51,196 Shares in The TJX Companies, Inc. $TJX Bought by Sawyer & Company Inc

Sawyer & Company Inc acquired a new stake in The TJX Companies, Inc. (NYSE:TJX) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor acquired 51,196 shares of the apparel and home fashions retailer’s stock, valued at approximately $6,774,000. TJX Companies accounts for 2.3% of Sawyer & Company Inc’s portfolio, making the stock its 10th biggest position.

Other hedge funds and other institutional investors have also modified their holdings of the company. Cetera Trust Company N.A acquired a new stake in TJX Companies in the 2nd quarter valued at $27,000. Kelly Lawrence W & Associates Inc. CA acquired a new position in TJX Companies during the second quarter worth $35,000. Cedar Mountain Advisors LLC raised its stake in TJX Companies by 47.7% during the first quarter. Cedar Mountain Advisors LLC now owns 226 shares of the apparel and home fashions retailer’s stock worth $36,000 after acquiring an additional 73 shares in the last quarter. Evergreen Advisors LLC bought a new position in shares of TJX Companies during the first quarter valued at $36,000. Finally, LifeSteps Financial Inc. bought a new position in shares of TJX Companies during the second quarter valued at $40,000. Institutional investors own 91.09% of the company’s stock.

Key Headlines Impacting TJX Companies

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

• Positive Sentiment: Strong off-price momentum: TJX’s fiscal 2027 second-quarter comparable sales rose 4%, while earnings per share increased 24% year over year. Management reported abundant merchandise supply, allowing the retailer to offer bargains and potentially take market share from full-price competitors. TJX bargain supply and store growth article
• Positive Sentiment: Analyst price-target increase: Gordon Haskett raised its target for TJX to $175, signaling continued confidence in the company’s earnings durability and defensive, value-oriented retail model. Gordon Haskett raises TJX price target
• Positive Sentiment: Favorable value comparison: A comparison with Target is focused on which retailer offers better value for investors. TJX’s stronger recent operating momentum and exposure to consumers seeking discounts support its investment case, although valuation remains an important consideration. TGT or TJX value stock comparison
• Neutral Sentiment: Executive transition: Senior Executive Vice President and Group President Kenneth Canestrari is beginning a phased retirement. The announcement is not described as an operational change, but investors may monitor succession planning and execution during the transition. TJX executive retirement announcement
• Negative Sentiment: Valuation and growth concerns: Commentary questions whether TJX’s strong long-term share-price performance is fully supported by future cash flows. Planned store-growth acceleration to 4% beginning in fiscal 2028 is encouraging, but it raises the risk that buyers may have difficulty maintaining the company’s current merchandise-sourcing advantage as the store base expands. TJX fair value and cash flow analysis

Analysts Set New Price Targets

Several brokerages have recently commented on TJX. Gordon Haskett restated an “accumulate” rating and issued a $155.00 target price on shares of TJX Companies in a research note on Thursday, August 20th. Sanford C. Bernstein reissued an “outperform” rating and set a $175.00 price target on shares of TJX Companies in a report on Tuesday, August 25th. Guggenheim set a $152.00 price target on shares of TJX Companies and gave the company a “buy” rating in a report on Monday, August 31st. Wall Street Zen cut shares of TJX Companies from a “buy” rating to a “hold” rating in a research note on Saturday, August 22nd. Finally, JPMorgan Chase & Co. raised their price objective on shares of TJX Companies from $168.00 to $171.00 and gave the stock an “overweight” rating in a report on Thursday, August 20th. Twenty-one analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, TJX Companies currently has a consensus rating of “Moderate Buy” and an average price target of $174.86.

TJX Companies Price Performance

Shares of NYSE:TJX traded down $0.35 during midday trading on Wednesday, reaching $146.64. The company’s stock had a trading volume of 1,215,014 shares, compared to its average volume of 6,080,087. The TJX Companies, Inc. has a fifty-two week low of $122.78 and a fifty-two week high of $170.00. The company has a market capitalization of $161.30 billion, a P/E ratio of 27.13, a P/E/G ratio of 2.66 and a beta of 0.56. 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 business’s fifty day simple moving average is $136.43 and its 200-day simple moving average is $149.97.

TJX Companies (NYSE:TJX) last released its quarterly 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 business had revenue of $15.18 billion during the quarter, compared to analysts’ expectations of $15.16 billion. TJX Companies had a return on equity of 56.56% and a net margin of 9.73%. The firm’s revenue for the quarter was up 5.4% compared to the same quarter last year. During the same period in the previous year, the business 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. As a group, equities research analysts expect that The TJX Companies, Inc. will post 5.22 EPS for the current fiscal year.

TJX Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 3rd. Shareholders of record on Thursday, November 12th will be given a $0.48 dividend. This represents a $1.92 annualized dividend and a yield of 1.3%. The ex-dividend date is Thursday, November 12th. TJX Companies’s dividend payout ratio (DPR) is presently 35.49%.

TJX Companies Profile

The TJX Companies, Inc (NYSE: TJX) is an off-price retailer specializing in apparel, footwear, accessories, and home merchandise. Its stores offer branded and designer products at prices generally below those of full-price retailers, using a flexible purchasing model that allows the company to acquire merchandise from manufacturers, retailers, and other suppliers.

The company operates a portfolio of retail banners, including T.J. Maxx, Marshalls, HomeGoods, Sierra, and Homesense in the United States; Winners, HomeSense, and Marshalls in Canada; and TK Maxx and Homesense in Europe and Australia.