4,824 Shares in The TJX Companies, Inc. $TJX Bought by Heartland Bank & Trust Co

Heartland Bank & Trust Co bought a new stake in The TJX Companies, Inc. (NYSE:TJX) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 4,824 shares of the apparel and home fashions retailer’s stock, valued at approximately $731,000.

Other large investors also recently modified their holdings of the company. Swiss Life Asset Management Ltd boosted its position 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 acquiring an additional 32,407 shares during the last quarter. J.Safra Asset Management Corp raised its holdings in shares of TJX Companies by 78.3% in the fourth 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 purchasing an additional 2,989 shares during the last quarter. Bluedoor Private Wealth LLC bought a new stake in shares of TJX Companies in the fourth quarter worth $2,559,000. BNP Paribas lifted its position in shares of TJX Companies by 346.0% in the fourth quarter. BNP Paribas now owns 11,626 shares of the apparel and home fashions retailer’s stock worth $1,786,000 after purchasing an additional 9,019 shares in the last quarter. Finally, Benjamin Edwards Inc. boosted its holdings in 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 purchasing an additional 19,871 shares during the last quarter. 91.09% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, Director Jackwyn Nemerov sold 957 shares of TJX Companies stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $168.59, for a total transaction of $161,340.63. Following the completion of the transaction, the director directly owned 802 shares in the company, valued at approximately $135,209.18. The trade was a 54.41% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO John Klinger sold 6,235 shares of the business’s stock in a transaction that occurred on 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 transaction, 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 130,367 shares of company stock worth $20,959,476 in the last three months. 0.15% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the stock. Evercore reaffirmed an “outperform” rating and issued a $173.00 target price on shares of TJX Companies in a research report on Thursday. Telsey Advisory Group increased their price objective on shares of TJX Companies from $175.00 to $185.00 and gave the stock an “outperform” rating in a research note on Thursday, May 21st. UBS Group restated a “buy” rating and issued a $198.00 price objective (up from $197.00) on shares of TJX Companies in a report on Thursday. JPMorgan Chase & Co. lifted their target price on TJX Companies from $173.00 to $174.00 and gave the company an “overweight” rating in a research report on Monday, May 18th. Finally, Barclays set a $188.00 target price on TJX Companies and gave the stock an “overweight” rating in a report on Thursday. Two analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, TJX Companies presently has a consensus rating of “Moderate Buy” and an average price target of $173.89.

Key Stories Impacting TJX Companies

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

TJX Companies Price Performance

Shares of TJX opened at $140.58 on Friday. The company has a current ratio of 1.15, a quick ratio of 0.54 and a debt-to-equity ratio of 0.18. The company’s fifty day simple moving average is $155.63 and its 200 day simple moving average is $156.64. The TJX Companies, Inc. has a 1-year low of $134.74 and a 1-year high of $170.00. The company has a market cap of $155.30 billion, a price-to-earnings ratio of 25.99, a PEG ratio of 3.02 and a beta of 0.62.

TJX Companies (NYSE:TJX) last announced its quarterly earnings data on Wednesday, August 19th. The apparel and home fashions retailer reported $1.22 EPS for the quarter, beating analysts’ consensus estimates of $1.19 by $0.03. TJX Companies had a net margin of 9.73% and a return on equity of 56.56%. The company had revenue of $15.18 billion during the quarter, compared to the consensus estimate of $15.16 billion. During the same quarter last year, the firm posted $1.10 EPS. The company’s quarterly revenue was up 5.4% on a year-over-year basis. 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, research analysts forecast that The TJX Companies, Inc. will post 5.23 earnings per share for the current fiscal year.

TJX Companies Announces Dividend

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

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.