Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its position in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 929.5% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 50,124 shares of the apparel and home fashions retailer's stock after acquiring an additional 45,255 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management's holdings in TJX Companies were worth $6,105,000 at the end of the most recent quarter.
Other hedge funds have also modified their holdings of the company. Capital International Investors increased its stake in TJX Companies by 4.5% during the 4th quarter. Capital International Investors now owns 14,647,792 shares of the apparel and home fashions retailer's stock worth $1,769,600,000 after purchasing an additional 626,739 shares in the last quarter. Northern Trust Corp increased its stake in TJX Companies by 15.2% during the 4th quarter. Northern Trust Corp now owns 13,985,826 shares of the apparel and home fashions retailer's stock worth $1,689,628,000 after purchasing an additional 1,845,225 shares in the last quarter. Royal Bank of Canada increased its stake in TJX Companies by 12.9% during the 4th quarter. Royal Bank of Canada now owns 12,300,919 shares of the apparel and home fashions retailer's stock worth $1,486,074,000 after purchasing an additional 1,403,561 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in TJX Companies by 10.9% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 10,187,824 shares of the apparel and home fashions retailer's stock worth $1,230,791,000 after purchasing an additional 1,005,260 shares in the last quarter. Finally, Invesco Ltd. increased its stake in TJX Companies by 4.3% during the 4th quarter. Invesco Ltd. now owns 8,753,021 shares of the apparel and home fashions retailer's stock worth $1,057,452,000 after purchasing an additional 363,879 shares in the last quarter. 91.09% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of analysts recently issued reports on TJX shares. Daiwa America raised TJX Companies to a "strong-buy" rating in a research note on Tuesday, July 8th. Daiwa Capital Markets began coverage on TJX Companies in a research note on Tuesday, July 8th. They set an "outperform" rating and a $133.00 target price for the company. Loop Capital set a $150.00 price target on shares of TJX Companies and gave the stock a "buy" rating in a research note on Thursday, May 22nd. Telsey Advisory Group reaffirmed an "outperform" rating and set a $145.00 price target on shares of TJX Companies in a research note on Wednesday, May 21st. Finally, JPMorgan Chase & Co. raised their price target on shares of TJX Companies from $130.00 to $145.00 and gave the stock an "overweight" rating in a research note on Monday, June 2nd. One investment analyst has rated the stock with a hold rating, nineteen have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, TJX Companies currently has a consensus rating of "Buy" and an average price target of $141.06.
Check Out Our Latest Research Report on TJX Companies
Insider Activity
In related news, Director Amy B. Lane sold 950 shares of the business's stock in a transaction dated Tuesday, June 3rd. The stock was sold at an average price of $128.09, for a total value of $121,685.50. Following the completion of the transaction, the director owned 22,712 shares of the company's stock, valued at $2,909,180.08. The trade was a 4.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 0.13% of the company's stock.
TJX Companies Stock Performance
TJX stock traded up $1.36 during midday trading on Friday, reaching $125.89. 4,855,347 shares of the company were exchanged, compared to its average volume of 4,410,306. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.16 and a quick ratio of 0.51. The business has a 50-day moving average price of $125.01 and a two-hundred day moving average price of $124.45. The TJX Companies, Inc. has a one year low of $107.71 and a one year high of $135.85. The firm has a market capitalization of $140.63 billion, a price-to-earnings ratio of 29.62, a price-to-earnings-growth ratio of 2.90 and a beta of 0.88.
TJX Companies (NYSE:TJX - Get Free Report) last released its quarterly earnings data on Wednesday, May 21st. The apparel and home fashions retailer reported $0.92 EPS for the quarter, topping analysts' consensus estimates of $0.90 by $0.02. The firm had revenue of $13.11 billion during the quarter, compared to analysts' expectations 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 for the quarter was up 5.1% compared to the same quarter last year. During the same period in the previous year, the business posted $0.93 earnings per share. Equities research analysts forecast that The TJX Companies, Inc. will post 4.18 EPS for the current year.
TJX Companies Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 4th. Stockholders of record on Thursday, August 14th will be given a $0.425 dividend. This represents a $1.70 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Thursday, August 14th. TJX Companies's payout ratio is presently 40.00%.
TJX Companies Company Profile
(
Free Report)
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.
Featured Stories

Before you consider TJX Companies, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and TJX Companies wasn't on the list.
While TJX Companies currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Summer 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report