Xponance LLC Buys 11,777 Shares of The TJX Companies, Inc. $TJX

Xponance LLC increased its stake in The TJX Companies, Inc. (NYSE:TJX) by 5.3% during the fourth quarter, Holdings Channel.com reports. The firm owned 232,109 shares of the apparel and home fashions retailer’s stock after purchasing an additional 11,777 shares during the quarter. Xponance LLC’s holdings in TJX Companies were worth $35,654,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of TJX. Norges Bank bought a new stake in TJX Companies during the fourth quarter valued at about $2,211,975,000. Alliancebernstein L.P. raised its holdings in TJX Companies by 91.6% during the third quarter. Alliancebernstein L.P. now owns 6,712,226 shares of the apparel and home fashions retailer’s stock valued at $970,185,000 after acquiring an additional 3,208,458 shares during the period. Corient Private Wealth LLC raised its holdings in TJX Companies by 120.7% during the second quarter. Corient Private Wealth LLC now owns 5,016,792 shares of the apparel and home fashions retailer’s stock valued at $620,406,000 after acquiring an additional 2,743,676 shares during the period. Amundi raised its holdings in TJX Companies by 22.1% during the third quarter. Amundi now owns 9,725,542 shares of the apparel and home fashions retailer’s stock valued at $1,391,822,000 after acquiring an additional 1,761,281 shares during the period. Finally, Cerity Partners LLC raised its holdings in TJX Companies by 105.0% during the fourth quarter. Cerity Partners LLC now owns 3,013,077 shares of the apparel and home fashions retailer’s stock valued at $462,841,000 after acquiring an additional 1,543,480 shares during the period. 91.09% of the stock is owned by institutional investors.

Key Stories Impacting TJX Companies

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

• Positive Sentiment: Recent commentary highlighted TJX as a strong growth stock, supported by its ability to take share from department stores and benefit from inflation-driven demand for value retailers. Here’s Why TJX (TJX) is a Strong Growth Stock
• Positive Sentiment: Analysts raised earnings estimates for TJX, reflecting confidence that the company can continue posting solid profit growth over the next couple of years. Erste Group Bank raised FY2027 and FY2028 estimates
• Positive Sentiment: The company’s recent quarterly results topped expectations, with EPS and revenue both beating forecasts and management lifting guidance, reinforcing the bullish case for TJX. TJX recently traded near a 52-week high after strong earnings
• Positive Sentiment: TJX continues to return cash to shareholders through its quarterly dividend and ongoing buyback plans, which can support the stock over time. TJX dividend announcement
• Neutral Sentiment: Shareholders reaffirmed the board, auditor, and executive pay at the annual meeting, a routine governance update with limited immediate stock impact. TJX Shareholders Reaffirm Board, Auditor and Executive Pay
• Neutral Sentiment: Insider selling by Chairman Carol Meyrowitz and another executive may create headlines, but the sales were disclosed and do not necessarily signal a change in TJX’s business outlook. Insider Selling: TJX Companies Chairman Sells Shares

TJX Companies Price Performance

NYSE:TJX opened at $168.02 on Friday. The company has a current ratio of 1.14, a quick ratio of 0.54 and a debt-to-equity ratio of 0.18. The company has a market capitalization of $185.61 billion, a P/E ratio of 32.63, a P/E/G ratio of 3.63 and a beta of 0.62. The TJX Companies, Inc. has a 12 month low of $119.84 and a 12 month high of $170.00. The business’s 50-day moving average is $157.49 and its 200 day moving average is $155.99.

TJX Companies (NYSE:TJX) last posted its earnings results on Wednesday, May 20th. The apparel and home fashions retailer reported $1.19 EPS for the quarter, topping analysts’ consensus estimates of $1.02 by $0.17. The company had revenue of $14.32 billion for the quarter, compared to the consensus estimate of $14.02 billion. TJX Companies had a return on equity of 57.92% and a net margin of 9.40%.The firm’s revenue for the quarter was up 9.2% on a year-over-year basis. During the same period in the previous year, the business earned $0.92 earnings per share. 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, equities research analysts forecast that The TJX Companies, Inc. will post 5.17 earnings per share for the current fiscal year.

TJX Companies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Thursday, August 13th will be given a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Thursday, August 13th. TJX Companies’s payout ratio is currently 37.28%.

Insider Buying and Selling

In other TJX Companies news, Chairman Carol Meyrowitz sold 55,624 shares of the business’s 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 directly owned 201,496 shares of the company’s stock, valued at $32,974,820.40. The trade was a 21.63% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO John Klinger sold 6,235 shares of the business’s stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $160.77, for a total value of $1,002,400.95. Following the sale, the chief financial officer directly owned 64,257 shares in the company, valued at $10,330,597.89. The trade was a 8.84% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 129,410 shares of company stock worth $20,798,135. Corporate insiders own 0.13% of the company’s stock.

Analyst Upgrades and Downgrades

TJX has been the topic of a number of recent analyst reports. Truist Financial set a $190.00 price target on TJX Companies and gave the company a “buy” rating in a report on Thursday, May 21st. Citigroup reissued a “buy” rating and set a $182.00 price target (up from $168.00) on shares of TJX Companies in a report on Thursday, May 21st. Evercore reiterated an “outperform” rating and issued a $175.00 price target on shares of TJX Companies in a research note on Thursday, May 21st. Wells Fargo & Company reiterated an “outperform” rating and issued a $160.00 price target (up from $155.00) on shares of TJX Companies in a research note on Thursday, May 21st. Finally, Argus upgraded shares of TJX Companies to a “strong-buy” rating in a research note on Tuesday, March 3rd. Three research analysts have rated the stock with a Strong Buy rating and twenty have issued a Buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of $174.58.

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.