Corient Private Wealth LP Takes Position in The TJX Companies, Inc. $TJX

Key Points

• Corient Private Wealth LP initiated a sizable TJX position, buying 2.38 million shares valued at approximately $361.2 million, representing about 0.22% of the company. Institutional investors collectively own 91.09% of TJX’s outstanding stock.
• TJX recently exceeded quarterly expectations, reporting $1.22 in EPS versus the $1.19 consensus and $15.18 billion in revenue, up 5.4% year over year. Management guided fiscal 2027 EPS to $5.15–$5.20, while the company declared a $0.48 quarterly dividend.
• Despite strong results and a consensus “Moderate Buy” rating with an average $172.84 price target, the stock has fallen about 11% over the past month to roughly $136.95. Analysts remain divided, with Jefferies citing weakness at the Marmaxx division and downgrading the shares to “Hold.”

Corient Private Wealth LP bought 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 13F filing with the Securities and Exchange Commission. The firm bought 2,383,937 shares of the apparel and home fashions retailer's stock, valued at approximately $361,167,000. Corient Private Wealth LP owned about 0.22% of TJX Companies as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Coston McIsaac & Partners boosted its holdings in shares of TJX Companies by 11.3% during the first quarter. Coston McIsaac & Partners now owns 628 shares of the apparel and home fashions retailer's stock worth $100,000 after acquiring an additional 64 shares during the period. Kohmann Bosshard Financial Services LLC increased its stake in shares of TJX Companies by 11.0% during the first quarter. Kohmann Bosshard Financial Services LLC now owns 666 shares of the apparel and home fashions retailer's stock worth $106,000 after purchasing an additional 66 shares during the period. HBW Advisory Services LLC increased its stake in shares of TJX Companies by 5.1% during the second quarter. HBW Advisory Services LLC now owns 1,357 shares of the apparel and home fashions retailer's stock worth $206,000 after purchasing an additional 66 shares during the period. Hohimer Wealth Management LLC lifted its holdings in TJX Companies by 1.2% during the 4th quarter. Hohimer Wealth Management LLC now owns 5,595 shares of the apparel and home fashions retailer's stock worth $859,000 after purchasing an additional 66 shares during the last quarter. Finally, Verde Capital Management lifted its holdings in TJX Companies by 0.7% during the 4th quarter. Verde Capital Management now owns 10,022 shares of the apparel and home fashions retailer's stock worth $1,539,000 after purchasing an additional 67 shares during the last quarter. Institutional investors and hedge funds own 91.09% of the company's stock.

Trending Headlines about TJX Companies

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 Price Performance

TJX Companies stock opened at $136.95 on Thursday. The firm has a market cap of $151.29 billion, a PE ratio of 25.31, a price-to-earnings-growth ratio of 2.69 and a beta of 0.62. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.15 and a quick ratio of 0.56. The stock's fifty day moving average price is $154.02 and its two-hundred day moving average price is $156.37. The TJX Companies, Inc. has a one year low of $135.90 and a one 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 earnings per share for the quarter, beating analysts' consensus estimates of $1.19 by $0.03. The firm 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%.The company's revenue was up 5.4% compared to the same quarter last year. During the same period in the prior year, the company 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. As a group, research analysts expect that The TJX Companies, Inc. will post 5.22 EPS for the current fiscal year.

TJX Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Thursday, August 13th will be given 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 yield of 1.4%. TJX Companies's dividend payout ratio is currently 35.49%.

Insider Activity

In other news, CEO Ernie Herrman sold 10,002 shares of the business'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 value 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 approximately $82,725,776.64. The trade was a 1.91% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Chairman Carol Meyrowitz sold 55,624 shares of the company's 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 sale, the chairman directly owned 201,496 shares of the company's stock, valued at approximately $32,974,820.40. This trade represents a 21.63% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 130,367 shares of company stock valued at $20,959,476. Corporate insiders own 0.15% of the company's stock.

Analysts Set New Price Targets

A number of brokerages have commented on TJX. Truist Financial set a $190.00 price objective on TJX Companies and gave the company a "buy" rating in a report on Thursday, May 21st. Gordon Haskett reissued an "accumulate" rating and set a $155.00 target price on shares of TJX Companies in a report on Thursday, August 20th. Sanford C. Bernstein reissued an "outperform" rating and issued a $175.00 target price on shares of TJX Companies in a research report on Tuesday. Robert W. Baird upped their price target on shares of TJX Companies from $172.00 to $175.00 and gave the company an "outperform" rating in a research note on Thursday, May 21st. Finally, Wall Street Zen lowered shares of TJX Companies from a "buy" rating to a "hold" rating in a research report on Saturday, August 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $172.84.

About TJX Companies

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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