The TJX Companies, Inc. $TJX Shares Sold by Thornburg Investment Management Inc.

Key Points

• Thornburg Investment Management trimmed its TJX stake by 5.4% in the fourth quarter, selling 14,816 shares and leaving it with 260,571 shares valued at about $40.0 million.
• TJX reported better-than-expected quarterly results, with EPS of $1.19 versus the $1.02 consensus and revenue of $14.32 billion, up 9.2% year over year.
• The company also declared a quarterly dividend of $0.48 per share, while analysts remain largely bullish with a consensus Buy rating and average price target of $174.58.

Thornburg Investment Management Inc. reduced its position in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 5.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 260,571 shares of the apparel and home fashions retailer's stock after selling 14,816 shares during the period. Thornburg Investment Management Inc.'s holdings in TJX Companies were worth $40,026,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in TJX. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna lifted its stake in shares of TJX Companies by 120.3% in the 4th quarter. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna now owns 163 shares of the apparel and home fashions retailer's stock valued at $25,000 after purchasing an additional 89 shares during the period. Dogwood Wealth Management LLC raised its position in TJX Companies by 102.2% during the third quarter. Dogwood Wealth Management LLC now owns 182 shares of the apparel and home fashions retailer's stock worth $26,000 after acquiring an additional 92 shares during the period. Entrust Financial LLC acquired a new position in TJX Companies during the fourth quarter worth $26,000. Wilkerson Advisory Group LLC acquired a new position in TJX Companies during the fourth quarter worth $26,000. Finally, GGM Financials LLC acquired a new position in TJX Companies during the third quarter worth $27,000. 91.09% of the stock is currently owned by institutional investors and hedge funds.

TJX Companies Trading Up 0.0%

Shares of TJX opened at $168.42 on Monday. 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 TJX Companies, Inc. has a 12-month low of $119.84 and a 12-month high of $170.00. The firm has a 50-day moving average price of $157.61 and a 200 day moving average price of $156.13. The firm has a market capitalization of $186.05 billion, a P/E ratio of 32.70, a P/E/G ratio of 3.65 and a beta of 0.62.

TJX Companies (NYSE:TJX - Get Free Report) last announced its quarterly earnings data on Wednesday, May 20th. The apparel and home fashions retailer reported $1.19 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.02 by $0.17. TJX Companies had a net margin of 9.40% and a return on equity of 57.92%. The firm had revenue of $14.32 billion during the quarter, compared to analyst estimates of $14.02 billion. During the same quarter in the prior year, the firm posted $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. Sell-side analysts forecast that The TJX Companies, Inc. will post 5.17 EPS for the current year.

TJX Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Thursday, August 13th will be issued 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 dividend yield of 1.1%. TJX Companies's dividend payout ratio is currently 37.28%.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on TJX shares. Citigroup restated a "buy" rating and set a $182.00 price objective (up from $168.00) on shares of TJX Companies in a research report on Thursday, May 21st. Sanford C. Bernstein restated an "outperform" rating on shares of TJX Companies in a research report on Thursday, May 21st. Wells Fargo & Company restated an "outperform" rating and set a $160.00 price objective (up from $155.00) on shares of TJX Companies in a research report on Thursday, May 21st. Robert W. Baird upped their price objective on shares of TJX Companies from $172.00 to $175.00 and gave the stock an "outperform" rating in a research report on Thursday, May 21st. Finally, JPMorgan Chase & Co. upped their price objective on shares of TJX Companies from $173.00 to $174.00 and gave the stock an "overweight" rating in a research report on Monday, May 18th. Three investment analysts have rated the stock with a Strong Buy rating and twenty have given a Buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Buy" and a consensus target price of $174.58.

TJX Companies News Roundup

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

• Positive Sentiment: Analyst coverage remained constructive, including Erste Group raising earnings estimates for FY2027 and FY2028, adding to expectations that TJX can continue delivering solid profit growth.
• Positive Sentiment: Recent articles pointed to TJX hitting a 52-week high, supported by strong customer traffic, off-price demand, and global expansion, which can fuel investor confidence in continued momentum.
• Positive Sentiment: The company’s quarterly dividend announcement underscores a steady cash-return profile and may appeal to income-oriented investors.
• Neutral Sentiment: Several headlines described TJX as a strong momentum or growth stock, but these were largely commentary pieces rather than new fundamental developments.
• Neutral Sentiment: Director Jackwyn Nemerov’s sale of TJX shares and Chairman Carol Meyrowitz’s larger share sale may draw attention, but insider selling does not necessarily indicate a change in business fundamentals.
• Negative Sentiment: Some coverage noted ongoing risks from costs and the broader macroeconomic environment, which could pressure margins if conditions weaken.

Insider Activity

In related news, Director Jackwyn Nemerov sold 957 shares of the company's stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $168.59, for a total value of $161,340.63. Following the completion of the sale, the director owned 802 shares of the company's stock, valued at approximately $135,209.18. This represents a 54.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Chairman Carol Meyrowitz sold 55,624 shares of the company's stock in a transaction dated Tuesday, June 9th. The shares were sold at an average price of $163.65, for a total transaction of $9,102,867.60. Following the completion of the sale, the chairman directly owned 201,496 shares of the company's stock, valued at $32,974,820.40. This represents a 21.63% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 130,367 shares of company stock worth $20,959,476. Company insiders own 0.13% of the company's stock.

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.

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.