Ausdal Financial Partners Inc. Purchases New Holdings in The TJX Companies, Inc. $TJX

Key Points

• Ausdal Financial Partners acquired 8,836 TJX shares in the second quarter, worth approximately $1.34 million. Institutional investors and hedge funds collectively own 91.09% of the company.
• TJX reported quarterly EPS of $1.22, beating estimates of $1.19, while revenue rose 5.4% year over year to $15.18 billion. The company projected fiscal 2027 EPS of $5.15 to $5.20.
• Despite strong results and a consensus “Moderate Buy” rating with a $172.84 price target, shares opened at $136.95 after a recent decline. Insider selling and concerns about Marmaxx performance and future comparable-sales growth remain risks.

Ausdal Financial Partners Inc. acquired a new stake in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 8,836 shares of the apparel and home fashions retailer's stock, valued at approximately $1,339,000.

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

Insider Activity at TJX Companies

In other TJX Companies news, Director Jackwyn Nemerov sold 957 shares of the stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $168.59, for a total value of $161,340.63. Following the completion of the transaction, the director directly owned 802 shares of the company's stock, valued at approximately $135,209.18. This trade represents a 54.41% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Chairman Carol Meyrowitz sold 55,624 shares of TJX Companies stock in a transaction that occurred on Tuesday, June 9th. The shares were sold at an average price of $163.65, for a total transaction of $9,102,867.60. Following the sale, the chairman owned 201,496 shares of the company's stock, valued at approximately $32,974,820.40. The trade was a 21.63% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 130,367 shares of company stock worth $20,959,476 over the last three months. 0.15% of the stock is currently owned by company insiders.

Analyst Ratings Changes

TJX has been the subject of a number of analyst reports. Truist Financial set a $190.00 price objective on shares of TJX Companies and gave the stock a "buy" rating in a research report on Thursday, May 21st. Weiss Ratings downgraded shares of TJX Companies from a "buy (b+)" rating to a "buy (b)" rating in a report on Tuesday, July 21st. Evercore reiterated an "outperform" rating and set a $173.00 price target on shares of TJX Companies in a research note on Thursday, August 20th. JPMorgan Chase & Co. increased their price target on shares of TJX Companies from $173.00 to $174.00 and gave the stock an "overweight" rating in a report on Monday, May 18th. Finally, Gordon Haskett restated an "accumulate" rating and issued a $155.00 price objective on shares of TJX Companies in a research report on Thursday, August 20th. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, TJX Companies currently has an average rating of "Moderate Buy" and a consensus price target of $172.84.

Key TJX Companies News

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

• Positive Sentiment: TJX’s latest quarter exceeded expectations, with earnings per share of $1.22 versus the $1.19 consensus and revenue of $15.18 billion, up 5.4% year over year. Management also raised or maintained a favorable outlook, forecasting fiscal 2027 EPS of $5.15 to $5.20. TJX Q2 2027 Earnings Call Transcript
• Positive Sentiment: HomeGoods and TJX’s international businesses delivered comparable-sales growth, while expanding margins and upward earnings-estimate revisions support the view that the recent selloff may be overextended. Technical indicators described the stock as oversold and potentially forming support. Bears are Losing Control Over TJX
• Positive Sentiment: J.P. Morgan remains bullish on TJX, and the average brokerage recommendation continues to indicate a Buy, potentially offering support after the recent decline. J.P. Morgan Remains a Buy on TJX Companies
• Neutral Sentiment: Discussion on CNBC’s “Calls of the Day” focused on TJX and broader retail and utility-sector investment ideas, but provided no clear new company-specific catalyst. Calls of the Day: TJX Companies and the XLU
• Negative Sentiment: Jefferies downgraded TJX from Buy to Hold with a $145 price target, saying weakness at the Marmaxx division appears more serious than a temporary merchandising issue. Ross Stores’ stronger performance is increasing competitive pressure. Jefferies Cuts TJX to Hold
• Negative Sentiment: Investors have not rewarded TJX’s earnings beat and improved guidance, with the stock down about 11% over the past month. The reaction suggests valuation and concerns about future comparable-sales momentum are offsetting the company’s current execution. TJX Just Dropped 11% in a Month

TJX Companies Trading Down 1.8%

NYSE:TJX opened at $136.95 on Thursday. The stock has a fifty day moving average price of $154.02 and a two-hundred day moving average price of $156.37. The stock has a market capitalization of $151.29 billion, a price-to-earnings ratio of 25.31, a PEG ratio of 2.69 and a beta of 0.62. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.56 and a current ratio of 1.15. The TJX Companies, Inc. has a 1 year low of $135.90 and a 1 year high of $170.00.

TJX Companies (NYSE:TJX - Get Free Report) last released its earnings results on Wednesday, August 19th. The apparel and home fashions retailer reported $1.22 EPS for the quarter, beating analysts' consensus estimates of $1.19 by $0.03. The company 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% compared to the same quarter last year. During the same quarter last year, the company 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, sell-side analysts anticipate that The TJX Companies, Inc. will post 5.22 earnings per share for the current fiscal year.

TJX Companies Dividend Announcement

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 paid a $0.48 dividend. The ex-dividend date is Thursday, August 13th. This represents a $1.92 annualized dividend and a dividend yield of 1.4%. TJX Companies's dividend payout ratio (DPR) is 35.49%.

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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