Equitable Holdings Inc. Takes Position in The TJX Companies, Inc. $TJX

Key Points

• Equitable Holdings acquired 38,313 TJX shares worth approximately $5.8 million during the second quarter, while institutional investors collectively own 91.09% of the retailer.
• TJX exceeded quarterly expectations with adjusted EPS of $1.22 and revenue of $15.18 billion, up 5.4% year over year, and raised its full-year profit outlook.
• Analyst sentiment remains favorable overall, with a “Moderate Buy” consensus and average price target of $172.84, but concerns persist over Marmaxx’s weakness, valuation, tariffs and recent insider selling.

Equitable Holdings Inc. acquired a new stake in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 38,313 shares of the apparel and home fashions retailer's stock, valued at approximately $5,805,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna boosted its position in shares of TJX Companies by 120.3% during the 4th quarter. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna now owns 163 shares of the apparel and home fashions retailer's stock valued at $25,000 after acquiring an additional 89 shares during the last quarter. Entrust Financial LLC purchased a new stake in TJX Companies in the fourth quarter valued at approximately $26,000. Wilkerson Advisory Group LLC bought a new stake in TJX Companies during the fourth quarter valued at approximately $26,000. Imprint Wealth LLC purchased a new stake in shares of TJX Companies during the 3rd quarter valued at $27,000. Finally, Joseph Group Capital Management bought a new stake in shares of TJX Companies during the 4th quarter worth $27,000. Institutional investors own 91.09% of the company's stock.

Insider Buying and Selling

In other TJX Companies news, CFO John Klinger sold 6,235 shares of TJX Companies stock in a transaction dated 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 completion of the transaction, the chief financial officer directly owned 64,257 shares of the company's stock, valued at approximately $10,330,597.89. The trade was a 8.84% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Jackwyn Nemerov sold 957 shares of the company's stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $168.59, for a total transaction of $161,340.63. Following the completion of the transaction, the director owned 802 shares in the company, valued at approximately $135,209.18. This represents a 54.41% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 130,367 shares of company stock worth $20,959,476 over the last three months. 0.15% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research analysts have commented on TJX shares. Wells Fargo & Company reduced their price target on shares of TJX Companies from $160.00 to $140.00 and set an "equal weight" rating on the stock in a research report on Thursday, August 20th. UBS Group restated a "buy" rating and issued a $198.00 price objective (up from $197.00) on shares of TJX Companies in a report on Thursday, August 20th. Barclays set a $188.00 price objective on shares of TJX Companies and gave the company an "overweight" rating in a research note on Thursday, August 20th. JPMorgan Chase & Co. lifted their target price on shares of TJX Companies from $173.00 to $174.00 and gave the stock an "overweight" rating in a research report on Monday, May 18th. Finally, Sanford C. Bernstein reissued an "outperform" rating and issued a $175.00 price target on shares of TJX Companies in a research note on Tuesday. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, TJX Companies currently 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 Stock Down 1.8%

Shares of NYSE:TJX opened at $134.30 on Friday. The firm has a market capitalization of $148.36 billion, a P/E ratio of 24.82, a P/E/G ratio of 2.65 and a beta of 0.62. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.56 and a current ratio of 1.15. The stock has a 50 day moving average price of $153.43 and a 200-day moving average price of $156.22. The TJX Companies, Inc. has a 52-week low of $134.17 and a 52-week high of $170.00.

TJX Companies (NYSE:TJX - Get Free Report) last released its quarterly earnings results on Wednesday, August 19th. The apparel and home fashions retailer reported $1.22 earnings per share for the quarter, beating the consensus estimate of $1.19 by $0.03. The company had revenue of $15.18 billion for the quarter, compared to analyst estimates of $15.16 billion. TJX Companies had a return on equity of 56.56% and a net margin of 9.73%.The firm's revenue was up 5.4% on a year-over-year basis. During the same period in the previous year, the company posted $1.10 earnings per share. 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, equities research analysts anticipate that The TJX Companies, Inc. will post 5.2 EPS for the current fiscal year.

TJX Companies Dividend Announcement

The business 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. This represents a $1.92 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend is Thursday, August 13th. TJX Companies's dividend payout ratio (DPR) is 35.49%.

TJX Companies 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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