and potential upside. Gordon Haskett raises target for TJX Companies stock
• Positive Sentiment: TJX is benefiting from continued consumer demand for discounted merchandise. Its Marshalls banner is expanding its store footprint ahead of the holiday season, potentially supporting traffic and sales growth. TJX expands Marshalls footprint
• Neutral Sentiment: UBS’s bullish upgrade of rival Ross Stores highlights strong demand across the off-price retail category. The analysis also identifies TJX as the productivity benchmark, reinforcing its competitive position while increasing attention on whether rivals can narrow the gap. Off-price retail sector analysis
• Negative Sentiment: Bank of America lowered its TJX price target to $170 from $175, although it maintained a Buy rating. The reduction may have weighed on sentiment by suggesting somewhat less near-term upside, despite the target still implying meaningful appreciation from recent levels. BofA adjusts TJX price target
• Negative Sentiment: TJX stock fell during the latest session while the broader market moved higher, indicating company-specific profit-taking or concern that expectations and valuation remain elevated. TJX stock falls amid market uptick

TJX Companies Profile

The TJX Companies, Inc (NYSE: TJX) is an off-price retailer specializing in apparel, footwear, accessories, and home merchandise. Its stores offer branded and designer products at prices generally below those of full-price retailers, using a flexible purchasing model that allows the company to acquire merchandise from manufacturers, retailers, and other suppliers.

The company operates a portfolio of retail banners, including T.J. Maxx, Marshalls, HomeGoods, Sierra, and Homesense in the United States; Winners, HomeSense, and Marshalls in Canada; and TK Maxx and Homesense in Europe and Australia.