X Square Capital LLC Takes $5.12 Million Position in The TJX Companies, Inc. $TJX

Key Points

• X Square Capital LLC acquired a new $5.12 million position in TJX Companies, purchasing 33,786 shares during the second quarter. TJX now represents 1.3% of the firm’s portfolio, while institutional investors collectively own 91.09% of the stock.
• TJX exceeded quarterly 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, shares faced pressure after weak U.S. Marmaxx comparable sales and below-expectation third-quarter guidance. Analysts remain broadly positive, with a consensus “Moderate Buy” rating and an average price target of $173.89, although insiders sold about $20.96 million of stock in the latest quarter.

X Square Capital LLC acquired a new position in The TJX Companies, Inc. (NYSE:TJX - Free Report) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 33,786 shares of the apparel and home fashions retailer's stock, valued at approximately $5,119,000. TJX Companies accounts for 1.3% of X Square Capital LLC's portfolio, making the stock its 16th biggest holding.

Several other institutional investors have also recently made changes to their positions in TJX. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna raised its stake 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 during the last quarter. Entrust Financial LLC acquired a new position in shares of TJX Companies in the 4th quarter valued at about $26,000. Wilkerson Advisory Group LLC purchased a new stake in shares of TJX Companies in the fourth quarter worth about $26,000. Joseph Group Capital Management purchased a new stake in shares of TJX Companies in the fourth quarter worth about $27,000. Finally, IMG Wealth Management Inc. grew 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 worth $27,000 after acquiring an additional 69 shares during the period. Hedge funds and other institutional investors own 91.09% of the company's stock.

Analysts Set New Price Targets

Several research analysts recently weighed in on TJX shares. UBS Group reiterated 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. Gordon Haskett restated an "accumulate" rating and issued a $155.00 price objective on shares of TJX Companies in a research report on Thursday. Truist Financial set a $190.00 price objective on shares of TJX Companies and gave the stock a "buy" rating in a research note on Thursday, May 21st. Wall Street Zen lowered shares of TJX Companies from a "buy" rating to a "hold" rating in a report on Saturday. Finally, Telsey Advisory Group boosted their target price on shares of TJX Companies from $175.00 to $185.00 and gave the company an "outperform" rating in a research note on Thursday, May 21st. Two research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and three have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $173.89.

Key Headlines Impacting 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

Insider Activity at TJX Companies

In other TJX Companies news, CFO John Klinger sold 6,235 shares of the company's stock in a transaction 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 completion of the transaction, the chief financial officer directly owned 64,257 shares in the company, valued at approximately $10,330,597.89. This represents a 8.84% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Chairman Carol Meyrowitz sold 55,624 shares of the stock in a transaction 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 transaction, 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 SEC filing for this sale provides additional information. Insiders sold a total of 130,367 shares of company stock worth $20,959,476 in the last quarter. 0.15% of the stock is owned by insiders.

TJX Companies Price Performance

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

TJX Companies (NYSE:TJX - Get Free Report) last issued its quarterly earnings results on Wednesday, August 19th. The apparel and home fashions retailer reported $1.22 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to the consensus estimate of $15.16 billion. During the same quarter in the prior year, the business posted $1.10 earnings per share. TJX Companies's revenue for the quarter 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. Sell-side analysts predict that The TJX Companies, Inc. will post 5.22 earnings per share 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 paid a $0.48 dividend. The ex-dividend date of this dividend is Thursday, August 13th. This represents a $1.92 dividend on an annualized basis and a yield of 1.4%. TJX Companies's dividend payout ratio (DPR) is currently 35.49%.

About TJX Companies

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source