Sanctuary Advisors LLC Purchases Shares of 257,649 The TJX Companies, Inc. $TJX

Key Points

• Sanctuary Advisors acquired 257,649 TJX shares during the second quarter, valued at approximately $39 million. Institutional investors collectively own 91.09% of the company.
• TJX exceeded quarterly expectations with $15.18 billion in revenue and $1.22 earnings per share, while revenue rose 5.4% year over year. Management raised fiscal 2027 EPS guidance to $5.15–$5.20 and set a long-term target of 7,500 stores.
• Despite the earnings beat, weaker-than-expected Marmaxx comparable sales and below-consensus third-quarter guidance raised concerns about execution and margin pressure. Analysts remain broadly positive, with a “Moderate Buy” consensus and an average price target of $173.89.

Sanctuary Advisors LLC acquired a new stake in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) during the second quarter, according to its most recent disclosure with the SEC. The fund acquired 257,649 shares of the apparel and home fashions retailer's stock, valued at approximately $39,034,000.

Other hedge funds also recently made changes to their positions in the company. BlackRock Inc. bought a new stake in TJX Companies during the 2nd quarter worth approximately $16,489,926,000. Vanguard Group Inc. boosted its position in shares of TJX Companies by 0.8% in the fourth quarter. Vanguard Group Inc. now owns 102,733,668 shares of the apparel and home fashions retailer's stock worth $15,780,919,000 after purchasing an additional 771,882 shares during the period. Geode Capital Management LLC boosted its position in shares of TJX Companies by 2.6% in the fourth quarter. Geode Capital Management LLC now owns 27,011,104 shares of the apparel and home fashions retailer's stock worth $4,134,174,000 after purchasing an additional 673,690 shares during the period. Bank of America Corp DE increased its stake in shares of TJX Companies by 2.0% in the fourth quarter. Bank of America Corp DE now owns 25,620,925 shares of the apparel and home fashions retailer's stock worth $3,935,630,000 after purchasing an additional 495,989 shares in the last quarter. Finally, Capital International Investors increased its stake in shares of TJX Companies by 2.0% in the fourth quarter. Capital International Investors now owns 15,986,573 shares of the apparel and home fashions retailer's stock worth $2,455,911,000 after purchasing an additional 308,408 shares in the last quarter. 91.09% of the stock is currently owned by institutional investors.

TJX Companies Stock Performance

Shares of TJX stock opened at $140.58 on Monday. The TJX Companies, Inc. has a 12-month low of $134.74 and a 12-month high of $170.00. 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 business's 50 day moving average is $155.63 and its two-hundred day moving average is $156.68. The company has a market capitalization of $155.30 billion, a P/E ratio of 25.99, a P/E/G ratio of 2.71 and a beta of 0.62.

TJX Companies (NYSE:TJX - Get Free Report) last announced its quarterly earnings data on Wednesday, August 19th. The apparel and home fashions retailer reported $1.22 earnings per share for the quarter, beating analysts' consensus estimates of $1.19 by $0.03. The company had revenue of $15.18 billion for the quarter, compared to analyst estimates of $15.16 billion. TJX Companies had a return on equity of 56.56% and a net margin of 9.73%.The firm's revenue for the quarter was up 5.4% on a year-over-year basis. During the same quarter last year, the firm posted $1.10 EPS. 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. Analysts expect that The TJX Companies, Inc. will post 5.22 EPS for the current fiscal year.

TJX Companies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Thursday, August 13th will be given a $0.48 dividend. The ex-dividend date of this dividend is Thursday, August 13th. This represents a $1.92 dividend on an annualized basis and a yield of 1.4%. TJX Companies's payout ratio is presently 35.49%.

TJX Companies News Summary

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

• Positive Sentiment: TJX reported revenue of $15.18 billion and adjusted EPS of $1.22, surpassing consensus estimates of $15.16 billion and $1.19, respectively. Comparable-store sales increased 4%, while adjusted earnings rose 11% year over year. TJX beats Q2 expectations despite self-inflicted apparel slump
• Positive Sentiment: Management raised fiscal 2027 EPS guidance to $5.15–$5.20 and increased its long-term store target to 7,500 locations, supporting the company’s longer-term growth outlook. TJX outlines 7,500-store target while raising FY2027 EPS
• Positive Sentiment: Winners, Marshalls and HomeSense are reportedly gaining significant market share in Canada, while HomeGoods and international operations also provided important sources of strength. TJX says Canadian banners are gaining market share
• Neutral Sentiment: Some analysts view the post-earnings sell-off as a buying opportunity, with BTIG reaffirming a Buy rating and a $190 price target; UBS characterized the Marmaxx weakness as potentially isolated. A rare stumble at TJX has Wall Street spooked
• Negative Sentiment: Marmaxx, which includes TJ Maxx and Marshalls in the United States, delivered a disappointing comparable-sales performance. Management blamed merchandising and apparel-mix mistakes, but analysts also cited tougher off-price competition and consumer resistance to price increases. TJX blames merchandising missteps for rare US miss
• Negative Sentiment: Fiscal third-quarter guidance fell short of expectations, increasing concerns about near-term margin pressure and execution. Citi downgraded TJX to Neutral, while Wells Fargo cut its price target to $140 and assigned an Equal Weight rating. TJX Q2 beat but Marmaxx lags and Q3 guidance falls short

Analyst Ratings Changes

A number of research firms recently weighed in on TJX. Evercore restated an "outperform" rating and set a $173.00 target price on shares of TJX Companies in a research note on Thursday. Morgan Stanley set a $178.00 price target on shares of TJX Companies and gave the company an "overweight" rating in a research note on Thursday. BTIG Research restated a "buy" rating and set a $190.00 price target on shares of TJX Companies in a report on Thursday. Sanford C. Bernstein reissued an "outperform" rating on shares of TJX Companies in a research note on Thursday, May 21st. Finally, Erste Group Bank lowered shares of TJX Companies from a "buy" rating to a "hold" rating in a report on Wednesday, July 15th. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and three have given a Hold rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $173.89.

Insider Transactions at TJX Companies

In related news, Chairman Carol Meyrowitz sold 55,624 shares of TJX Companies 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 owned 201,496 shares in the company, valued at $32,974,820.40. The trade was a 21.63% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO John Klinger sold 6,235 shares of TJX Companies stock in a transaction on Friday, June 5th. The stock was sold at an average price of $160.77, for a total transaction of $1,002,400.95. Following the sale, the chief financial officer directly owned 64,257 shares of the company's stock, valued at approximately $10,330,597.89. This trade represents a 8.84% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 130,367 shares of company stock worth $20,959,476 in the last 90 days. Insiders own 0.15% of the company's stock.

TJX Companies Company 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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