Junto Capital Management LP Raises Holdings in The TJX Companies, Inc. $TJX

Key Points

• Junto Capital Management increased its TJX stake by 3.2% in the second quarter, adding 31,638 shares to own 1.01 million shares valued at approximately $152.5 million. Institutional investors collectively own 91.09% of the company.
• TJX shares were trading at $126.05, down 2.2%, near their 12-month low of $125.81 and well below the 12-month high of $170.00.
• The company beat quarterly expectations with adjusted EPS of $1.22 versus $1.19 expected and revenue of $15.18 billion, up 5.4% year over year. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $171.63.

Junto Capital Management LP raised its stake in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) by 3.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,006,356 shares of the apparel and home fashions retailer's stock after purchasing an additional 31,638 shares during the period. TJX Companies accounts for about 2.7% of Junto Capital Management LP's portfolio, making the stock its 5th biggest position. Junto Capital Management LP owned about 0.09% of TJX Companies worth $152,463,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of the stock. Coston McIsaac & Partners increased its position in shares of TJX Companies by 11.3% during 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 during the last quarter. Kohmann Bosshard Financial Services LLC lifted its position in TJX Companies by 11.0% in the first quarter. Kohmann Bosshard Financial Services LLC now owns 666 shares of the apparel and home fashions retailer's stock worth $106,000 after buying an additional 66 shares during the last quarter. HBW Advisory Services LLC lifted its position in TJX Companies by 5.1% in the second quarter. HBW Advisory Services LLC now owns 1,357 shares of the apparel and home fashions retailer's stock worth $206,000 after buying an additional 66 shares during the last quarter. Hohimer Wealth Management LLC boosted its stake in TJX Companies by 1.2% during the fourth quarter. Hohimer Wealth Management LLC now owns 5,595 shares of the apparel and home fashions retailer's stock worth $859,000 after buying an additional 66 shares during the period. Finally, Verde Capital Management increased its position in TJX Companies by 0.7% during 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 acquiring an additional 67 shares during the last quarter. 91.09% of the stock is owned by institutional investors.

TJX Companies Trading Down 2.2%

NYSE TJX opened at $126.05 on Thursday. The company's 50-day moving average price is $148.67 and its 200-day moving average price is $154.75. 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 stock has a market cap of $138.65 billion, a PE ratio of 23.30, a PEG ratio of 2.32 and a beta of 0.60. The TJX Companies, Inc. has a 12 month low of $125.81 and a 12 month high of $170.00.

TJX Companies (NYSE:TJX - Get Free Report) last posted its quarterly earnings results on Wednesday, August 19th. The apparel and home fashions retailer reported $1.22 EPS for the quarter, topping the consensus estimate of $1.19 by $0.03. TJX Companies had a net margin of 9.73% and a return on equity of 56.56%. The company had revenue of $15.18 billion for the quarter, compared to the consensus estimate of $15.16 billion. During the same quarter last year, the firm posted $1.10 EPS. The firm's 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 5.22 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the stock. Wall Street Zen downgraded shares of TJX Companies from a "buy" rating to a "hold" rating in a research note on Saturday, August 22nd. 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. Telsey Advisory Group increased their price objective on shares of TJX Companies from $175.00 to $185.00 and gave the stock an "outperform" rating in a research report on Thursday, May 21st. Evercore reissued an "outperform" rating and issued a $173.00 price objective on shares of TJX Companies in a research note on Thursday, August 20th. Finally, Gordon Haskett reaffirmed an "accumulate" rating and set a $155.00 target price on shares of TJX Companies in a research note on Thursday, August 20th. Two analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and four have issued a Hold rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $171.63.

TJX Companies Company Profile

The TJX Companies, Inc is an off-price retailer specializing in apparel and home fashions. The company sells brand-name, designer and other merchandise at prices generally below those of full-price retailers. Its product assortment includes women's, men's and children's clothing, footwear, accessories, beauty products, home furnishings, decor and other household goods.

TJX operates through a portfolio of retail banners, including T.J. Maxx, Marshalls, HomeGoods, Sierra and Homesense in the United States; Winners, HomeSense and Marshalls in Canada; and TK Maxx and Homesense in Europe and Australia.

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