Coastal Bridge Advisors LLC purchased a new position in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 18,236 shares of the apparel and home fashions retailer's stock, valued at approximately $2,763,000.
Other hedge funds have also added to or reduced their stakes in the company. Jefferies Financial Group Inc. acquired a new position in shares of TJX Companies during the 2nd quarter worth $7,627,000. Public Employees Retirement System of Ohio acquired a new stake in TJX Companies in the second quarter valued at about $65,747,000. MASTERINVEST Kapitalanlage GmbH acquired a new stake in TJX Companies in the second quarter valued at about $9,120,000. Stonehage Fleming Financial Services Holdings Ltd bought a new position in TJX Companies in the second quarter valued at about $2,170,000. Finally, Parvin Asset Management LLC bought a new position in TJX Companies in the second quarter valued at about $294,000. 91.09% of the stock is owned by institutional investors.
Analysts Set New Price Targets
TJX has been the subject of a number of research reports. BTIG Research reissued a "buy" rating and issued a $190.00 target price on shares of TJX Companies in a report on Thursday, August 20th. Morgan Stanley set a $178.00 price objective on shares of TJX Companies and gave the company an "overweight" rating in a research note on Thursday, August 20th. Gordon Haskett restated an "accumulate" rating and issued a $155.00 target price on shares of TJX Companies in a research report on Thursday, August 20th. Weiss Ratings cut shares of TJX Companies from a "buy (b+)" rating to a "buy (b)" rating in a research note on Tuesday, July 21st. Finally, Barclays set a $188.00 target price on shares of TJX Companies and gave the stock an "overweight" rating in a research note on Thursday, August 20th. Two analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, TJX Companies currently has an average rating of "Moderate Buy" and an average target price of $172.84.
Read Our Latest Research Report on TJX
More TJX Companies News
Here are the key news stories impacting TJX Companies this week:
- Positive Sentiment: TJX’s second-quarter results exceeded expectations: comparable sales increased 4%, adjusted earnings per share rose 11% to $1.22, and management raised its full-year profit outlook. Revenue also slightly topped estimates, supporting the company’s earnings-growth narrative. TJX Beats Expectations Even As Its Biggest Division Stumbles
- Positive Sentiment: HomeGoods and TJX’s international businesses delivered stronger comparable-sales growth and helped offset weaker performance at Marmaxx. Analysts also point to margin expansion and the retailer’s resilient off-price model as continuing positives. TJX Q2 2027 Earnings Call Transcript
- Positive Sentiment: J.P. Morgan continues to rate TJX a Buy, indicating that some analysts view the recent weakness as an opportunity rather than evidence of a broken long-term investment thesis. J.P. Morgan Remains a Buy on TJX Companies
- Neutral Sentiment: Mixed retail-sector trading has made investors more selective: Kohl’s struggled despite improved guidance, while Ross Stores has outperformed. TJX’s relative resilience is constructive, but comparisons are raising expectations for continued execution. Kohl’s Falls Despite Raised Guidance
- Negative Sentiment: Marmaxx underperformed the rest of the company, prompting Jefferies to downgrade TJX to Hold from Buy with a $145 price target. The firm said the slowdown may reflect a more serious merchandising problem rather than a temporary miss, while Ross Stores continues to pull ahead. Jefferies Cuts TJX to Hold as Marmaxx Stumbles
- Negative Sentiment: The stock’s recent decline despite higher guidance signals that investors may consider TJX’s valuation demanding and expect better near-term momentum. Tariff uncertainty and the risk that Marmaxx weakness persists are additional overhangs. TJX Just Dropped 11% in a Month
TJX Companies Stock Performance
NYSE:TJX opened at $134.30 on Friday. The stock has a market cap of $148.36 billion, a P/E ratio of 24.82, a price-to-earnings-growth ratio of 2.65 and a beta of 0.62. The company has a current ratio of 1.15, a quick ratio of 0.56 and a debt-to-equity ratio of 0.18. The stock's 50-day moving average is $153.43 and its 200-day moving average is $156.22. The TJX Companies, Inc. has a 1-year low of $134.17 and a 1-year high of $170.00.
TJX Companies (NYSE:TJX - Get Free Report) last issued its quarterly earnings data on Wednesday, August 19th. The apparel and home fashions retailer reported $1.22 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.19 by $0.03. TJX Companies had a net margin of 9.73% and a return on equity of 56.56%. The business had revenue of $15.18 billion during the quarter, compared to analyst estimates of $15.16 billion. During the same quarter last year, the business earned $1.10 EPS. The firm's quarterly revenue was up 5.4% on a year-over-year basis. 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. Equities research analysts anticipate that The TJX Companies, Inc. will post 5.2 earnings per share for the current year.
TJX Companies Dividend Announcement
The firm 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 dividend of $0.48 per share. 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 (DPR) is presently 35.49%.
Insider Buying and Selling at TJX Companies
In related news, CEO Ernie Herrman sold 29,549 shares of the stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $157.46, for a total value of $4,652,785.54. Following the completion of the sale, 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 transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO John Klinger sold 6,235 shares of the firm's stock in a transaction on 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 directly owned 64,257 shares of the company's stock, valued at approximately $10,330,597.89. This represents a 8.84% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 130,367 shares of company stock worth $20,959,476 in the last three months. 0.15% of the stock is currently owned by company insiders.
TJX Companies Profile
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Free Report)
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.
Further Reading
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