The TJX Companies, Inc. $TJX Shares Sold by Philadelphia Trust Co.

Key Points

• Philadelphia Trust Co. reduced its stake in TJX Companies by 3.6%, selling 1,995 shares to hold a total of 53,543 shares, valued at $6.52 million.
• Several hedge funds have significantly increased their investments in TJX, with GAMMA Investing LLC raising its stake by 14,486.1%, owning nearly 2.91 million shares.
• Analysts have a consensus rating of "Buy" for TJX with a price target of $141.33, reflecting confidence in the company's growth potential.

Philadelphia Trust Co. reduced its position in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 3.6% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 53,543 shares of the apparel and home fashions retailer's stock after selling 1,995 shares during the period. Philadelphia Trust Co.'s holdings in TJX Companies were worth $6,522,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Clear Creek Financial Management LLC lifted its position in shares of TJX Companies by 1.8% in the first quarter. Clear Creek Financial Management LLC now owns 4,811 shares of the apparel and home fashions retailer's stock valued at $586,000 after acquiring an additional 83 shares in the last quarter. Salem Investment Counselors Inc. increased its holdings in shares of TJX Companies by 2.2% in the first quarter. Salem Investment Counselors Inc. now owns 3,986 shares of the apparel and home fashions retailer's stock worth $485,000 after purchasing an additional 86 shares during the last quarter. Financial Network Wealth Advisors LLC increased its holdings in shares of TJX Companies by 7.8% in the first quarter. Financial Network Wealth Advisors LLC now owns 1,207 shares of the apparel and home fashions retailer's stock worth $147,000 after purchasing an additional 87 shares during the last quarter. Amplius Wealth Advisors LLC increased its holdings in shares of TJX Companies by 4.2% in the first quarter. Amplius Wealth Advisors LLC now owns 2,324 shares of the apparel and home fashions retailer's stock worth $283,000 after purchasing an additional 93 shares during the last quarter. Finally, Aaron Wealth Advisors LLC increased its holdings in shares of TJX Companies by 0.7% in the first quarter. Aaron Wealth Advisors LLC now owns 14,156 shares of the apparel and home fashions retailer's stock worth $1,724,000 after purchasing an additional 96 shares during the last quarter. 91.09% of the stock is currently owned by hedge funds and other institutional investors.

TJX Companies Stock Performance

TJX traded up $1.37 on Tuesday, reaching $134.43. The company had a trading volume of 6,721,612 shares, compared to its average volume of 4,822,886. The TJX Companies, Inc. has a 1 year low of $111.22 and a 1 year high of $135.85. The stock has a market capitalization of $150.17 billion, a PE ratio of 31.63, a P/E/G ratio of 3.10 and a beta of 0.89. The company has a quick ratio of 0.51, a current ratio of 1.16 and a debt-to-equity ratio of 0.34. The stock has a 50-day moving average price of $126.05 and a 200-day moving average price of $125.16.

TJX Companies (NYSE:TJX - Get Free Report) last posted its quarterly earnings data on Wednesday, May 21st. The apparel and home fashions retailer reported $0.92 EPS for the quarter, beating analysts' consensus estimates of $0.90 by $0.02. The company had revenue of $13.11 billion for the quarter, compared to analyst estimates of $13.01 billion. TJX Companies had a net margin of 8.47% and a return on equity of 58.81%. TJX Companies's quarterly revenue was up 5.1% on a year-over-year basis. During the same period in the previous year, the business posted $0.93 earnings per share. TJX Companies has set its FY 2026 guidance at 4.340-4.430 EPS. Q2 2026 guidance at 0.970-1.000 EPS. As a group, research analysts forecast that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 4th. Shareholders of record on Thursday, August 14th will be given a dividend of $0.425 per share. This represents a $1.70 annualized dividend and a yield of 1.3%. The ex-dividend date is Thursday, August 14th. TJX Companies's dividend payout ratio is presently 40.00%.

Wall Street Analyst Weigh In

A number of research firms have recently commented on TJX. Morgan Stanley set a $140.00 target price on TJX Companies and gave the company an "overweight" rating in a research note on Thursday, May 22nd. Barclays reiterated an "overweight" rating and issued a $147.00 price target (up previously from $137.00) on shares of TJX Companies in a report on Thursday, May 22nd. BMO Capital Markets reiterated an "outperform" rating on shares of TJX Companies in a report on Wednesday, May 21st. Telsey Advisory Group reiterated an "outperform" rating and issued a $150.00 price target on shares of TJX Companies in a report on Wednesday, August 13th. Finally, Loop Capital set a $150.00 price target on TJX Companies and gave the company a "buy" rating in a report on Thursday, May 22nd. One investment analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Buy" and a consensus price target of $141.33.

Insiders Place Their Bets

In other TJX Companies news, Director Amy B. Lane sold 950 shares of the company's stock in a transaction dated Tuesday, June 3rd. The shares were sold at an average price of $128.09, for a total value of $121,685.50. Following the sale, the director owned 22,712 shares of the company's stock, valued at $2,909,180.08. This represents a 4.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.13% of the company's stock.

About TJX Companies

The TJX Companies, Inc, together with its subsidiaries, operates as an off-price apparel and home fashions retailer in the United States, Canada, Europe, and Australia. It operates through four segments: Marmaxx, HomeGoods, TJX Canada, and TJX International. The company sells family apparel, including footwear and accessories; home fashions, such as home basics, furniture, rugs, lighting products, giftware, soft home products, decorative accessories, tabletop, and cookware, as well as expanded pet, and gourmet food departments; jewelry and accessories; and other merchandise.