Envestnet Portfolio Solutions Inc. Increases Holdings in The TJX Companies, Inc. $TJX

Envestnet Portfolio Solutions Inc. raised its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 4.9% in the fourth quarter, Holdings Channel reports. The institutional investor owned 125,302 shares of the apparel and home fashions retailer’s stock after buying an additional 5,804 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in TJX Companies were worth $19,248,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in TJX. Dogwood Wealth Management LLC increased its position in shares of TJX Companies by 102.2% in the third quarter. Dogwood Wealth Management LLC now owns 182 shares of the apparel and home fashions retailer’s stock worth $26,000 after purchasing an additional 92 shares during the last quarter. Entrust Financial LLC bought a new stake in TJX Companies in the fourth quarter worth $26,000. GGM Financials LLC purchased a new stake in TJX Companies during the 3rd quarter valued at about $27,000. Joseph Group Capital Management purchased a new stake in shares of TJX Companies during the fourth quarter valued at approximately $27,000. Finally, IMG Wealth Management Inc. boosted its position in 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 valued at $27,000 after buying an additional 69 shares during the period. Institutional investors own 91.09% of the company’s stock.

Key TJX Companies News

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

• Positive Sentiment: JPMorgan raised its price target on TJX to $174 and kept an overweight rating, signaling confidence in more upside for the off-price retailer. TJX Companies price target raised by JPMorgan Chase & Co.
• Positive Sentiment: Truist initiated coverage with a buy rating and a $175 price target, reflecting a constructive view on TJX’s execution and competitive position. TJX Companies now covered by Truist Financial Corporation
• Positive Sentiment: Analysts remain optimistic that TJX can beat estimates again, citing its strong earnings surprise history and favorable setup heading into results. Will TJX (TJX) Beat Estimates Again in Its Next Earnings Report?
• Positive Sentiment: Options activity surged, with traders buying far more call options than usual, suggesting some investors are positioning for a bullish move around earnings.
• Neutral Sentiment: Coverage notes and broader retail-watchlist articles underscore that TJX remains in focus among off-price retailers, but do not add a new fundamental catalyst.
• Neutral Sentiment: Upcoming earnings are the key near-term event, with investors watching whether bargain-hunting shoppers are still supporting sales and margins. TJX Results Will Show if Shoppers Are Still Bargain Hunting

Insiders Place Their Bets

In other TJX Companies news, CEO Ernie Herrman sold 30,000 shares of TJX Companies stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $160.95, for a total value of $4,828,500.00. Following the sale, the chief executive officer directly owned 479,316 shares in the company, valued at approximately $77,145,910.20. The trade was a 5.89% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.13% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on TJX shares. Barclays lifted their price objective on TJX Companies from $172.00 to $183.00 and gave the stock an “overweight” rating in a research report on Thursday, February 26th. BTIG Research restated a “buy” rating and issued a $185.00 price objective (up from $165.00) on shares of TJX Companies in a report on Thursday, February 26th. Weiss Ratings downgraded TJX Companies from a “buy (a-)” rating to a “buy (b+)” rating in a report on Friday, May 8th. Argus raised shares of TJX Companies to a “strong-buy” rating in a research report on Tuesday, March 3rd. Finally, UBS Group reaffirmed a “buy” rating on shares of TJX Companies in a report on Wednesday, March 4th. Three research analysts have rated the stock with a Strong Buy rating and twenty-two have assigned a Buy rating to the stock. According to MarketBeat.com, TJX Companies presently has an average rating of “Buy” and an average target price of $169.25.

TJX Companies Stock Up 0.4%

TJX stock opened at $150.87 on Wednesday. The stock has a market cap of $166.84 billion, a P/E ratio of 30.92, a PEG ratio of 3.45 and a beta of 0.64. The TJX Companies, Inc. has a twelve month low of $119.84 and a twelve month high of $165.82. The business’s 50-day moving average price is $156.69 and its 200-day moving average price is $154.32. The company has a quick ratio of 0.59, a current ratio of 1.14 and a debt-to-equity ratio of 0.18.

TJX Companies (NYSE:TJX) last announced its quarterly earnings data on Wednesday, February 25th. The apparel and home fashions retailer reported $1.43 EPS for the quarter, beating the consensus estimate of $1.38 by $0.05. TJX Companies had a net margin of 9.10% and a return on equity of 57.70%. The firm had revenue of $17.74 billion for the quarter, compared to the consensus estimate of $17.36 billion. During the same period last year, the firm earned $1.23 EPS. The company’s revenue was up 8.5% on a year-over-year basis. TJX Companies has set its FY 2027 guidance at 4.930-5.020 EPS and its Q1 2027 guidance at 0.970-0.990 EPS. On average, equities research analysts forecast that The TJX Companies, Inc. will post 5.07 EPS for the current year.

TJX Companies Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 4th. Shareholders of record on Thursday, May 14th will be issued a dividend of $0.48 per share. This is an increase from TJX Companies’s previous quarterly dividend of $0.43. The ex-dividend date of this dividend is Thursday, May 14th. This represents a $1.92 dividend on an annualized basis and a yield of 1.3%. TJX Companies’s payout ratio is 39.34%.

TJX Companies Company 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.