QRG Capital Management Inc. Increases Position in The TJX Companies, Inc. $TJX

Key Points

• QRG Capital Management increased its TJX position by 6.8% in the second quarter, bringing its holdings to 323,830 shares valued at approximately $49.1 million. Institutional investors collectively own 91.09% of the company.
• TJX recently beat quarterly earnings and revenue expectations, with EPS of $1.19 and revenue of $14.32 billion, while value-focused consumer demand, store expansion and margin gains support optimism for future results.
• Insiders have sold significant shares recently, including CEO Ernie Herrman, while TJX trades at about 29.8 times earnings. Analysts maintain a consensus “Buy” rating with an average price target of $177.94, and the company pays a quarterly dividend of $0.48 per share.

QRG Capital Management Inc. raised its holdings in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 6.8% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 323,830 shares of the apparel and home fashions retailer's stock after acquiring an additional 20,517 shares during the period. QRG Capital Management Inc.'s holdings in TJX Companies were worth $49,060,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Swiss Life Asset Management Ltd grew its holdings in TJX Companies by 9.5% in the 4th quarter. Swiss Life Asset Management Ltd now owns 373,430 shares of the apparel and home fashions retailer's stock valued at $57,363,000 after buying an additional 32,407 shares in the last quarter. Family Capital Trust Co raised its holdings in shares of TJX Companies by 1,080.0% during the 4th quarter. Family Capital Trust Co now owns 13,523 shares of the apparel and home fashions retailer's stock worth $2,077,000 after acquiring an additional 12,377 shares during the period. J.Safra Asset Management Corp raised its holdings in shares of TJX Companies by 78.3% during the 4th quarter. J.Safra Asset Management Corp now owns 6,805 shares of the apparel and home fashions retailer's stock worth $1,045,000 after acquiring an additional 2,989 shares during the period. Bluedoor Private Wealth LLC acquired a new position in shares of TJX Companies during the 4th quarter valued at about $2,559,000. Finally, BNP Paribas boosted its position in shares of TJX Companies by 346.0% during the 4th quarter. BNP Paribas now owns 11,626 shares of the apparel and home fashions retailer's stock valued at $1,786,000 after acquiring an additional 9,019 shares during the last quarter. 91.09% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting TJX Companies

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

• Positive Sentiment: Analysts expect TJX to potentially exceed quarterly expectations, with value-oriented demand, stronger traffic and margin gains providing support. The company’s prior quarter also produced an earnings and revenue beat, raising optimism ahead of the release. Is TJX Companies Positioned for a Beat in Q2 Earnings Release?
• Positive Sentiment: T.J. Maxx, TJX’s largest banner, plans to open five stores and relocate two others by the end of August. The expansion reinforces the company’s ability to grow its store base and capture demand for discounted apparel and home goods. T.J. Maxx opening 5 new stores in these 5 states in August
• Positive Sentiment: Broader retail commentary indicates consumers remain resilient but are prioritizing value and convenience—conditions that favor TJX’s off-price model. Retail ETFs: Following the Selective Consumer
• Neutral Sentiment: Positive outlooks for Ross Stores and an analyst upgrade of Five Below suggest healthy interest in discount retail, but they are peer developments rather than direct changes to TJX’s fundamentals. Ross Stores Earnings Expected to Grow
• Negative Sentiment: The upcoming earnings report remains a near-term risk: any miss against elevated expectations or cautious guidance could pressure the stock, which trades at a relatively high earnings multiple. TJX also recently lagged the broader market in an earlier session. TJX Dips More Than Broader Market

Insider Activity at TJX Companies

In other TJX Companies news, Director Jackwyn Nemerov sold 957 shares of the company's stock in a transaction 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 transaction, the director directly owned 802 shares in the company, valued at $135,209.18. This represents a 54.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Ernie Herrman sold 29,549 shares of the firm's stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $157.46, for a total value of $4,652,785.54. Following the transaction, the chief executive officer owned 552,850 shares of the company's stock, valued at approximately $87,051,761. This represents a 5.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 130,367 shares of company stock worth $20,959,476. Company insiders own 0.15% of the company's stock.

TJX Companies Stock Up 0.7%

Shares of TJX opened at $153.63 on Friday. The company's 50-day moving average price is $157.80 and its 200 day moving average price is $156.77. The TJX Companies, Inc. has a 12-month low of $132.01 and a 12-month high of $170.00. The company has a current ratio of 1.14, a quick ratio of 0.54 and a debt-to-equity ratio of 0.18. The firm has a market cap of $169.71 billion, a P/E ratio of 29.83, a price-to-earnings-growth ratio of 3.29 and a beta of 0.62.

TJX Companies (NYSE:TJX - Get Free Report) last announced its earnings results on Wednesday, May 20th. The apparel and home fashions retailer reported $1.19 earnings per share for the quarter, topping the consensus estimate of $1.02 by $0.17. TJX Companies had a net margin of 9.40% and a return on equity of 57.92%. The company had revenue of $14.32 billion during the quarter, compared to analyst estimates of $14.02 billion. During the same quarter last year, the firm posted $0.92 earnings per share. TJX Companies's revenue was up 9.2% compared to the same quarter last year. 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. On average, sell-side analysts forecast that The TJX Companies, Inc. will post 5.19 earnings per share for the current 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. The ex-dividend date of this dividend is Thursday, August 13th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 1.2%. TJX Companies's dividend payout ratio (DPR) is presently 37.28%.

Wall Street Analyst Weigh In

Several research firms recently issued reports on TJX. Morgan Stanley restated an "overweight" rating on shares of TJX Companies in a research report on Thursday, August 6th. UBS Group reiterated a "buy" rating on shares of TJX Companies in a report on Tuesday, June 9th. Wall Street Zen raised shares of TJX Companies from a "hold" rating to a "buy" rating in a research note on Saturday, July 18th. Barclays restated an "overweight" rating and set a $190.00 price target (up from $183.00) on shares of TJX Companies in a report on Thursday, May 21st. Finally, Erste Group Bank cut TJX Companies from a "buy" rating to a "hold" rating in a report on Wednesday, July 15th. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, TJX Companies currently has an average rating of "Buy" and an average target price of $177.94.

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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