William Blair Investment Management LLC Buys New Stake in The TJX Companies, Inc. $TJX

Key Points

• William Blair Investment Management acquired 36,029 TJX shares during the second quarter, worth approximately $5.46 million. Institutional investors and hedge funds collectively own 91.09% of the company.
• TJX reported second-quarter revenue of $15.18 billion and adjusted EPS of $1.22, exceeding estimates, while raising fiscal 2027 EPS guidance to $5.15–$5.20 and its long-term store target to 7,500 locations.
• Despite a consensus “Moderate Buy” rating and average analyst price target of $173.89, concerns remain over weak Marmaxx comparable sales and below-expectation third-quarter guidance. Insiders sold roughly 130,367 shares worth $20.96 million over the past three months.

William Blair Investment Management LLC purchased a new stake in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 36,029 shares of the apparel and home fashions retailer's stock, valued at approximately $5,458,000.

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

Insider Buying and Selling

In other TJX Companies news, CEO Ernie Herrman sold 10,002 shares of the company's stock in a transaction on Friday, June 5th. The stock was sold at an average price of $160.68, for a total value of $1,607,121.36. Following the completion of the sale, the chief executive officer directly owned 514,848 shares in the company, valued at $82,725,776.64. This represents a 1.91% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Jackwyn Nemerov sold 957 shares of the firm's 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 completion of the sale, the director directly owned 802 shares of the company's stock, valued at $135,209.18. This trade represents a 54.41% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 130,367 shares of company stock worth $20,959,476 in the last three months. Company insiders own 0.15% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the stock. UBS Group restated a "buy" rating and set a $198.00 price target (up from $197.00) on shares of TJX Companies in a research report on Thursday. Truist Financial set a $190.00 price objective on TJX Companies and gave the stock a "buy" rating in a research note on Thursday, May 21st. Barclays set a $188.00 target price on TJX Companies and gave the company an "overweight" rating in a report on Thursday. Citigroup downgraded TJX Companies from a "buy" rating to a "neutral" rating and decreased their target price for the company from $182.00 to $154.00 in a research report on Thursday. Finally, Gordon Haskett reaffirmed an "accumulate" rating and issued a $155.00 price target on shares of TJX Companies in a research note on Thursday. Two research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and three have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $173.89.

Key TJX Companies News

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 Stock Performance

TJX opened at $140.58 on Monday. The firm has a market capitalization of $155.30 billion, a PE ratio of 25.99, a PEG ratio of 2.71 and a beta of 0.62. The TJX Companies, Inc. has a twelve month low of $134.74 and a twelve month high of $170.00. The firm's 50-day moving average price is $155.63 and its 200 day moving average price is $156.68. The company has a current ratio of 1.15, a quick ratio of 0.56 and a debt-to-equity ratio of 0.18.

TJX Companies (NYSE:TJX - Get Free Report) last released 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 net margin of 9.73% and a return on equity of 56.56%. The company had revenue of $15.18 billion during the quarter, compared to the consensus estimate of $15.16 billion. During the same quarter in the prior year, the firm earned $1.10 EPS. TJX Companies's quarterly revenue was up 5.4% on a year-over-year basis. 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. As a group, sell-side analysts expect that The TJX Companies, Inc. will post 5.22 EPS for the current fiscal year.

TJX Companies Announces Dividend

The business 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 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend is Thursday, August 13th. TJX Companies's dividend payout ratio (DPR) is currently 35.49%.

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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