J.Safra Asset Management Corp Has $1.05 Million Holdings in The TJX Companies, Inc. $TJX

J.Safra Asset Management Corp boosted its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 78.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,805 shares of the apparel and home fashions retailer’s stock after buying an additional 2,989 shares during the period. J.Safra Asset Management Corp’s holdings in TJX Companies were worth $1,045,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna grew its holdings in shares of TJX Companies by 120.3% during 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 last quarter. Entrust Financial LLC acquired a new position in TJX Companies during the 4th quarter worth about $26,000. IMG Wealth Management Inc. grew its holdings in TJX Companies by 65.7% during the 4th 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 last quarter. Joseph Group Capital Management bought a new stake in TJX Companies during the 4th quarter worth about $27,000. Finally, Miller Global Investments LLC acquired a new stake in TJX Companies in the 4th quarter valued at about $28,000. Institutional investors own 91.09% of the company’s stock.

TJX Companies Stock Performance

TJX stock opened at $167.81 on Thursday. The TJX Companies, Inc. has a 1-year low of $119.84 and a 1-year high of $167.92. The company has a current ratio of 1.14, a quick ratio of 0.54 and a debt-to-equity ratio of 0.18. The firm has a market cap of $185.38 billion, a PE ratio of 32.58, a P/E/G ratio of 3.58 and a beta of 0.62. The business’s 50-day moving average price is $157.32 and its two-hundred day moving average price is $155.88.

TJX Companies (NYSE:TJX) last released its quarterly earnings results on Wednesday, May 20th. The apparel and home fashions retailer reported $1.19 EPS for the quarter, topping analysts’ consensus estimates of $1.02 by $0.17. TJX Companies had a return on equity of 57.92% and a net margin of 9.40%.The company had revenue of $14.32 billion for the quarter, compared to analyst estimates of $14.02 billion. During the same quarter last year, the firm posted $0.92 earnings per share. TJX Companies’s revenue was up 9.2% compared to the same quarter last year. 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. As a group, research analysts forecast that The TJX Companies, Inc. will post 5.15 earnings per share for the current year.

TJX Companies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Thursday, August 13th will be issued a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Thursday, August 13th. TJX Companies’s dividend payout ratio is 37.28%.

TJX Companies News Roundup

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

• Positive Sentiment: Wall Street commentary remained constructive, with analysts and media coverage highlighting TJX’s ability to keep gaining market share from department stores and its strong value-and-selection proposition. TJX Positioned for Continued Market Share Gains From Department Stores, UBS Says
• Positive Sentiment: The company announced a quarterly dividend of $0.48 per share, reinforcing its cash-generation profile and shareholder-friendly capital return policy. The TJX Companies, Inc. Announces Quarterly Common Stock Dividend
• Positive Sentiment: Recent reporting also pointed to stronger-than-expected comparable sales, suggesting continued demand for TJX’s off-price formats even as other retailers work through excess inventory. Will Stronger-Than-Expected Comps and New Debt Shelf Shape TJX Companies’ (TJX) Investment Narrative?
• Neutral Sentiment: Articles questioning whether TJX is a “buy” based on average analyst recommendations were largely opinion-driven and did not include a major new rating change. Is TJX (TJX) a Buy as Wall Street Analysts Look Optimistic?
• Neutral Sentiment: A recent insider sale by Chairman Carol Meyrowitz may attract some attention, but insider sales are often interpreted cautiously and do not necessarily signal a deterioration in the business. Chairman Carol Meyrowitz sold shares

Analysts Set New Price Targets

A number of brokerages recently weighed in on TJX. Wall Street Zen raised shares of TJX Companies from a “hold” rating to a “buy” rating in a report on Saturday, March 28th. JPMorgan Chase & Co. increased their price objective on TJX Companies from $173.00 to $174.00 and gave the company an “overweight” rating in a research report on Monday, May 18th. Robert W. Baird boosted their target price on TJX Companies from $172.00 to $175.00 and gave the stock an “outperform” rating in a research report on Thursday, May 21st. Wells Fargo & Company reaffirmed an “outperform” rating and set a $160.00 price target (up from $155.00) on shares of TJX Companies in a research note on Thursday, May 21st. Finally, Truist Financial set a $190.00 price objective on TJX Companies and gave the stock a “buy” rating in a research report on Thursday, May 21st. Three research analysts have rated the stock with a Strong Buy rating and twenty have given a Buy rating to the stock. According to MarketBeat, TJX Companies currently has an average rating of “Buy” and an average price target of $174.58.

Insider Buying and Selling at TJX Companies

In other news, CEO Ernie Herrman sold 10,002 shares of the business’s stock in a transaction dated 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 sale, the chief executive officer directly owned 514,848 shares in the company, valued at $82,725,776.64. The trade was a 1.91% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Chairman Carol Meyrowitz sold 55,624 shares of the stock in a transaction dated Tuesday, June 9th. The stock was sold at an average price of $163.65, for a total value of $9,102,867.60. Following the transaction, the chairman owned 201,496 shares of the company’s stock, 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 have sold 129,410 shares of company stock valued at $20,798,135 in the last 90 days. 0.13% of the stock is currently owned by company insiders.

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.