WealthShield Partners LLC Purchases Shares of 26,566 The TJX Companies, Inc. $TJX

Key Points

• WealthShield Partners acquired 26,566 TJX shares during the second quarter, valued at approximately $4.03 million. Institutional investors collectively own 91.09% of the company.
• TJX exceeded second-quarter expectations with $15.18 billion in revenue and adjusted EPS of $1.22, while comparable-store sales rose 4%. Management raised fiscal 2027 EPS guidance to $5.15–$5.20 and increased its long-term store target to 7,500 locations.
• Despite the earnings beat, weak comparable sales at the U.S. Marmaxx division and below-consensus third-quarter guidance pressured the stock and prompted some analysts to lower price targets. The consensus view remains a “Moderate Buy,” with an average price target of $173.89.

WealthShield Partners LLC acquired a new position in The TJX Companies, Inc. (NYSE:TJX - Free Report) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 26,566 shares of the apparel and home fashions retailer's stock, valued at approximately $4,025,000.

A number of other institutional investors and hedge funds have also modified their holdings of TJX. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna lifted its position in TJX Companies by 120.3% in the fourth quarter. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna now owns 163 shares of the apparel and home fashions retailer's stock worth $25,000 after purchasing an additional 89 shares during the period. Entrust Financial LLC acquired a new stake in TJX Companies during the fourth quarter worth $26,000. Wilkerson Advisory Group LLC bought a new stake in TJX Companies in the 4th quarter valued at $26,000. Joseph Group Capital Management bought a new stake in TJX Companies in the 4th quarter valued at $27,000. Finally, IMG Wealth Management Inc. raised its stake in shares of TJX Companies by 65.7% in the 4th quarter. IMG Wealth Management Inc. now owns 174 shares of the apparel and home fashions retailer's stock valued at $27,000 after buying an additional 69 shares in the last quarter. 91.09% of the stock is currently owned by institutional investors.

Trending Headlines about TJX Companies

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

• Positive Sentiment: TJX reported revenue of $15.18 billion and adjusted EPS of $1.22, surpassing consensus estimates of $15.16 billion and $1.19, respectively. Comparable-store sales increased 4%, while adjusted earnings rose 11% year over year. TJX beats Q2 expectations despite self-inflicted apparel slump
• Positive Sentiment: Management raised fiscal 2027 EPS guidance to $5.15–$5.20 and increased its long-term store target to 7,500 locations, supporting the company’s longer-term growth outlook. TJX outlines 7,500-store target while raising FY2027 EPS
• Positive Sentiment: Winners, Marshalls and HomeSense are reportedly gaining significant market share in Canada, while HomeGoods and international operations also provided important sources of strength. TJX says Canadian banners are gaining market share
• Neutral Sentiment: Some analysts view the post-earnings sell-off as a buying opportunity, with BTIG reaffirming a Buy rating and a $190 price target; UBS characterized the Marmaxx weakness as potentially isolated. A rare stumble at TJX has Wall Street spooked
• Negative Sentiment: Marmaxx, which includes TJ Maxx and Marshalls in the United States, delivered a disappointing comparable-sales performance. Management blamed merchandising and apparel-mix mistakes, but analysts also cited tougher off-price competition and consumer resistance to price increases. TJX blames merchandising missteps for rare US miss
• Negative Sentiment: Fiscal third-quarter guidance fell short of expectations, increasing concerns about near-term margin pressure and execution. Citi downgraded TJX to Neutral, while Wells Fargo cut its price target to $140 and assigned an Equal Weight rating. TJX Q2 beat but Marmaxx lags and Q3 guidance falls short

TJX Companies Trading Down 0.1%

Shares of TJX Companies stock opened at $140.58 on Friday. The TJX Companies, Inc. has a 12-month low of $134.74 and a 12-month high of $170.00. The stock has a market capitalization of $155.30 billion, a P/E ratio of 25.99, a price-to-earnings-growth ratio of 3.02 and a beta of 0.62. The company has a 50-day simple moving average of $155.63 and a 200 day simple moving average of $156.64. The company has a quick ratio of 0.54, a current ratio of 1.15 and a debt-to-equity ratio of 0.18.

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 (EPS) for the quarter, beating analysts' consensus estimates of $1.19 by $0.03. The company had revenue of $15.18 billion during the quarter, compared to analysts' expectations of $15.16 billion. TJX Companies had a net margin of 9.73% and a return on equity of 56.56%. TJX Companies's quarterly revenue was up 5.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.10 earnings per share. 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. Research analysts expect 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 declared 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. 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, August 13th. TJX Companies's payout ratio is currently 35.49%.

Analyst Upgrades and Downgrades

TJX has been the subject of a number of analyst reports. UBS Group reaffirmed a "buy" rating and set a $198.00 price objective (up from $197.00) on shares of TJX Companies in a report on Thursday. Wells Fargo & Company dropped their price target on shares of TJX Companies from $160.00 to $140.00 and set an "equal weight" rating for the company in a research report on Thursday. Barclays set a $188.00 price target on shares of TJX Companies and gave the stock an "overweight" rating in a research note on Thursday. Morgan Stanley set a $178.00 price objective on TJX Companies and gave the company an "overweight" rating in a research note on Thursday. Finally, Evercore restated an "outperform" rating and set a $173.00 target price on shares of TJX Companies in a research report on Thursday. Two equities research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, TJX Companies presently has a consensus rating of "Moderate Buy" and an average price target of $173.89.

Insiders Place Their Bets

In other TJX Companies news, Director Jackwyn Nemerov sold 957 shares of the stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $168.59, for a total value of $161,340.63. Following the transaction, the director directly owned 802 shares in the company, valued at approximately $135,209.18. This trade represents a 54.41% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO John Klinger sold 6,235 shares of the stock in a transaction on Friday, June 5th. The shares were sold at an average price of $160.77, for a total value of $1,002,400.95. Following the completion of the transaction, the chief financial officer owned 64,257 shares in the company, valued at $10,330,597.89. The trade was a 8.84% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 130,367 shares of company stock valued at $20,959,476. 0.15% of the stock is owned by corporate insiders.

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.

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