The TJX Companies, Inc. $TJX Shares Sold by Edgestream Partners L.P.

Edgestream Partners L.P. lowered its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 44.9% during the first quarter, Holdings Channel reports. The fund owned 6,185 shares of the apparel and home fashions retailer’s stock after selling 5,038 shares during the quarter. Edgestream Partners L.P.’s holdings in TJX Companies were worth $988,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Oddo BHF Asset Management Sas raised its stake in TJX Companies by 20.0% in the 1st quarter. Oddo BHF Asset Management Sas now owns 47,626 shares of the apparel and home fashions retailer’s stock valued at $7,606,000 after purchasing an additional 7,936 shares during the last quarter. Bull Harbor Capital LLC acquired a new stake in shares of TJX Companies during the 1st quarter worth about $2,028,000. Strategic Investment Advisors MI boosted its stake in shares of TJX Companies by 34.1% during the 1st quarter. Strategic Investment Advisors MI now owns 8,747 shares of the apparel and home fashions retailer’s stock worth $1,397,000 after purchasing an additional 2,224 shares during the last quarter. Ashton Thomas Securities LLC boosted its stake in shares of TJX Companies by 12.2% during the 1st quarter. Ashton Thomas Securities LLC now owns 10,063 shares of the apparel and home fashions retailer’s stock worth $1,607,000 after purchasing an additional 1,091 shares during the last quarter. Finally, Smith Group Asset Management LLC grew its holdings in shares of TJX Companies by 7.5% during the first quarter. Smith Group Asset Management LLC now owns 264,657 shares of the apparel and home fashions retailer’s stock worth $42,266,000 after buying an additional 18,530 shares in the last quarter. Hedge funds and other institutional investors own 91.09% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on TJX. Sanford C. Bernstein reissued an “outperform” rating on shares of TJX Companies in a research report on Thursday, May 21st. Weiss Ratings lowered shares of TJX Companies from a “buy (b+)” rating to a “buy (b)” rating in a research report on Tuesday, July 21st. Truist Financial set a $190.00 target price on shares of TJX Companies and gave the stock a “buy” rating in a research note on Thursday, May 21st. Robert W. Baird boosted their price target on TJX Companies from $172.00 to $175.00 and gave the company an “outperform” rating in a report on Thursday, May 21st. Finally, UBS Group reissued a “buy” rating on shares of TJX Companies in a research note on Tuesday, June 9th. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $176.89.

Insider Transactions at TJX Companies

In other TJX Companies news, CFO John Klinger sold 6,235 shares of the business’s stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $160.77, for a total transaction of $1,002,400.95. Following the completion of the sale, the chief financial officer owned 64,257 shares of the company’s stock, valued at approximately $10,330,597.89. The trade was a 8.84% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Chairman Carol Meyrowitz sold 55,624 shares of the business’s stock in a transaction dated Tuesday, June 9th. The shares were sold at an average price of $163.65, for a total value of $9,102,867.60. Following the sale, the chairman directly owned 201,496 shares of the company’s stock, valued at approximately $32,974,820.40. This trade represents a 21.63% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 130,367 shares of company stock valued at $20,959,476. Corporate insiders own 0.15% of the company’s stock.

TJX Companies Price Performance

TJX opened at $157.45 on Wednesday. The company’s 50 day simple moving average is $157.52 and its 200 day simple moving average is $156.67. 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 TJX Companies, Inc. has a 1 year low of $128.48 and a 1 year high of $170.00. The stock has a market capitalization of $173.93 billion, a PE ratio of 30.57, a P/E/G ratio of 3.41 and a beta of 0.62.

TJX Companies (NYSE:TJX) last issued its quarterly earnings results on Wednesday, May 20th. The apparel and home fashions retailer reported $1.19 EPS for the quarter, topping the consensus estimate of $1.02 by $0.17. The firm had revenue of $14.32 billion during the quarter, compared to analyst estimates of $14.02 billion. TJX Companies had a net margin of 9.40% and a return on equity of 57.92%. TJX Companies’s revenue for the quarter was up 9.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.92 earnings per share. 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. As a group, sell-side analysts expect that The TJX Companies, Inc. will post 5.17 EPS for the current year.

TJX Companies Dividend Announcement

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

More TJX Companies News

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

• Positive Sentiment: High expectations for another earnings beat: TJX has a strong history of exceeding analyst estimates, and recent coverage identifies earnings estimate revisions and the company’s surprise track record as potential support for its next quarterly report. Will TJX Beat Estimates Again in Its Next Earnings Report?
• Positive Sentiment: Momentum and analyst support remain favorable: TJX is being highlighted as a long-term momentum stock, while Wall Street analysts remain bullish after the retailer outperformed the broader market over the past year. Its off-price model, including value-oriented merchandise and a store experience that online retailers may struggle to replicate, is viewed as a competitive advantage. TJX Companies Stock: Analyst Estimates and Ratings TJX Positioned to Benefit From Retail Experience
• Positive Sentiment: Recent fundamentals provide a favorable backdrop: TJX’s latest reported quarter exceeded expectations, with revenue up 9.2% year over year and EPS of $1.19 versus a $1.02 consensus estimate. That performance supports the current bullish narrative and expectations for continued growth.
• Neutral Sentiment: Industry outlook is constructive but broad: TJX was included in a retail industry outlook alongside Ross Stores, Target and Dollar Tree. The coverage reinforces interest in value-oriented retailers but does not introduce a new company-specific development. Zacks Industry Outlook
• Neutral Sentiment: Former TJX executive joins Petco’s board: Petco appointed former TJX CFO Jeffrey Naylor as a director and audit committee chair. The move is unlikely to materially affect TJX’s valuation or near-term trading. Petco Appoints Jeffrey Naylor to Board

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.