Cambiar Investors LLC Reduces Position in The TJX Companies, Inc. $TJX

Key Points

• Cambiar Investors LLC sold 6,465 shares of The TJX Companies, Inc., reducing its stake by 2.0%, and now owns 316,949 shares valued at approximately $38.6 million.
• The TJX Companies reported earnings per share of $0.92 for the last quarter, exceeding analysts' expectations, with revenues of $13.11 billion indicating a 5.1% year-over-year increase.
• Several analysts have upgraded their ratings for TJX, with a consensus target price of $141.33, reflecting strong market confidence in the company's future performance.

Cambiar Investors LLC trimmed its position in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) by 2.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 316,949 shares of the apparel and home fashions retailer's stock after selling 6,465 shares during the period. TJX Companies comprises 1.6% of Cambiar Investors LLC's portfolio, making the stock its 26th largest position. Cambiar Investors LLC's holdings in TJX Companies were worth $38,604,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. TCTC Holdings LLC raised its stake in TJX Companies by 210.1% in the first quarter. TCTC Holdings LLC now owns 214 shares of the apparel and home fashions retailer's stock worth $26,000 after buying an additional 145 shares in the last quarter. Atlantic Edge Private Wealth Management LLC grew its holdings in TJX Companies by 58.8% in the first quarter. Atlantic Edge Private Wealth Management LLC now owns 297 shares of the apparel and home fashions retailer's stock worth $36,000 after purchasing an additional 110 shares during the period. Iron Horse Wealth Management LLC grew its holdings in shares of TJX Companies by 99.3% during the first quarter. Iron Horse Wealth Management LLC now owns 299 shares of the apparel and home fashions retailer's stock valued at $36,000 after buying an additional 149 shares during the last quarter. Inlight Wealth Management LLC purchased a new stake in shares of TJX Companies during the first quarter valued at approximately $37,000. Finally, Rialto Wealth Management LLC grew its holdings in shares of TJX Companies by 105.9% during the first quarter. Rialto Wealth Management LLC now owns 348 shares of the apparel and home fashions retailer's stock valued at $42,000 after buying an additional 179 shares during the last quarter. 91.09% of the stock is owned by institutional investors.

Insider Activity at TJX Companies

In other TJX Companies news, Director Amy B. Lane sold 950 shares of TJX Companies stock in a transaction on Tuesday, June 3rd. The shares were sold at an average price of $128.09, for a total value of $121,685.50. Following the completion of the transaction, the director directly owned 22,712 shares of the company's stock, valued at $2,909,180.08. This trade represents a 4.01% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 0.13% of the stock is owned by insiders.

Analyst Ratings Changes

TJX has been the topic of a number of recent analyst reports. Citigroup upgraded shares of TJX Companies from a "neutral" rating to a "buy" rating in a report on Wednesday, May 21st. Loop Capital set a $150.00 price target on shares of TJX Companies and gave the company a "buy" rating in a report on Thursday, May 22nd. Barclays reiterated an "overweight" rating and set a $147.00 price target (up previously from $137.00) on shares of TJX Companies in a report on Thursday, May 22nd. Daiwa Capital Markets started coverage on shares of TJX Companies in a report on Tuesday, July 8th. They issued an "outperform" rating and a $133.00 target price on the stock. Finally, Macquarie restated a "buy" rating on shares of TJX Companies in a report on Monday, August 11th. One research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Buy" and an average price target of $141.33.

TJX Companies Stock Performance

TJX traded up $1.37 during trading on Tuesday, hitting $134.43. The company's stock had a trading volume of 6,721,612 shares, compared to its average volume of 4,822,886. The firm has a market cap of $150.17 billion, a PE ratio of 31.63, a P/E/G ratio of 3.10 and a beta of 0.89. The TJX Companies, Inc. has a one year low of $111.22 and a one year high of $135.85. The business's 50 day simple moving average is $126.21 and its 200-day simple moving average is $125.23. The company has a quick ratio of 0.51, a current ratio of 1.16 and a debt-to-equity ratio of 0.34.

TJX Companies (NYSE:TJX - Get Free Report) last announced its quarterly earnings data on Wednesday, May 21st. The apparel and home fashions retailer reported $0.92 EPS for the quarter, beating the consensus estimate of $0.90 by $0.02. The firm had revenue of $13.11 billion for the quarter, compared to the consensus estimate of $13.01 billion. TJX Companies had a net margin of 8.47% and a return on equity of 58.81%. The company's revenue was up 5.1% on a year-over-year basis. During the same period last year, the firm earned $0.93 EPS. TJX Companies has set its FY 2026 guidance at 4.340-4.430 EPS. Q2 2026 guidance at 0.970-1.000 EPS. As a group, sell-side analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 4th. Shareholders of record on Thursday, August 14th will be issued a $0.425 dividend. This represents a $1.70 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date is Thursday, August 14th. TJX Companies's payout ratio is currently 40.00%.

TJX Companies Company Profile

The TJX Companies, Inc, together with its subsidiaries, operates as an off-price apparel and home fashions retailer in the United States, Canada, Europe, and Australia. It operates through four segments: Marmaxx, HomeGoods, TJX Canada, and TJX International. The company sells family apparel, including footwear and accessories; home fashions, such as home basics, furniture, rugs, lighting products, giftware, soft home products, decorative accessories, tabletop, and cookware, as well as expanded pet, and gourmet food departments; jewelry and accessories; and other merchandise.