The TJX Companies, Inc. $TJX Stake Cut by Smith Group Asset Management LLC

Key Points

• Smith Group Asset Management cut its TJX stake by 38.5% in the third quarter, selling 109,426 shares and retaining 174,901 shares valued at about $23.1 million. Institutional investors and hedge funds collectively own 91.09% of the stock.
• TJX recently exceeded quarterly expectations, reporting $1.22 in EPS versus the $1.19 consensus and $15.18 billion in revenue, up 5.4% year over year. Management reaffirmed fiscal 2027 EPS guidance of $5.15–$5.20 and declared a quarterly dividend of $0.48, yielding approximately 1.4% annually.
• Analyst sentiment remains broadly positive, with a consensus “Moderate Buy” rating and a $174.95 price target, although several firms lowered targets or ratings. Shares recently traded near $138, with a P/E ratio of 25.58, after declining despite broader market gains.

Smith Group Asset Management LLC trimmed its holdings in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) by 38.5% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 174,901 shares of the apparel and home fashions retailer's stock after selling 109,426 shares during the period. Smith Group Asset Management LLC's holdings in TJX Companies were worth $23,141,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the business. Kohmann Bosshard Financial Services LLC boosted its stake in shares of TJX Companies by 11.0% in the first quarter. Kohmann Bosshard Financial Services LLC now owns 666 shares of the apparel and home fashions retailer's stock valued at $106,000 after buying an additional 66 shares in the last quarter. HBW Advisory Services LLC raised its position in TJX Companies by 5.1% in the second quarter. HBW Advisory Services LLC now owns 1,357 shares of the apparel and home fashions retailer's stock worth $206,000 after acquiring an additional 66 shares in the last quarter. Howard Financial Services LTD. raised its position in TJX Companies by 3.5% in the second quarter. Howard Financial Services LTD. now owns 2,029 shares of the apparel and home fashions retailer's stock worth $307,000 after acquiring an additional 69 shares in the last quarter. Millstone Evans Group LLC raised its position in TJX Companies by 26.0% in the first quarter. Millstone Evans Group LLC now owns 344 shares of the apparel and home fashions retailer's stock worth $55,000 after acquiring an additional 71 shares in the last quarter. Finally, Clark Asset Management LLC lifted its holdings in TJX Companies by 4.5% in the second quarter. Clark Asset Management LLC now owns 1,648 shares of the apparel and home fashions retailer's stock valued at $250,000 after acquiring an additional 71 shares during the period. 91.09% of the stock is owned by institutional investors and hedge funds.

TJX Companies Stock Down 1.3%

TJX opened at $138.37 on Thursday. The business's fifty day moving average is $135.78 and its two-hundred day moving average is $151.36. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.56 and a current ratio of 1.15. The company has a market cap of $152.20 billion, a price-to-earnings ratio of 25.58, a PEG ratio of 2.62 and a beta of 0.56. The TJX Companies, Inc. has a one year low of $122.78 and a one year high of $170.00.

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

TJX Companies Announces Dividend

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

TJX Companies News Roundup

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

• Positive Sentiment: TJX is expected to report third-quarter results in November, with analysts forecasting a single-digit increase in earnings. The company’s current fiscal-year EPS guidance of $5.15–$5.20 and expected Q3 EPS of $1.36–$1.38 point to continued earnings growth. TJX Companies Q3 2027 Earnings: What to Expect
• Positive Sentiment: The retailer recently exceeded quarterly expectations, reporting $1.22 in EPS versus the $1.19 consensus estimate and revenue of $15.18 billion, up 5.4% year over year. Its off-price model, strong return on equity, and resilient demand continue to support the investment case. Why Is TJX Companies in Focus After a Strong Quarter?
• Neutral Sentiment: Wolfe Research initiated coverage with a “Peer Perform” rating, signaling a balanced view rather than a strong catalyst for additional gains. Wolfe Research Initiates Coverage of TJX Companies
• Neutral Sentiment: Bank of America lowered its price target to $170 from $175 but maintained a “Buy” rating. The reduced target is a modest negative, while the recommendation implies substantial potential upside from recent levels. BofA Adjusts Price Target on TJX
• Negative Sentiment: TJX shares recently decreased even as the broader market advanced, indicating possible investor profit-taking or concern that the stock’s roughly 25.6 P/E multiple already reflects much of its expected growth. No major company-specific deterioration was identified in the reports. TJX Stock Falls Amid Market Uptick

Analysts Set New Price Targets

A number of equities research analysts have commented on TJX shares. Bank of America reduced their target price on TJX Companies from $175.00 to $170.00 and set a "buy" rating for the company in a report on Tuesday. Citigroup cut shares of TJX Companies from a "buy" rating to a "neutral" rating and lowered their price target for the stock from $182.00 to $154.00 in a research note on Thursday, August 20th. Gordon Haskett downgraded shares of TJX Companies from a "buy" rating to an "accumulate" rating and set a $155.00 price target for the company. in a report on Thursday, August 20th. UBS Group reiterated a "buy" rating and issued a $198.00 price objective (up from $197.00) on shares of TJX Companies in a research note on Thursday, August 20th. Finally, Erste Group Bank downgraded shares of TJX Companies from a "buy" rating to a "hold" rating in a report on Wednesday, July 15th. Twenty-one analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $174.95.

About TJX Companies

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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