HBK Sorce Advisory LLC Acquires Shares of 11,930 The TJX Companies, Inc. $TJX

HBK Sorce Advisory LLC acquired a new position in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 11,930 shares of the apparel and home fashions retailer's stock, valued at approximately $1,908,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Coston McIsaac & Partners boosted its stake in shares of TJX Companies by 11.3% in the 1st quarter. Coston McIsaac & Partners now owns 628 shares of the apparel and home fashions retailer's stock valued at $100,000 after purchasing an additional 64 shares in the last quarter. Kohmann Bosshard Financial Services LLC increased its position in TJX Companies by 11.0% during the 1st quarter. Kohmann Bosshard Financial Services LLC now owns 666 shares of the apparel and home fashions retailer's stock worth $106,000 after purchasing an additional 66 shares in the last quarter. HBW Advisory Services LLC lifted its stake in TJX Companies by 5.1% in the 2nd quarter. HBW Advisory Services LLC now owns 1,357 shares of the apparel and home fashions retailer's stock valued at $206,000 after purchasing an additional 66 shares during the last quarter. Hohimer Wealth Management LLC boosted its position in TJX Companies by 1.2% in the fourth quarter. Hohimer Wealth Management LLC now owns 5,595 shares of the apparel and home fashions retailer's stock valued at $859,000 after buying an additional 66 shares in the last quarter. Finally, Verde Capital Management boosted its position in TJX Companies by 0.7% in the fourth quarter. Verde Capital Management now owns 10,022 shares of the apparel and home fashions retailer's stock valued at $1,539,000 after buying an additional 67 shares in the last quarter. Institutional investors own 91.09% of the company's stock.

TJX Companies Trading Down 0.6%

NYSE TJX opened at $151.25 on Tuesday. The stock has a market capitalization of $167.09 billion, a P/E ratio of 29.37, a P/E/G ratio of 3.28 and a beta of 0.62. The business has a 50 day simple moving average of $157.45 and a 200 day simple moving average of $156.80. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.14 and a quick ratio of 0.54. The TJX Companies, Inc. has a one year low of $132.63 and a one year high of $170.00.

TJX Companies (NYSE:TJX - Get Free Report) last posted its quarterly earnings results on Wednesday, May 20th. The apparel and home fashions retailer reported $1.19 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.02 by $0.17. The firm had revenue of $14.32 billion for the quarter, compared to analysts' expectations of $14.02 billion. TJX Companies had a return on equity of 57.92% and a net margin of 9.40%.The company's revenue for the quarter was up 9.2% compared to the same quarter last year. During the same period in the prior year, the business earned $0.92 EPS. TJX Companies has set its FY 2027 guidance at 5.080-5.150 EPS and its Q2 2027 guidance at 1.150-1.170 EPS. Research analysts expect that The TJX Companies, Inc. will post 5.19 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. Investors of record on Thursday, August 13th will be given a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Thursday, August 13th. TJX Companies's payout ratio is presently 37.28%.

Trending Headlines about TJX Companies

Here are the key news stories impacting TJX Companies this week:

• Positive Sentiment: An investment analysis argues that TJX may offer better value than larger retailers such as Walmart and Costco, highlighting its off-price model, growth prospects and relative investment appeal. This Retail Stock May Be an Even Better Buy Than Walmart and Costco Right Now
• Positive Sentiment: Another analysis estimates TJX could be approximately 14% undervalued as its growth narrative remains intact. Analysts are projecting quarterly earnings of about $1.18 per share and revenue of roughly $15.14 billion, making the upcoming report an important test of operating momentum. TJX Companies Could Be 14% Undervalued As Growth Narrative Holds
• Positive Sentiment: TJX is also featured among retail and wholesale stocks that may benefit from potential earnings surprises, supporting the view that expectations could be favorable ahead of results. Why Investors Need to Take Advantage of These 2 Retail and Wholesale Stocks Now
• Neutral Sentiment: TJX is one of several major retailers on investors’ earnings watchlists this week, alongside Walmart, Target, Home Depot and Lowe’s. The broader retail results and management outlooks could influence sentiment across the sector. Walmart, Target, Home Depot, Fed Minutes, and More to Watch This Week
• Neutral Sentiment: A recently declared dividend provides continued shareholder support, but the announcement comes just before quarterly results, leaving investors focused primarily on earnings and guidance. TJX Companies Stock in Focus as Dividend Declaration Meets an Approaching Quarterly Report
• Negative Sentiment: Markets are approaching a volatile retail earnings period, with mixed stock futures and Federal Reserve minutes also due. That uncertainty may be encouraging some profit-taking in TJX before results, particularly given its relatively high valuation and elevated expectations. Walmart Could Swing $42.1 Billion In Value After Earnings

Analyst Ratings Changes

Several equities analysts have recently issued reports on TJX shares. Truist Financial set a $190.00 price target on shares of TJX Companies and gave the company a "buy" rating in a research note on Thursday, May 21st. Barclays reaffirmed an "overweight" rating and set a $190.00 target price (up from $183.00) on shares of TJX Companies in a report on Thursday, May 21st. Citigroup reissued a "buy" rating and issued a $182.00 price target (up from $168.00) on shares of TJX Companies in a research note on Thursday, May 21st. Erste Group Bank lowered TJX Companies from a "buy" rating to a "hold" rating in a research note on Wednesday, July 15th. Finally, Telsey Advisory Group increased their target price on shares of TJX Companies from $175.00 to $185.00 and gave the company an "outperform" rating in a research report on Thursday, May 21st. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company has a consensus rating of "Buy" and a consensus target price of $177.94.

Insider Transactions at TJX Companies

In other news, Chairman Carol Meyrowitz sold 55,624 shares of the company's stock in a transaction that occurred on Tuesday, June 9th. The stock was sold at an average price of $163.65, for a total transaction of $9,102,867.60. Following the transaction, the chairman directly owned 201,496 shares of the company's stock, valued at $32,974,820.40. This represents a 21.63% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO John Klinger sold 6,235 shares of TJX Companies stock in a transaction on Friday, June 5th. The shares were sold at an average price of $160.77, for a total transaction of $1,002,400.95. Following the completion of the sale, 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 position. The SEC filing for this sale provides additional information. Insiders sold a total of 130,367 shares of company stock valued at $20,959,476 in the last 90 days. Corporate insiders own 0.15% of the company's stock.

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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