143,966 Shares in The TJX Companies, Inc. $TJX Acquired by Varma Mutual Pension Insurance Co

Key Points

• Varma Mutual Pension Insurance Co. acquired 143,966 TJX shares worth approximately $21.8 million, while institutional investors collectively own 91.09% of the company.
• TJX reported quarterly EPS of $1.22 and revenue of $15.18 billion, exceeding analyst expectations. Management set fiscal 2027 EPS guidance at $5.15–$5.20, though weaker-than-expected third-quarter guidance and Marmaxx performance prompted some analyst caution.
• Analysts maintain a generally positive outlook, with a consensus rating of “Moderate Buy” and an average price target of $173.89 versus the stock’s recent price of $140.58. The company also declared a quarterly dividend of $0.48 per share, representing a 1.4% yield.

Varma Mutual Pension Insurance Co acquired a new position in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 143,966 shares of the apparel and home fashions retailer's stock, valued at approximately $21,811,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in TJX. BlackRock Inc. bought a new stake in shares of TJX Companies during the second quarter worth $16,489,926,000. Vanguard Group Inc. lifted its stake in shares of TJX Companies by 0.8% in the 4th quarter. Vanguard Group Inc. now owns 102,733,668 shares of the apparel and home fashions retailer's stock valued at $15,780,919,000 after acquiring an additional 771,882 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of TJX Companies by 2.6% in the 4th quarter. Geode Capital Management LLC now owns 27,011,104 shares of the apparel and home fashions retailer's stock valued at $4,134,174,000 after acquiring an additional 673,690 shares during the last quarter. Bank of America Corp DE boosted its holdings in shares of TJX Companies by 2.0% during the 4th quarter. Bank of America Corp DE now owns 25,620,925 shares of the apparel and home fashions retailer's stock valued at $3,935,630,000 after acquiring an additional 495,989 shares in the last quarter. Finally, Capital International Investors boosted its holdings in shares of TJX Companies by 2.0% during the 4th quarter. Capital International Investors now owns 15,986,573 shares of the apparel and home fashions retailer's stock valued at $2,455,911,000 after acquiring an additional 308,408 shares in the last quarter. Institutional investors own 91.09% of the company's stock.

Analysts Set New Price Targets

TJX has been the topic of a number of research reports. Telsey Advisory Group boosted their price objective on TJX Companies from $175.00 to $185.00 and gave the stock an "outperform" rating in a research report on Thursday, May 21st. Citigroup downgraded TJX Companies from a "buy" rating to a "neutral" rating and dropped their target price for the company from $182.00 to $154.00 in a research report on Thursday. Evercore reissued an "outperform" rating and set a $173.00 price target on shares of TJX Companies in a research note on Thursday. UBS Group restated a "buy" rating and set a $198.00 price target (up from $197.00) on shares of TJX Companies in a report on Thursday. Finally, Barclays set a $188.00 price objective on TJX Companies and gave the company an "overweight" rating in a research note on Thursday. Two equities research 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 stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $173.89.

Insider Buying and Selling

In other news, CEO Ernie Herrman sold 10,002 shares of the firm's stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $160.68, for a total transaction of $1,607,121.36. Following the completion of the transaction, the chief executive officer directly owned 514,848 shares in the company, valued at $82,725,776.64. This trade represents a 1.91% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO John Klinger sold 6,235 shares of the firm's stock in a transaction dated 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 owned 64,257 shares of the company's stock, valued at $10,330,597.89. This trade represents a 8.84% decrease in their ownership of the stock. 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. Corporate insiders own 0.15% of the company's stock.

TJX Companies Price Performance

Shares of NYSE:TJX opened at $140.58 on Friday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.54 and a current ratio of 1.15. The TJX Companies, Inc. has a 52 week low of $134.74 and a 52 week high of $170.00. The firm has a market cap of $155.30 billion, a PE ratio of 25.99, a price-to-earnings-growth ratio of 3.02 and a beta of 0.62. The firm's fifty day moving average is $155.63 and its 200-day moving average is $156.64.

TJX Companies (NYSE:TJX - Get Free Report) last posted its quarterly earnings data on Wednesday, August 19th. The apparel and home fashions retailer reported $1.22 earnings per share for the quarter, beating analysts' consensus estimates of $1.19 by $0.03. The business had revenue of $15.18 billion during the quarter, compared to the consensus estimate of $15.16 billion. TJX Companies had a return on equity of 56.56% and a net margin of 9.73%.TJX Companies's quarterly revenue was up 5.4% on a year-over-year basis. During the same period in the prior year, the business posted $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. Sell-side analysts predict that The TJX Companies, Inc. will post 5.22 earnings per share for the current year.

TJX Companies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Thursday, August 13th will be paid a $0.48 dividend. The ex-dividend date of this dividend is Thursday, August 13th. This represents a $1.92 annualized dividend and a dividend yield of 1.4%. TJX Companies's dividend payout ratio is presently 35.49%.

Key Headlines 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 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.

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