EP Wealth Advisors LLC Acquires New Holdings in The TJX Companies, Inc. $TJX

EP Wealth Advisors LLC bought a new position in shares of The TJX Companies, Inc. (NYSE:TJX) during the second quarter, Holdings Channel reports. The fund bought 355,297 shares of the apparel and home fashions retailer’s stock, valued at approximately $53,828,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in TJX. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna raised its position in shares of TJX Companies by 120.3% during the fourth quarter. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna now owns 163 shares of the apparel and home fashions retailer’s stock worth $25,000 after purchasing an additional 89 shares during the period. Entrust Financial LLC bought a new stake in TJX Companies during the 4th quarter valued at $26,000. Wilkerson Advisory Group LLC acquired a new position in TJX Companies during the fourth quarter worth $26,000. IMG Wealth Management Inc. raised its holdings in TJX Companies by 65.7% during the fourth quarter. IMG Wealth Management Inc. now owns 174 shares of the apparel and home fashions retailer’s stock worth $27,000 after buying an additional 69 shares during the last quarter. Finally, Joseph Group Capital Management bought a new position in shares of TJX Companies in the fourth quarter valued at $27,000. 91.09% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on TJX shares. Barclays set a $188.00 price objective on shares of TJX Companies and gave the company an “overweight” rating in a report on Thursday. Truist Financial set a $190.00 price target on shares of TJX Companies and gave the company a “buy” rating in a research report on Thursday, May 21st. JPMorgan Chase & Co. lifted their price target on TJX Companies from $173.00 to $174.00 and gave the company an “overweight” rating in a research note on Monday, May 18th. Weiss Ratings lowered TJX Companies from a “buy (b+)” rating to a “buy (b)” rating in a report on Tuesday, July 21st. Finally, Wall Street Zen downgraded TJX Companies from a “buy” rating to a “hold” rating in a research note on Saturday. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, TJX Companies currently has a consensus rating of “Moderate Buy” and a consensus price target of $173.89.

Trending Headlines about 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 Stock Down 0.1%

TJX stock opened at $140.58 on Friday. The stock has a market cap of $155.30 billion, a P/E ratio of 25.99, a P/E/G ratio of 3.02 and a beta of 0.62. 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 stock’s fifty day simple moving average is $155.63 and its two-hundred 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.

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

TJX Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Investors 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 yield of 1.4%. The ex-dividend date is Thursday, August 13th. TJX Companies’s dividend payout ratio (DPR) is 35.49%.

Insider Activity at TJX Companies

In other news, CEO Ernie Herrman sold 10,002 shares of the firm’s stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $160.68, for a total transaction of $1,607,121.36. Following the completion of the sale, the chief executive officer owned 514,848 shares in the company, valued at $82,725,776.64. This trade represents a 1.91% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Chairman Carol Meyrowitz sold 55,624 shares of TJX Companies stock in a transaction that occurred on Tuesday, June 9th. The stock was sold at an average price of $163.65, for a total transaction of $9,102,867.60. Following the completion of the sale, the chairman directly owned 201,496 shares in the company, valued at $32,974,820.40. This trade represents a 21.63% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 130,367 shares of company stock worth $20,959,476. Insiders own 0.15% of the company’s stock.

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.