The TJX Companies, Inc. $TJX Shares Acquired by Hendley & Co. Inc.

Key Points

• Hendley & Co. increased its TJX Companies position by 566.4% in the second quarter, purchasing 19,201 additional shares for a total of 22,591 shares valued at $3.42 million. Institutional investors and hedge funds collectively own 91.09% of TJX.
• Analysts maintain a bullish view, with a consensus “Buy” rating and an average price target of $177.94, above TJX’s reported opening price of $153.63.
• TJX exceeded quarterly earnings and revenue expectations, reporting $1.19 in earnings per share and $14.32 billion in revenue, while declaring a quarterly dividend of $0.48 per share. Company insiders, however, sold roughly $21 million of stock over the past 90 days.

Hendley & Co. Inc. increased its position in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) by 566.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,591 shares of the apparel and home fashions retailer's stock after purchasing an additional 19,201 shares during the period. TJX Companies accounts for about 1.2% of Hendley & Co. Inc.'s investment portfolio, making the stock its 28th largest holding. Hendley & Co. Inc.'s holdings in TJX Companies were worth $3,423,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in TJX. Norges Bank bought a new stake in TJX Companies in the fourth quarter worth about $2,211,975,000. Diamant Asset Management Inc. grew its stake in shares of TJX Companies by 15,998.0% in the 1st quarter. Diamant Asset Management Inc. now owns 3,779,983 shares of the apparel and home fashions retailer's stock worth $603,663,000 after purchasing an additional 3,756,502 shares during the last quarter. Corient Private Wealth LLC raised its holdings in shares of TJX Companies by 120.7% in the 2nd quarter. Corient Private Wealth LLC now owns 5,016,792 shares of the apparel and home fashions retailer's stock worth $620,406,000 after purchasing an additional 2,743,676 shares in the last quarter. Amundi raised its holdings in shares of TJX Companies by 22.1% in the 3rd quarter. Amundi now owns 9,725,542 shares of the apparel and home fashions retailer's stock worth $1,391,822,000 after purchasing an additional 1,761,281 shares in the last quarter. Finally, AQR Capital Management LLC lifted its stake in TJX Companies by 57.3% during the fourth quarter. AQR Capital Management LLC now owns 4,814,467 shares of the apparel and home fashions retailer's stock valued at $739,550,000 after purchasing an additional 1,753,155 shares during the last quarter. 91.09% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. Truist Financial set a $190.00 price objective on TJX Companies and gave the stock 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 research report on Thursday, May 21st. Morgan Stanley reiterated an "overweight" rating on shares of TJX Companies in a research report on Thursday, August 6th. JPMorgan Chase & Co. lifted their price target on TJX Companies from $173.00 to $174.00 and gave the stock an "overweight" rating in a research note on Monday, May 18th. Finally, Weiss Ratings downgraded TJX Companies from a "buy (b+)" rating to a "buy (b)" rating in a report on Tuesday, July 21st. Two 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's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Buy" and an average target price of $177.94.

Insider Activity at TJX Companies

In other TJX Companies news, Chairman Carol Meyrowitz sold 55,624 shares of the 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 sale, the chairman owned 201,496 shares in the company, valued at $32,974,820.40. This represents a 21.63% decrease in their position. The transaction was disclosed in a 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 shares were 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 $10,330,597.89. This trade represents a 8.84% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 130,367 shares of company stock valued at $20,959,476. Company insiders own 0.15% of the company's stock.

TJX Companies Price Performance

TJX opened at $153.63 on Friday. The TJX Companies, Inc. has a 12-month low of $132.01 and a 12-month high of $170.00. The company has a quick ratio of 0.54, a current ratio of 1.14 and a debt-to-equity ratio of 0.18. The firm has a market capitalization of $169.71 billion, a P/E ratio of 29.83, a PEG ratio of 3.29 and a beta of 0.62. The stock has a fifty day moving average of $157.80 and a 200-day moving average of $156.77.

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 for the quarter, beating the consensus estimate of $1.02 by $0.17. TJX Companies had a return on equity of 57.92% and a net margin of 9.40%.The firm had revenue of $14.32 billion for the quarter, compared to analyst estimates of $14.02 billion. During the same period in the previous year, the firm earned $0.92 earnings per share. TJX Companies's quarterly revenue was up 9.2% on a year-over-year basis. 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. Equities analysts forecast that The TJX Companies, Inc. will post 5.19 EPS for the current fiscal year.

TJX Companies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Thursday, August 13th will be issued a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Thursday, August 13th. TJX Companies's dividend payout ratio (DPR) is currently 37.28%.

Key TJX Companies News

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

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source