Independent Financial Group LLC Invests $2.65 Million in The TJX Companies, Inc. $TJX

Independent Financial Group LLC acquired a new position in The TJX Companies, Inc. (NYSE:TJX) during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 16,565 shares of the apparel and home fashions retailer’s stock, valued at approximately $2,645,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna grew its stake in TJX Companies by 120.3% in the 4th quarter. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna now owns 163 shares of the apparel and home fashions retailer’s stock worth $25,000 after buying an additional 89 shares in the last quarter. Entrust Financial LLC purchased a new stake in shares of TJX Companies during the 4th quarter valued at $26,000. Wilkerson Advisory Group LLC purchased a new stake in shares of TJX Companies during the 4th quarter valued at $26,000. IMG Wealth Management Inc. lifted its holdings in shares of TJX Companies by 65.7% during the 4th quarter. IMG Wealth Management Inc. now owns 174 shares of the apparel and home fashions retailer’s stock worth $27,000 after acquiring an additional 69 shares during the last quarter. Finally, Joseph Group Capital Management bought a new stake in shares of TJX Companies during the 4th quarter worth $27,000. 91.09% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, Chairman Carol Meyrowitz sold 55,624 shares of the stock in a transaction dated 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 completion of the sale, the chairman directly owned 201,496 shares in the company, valued at approximately $32,974,820.40. This represents a 21.63% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO John Klinger sold 6,235 shares of the firm’s stock in a transaction dated 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 completion of 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. Insiders have sold a total of 130,367 shares of company stock worth $20,959,476 over the last ninety days. 0.15% of the stock is owned by insiders.

TJX Companies Stock Performance

NYSE:TJX opened at $154.51 on Friday. The firm has a market cap of $170.69 billion, a PE ratio of 30.00, a price-to-earnings-growth ratio of 3.35 and a beta of 0.63. The TJX Companies, Inc. has a fifty-two week low of $122.00 and a fifty-two week high of $170.00. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.54 and a current ratio of 1.14. The business has a 50 day moving average price of $156.54 and a 200-day moving average price of $156.53.

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

TJX Companies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Thursday, August 13th will be issued a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Thursday, August 13th. TJX Companies’s dividend payout ratio (DPR) is 37.28%.

More TJX Companies News

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

• Positive Sentiment: TJX is being cited as one of the retail stocks positioned to benefit from stronger June retail sales and surging online spending, reinforcing the view that off-price retail demand remains resilient. 5 Solid Stocks to Boost Your Portfolio as Retail Sales Continue to Surge
• Positive Sentiment: A recent market note says TJX has risen on earnings optimism, with investors focusing on whether the company can deliver another strong quarter and justify its premium valuation. Can TJX Companies (TJX) Justify Its Valuation After Rising On Earnings Optimism?
• Positive Sentiment: TJX was also highlighted in “great rotation” commentary as a stock that could benefit if investors continue moving away from megacap tech and into consumer and value-oriented names. The Great Rotation: 5 Stocks Set to Win as Money Leaves Megacap Tech
• Neutral Sentiment: Recent commentary also notes that TJX has been mixed over the past month, despite strong longer-term returns, suggesting investors are weighing growth durability against the stock’s already rich run. Can TJX Companies (TJX) Justify Its Valuation After Rising On Earnings Optimism?
• Negative Sentiment: Valuation remains a concern, with analysts questioning how much upside is left after the stock’s strong performance, which could limit near-term gains. Can TJX Companies (TJX) Justify Its Valuation After Rising On Earnings Optimism?
• Negative Sentiment: Erste Group Bank reportedly downgraded TJX to Hold, adding a note of caution around the stock’s near-term risk/reward. TJX Companies (NYSE:TJX) Downgraded by Erste Group Bank to “Hold”

Analyst Ratings Changes

TJX has been the topic of a number of research analyst reports. Telsey Advisory Group increased their target price on TJX Companies from $175.00 to $185.00 and gave the company an “outperform” rating in a research note on Thursday, May 21st. Barclays reaffirmed an “overweight” rating and set a $190.00 price target (up from $183.00) on shares of TJX Companies in a research note on Thursday, May 21st. Erste Group Bank cut TJX Companies from a “buy” rating to a “hold” rating in a report on Wednesday. Weiss Ratings upgraded TJX Companies from a “buy (b)” rating to a “buy (b+)” rating in a research report on Monday, July 6th. Finally, UBS Group reissued a “buy” rating on shares of TJX Companies in a report on Tuesday, June 9th. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $176.89.

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.