Glenview Trust Co Takes Position in The TJX Companies, Inc. $TJX

Key Points

• Glenview Trust Co. acquired a new 130,405-share stake in TJX Companies during the second quarter, valued at approximately $19.8 million. Other institutional investors also initiated positions, with institutions collectively owning 91.09% of the stock.
• TJX reported quarterly EPS of $1.22, exceeding estimates, while revenue rose 5.4% year over year to $15.18 billion. Comparable sales increased 4%, and management raised its full-year profit outlook.
• Despite strong results, insiders sold more than 130,000 shares worth roughly $21.0 million over the past three months, while analyst views remain mixed; TJX holds a “Moderate Buy” consensus rating with an average price target of $172.84.

Glenview Trust Co acquired a new stake in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 130,405 shares of the apparel and home fashions retailer's stock, valued at approximately $19,756,000.

A number of other large investors also recently bought and sold shares of the business. Concorde Asset Management LLC bought a new stake in TJX Companies during the 2nd quarter valued at $488,000. Empowered Funds LLC purchased a new position in shares of TJX Companies in the 2nd quarter valued at $37,214,000. United Capital Financial Advisors LLC bought a new position in shares of TJX Companies in the 2nd quarter worth $9,167,000. Camarda Financial Advisors LLC bought a new position in shares of TJX Companies in the 2nd quarter worth $2,964,000. Finally, Dearborn Partners LLC purchased a new stake in shares of TJX Companies during the 2nd quarter worth $8,727,000. Institutional investors own 91.09% of the company's stock.

Insider Activity at TJX Companies

In related news, Chairman Carol Meyrowitz sold 55,624 shares of the stock in a transaction that occurred on Tuesday, June 9th. The shares were sold at an average price of $163.65, for a total value of $9,102,867.60. Following the completion of the transaction, the chairman directly owned 201,496 shares of the company's stock, valued at $32,974,820.40. This trade represents a 21.63% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Ernie Herrman sold 29,549 shares of TJX Companies stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $157.46, for a total transaction of $4,652,785.54. Following the completion of the sale, the chief executive officer owned 552,850 shares of the company's stock, valued at $87,051,761. This trade represents a 5.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 130,367 shares of company stock worth $20,959,476. 0.15% of the stock is owned by insiders.

Trending Headlines about TJX Companies

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%

TJX Companies stock opened at $134.30 on Friday. The TJX Companies, Inc. has a 1-year low of $134.17 and a 1-year high of $170.00. The business has a fifty day moving average price of $153.43 and a 200-day moving average price of $156.22. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.15 and a quick ratio of 0.56. The stock has a market capitalization of $148.36 billion, a price-to-earnings ratio of 24.82, a PEG ratio of 2.65 and a beta of 0.62.

TJX Companies (NYSE:TJX - Get Free Report) last announced its earnings results on Wednesday, August 19th. The apparel and home fashions retailer reported $1.22 earnings per share (EPS) for the quarter, beating the consensus estimate 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 for the quarter, compared to analyst estimates of $15.16 billion. During the same period in the prior year, the company posted $1.10 EPS. The firm's quarterly revenue 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. Equities research analysts forecast 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. Stockholders of record on Thursday, August 13th will be issued a dividend of $0.48 per share. The ex-dividend date is Thursday, August 13th. This represents a $1.92 annualized dividend and a dividend yield of 1.4%. TJX Companies's dividend payout ratio is 35.49%.

Wall Street Analyst Weigh In

TJX has been the topic of a number of recent research reports. JPMorgan Chase & Co. raised their price objective on TJX Companies from $173.00 to $174.00 and gave the company an "overweight" rating in a research report on Monday, May 18th. Wells Fargo & Company decreased their price target on shares of 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. Barclays set a $188.00 price target on shares of TJX Companies and gave the company an "overweight" rating in a report on Thursday, August 20th. Robert W. Baird lifted their price objective on shares of TJX Companies from $172.00 to $175.00 and gave the stock an "outperform" rating in a research report on Thursday, May 21st. Finally, Erste Group Bank lowered shares of TJX Companies from a "buy" rating to a "hold" rating in a research note on Wednesday, July 15th. Two research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $172.84.

About TJX Companies

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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