Empowered Funds LLC Invests $37.21 Million in The TJX Companies, Inc. $TJX

Empowered Funds LLC purchased a new position in The TJX Companies, Inc. (NYSE:TJX - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 245,638 shares of the apparel and home fashions retailer's stock, valued at approximately $37,214,000.

A number of other hedge funds have also recently modified their holdings of TJX. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna increased its stake in shares of TJX Companies by 120.3% in the 4th quarter. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna now owns 163 shares of the apparel and home fashions retailer's stock worth $25,000 after acquiring an additional 89 shares in the last quarter. Entrust Financial LLC bought a new stake in shares of TJX Companies in the 4th quarter worth approximately $26,000. Wilkerson Advisory Group LLC purchased a new stake in shares of TJX Companies in the 4th quarter worth approximately $26,000. Joseph Group Capital Management purchased a new position in TJX Companies during the fourth quarter valued at $27,000. Finally, IMG Wealth Management Inc. boosted its holdings in TJX Companies by 65.7% in the fourth quarter. IMG Wealth Management Inc. now owns 174 shares of the apparel and home fashions retailer's stock worth $27,000 after acquiring an additional 69 shares in the last quarter. Institutional investors own 91.09% of the company's stock.

Insider Activity

In other TJX Companies news, CFO John Klinger sold 6,235 shares of the business's stock in a transaction on Friday, June 5th. The shares were sold at an average price of $160.77, for a total value of $1,002,400.95. Following the sale, the chief financial officer owned 64,257 shares in the company, valued at $10,330,597.89. The trade was a 8.84% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Jackwyn Nemerov sold 957 shares of the company's stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $168.59, for a total transaction of $161,340.63. Following the sale, the director directly owned 802 shares in the company, valued at approximately $135,209.18. The trade was a 54.41% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 130,367 shares of company stock valued at $20,959,476 over the last 90 days. Company insiders own 0.15% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on TJX. Wells Fargo & Company lowered their price target on TJX Companies from $160.00 to $140.00 and set an "equal weight" rating for the company in a research report on Thursday, August 20th. JPMorgan Chase & Co. upped their target price on shares of TJX Companies from $173.00 to $174.00 and gave the stock an "overweight" rating in a research note on Monday, May 18th. UBS Group reiterated a "buy" rating and set a $198.00 price target (up from $197.00) on shares of TJX Companies in a report on Thursday, August 20th. Truist Financial set a $190.00 price objective on shares of TJX Companies and gave the stock a "buy" rating in a report on Thursday, May 21st. Finally, Evercore reiterated an "outperform" rating and set a $173.00 target price on shares of TJX Companies in a research note on Thursday, August 20th. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, TJX Companies has an average rating of "Moderate Buy" and an average price target of $172.84.

TJX Companies News Summary

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 Trading Down 1.8%

NYSE:TJX opened at $134.30 on Friday. The company has a market cap of $148.36 billion, a PE 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 company has a 50 day simple moving average of $153.43 and a two-hundred day simple moving average of $156.22. The TJX Companies, Inc. has a 12 month low of $134.17 and a 12 month high of $170.00.

TJX Companies (NYSE:TJX - Get Free Report) last posted its quarterly earnings data on Wednesday, August 19th. The apparel and home fashions retailer reported $1.22 EPS for the quarter, beating analysts' consensus estimates of $1.19 by $0.03. TJX Companies had a return on equity of 56.56% and a net margin of 9.73%.The company had revenue of $15.18 billion during the quarter, compared to analysts' expectations of $15.16 billion. During the same quarter in the prior year, the business earned $1.10 earnings per share. TJX Companies's revenue for the quarter was up 5.4% compared to the same quarter last year. 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. Research analysts forecast that The TJX Companies, Inc. will post 5.2 earnings per share for the current year.

TJX Companies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Thursday, August 13th will be paid a dividend of $0.48 per share. The ex-dividend date is Thursday, August 13th. This represents a $1.92 dividend on an annualized basis and a yield of 1.4%. TJX Companies's dividend payout ratio (DPR) is presently 35.49%.

TJX Companies Company Profile

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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