Empowered Funds LLC Purchases 12,033 Shares of The TJX Companies, Inc. $TJX

Key Points

• Empowered Funds LLC increased its stake in The TJX Companies, Inc. by 35.2%, acquiring an additional 12,033 shares, bringing their total holdings to 46,219 shares valued at approximately $5.63 million.
• Institutional investors own 91.09% of TJX's stock, with various other funds also increasing their positions significantly during the first quarter.
• TJX reported an EPS of $1.10 for the last quarter, exceeding analysts' expectations, and has set FY 2026 guidance at 4.520-4.570 EPS.

Empowered Funds LLC raised its holdings in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 35.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 46,219 shares of the apparel and home fashions retailer's stock after acquiring an additional 12,033 shares during the period. Empowered Funds LLC's holdings in TJX Companies were worth $5,629,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Clear Creek Financial Management LLC grew its holdings in shares of TJX Companies by 1.8% during the first quarter. Clear Creek Financial Management LLC now owns 4,811 shares of the apparel and home fashions retailer's stock worth $586,000 after purchasing an additional 83 shares during the last quarter. Knuff & Co LLC lifted its stake in TJX Companies by 8.5% in the first quarter. Knuff & Co LLC now owns 1,056 shares of the apparel and home fashions retailer's stock valued at $129,000 after buying an additional 83 shares during the period. Salem Investment Counselors Inc. lifted its stake in TJX Companies by 2.2% in the first quarter. Salem Investment Counselors Inc. now owns 3,986 shares of the apparel and home fashions retailer's stock valued at $485,000 after buying an additional 86 shares during the period. Financial Network Wealth Advisors LLC raised its position in shares of TJX Companies by 7.8% during the first quarter. Financial Network Wealth Advisors LLC now owns 1,207 shares of the apparel and home fashions retailer's stock worth $147,000 after purchasing an additional 87 shares during the period. Finally, Amplius Wealth Advisors LLC raised its position in shares of TJX Companies by 4.2% during the first quarter. Amplius Wealth Advisors LLC now owns 2,324 shares of the apparel and home fashions retailer's stock worth $283,000 after purchasing an additional 93 shares during the period. 91.09% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on TJX. BMO Capital Markets reaffirmed an "outperform" rating on shares of TJX Companies in a research report on Wednesday, May 21st. Daiwa Capital Markets assumed coverage on TJX Companies in a report on Tuesday, July 8th. They set an "outperform" rating and a $133.00 price target for the company. Wall Street Zen upgraded TJX Companies from a "hold" rating to a "buy" rating in a report on Saturday, August 23rd. Bank of America upped their price target on TJX Companies from $145.00 to $150.00 and gave the stock a "buy" rating in a report on Thursday, August 21st. Finally, Macquarie reiterated a "buy" rating on shares of TJX Companies in a report on Monday, August 11th. One analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, TJX Companies currently has a consensus rating of "Buy" and an average price target of $147.58.

TJX Companies Stock Performance

NYSE:TJX traded down $1.28 during trading on Friday, reaching $139.55. The company's stock had a trading volume of 5,173,162 shares, compared to its average volume of 5,362,153. The firm has a market cap of $155.31 billion, a price-to-earnings ratio of 31.79, a price-to-earnings-growth ratio of 3.14 and a beta of 0.90. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.52 and a current ratio of 1.17. The firm has a 50 day moving average of $131.39 and a 200-day moving average of $127.00. The TJX Companies, Inc. has a 12 month low of $111.22 and a 12 month high of $145.58.

TJX Companies (NYSE:TJX - Get Free Report) last announced its quarterly earnings data on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.01 by $0.09. The firm had revenue of $14.40 billion during the quarter, compared to the consensus estimate of $14.12 billion. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.The business's revenue for the quarter was up 6.9% on a year-over-year basis. During the same quarter in the prior 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. Research analysts expect that The TJX Companies, Inc. will post 4.18 EPS 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.