HBK Sorce Advisory LLC Makes New $1.91 Million Investment in The TJX Companies, Inc. $TJX

HBK Sorce Advisory LLC bought a new stake in The TJX Companies, Inc. (NYSE:TJX) during the second quarter, Holdings Channel reports. The institutional investor bought 11,930 shares of the apparel and home fashions retailer’s stock, valued at approximately $1,908,000.

Several other institutional investors have also bought and sold shares of TJX. Brighton Jones LLC boosted its holdings in TJX Companies by 113.7% during the 4th quarter. Brighton Jones LLC now owns 15,039 shares of the apparel and home fashions retailer’s stock worth $1,817,000 after acquiring an additional 8,002 shares during the last quarter. Revolve Wealth Partners LLC lifted its position in shares of TJX Companies by 12.1% during the fourth quarter. Revolve Wealth Partners LLC now owns 2,172 shares of the apparel and home fashions retailer’s stock valued at $262,000 after purchasing an additional 235 shares in the last quarter. Bison Wealth LLC lifted its position in shares of TJX Companies by 32.9% during the fourth quarter. Bison Wealth LLC now owns 3,856 shares of the apparel and home fashions retailer’s stock valued at $466,000 after purchasing an additional 955 shares in the last quarter. United Bank boosted its holdings in TJX Companies by 7.6% during the second quarter. United Bank now owns 16,298 shares of the apparel and home fashions retailer’s stock worth $2,013,000 after purchasing an additional 1,155 shares during the last quarter. Finally, Schnieders Capital Management LLC. bought a new stake in TJX Companies in the 2nd quarter worth about $244,000. Institutional investors own 91.09% of the company’s stock.

More TJX Companies News

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

• Positive Sentiment: An investment analysis argues that TJX may offer better value than larger retailers such as Walmart and Costco, highlighting its off-price model, growth prospects and relative investment appeal. This Retail Stock May Be an Even Better Buy Than Walmart and Costco Right Now
• Positive Sentiment: Another analysis estimates TJX could be approximately 14% undervalued as its growth narrative remains intact. Analysts are projecting quarterly earnings of about $1.18 per share and revenue of roughly $15.14 billion, making the upcoming report an important test of operating momentum. TJX Companies Could Be 14% Undervalued As Growth Narrative Holds
• Positive Sentiment: TJX is also featured among retail and wholesale stocks that may benefit from potential earnings surprises, supporting the view that expectations could be favorable ahead of results. Why Investors Need to Take Advantage of These 2 Retail and Wholesale Stocks Now
• Neutral Sentiment: TJX is one of several major retailers on investors’ earnings watchlists this week, alongside Walmart, Target, Home Depot and Lowe’s. The broader retail results and management outlooks could influence sentiment across the sector. Walmart, Target, Home Depot, Fed Minutes, and More to Watch This Week
• Neutral Sentiment: A recently declared dividend provides continued shareholder support, but the announcement comes just before quarterly results, leaving investors focused primarily on earnings and guidance. TJX Companies Stock in Focus as Dividend Declaration Meets an Approaching Quarterly Report
• Negative Sentiment: Markets are approaching a volatile retail earnings period, with mixed stock futures and Federal Reserve minutes also due. That uncertainty may be encouraging some profit-taking in TJX before results, particularly given its relatively high valuation and elevated expectations. Walmart Could Swing $42.1 Billion In Value After Earnings

TJX Companies Stock Down 0.6%

Shares of NYSE TJX opened at $151.25 on Tuesday. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.14 and a quick ratio of 0.54. The stock has a market capitalization of $167.09 billion, a PE ratio of 29.37, a P/E/G ratio of 3.28 and a beta of 0.62. The TJX Companies, Inc. has a one year low of $132.63 and a one year high of $170.00. The business’s fifty day moving average price is $157.45 and its 200-day moving average price is $156.80.

TJX Companies (NYSE:TJX) last announced its quarterly earnings data on Wednesday, May 20th. The apparel and home fashions retailer reported $1.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.02 by $0.17. The business had revenue of $14.32 billion for the quarter, compared to analysts’ expectations of $14.02 billion. TJX Companies had a return on equity of 57.92% and a net margin of 9.40%.The firm’s quarterly revenue was up 9.2% compared to the same quarter last year. During the same period in the previous year, the business posted $0.92 EPS. 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 anticipate that The TJX Companies, Inc. will post 5.19 EPS for the current year.

TJX Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Thursday, August 13th will be issued a $0.48 dividend. The ex-dividend date of this dividend is Thursday, August 13th. This represents a $1.92 annualized dividend and a yield of 1.3%. TJX Companies’s dividend payout ratio (DPR) is 37.28%.

Insider Buying and Selling at TJX Companies

In other TJX Companies news, Chairman Carol Meyrowitz sold 55,624 shares of the business’s stock in a transaction on Tuesday, June 9th. The shares were 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 of the company’s stock, valued at $32,974,820.40. The trade was a 21.63% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Ernie Herrman sold 29,549 shares of the stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $157.46, for a total value of $4,652,785.54. Following the sale, the chief executive officer owned 552,850 shares in the company, valued at approximately $87,051,761. This represents a 5.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 130,367 shares of company stock valued at $20,959,476 over the last 90 days. 0.15% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on TJX. Evercore restated an “outperform” rating and issued a $175.00 target price on shares of TJX Companies in a research note on Thursday, May 21st. Wells Fargo & Company reissued an “outperform” rating and issued a $160.00 price objective (up from $155.00) on shares of TJX Companies in a research report on Thursday, May 21st. UBS Group reaffirmed a “buy” rating on shares of TJX Companies in a research report on Tuesday, June 9th. Morgan Stanley reissued an “overweight” rating on shares of TJX Companies in a report on Thursday, August 6th. Finally, Telsey Advisory Group lifted their price objective on shares of TJX Companies from $175.00 to $185.00 and gave the stock an “outperform” rating in a research report on Thursday, May 21st. Two analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $177.94.

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.