Meeder Asset Management Inc. Makes New $1.28 Million Investment in The TJX Companies, Inc. $TJX

Meeder Asset Management Inc. acquired a new stake in The TJX Companies, Inc. (NYSE:TJX) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 8,424 shares of the apparel and home fashions retailer’s stock, valued at approximately $1,276,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Coston McIsaac & Partners increased its position in shares of TJX Companies by 11.3% during the 1st quarter. Coston McIsaac & Partners now owns 628 shares of the apparel and home fashions retailer’s stock worth $100,000 after purchasing an additional 64 shares during the last quarter. Kohmann Bosshard Financial Services LLC grew its stake in shares of TJX Companies by 11.0% in 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 buying an additional 66 shares in the last quarter. HBW Advisory Services LLC grew its stake in shares of TJX Companies by 5.1% in the second quarter. HBW Advisory Services LLC now owns 1,357 shares of the apparel and home fashions retailer’s stock valued at $206,000 after buying an additional 66 shares in the last quarter. Hohimer Wealth Management LLC increased its holdings 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 worth $859,000 after buying an additional 66 shares during the last quarter. Finally, Verde Capital Management raised 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 worth $1,539,000 after acquiring an additional 67 shares in the last quarter. Institutional investors and hedge funds own 91.09% of the company’s stock.

Analysts Set New Price Targets

TJX has been the subject of a number of analyst reports. BTIG Research lifted their price objective on shares of TJX Companies from $185.00 to $190.00 and gave the company a “buy” rating in a research report on Thursday, May 21st. Sanford C. Bernstein reiterated an “outperform” rating on shares of TJX Companies in a research note on Thursday, May 21st. JPMorgan Chase & Co. lifted their price target on TJX Companies from $173.00 to $174.00 and gave the stock an “overweight” rating in a report on Monday, May 18th. UBS Group reiterated a “buy” rating on shares of TJX Companies in a research note on Tuesday, June 9th. Finally, Erste Group Bank cut TJX Companies from a “buy” rating to a “hold” rating in a research note on Wednesday, July 15th. Two analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, TJX Companies presently has a consensus rating of “Buy” and an average price target of $177.94.

TJX Companies Trading Down 4.0%

Shares of TJX stock opened at $144.88 on Thursday. The TJX Companies, Inc. has a 12-month low of $134.74 and a 12-month high of $170.00. The company has a market capitalization of $160.05 billion, a PE ratio of 28.13, a price-to-earnings-growth ratio of 3.26 and a beta of 0.62. The firm has a 50 day moving average price of $156.73 and a two-hundred day moving average price of $156.81. The company has a quick ratio of 0.54, a current ratio of 1.14 and a debt-to-equity ratio of 0.18.

TJX Companies (NYSE:TJX) last posted its earnings results on Wednesday, August 19th. The apparel and home fashions retailer reported $1.22 EPS for the quarter, beating the consensus estimate of $1.19 by $0.03. The company had revenue of $15.18 billion for the quarter, compared to the consensus estimate of $15.17 billion. TJX Companies had a return on equity of 57.92% and a net margin of 9.40%.The firm’s revenue for the quarter was up 5.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.10 earnings per share. 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. As a group, analysts predict that The TJX Companies, Inc. will post 5.19 earnings per share for the current year.

TJX Companies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Thursday, August 13th will be given a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend is Thursday, August 13th. TJX Companies’s payout ratio is presently 37.28%.

Key TJX Companies News

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

• Positive Sentiment: TJX reported second-quarter sales of approximately $15.18 billion, up 5.4% year over year, while adjusted EPS rose 11% to $1.22, exceeding the roughly $1.19 analyst consensus. Consolidated comparable sales increased 4%, and stronger margins prompted management to raise its full-year profit and margin outlook. TJX fiscal second-quarter results
• Positive Sentiment: The company outlined a long-term target of approximately 7,500 stores, suggesting substantial expansion potential for its off-price retail model. TJX store growth and earnings target
• Neutral Sentiment: Cost-conscious consumers continue to support TJX’s discount banners, and analysts remain broadly constructive; however, the stock’s relatively full valuation leaves less room for disappointing guidance.
• Negative Sentiment: Marmaxx, which includes TJ Maxx and Marshalls and represents TJX’s largest U.S. segment, delivered only 1% comparable-sales growth and fell below management’s expectations. This lagged HomeGoods, Canada, and International, which posted considerably stronger gains. TJX earnings and consumer weakness
• Negative Sentiment: Investors viewed the fiscal 2027 adjusted EPS outlook of $5.15–$5.20 as below the approximately $5.22 consensus estimate. Reports also highlighted a less-robust third-quarter comparable-sales and earnings outlook, intensifying concerns that consumer spending may be slowing. TJX guidance outlook
• Negative Sentiment: About $0.14 of second-quarter adjusted EPS benefited from tariff refunds, raising questions about how much of the earnings beat came from recurring retail operations rather than underlying performance.

Insider Buying and Selling at TJX Companies

In other TJX Companies news, Director Jackwyn Nemerov sold 957 shares of the stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $168.59, for a total transaction of $161,340.63. Following the transaction, the director owned 802 shares in the company, valued at $135,209.18. This represents a 54.41% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Ernie Herrman sold 29,549 shares of the firm’s stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $157.46, for a total transaction of $4,652,785.54. Following the transaction, the chief executive officer directly owned 552,850 shares in the company, valued at $87,051,761. This represents a 5.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 130,367 shares of company stock valued at $20,959,476. 0.15% of the stock is currently owned by insiders.

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.