EP Wealth Advisors LLC Buys 16,487 Shares of The TJX Companies, Inc. $TJX

EP Wealth Advisors LLC grew its stake in The TJX Companies, Inc. (NYSE:TJX) by 6.1% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 285,371 shares of the apparel and home fashions retailer’s stock after purchasing an additional 16,487 shares during the period. EP Wealth Advisors LLC’s holdings in TJX Companies were worth $35,240,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in TJX. Vanguard Group Inc. grew its stake in shares of TJX Companies by 0.7% during the second quarter. Vanguard Group Inc. now owns 101,141,056 shares of the apparel and home fashions retailer’s stock worth $12,489,909,000 after buying an additional 727,292 shares during the last quarter. State Street Corp boosted its holdings in shares of TJX Companies by 0.6% during the 2nd quarter. State Street Corp now owns 48,595,536 shares of the apparel and home fashions retailer’s stock valued at $6,001,063,000 after acquiring an additional 285,737 shares in the last quarter. Geode Capital Management LLC grew its position in TJX Companies by 1.2% during the 2nd quarter. Geode Capital Management LLC now owns 26,070,916 shares of the apparel and home fashions retailer’s stock worth $3,205,927,000 after acquiring an additional 301,127 shares during the last quarter. Norges Bank acquired a new position in TJX Companies in the 2nd quarter worth about $1,808,774,000. Finally, Ameriprise Financial Inc. increased its holdings in TJX Companies by 0.3% in the 1st quarter. Ameriprise Financial Inc. now owns 13,068,312 shares of the apparel and home fashions retailer’s stock worth $1,591,758,000 after purchasing an additional 35,800 shares in the last quarter. 91.09% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, Director Amy B. Lane sold 500 shares of the company’s stock in a transaction dated Friday, November 21st. The shares were sold at an average price of $151.40, for a total value of $75,700.00. Following the sale, the director owned 22,212 shares in the company, valued at $3,362,896.80. This represents a 2.20% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Ernie Herrman sold 24,363 shares of TJX Companies stock in a transaction that occurred on Friday, November 21st. The shares were sold at an average price of $151.31, for a total value of $3,686,365.53. Following the transaction, the chief executive officer directly owned 510,780 shares in the company, valued at approximately $77,286,121.80. The trade was a 4.55% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 54,863 shares of company stock valued at $8,226,366. 0.13% of the stock is currently owned by company insiders.

TJX Companies Trading Up 0.3%

TJX opened at $156.10 on Friday. The TJX Companies, Inc. has a twelve month low of $112.10 and a twelve month high of $157.72. The company has a fifty day moving average of $146.43 and a 200-day moving average of $136.42. The stock has a market cap of $173.34 billion, a PE ratio of 34.46, a price-to-earnings-growth ratio of 3.49 and a beta of 0.76. The company has a quick ratio of 0.43, a current ratio of 1.09 and a debt-to-equity ratio of 0.20.

TJX Companies (NYSE:TJX) last released its earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.22 by $0.06. TJX Companies had a net margin of 8.68% and a return on equity of 58.30%. The business had revenue of $15.12 billion for the quarter, compared to analyst estimates of $14.80 billion. During the same quarter in the previous year, the business earned $1.14 earnings per share. TJX Companies’s revenue for the quarter was up 7.5% on a year-over-year basis. TJX Companies has set its Q4 2026 guidance at 1.330-1.360 EPS and its FY 2026 guidance at 4.630-4.660 EPS. On average, sell-side analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 5th. Investors of record on Thursday, February 12th will be given a dividend of $0.425 per share. This represents a $1.70 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Thursday, February 12th. TJX Companies’s payout ratio is presently 37.53%.

Analyst Ratings Changes

Several research firms have recently weighed in on TJX. Morgan Stanley restated an “overweight” rating and set a $162.00 price target (up from $159.00) on shares of TJX Companies in a report on Thursday, November 20th. Weiss Ratings reissued a “buy (b+)” rating on shares of TJX Companies in a report on Wednesday, October 8th. Guggenheim upgraded shares of TJX Companies to a “strong-buy” rating in a research report on Wednesday. UBS Group reaffirmed a “buy” rating and set a $181.00 price target on shares of TJX Companies in a research note on Thursday, December 4th. Finally, TD Cowen boosted their price objective on shares of TJX Companies from $162.00 to $167.00 and gave the stock a “buy” rating in a research note on Thursday, November 20th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $161.10.

TJX Companies Company Profile

The TJX Companies, Inc, together with its subsidiaries, operates as an off-price apparel and home fashions retailer in the United States, Canada, Europe, and Australia. It operates through four segments: Marmaxx, HomeGoods, TJX Canada, and TJX International. The company sells family apparel, including footwear and accessories; home fashions, such as home basics, furniture, rugs, lighting products, giftware, soft home products, decorative accessories, tabletop, and cookware, as well as expanded pet, and gourmet food departments; jewelry and accessories; and other merchandise.