TRB Wealth Management LLC Acquires New Stake in The TJX Companies, Inc. $TJX

TRB Wealth Management LLC bought a new position in shares of The TJX Companies, Inc. (NYSE:TJX) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 5,554 shares of the apparel and home fashions retailer’s stock, valued at approximately $841,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Swiss Life Asset Management Ltd lifted its holdings in TJX Companies by 9.5% during the 4th quarter. Swiss Life Asset Management Ltd now owns 373,430 shares of the apparel and home fashions retailer’s stock worth $57,363,000 after buying an additional 32,407 shares in the last quarter. J.Safra Asset Management Corp boosted its position in TJX Companies by 78.3% in the 4th quarter. J.Safra Asset Management Corp now owns 6,805 shares of the apparel and home fashions retailer’s stock valued at $1,045,000 after buying an additional 2,989 shares during the period. Bluedoor Private Wealth LLC acquired a new position in shares of TJX Companies in the fourth quarter worth $2,559,000. BNP Paribas increased its position in shares of TJX Companies by 346.0% during the fourth quarter. BNP Paribas now owns 11,626 shares of the apparel and home fashions retailer’s stock worth $1,786,000 after acquiring an additional 9,019 shares during the period. Finally, Benjamin Edwards Inc. increased its position in shares of TJX Companies by 17.1% during the fourth quarter. Benjamin Edwards Inc. now owns 135,775 shares of the apparel and home fashions retailer’s stock worth $20,856,000 after acquiring an additional 19,871 shares during the period. 91.09% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

TJX has been the topic of several analyst reports. JPMorgan Chase & Co. increased their price objective on TJX Companies from $173.00 to $174.00 and gave the company an “overweight” rating in a research note on Monday, May 18th. Wall Street Zen cut TJX Companies from a “buy” rating to a “hold” rating in a research note on Saturday. Truist Financial set a $190.00 price target on TJX Companies and gave the stock a “buy” rating in a report on Thursday, May 21st. Weiss Ratings cut TJX Companies from a “buy (b+)” rating to a “buy (b)” rating in a research note on Tuesday, July 21st. Finally, BTIG Research restated a “buy” rating and set a $190.00 target price on shares of TJX Companies in a research note on Thursday. Two equities research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $173.89.

TJX Companies Trading Down 0.1%

TJX opened at $140.58 on Friday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.54 and a current ratio of 1.15. The TJX Companies, Inc. has a one year low of $134.74 and a one year high of $170.00. The company has a market cap of $155.30 billion, a P/E ratio of 25.99, a PEG ratio of 3.02 and a beta of 0.62. The business’s 50-day simple moving average is $155.63 and its 200-day simple moving average is $156.64.

TJX Companies (NYSE:TJX) last posted its earnings results on Wednesday, August 19th. The apparel and home fashions retailer reported $1.22 earnings per share for the quarter, topping the consensus estimate of $1.19 by $0.03. The firm had revenue of $15.18 billion during the quarter, compared to analysts’ expectations of $15.16 billion. TJX Companies had a return on equity of 56.56% and a net margin of 9.73%.The firm’s revenue was up 5.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $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 research analysts expect that The TJX Companies, Inc. will post 5.23 EPS for the current fiscal year.

TJX Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Thursday, August 13th will be given a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Thursday, August 13th. TJX Companies’s payout ratio is currently 35.49%.

Insider Activity at TJX Companies

In other news, CFO John Klinger sold 6,235 shares of the company’s stock in a transaction on Friday, June 5th. The shares were sold at an average price of $160.77, for a total value of $1,002,400.95. Following the completion of the transaction, the chief financial officer owned 64,257 shares in the company, valued at approximately $10,330,597.89. This represents a 8.84% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Chairman Carol Meyrowitz sold 55,624 shares of TJX Companies stock in a transaction 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 in the company, valued at $32,974,820.40. This represents a 21.63% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 130,367 shares of company stock worth $20,959,476. Corporate insiders own 0.15% of the company’s stock.

Key TJX Companies News

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

• Positive Sentiment: TJX reported revenue of $15.18 billion and adjusted EPS of $1.22, surpassing consensus estimates of $15.16 billion and $1.19, respectively. Comparable-store sales increased 4%, while adjusted earnings rose 11% year over year. TJX beats Q2 expectations despite self-inflicted apparel slump
• Positive Sentiment: Management raised fiscal 2027 EPS guidance to $5.15–$5.20 and increased its long-term store target to 7,500 locations, supporting the company’s longer-term growth outlook. TJX outlines 7,500-store target while raising FY2027 EPS
• Positive Sentiment: Winners, Marshalls and HomeSense are reportedly gaining significant market share in Canada, while HomeGoods and international operations also provided important sources of strength. TJX says Canadian banners are gaining market share
• Neutral Sentiment: Some analysts view the post-earnings sell-off as a buying opportunity, with BTIG reaffirming a Buy rating and a $190 price target; UBS characterized the Marmaxx weakness as potentially isolated. A rare stumble at TJX has Wall Street spooked
• Negative Sentiment: Marmaxx, which includes TJ Maxx and Marshalls in the United States, delivered a disappointing comparable-sales performance. Management blamed merchandising and apparel-mix mistakes, but analysts also cited tougher off-price competition and consumer resistance to price increases. TJX blames merchandising missteps for rare US miss
• Negative Sentiment: Fiscal third-quarter guidance fell short of expectations, increasing concerns about near-term margin pressure and execution. Citi downgraded TJX to Neutral, while Wells Fargo cut its price target to $140 and assigned an Equal Weight rating. TJX Q2 beat but Marmaxx lags and Q3 guidance falls short

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.