Brooks Moore & Associates Inc. acquired a new position in shares of The TJX Companies, Inc. (NYSE:TJX – Free Report) in the 2nd quarter, according to its most recent filing with the SEC. The fund acquired 9,620 shares of the apparel and home fashions retailer’s stock, valued at approximately $1,457,000.
Several other hedge funds and other institutional investors have also made changes to their positions in TJX. BlackRock Inc. acquired a new position in TJX Companies during the second quarter worth about $16,489,926,000. Bank of America Corp DE acquired a new stake in TJX Companies in the 2nd quarter valued at about $3,511,553,000. Norges Bank purchased a new position in TJX Companies in the 4th quarter worth approximately $2,211,975,000. Bank of New York Mellon Corp purchased a new position in TJX Companies in the 2nd quarter worth approximately $1,598,731,000. Finally, Primecap Management Co. CA acquired a new position in shares of TJX Companies during the 2nd quarter worth approximately $1,435,617,000. Hedge funds and other institutional investors own 91.09% of the company’s stock.
TJX Companies Stock Performance
NYSE TJX opened at $134.30 on Friday. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.15 and a quick ratio of 0.56. The company has a market cap of $148.36 billion, a P/E ratio of 24.82, a P/E/G ratio of 2.65 and a beta of 0.62. The stock has a 50-day moving average of $153.43 and a two-hundred day moving average of $156.22. The TJX Companies, Inc. has a 1-year low of $134.17 and a 1-year high of $170.00.
TJX Companies Announces Dividend
The firm 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. The ex-dividend date 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 is 35.49%.
Wall Street Analyst Weigh In
TJX has been the subject of several recent research reports. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $175.00 price target on shares of TJX Companies in a report on Tuesday. Weiss Ratings lowered TJX Companies from a “buy (b+)” rating to a “buy (b)” rating in a research note on Tuesday, July 21st. Gordon Haskett restated an “accumulate” rating and issued a $155.00 target price on shares of TJX Companies in a report on Thursday, August 20th. BTIG Research reaffirmed a “buy” rating and issued a $190.00 target price on shares of TJX Companies in a research note on Thursday, August 20th. Finally, Robert W. Baird lifted 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. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, TJX Companies presently has an average rating of “Moderate Buy” and an average price target of $172.84.
Check Out Our Latest Stock Report on TJX Companies
TJX Companies News Summary
Here are the key news stories impacting TJX Companies this week:
- Positive Sentiment: TJX’s second-quarter results exceeded expectations: comparable sales increased 4%, adjusted earnings per share rose 11% to $1.22, and management raised its full-year profit outlook. Revenue also slightly topped estimates, supporting the company’s earnings-growth narrative. TJX Beats Expectations Even As Its Biggest Division Stumbles
- Positive Sentiment: HomeGoods and TJX’s international businesses delivered stronger comparable-sales growth and helped offset weaker performance at Marmaxx. Analysts also point to margin expansion and the retailer’s resilient off-price model as continuing positives. TJX Q2 2027 Earnings Call Transcript
- Positive Sentiment: J.P. Morgan continues to rate TJX a Buy, indicating that some analysts view the recent weakness as an opportunity rather than evidence of a broken long-term investment thesis. J.P. Morgan Remains a Buy on TJX Companies
- Neutral Sentiment: Mixed retail-sector trading has made investors more selective: Kohl’s struggled despite improved guidance, while Ross Stores has outperformed. TJX’s relative resilience is constructive, but comparisons are raising expectations for continued execution. Kohl’s Falls Despite Raised Guidance
- Negative Sentiment: Marmaxx underperformed the rest of the company, prompting Jefferies to downgrade TJX to Hold from Buy with a $145 price target. The firm said the slowdown may reflect a more serious merchandising problem rather than a temporary miss, while Ross Stores continues to pull ahead. Jefferies Cuts TJX to Hold as Marmaxx Stumbles
- Negative Sentiment: The stock’s recent decline despite higher guidance signals that investors may consider TJX’s valuation demanding and expect better near-term momentum. Tariff uncertainty and the risk that Marmaxx weakness persists are additional overhangs. TJX Just Dropped 11% in a Month
Insider Buying and Selling at TJX Companies
In other 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 sale, the director directly owned 802 shares in the company, valued at approximately $135,209.18. This trade represents a 54.41% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Ernie Herrman sold 10,002 shares of TJX Companies stock in a transaction on Friday, June 5th. The shares were sold at an average price of $160.68, for a total value of $1,607,121.36. Following the completion of the transaction, the chief executive officer owned 514,848 shares of the company’s stock, valued at approximately $82,725,776.64. This trade represents a 1.91% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 130,367 shares of company stock valued at $20,959,476 in the last quarter. Corporate insiders own 0.15% of the company’s stock.
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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