Wealth Enhancement Advisory Services LLC Buys 198,368 Shares of The TJX Companies, Inc. $TJX

Key Points

• Wealth Enhancement Advisory Services increased its TJX stake by 20%, purchasing 198,368 shares to bring its holdings to 1.19 million shares valued at approximately $171.8 million. Institutional investors collectively own 91.09% of the company.
• TJX reported quarterly adjusted earnings of $1.19 per share and revenue of $14.32 billion, exceeding analyst expectations, while revenue rose 9.2% year over year. The company also declared a quarterly dividend of $0.48 per share, yielding about 1.2% annually.
• Analysts maintain a broadly positive outlook, with a consensus “Buy” rating and an average price target of $177.94 versus the stock’s reported price of $153.63. However, the CEO and CFO were among insiders who sold shares recently, and the stock’s relatively high valuation leaves it vulnerable to an earnings or guidance disappointment.

Wealth Enhancement Advisory Services LLC raised its stake in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) by 20.0% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,188,743 shares of the apparel and home fashions retailer's stock after buying an additional 198,368 shares during the quarter. Wealth Enhancement Advisory Services LLC owned about 0.11% of TJX Companies worth $171,838,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of TJX. BayBridge Capital Group LLC increased its stake in TJX Companies by 1.1% in the second quarter. BayBridge Capital Group LLC now owns 12,161 shares of the apparel and home fashions retailer's stock valued at $1,842,000 after purchasing an additional 136 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its position in shares of TJX Companies by 6.7% during the second quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 68,821 shares of the apparel and home fashions retailer's stock worth $10,426,000 after purchasing an additional 4,338 shares in the last quarter. Accurate Wealth Management LLC grew its holdings in shares of TJX Companies by 12.1% in the 2nd quarter. Accurate Wealth Management LLC now owns 7,876 shares of the apparel and home fashions retailer's stock valued at $1,192,000 after buying an additional 847 shares during the period. QRG Capital Management Inc. grew its holdings in shares of TJX Companies by 6.8% in the 2nd quarter. QRG Capital Management Inc. now owns 323,830 shares of the apparel and home fashions retailer's stock valued at $49,060,000 after buying an additional 20,517 shares during the period. Finally, Hendley & Co. Inc. increased its position in shares of TJX Companies by 566.4% in the 2nd quarter. Hendley & Co. Inc. now owns 22,591 shares of the apparel and home fashions retailer's stock valued at $3,423,000 after buying an additional 19,201 shares in the last quarter. 91.09% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, CFO John Klinger sold 6,235 shares of TJX Companies stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $160.77, for a total value of $1,002,400.95. Following the sale, the chief financial officer owned 64,257 shares of the company's stock, valued at approximately $10,330,597.89. The trade was a 8.84% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Ernie Herrman sold 29,549 shares of the company's stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $157.46, for a total value of $4,652,785.54. Following the sale, the chief executive officer owned 552,850 shares in the company, valued at $87,051,761. The trade was a 5.07% decrease in their position. 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 90 days. 0.15% of the stock is currently owned by insiders.

TJX Companies Price Performance

NYSE TJX opened at $153.63 on Friday. The firm's 50 day moving average is $157.80 and its 200-day moving average is $156.77. 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 company has a market capitalization of $169.71 billion, a PE ratio of 29.83, a price-to-earnings-growth ratio of 3.29 and a beta of 0.62. The TJX Companies, Inc. has a 12-month low of $132.01 and a 12-month high of $170.00.

TJX Companies (NYSE:TJX - Get Free Report) last announced its earnings results on Wednesday, May 20th. The apparel and home fashions retailer reported $1.19 EPS for the quarter, topping the consensus estimate of $1.02 by $0.17. The business had revenue of $14.32 billion during the quarter, compared to analysts' expectations of $14.02 billion. TJX Companies had a net margin of 9.40% and a return on equity of 57.92%. The firm's revenue was up 9.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.92 earnings per share. 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 research analysts anticipate that The TJX Companies, Inc. will post 5.19 earnings per share for the current fiscal year.

TJX Companies Dividend Announcement

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

Key Stories Impacting TJX Companies

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

Wall Street Analyst Weigh In

Several analysts recently commented on the company. Barclays reaffirmed an "overweight" rating and set a $190.00 price objective (up from $183.00) on shares of TJX Companies in a research note on Thursday, May 21st. Robert W. Baird increased their price target on TJX Companies from $172.00 to $175.00 and gave the stock an "outperform" rating in a report on Thursday, May 21st. Sanford C. Bernstein reaffirmed an "outperform" rating on shares of TJX Companies in a research report on Thursday, May 21st. BTIG Research lifted their price objective on TJX Companies from $185.00 to $190.00 and gave the company a "buy" rating in a report on Thursday, May 21st. Finally, Erste Group Bank lowered TJX Companies from a "buy" rating to a "hold" rating in a research report on Wednesday, July 15th. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat.com, TJX Companies has a consensus rating of "Buy" and an average price target of $177.94.

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.

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