Stillwater Wealth Management Group Buys New Holdings in The TJX Companies, Inc. $TJX

Stillwater Wealth Management Group bought a new position in shares of The TJX Companies, Inc. (NYSE:TJX) during the third quarter, Holdings Channel.com reports. The fund bought 6,721 shares of the apparel and home fashions retailer’s stock, valued at approximately $889,000.

A number of other institutional investors have also made changes to their positions in the business. BlackRock Inc. acquired a new stake in TJX Companies during the 2nd quarter valued at $16,489,926,000. State Street Corp boosted its position in TJX Companies by 2.9% during the second quarter. State Street Corp now owns 49,709,223 shares of the apparel and home fashions retailer’s stock worth $7,530,947,000 after purchasing an additional 1,388,026 shares during the period. Bank of America Corp DE acquired a new position in shares of TJX Companies in the second quarter valued at $3,511,553,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of TJX Companies by 7.6% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 12,560,007 shares of the apparel and home fashions retailer’s stock valued at $1,902,841,000 after purchasing an additional 883,294 shares during the last quarter. Finally, Bank of New York Mellon Corp acquired a new position in shares of TJX Companies in the second quarter valued at $1,598,731,000. 91.09% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the stock. Wall Street Zen lowered shares of TJX Companies from a “buy” rating to a “hold” rating in a research report on Saturday, August 22nd. Citigroup downgraded shares of TJX Companies from a “buy” rating to a “neutral” rating and reduced their target price for the stock from $182.00 to $154.00 in a report on Thursday, August 20th. The Goldman Sachs Group decreased their price target on shares of TJX Companies from $194.00 to $178.00 and set a “buy” rating on the stock in a research note on Thursday, August 20th. Guggenheim set a $152.00 price target on shares of TJX Companies and gave the company a “buy” rating in a research note on Monday, August 31st. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of TJX Companies in a report on Monday. Twenty-one equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, TJX Companies presently has an average rating of “Moderate Buy” and an average price target of $174.86.

TJX Companies Stock Performance

TJX stock traded down $0.35 during trading hours on Wednesday, hitting $146.64. 1,215,014 shares of the stock were exchanged, compared to its average volume of 6,080,087. The company has a current ratio of 1.15, a quick ratio of 0.56 and a debt-to-equity ratio of 0.18. The firm has a market capitalization of $161.30 billion, a P/E ratio of 27.13, a P/E/G ratio of 2.66 and a beta of 0.56. The company has a 50-day simple moving average of $136.43 and a two-hundred day simple moving average of $149.97. The TJX Companies, Inc. has a 12 month low of $122.78 and a 12 month high of $170.00.

TJX Companies (NYSE:TJX) last announced its earnings results on Wednesday, August 19th. The apparel and home fashions retailer reported $1.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.19 by $0.03. The company had revenue of $15.18 billion during the quarter, compared to analysts’ expectations of $15.16 billion. TJX Companies had a net margin of 9.73% and a return on equity of 56.56%. TJX Companies’s quarterly revenue was up 5.4% on a year-over-year basis. During the same quarter 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. On average, analysts forecast that The TJX Companies, Inc. will post 5.22 earnings per share for the current fiscal 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 paid a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Thursday, November 12th. TJX Companies’s payout ratio is 35.49%.

Key Headlines Impacting TJX Companies

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

• Positive Sentiment: Strong off-price momentum: TJX’s fiscal 2027 second-quarter comparable sales rose 4%, while earnings per share increased 24% year over year. Management reported abundant merchandise supply, allowing the retailer to offer bargains and potentially take market share from full-price competitors. TJX bargain supply and store growth article
• Positive Sentiment: Analyst price-target increase: Gordon Haskett raised its target for TJX to $175, signaling continued confidence in the company’s earnings durability and defensive, value-oriented retail model. Gordon Haskett raises TJX price target
• Positive Sentiment: Favorable value comparison: A comparison with Target is focused on which retailer offers better value for investors. TJX’s stronger recent operating momentum and exposure to consumers seeking discounts support its investment case, although valuation remains an important consideration. TGT or TJX value stock comparison
• Neutral Sentiment: Executive transition: Senior Executive Vice President and Group President Kenneth Canestrari is beginning a phased retirement. The announcement is not described as an operational change, but investors may monitor succession planning and execution during the transition. TJX executive retirement announcement
• Negative Sentiment: Valuation and growth concerns: Commentary questions whether TJX’s strong long-term share-price performance is fully supported by future cash flows. Planned store-growth acceleration to 4% beginning in fiscal 2028 is encouraging, but it raises the risk that buyers may have difficulty maintaining the company’s current merchandise-sourcing advantage as the store base expands. TJX fair value and cash flow analysis

TJX Companies Company 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.