Sapient Capital LLC Boosts Stock Position in The TJX Companies, Inc. $TJX

Sapient Capital LLC boosted its position in The TJX Companies, Inc. (NYSE:TJX) by 5.9% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 80,395 shares of the apparel and home fashions retailer’s stock after purchasing an additional 4,513 shares during the quarter. Sapient Capital LLC’s holdings in TJX Companies were worth $12,180,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of TJX. Coston McIsaac & Partners grew its position in shares of TJX Companies by 11.3% in the 1st quarter. Coston McIsaac & Partners now owns 628 shares of the apparel and home fashions retailer’s stock worth $100,000 after buying an additional 64 shares during the last quarter. Kohmann Bosshard Financial Services LLC lifted its position in TJX Companies by 11.0% during the first quarter. Kohmann Bosshard Financial Services LLC now owns 666 shares of the apparel and home fashions retailer’s stock valued at $106,000 after acquiring an additional 66 shares during the last quarter. Hohimer Wealth Management LLC lifted its position in TJX Companies by 1.2% during the fourth quarter. Hohimer Wealth Management LLC now owns 5,595 shares of the apparel and home fashions retailer’s stock valued at $859,000 after acquiring an additional 66 shares during the last quarter. Verde Capital Management lifted its position in TJX Companies by 0.7% during the fourth quarter. Verde Capital Management now owns 10,022 shares of the apparel and home fashions retailer’s stock valued at $1,539,000 after acquiring an additional 67 shares during the last quarter. Finally, Intellectus Partners LLC boosted its stake in TJX Companies by 1.1% in the fourth quarter. Intellectus Partners LLC now owns 6,299 shares of the apparel and home fashions retailer’s stock valued at $968,000 after acquiring an additional 67 shares in the last quarter. 91.09% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

TJX has been the topic of several analyst reports. Morgan Stanley reaffirmed an “overweight” rating on shares of TJX Companies in a report on Thursday. Erste Group Bank lowered TJX Companies from a “buy” rating to a “hold” rating in a report on Wednesday, July 15th. Citigroup reissued a “buy” rating and issued a $182.00 price objective (up from $168.00) on shares of TJX Companies in a research report on Thursday, May 21st. Robert W. Baird boosted their target price on TJX Companies from $172.00 to $175.00 and gave the stock an “outperform” rating in a research note on Thursday, May 21st. Finally, Barclays reaffirmed an “overweight” rating and set a $190.00 target price (up from $183.00) on shares of TJX Companies in a research report on Thursday, May 21st. Two research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, TJX Companies currently has a consensus rating of “Buy” and a consensus price target of $177.94.

TJX Companies Trading Down 0.1%

Shares of TJX Companies stock opened at $161.21 on Monday. The company has a current ratio of 1.14, a quick ratio of 0.54 and a debt-to-equity ratio of 0.18. The TJX Companies, Inc. has a 12-month low of $130.88 and a 12-month high of $170.00. The firm has a market capitalization of $178.09 billion, a price-to-earnings ratio of 31.30, a PEG ratio of 3.48 and a beta of 0.62. The firm’s 50 day simple moving average is $157.85 and its two-hundred day simple moving average is $156.75.

TJX Companies (NYSE:TJX) last posted its quarterly earnings data 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 business had revenue of $14.32 billion during the quarter, compared to the consensus estimate of $14.02 billion. TJX Companies had a net margin of 9.40% and a return on equity of 57.92%. The business’s revenue for the quarter was up 9.2% compared to the same quarter last year. During the same period in the previous year, the firm 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. Analysts predict that The TJX Companies, Inc. will post 5.19 EPS for the current year.

TJX Companies Announces Dividend

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 $0.48 dividend. The ex-dividend date of this dividend is Thursday, August 13th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 1.2%. TJX Companies’s dividend payout ratio is currently 37.28%.

Insider Transactions at TJX Companies

In related news, CFO John Klinger sold 6,235 shares of the company’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 sale, the chief financial officer owned 64,257 shares in the company, valued at $10,330,597.89. This represents a 8.84% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Jackwyn Nemerov sold 957 shares of the 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 owned 802 shares in the company, valued at approximately $135,209.18. This trade represents a 54.41% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 130,367 shares of company stock valued at $20,959,476 over the last three months. Company insiders own 0.15% of the company’s stock.

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.