The TJX Companies, Inc. $TJX Shares Sold by Cullen Investment Group LTD.

Key Points

• Cullen Investment Group LTD. reduced its stake in The TJX Companies by 72.4% in Q2, now holding shares worth $488,000 after selling 10,387 shares.
• The TJX Companies reported earnings of $1.10 EPS for the last quarter, surpassing analysts' expectations of $1.01 EPS, with revenue increasing 6.9% year-over-year.
• Wall Street analysts have primarily rated TJX Companies as a Buy, with a consensus price target of $147.58, highlighting expectations for continued growth.

Cullen Investment Group LTD. lowered its position in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) by 72.4% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,951 shares of the apparel and home fashions retailer's stock after selling 10,387 shares during the quarter. Cullen Investment Group LTD.'s holdings in TJX Companies were worth $488,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in TJX. TCTC Holdings LLC lifted its holdings in shares of 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 lifted its holdings in shares of 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 buying an additional 110 shares in the last quarter. Iron Horse Wealth Management LLC lifted its holdings in shares of TJX Companies by 99.3% in the first quarter. Iron Horse Wealth Management LLC now owns 299 shares of the apparel and home fashions retailer's stock worth $36,000 after buying an additional 149 shares in the last quarter. Inlight Wealth Management LLC purchased a new position in shares of TJX Companies in the first quarter worth $37,000. Finally, Activest Wealth Management lifted its holdings in shares of TJX Companies by 4,485.7% in the first quarter. Activest Wealth Management now owns 321 shares of the apparel and home fashions retailer's stock worth $39,000 after buying an additional 314 shares in the last quarter. Hedge funds and other institutional investors own 91.09% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the stock. Telsey Advisory Group restated an "outperform" rating and issued a $155.00 price target (up previously from $150.00) on shares of TJX Companies in a research report on Wednesday, August 20th. TD Securities boosted their target price on shares of TJX Companies from $140.00 to $142.00 and gave the company a "buy" rating in a research note on Tuesday, May 20th. Cowen reissued a "buy" rating on shares of TJX Companies in a research note on Tuesday, May 20th. Daiwa Capital Markets began coverage on shares of TJX Companies in a research note on Tuesday, July 8th. They issued an "outperform" rating and a $133.00 price objective for the company. Finally, Sanford C. Bernstein increased their price target on shares of TJX Companies from $145.00 to $152.00 and gave the company an "outperform" rating in a research report on Thursday, August 21st. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Buy" and a consensus price target of $147.58.

TJX Companies Stock Performance

NYSE:TJX traded down $1.65 during midday trading on Tuesday, hitting $139.52. The company's stock had a trading volume of 3,786,268 shares, compared to its average volume of 5,260,196. The TJX Companies, Inc. has a fifty-two week low of $111.22 and a fifty-two week high of $145.58. The firm's 50 day moving average is $131.99 and its 200-day moving average is $127.23. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.17 and a quick ratio of 0.52. The firm has a market cap of $155.28 billion, a P/E ratio of 31.78, a P/E/G ratio of 3.18 and a beta of 0.90.

TJX Companies (NYSE:TJX - Get Free Report) last issued its quarterly earnings data on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 EPS for the quarter, topping analysts' consensus estimates of $1.01 by $0.09. The business had revenue of $14.40 billion for the quarter, compared to analysts' expectations of $14.12 billion. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. The business's revenue was up 6.9% on a year-over-year basis. During the same quarter last year, the company earned $0.96 EPS. TJX Companies has set its FY 2026 guidance at 4.520-4.570 EPS. Q3 2026 guidance at 1.170-1.190 EPS. Equities analysts anticipate that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies 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.