The TJX Companies, Inc. $TJX Shares Acquired by WestEnd Advisors LLC

Key Points

• WestEnd Advisors increased its TJX position by 8.8% in the third quarter, holding 245,398 shares valued at approximately $32.5 million. Institutional investors and hedge funds collectively own 91.09% of the company.
• TJX reported quarterly EPS of $1.22, beating estimates by $0.03, while revenue rose 5.4% year over year to $15.18 billion. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $174.95.
• The company declared a quarterly dividend of $0.48 per share, equivalent to $1.92 annually and a 1.4% yield. Shares recently traded at $140.27, within a 52-week range of $122.78 to $170.00.

WestEnd Advisors LLC boosted its position in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) by 8.8% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 245,398 shares of the apparel and home fashions retailer's stock after purchasing an additional 19,798 shares during the quarter. WestEnd Advisors LLC's holdings in TJX Companies were worth $32,469,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the company. Danske Bank A S acquired a new position in shares of TJX Companies in the 2nd quarter valued at approximately $829,000. Man Group plc bought a new stake in TJX Companies during the 2nd quarter worth approximately $217,422,000. Sigma Planning Corp raised its holdings in TJX Companies by 82.0% during the 2nd quarter. Sigma Planning Corp now owns 20,903 shares of the apparel and home fashions retailer's stock worth $3,167,000 after buying an additional 9,417 shares during the period. Bank of America Corp DE acquired a new stake in TJX Companies during the 2nd quarter worth approximately $3,511,553,000. Finally, Sequoia Financial Advisors LLC raised its holdings in TJX Companies by 6.6% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 241,412 shares of the apparel and home fashions retailer's stock worth $36,574,000 after buying an additional 14,878 shares during the period. Institutional investors and hedge funds own 91.09% of the company's stock.

TJX Companies Stock Performance

NYSE:TJX opened at $140.27 on Wednesday. The company has a market cap of $154.29 billion, a PE ratio of 25.93 and a beta of 0.56. The TJX Companies, Inc. has a 52-week low of $122.78 and a 52-week high of $170.00. The stock has a 50-day simple moving average of $136.04 and a 200 day simple moving average of $151.46.

TJX Companies (NYSE:TJX - Get Free Report) last announced its earnings results on Wednesday, August 19th. The apparel and home fashions retailer reported $1.22 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.19 by $0.03. The firm had revenue of $15.18 billion during the quarter, compared to analyst estimates of $15.16 billion. During the same period in the prior year, the business posted $1.10 EPS. The firm's quarterly 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. On average, research analysts predict that The TJX Companies, Inc. will post 5.22 earnings per share for the current fiscal year.

TJX Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 3rd. Stockholders of record on Thursday, November 12th will be given a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Thursday, November 12th. TJX Companies's payout ratio is currently 35.49%.

Key Stories Impacting TJX Companies

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

• Positive Sentiment: Gordon Haskett raised its price target for TJX to $175, signaling confidence in the retailer’s operating outlook and potential upside. Gordon Haskett raises target for TJX Companies stock
• Positive Sentiment: TJX is benefiting from continued consumer demand for discounted merchandise. Its Marshalls banner is expanding its store footprint ahead of the holiday season, potentially supporting traffic and sales growth. TJX expands Marshalls footprint
• Neutral Sentiment: UBS’s bullish upgrade of rival Ross Stores highlights strong demand across the off-price retail category. The analysis also identifies TJX as the productivity benchmark, reinforcing its competitive position while increasing attention on whether rivals can narrow the gap. Off-price retail sector analysis
• Negative Sentiment: Bank of America lowered its TJX price target to $170 from $175, although it maintained a Buy rating. The reduction may have weighed on sentiment by suggesting somewhat less near-term upside, despite the target still implying meaningful appreciation from recent levels. BofA adjusts TJX price target
• Negative Sentiment: TJX stock fell during the latest session while the broader market moved higher, indicating company-specific profit-taking or concern that expectations and valuation remain elevated. TJX stock falls amid market uptick

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on TJX shares. 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, August 20th. Daiwa Securities Group lowered their price objective on shares of TJX Companies from $168.00 to $155.00 in a research report on Tuesday, August 25th. Wall Street Zen lowered shares of TJX Companies from a "buy" rating to a "hold" rating in a report on Saturday, August 22nd. Gordon Haskett restated an "accumulate" rating and set a $155.00 price objective on shares of TJX Companies in a report on Thursday, August 20th. Finally, Wolfe Research initiated coverage on shares of TJX Companies in a research report on Wednesday, October 21st. They issued a "peer perform" rating on the stock. Twenty-one equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $174.95.

TJX Companies Profile

The TJX Companies, Inc NYSE: TJX is an off-price retailer specializing in apparel, footwear, accessories, and home merchandise. Its stores offer branded and designer products at prices generally below those of full-price retailers, using a flexible purchasing model that allows the company to acquire merchandise from manufacturers, retailers, and other suppliers.

The company operates 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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