Trillium Asset Management LLC purchased a new stake in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 388,513 shares of the apparel and home fashions retailer's stock, valued at approximately $58,860,000. TJX Companies makes up approximately 1.8% of Trillium Asset Management LLC's investment portfolio, making the stock its 9th biggest position.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in TJX. Brighton Jones LLC lifted its position in TJX Companies by 113.7% during the fourth quarter. Brighton Jones LLC now owns 15,039 shares of the apparel and home fashions retailer's stock valued at $1,817,000 after buying an additional 8,002 shares during the period. Revolve Wealth Partners LLC grew its position in shares of TJX Companies by 12.1% in the 4th quarter. Revolve Wealth Partners LLC now owns 2,172 shares of the apparel and home fashions retailer's stock worth $262,000 after buying an additional 235 shares during the period. Bison Wealth LLC grew its position in shares of TJX Companies by 32.9% in the 4th quarter. Bison Wealth LLC now owns 3,856 shares of the apparel and home fashions retailer's stock worth $466,000 after buying an additional 955 shares during the period. United Bank increased its stake in shares of TJX Companies by 7.6% in the 2nd quarter. United Bank now owns 16,298 shares of the apparel and home fashions retailer's stock worth $2,013,000 after acquiring an additional 1,155 shares in the last quarter. Finally, Schnieders Capital Management LLC. bought a new position in shares of TJX Companies in the 2nd quarter worth about $244,000. 91.09% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling at TJX Companies
In related news, Chairman Carol Meyrowitz sold 55,624 shares of the business's stock in a transaction that occurred on 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 in the company, valued at approximately $32,974,820.40. The trade was a 21.63% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO John Klinger sold 6,235 shares of the company's stock in a transaction that occurred 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 approximately $10,330,597.89. This represents a 8.84% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 130,367 shares of company stock worth $20,959,476 over the last quarter. Company insiders own 0.15% of the company's stock.
Key TJX Companies News
Here are the key news stories impacting TJX Companies this week:
- Positive Sentiment: TJX reported second-quarter adjusted EPS of $1.22, above the roughly $1.19 analyst consensus, while sales rose 5.4% year over year to $15.18 billion. Consolidated comparable sales increased 4%, margins improved and management raised its fiscal 2027 adjusted EPS outlook to $5.15-$5.20. TJX Q2 FY27 Results
- Positive Sentiment: Management raised its long-term store target to approximately 7,500 locations and highlighted stronger comparable-sales trends at HomeGoods, Canada and International operations. Several analysts, including BTIG and Gordon Haskett, maintained bullish or positive ratings, arguing that the selloff could create an attractive entry point. Analyst view on TJX
- Neutral Sentiment: Analysts are divided on the outlook. UBS views the Marmaxx weakness as largely isolated and sees a favorable setup if execution improves, while Wells Fargo lowered its price target to $140 and Citi downgraded TJX to Neutral because the stock’s valuation leaves less room for operational disappointment. Citi downgrade
- Negative Sentiment: Marmaxx, which includes TJ Maxx and Marshalls and represents TJX’s largest division, posted only 1% comparable-sales growth, well below the 6%-7% gains elsewhere. Management attributed the shortfall to merchandise-mix and execution mistakes, but analysts also cited tougher competition and consumers’ resistance to further price increases. TJX merchandising missteps
- Negative Sentiment: Investors questioned the quality of the earnings beat because second-quarter results included an estimated $0.14-per-share benefit from tariff refunds. The market also reacted negatively to cautious near-term guidance and concerns that weakening consumer spending could pressure future growth. Rising bond yields, oil prices and renewed inflation fears added to the selling pressure across retailers. TJX earnings reaction
Analyst Ratings Changes
TJX has been the topic of several research reports. JPMorgan Chase & Co. boosted their price objective on shares of TJX Companies from $173.00 to $174.00 and gave the stock an "overweight" rating in a research note on Monday, May 18th. UBS Group reaffirmed a "buy" rating and set a $198.00 target price (up from $197.00) on shares of TJX Companies in a research note on Thursday. Wall Street Zen upgraded shares of TJX Companies from a "hold" rating to a "buy" rating in a report on Saturday, July 18th. Erste Group Bank cut TJX Companies from a "buy" rating to a "hold" rating in a research report on Wednesday, July 15th. Finally, Sanford C. Bernstein restated an "outperform" rating on shares of TJX Companies in a research note on Thursday, May 21st. Two research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $173.89.
Check Out Our Latest Report on TJX
TJX Companies Stock Performance
TJX stock opened at $140.76 on Friday. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.15 and a quick ratio of 0.54. The TJX Companies, Inc. has a 1 year low of $134.74 and a 1 year high of $170.00. The company has a market cap of $155.50 billion, a P/E ratio of 26.02, a price-to-earnings-growth ratio of 3.12 and a beta of 0.62. The stock's fifty day moving average price is $156.18 and its 200-day moving average price is $156.75.
TJX Companies (NYSE:TJX - Get Free Report) last posted its quarterly earnings data on Wednesday, August 19th. The apparel and home fashions retailer reported $1.22 EPS for the quarter, beating analysts' consensus estimates 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 during the quarter, compared to analysts' expectations of $15.16 billion. During the same quarter in the prior year, the business earned $1.10 earnings per share. TJX Companies's revenue for the quarter 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, equities analysts forecast that The TJX Companies, Inc. will post 5.18 earnings per share for the current year.
TJX Companies Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Thursday, August 13th will be given a dividend of $0.48 per share. The ex-dividend date of this dividend is Thursday, August 13th. This represents a $1.92 annualized dividend and a dividend yield of 1.4%. TJX Companies's dividend payout ratio is presently 37.28%.
About TJX Companies
(
Free Report)
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.
Further Reading
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