AssuredPartners Investment Advisors LLC purchased a new stake in The TJX Companies, Inc. (NYSE:TJX - Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 19,247 shares of the apparel and home fashions retailer's stock, valued at approximately $2,916,000.

• TJX Companies Stock Drop Sets Up Buy Signal as Analysts Stay Bullish

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new stake in shares of TJX Companies during the second quarter worth $16,489,926,000. Norges Bank acquired a new position in shares of TJX Companies in the fourth quarter valued at about $2,211,975,000. Bank of New York Mellon Corp bought a new position in TJX Companies during the second quarter worth about $1,598,731,000. Deutsche Bank AG bought a new position in TJX Companies during the second quarter worth about $866,901,000. Finally, Diamant Asset Management Inc. raised its stake in TJX Companies by 15,998.0% in the 1st quarter. Diamant Asset Management Inc. now owns 3,779,983 shares of the apparel and home fashions retailer's stock worth $603,663,000 after purchasing an additional 3,756,502 shares in the last quarter. 91.09% of the stock is owned by institutional investors and hedge funds.

Key TJX Companies News

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

• Positive Sentiment: TJX reported second-quarter adjusted EPS of $1.22, above the roughly $1.19 analyst consensus, while sales rose 5.4% year over year to $15.18 billion. Consolidated comparable sales increased 4%, margins improved and management raised its fiscal 2027 adjusted EPS outlook to $5.15-$5.20. TJX Q2 FY27 Results
• Positive Sentiment: Management raised its long-term store target to approximately 7,500 locations and highlighted stronger comparable-sales trends at HomeGoods, Canada and International operations. Several analysts, including BTIG and Gordon Haskett, maintained bullish or positive ratings, arguing that the selloff could create an attractive entry point. Analyst view on TJX
• Neutral Sentiment: Analysts are divided on the outlook. UBS views the Marmaxx weakness as largely isolated and sees a favorable setup if execution improves, while Wells Fargo lowered its price target to $140 and Citi downgraded TJX to Neutral because the stock’s valuation leaves less room for operational disappointment. Citi downgrade
• Negative Sentiment: Marmaxx, which includes TJ Maxx and Marshalls and represents TJX’s largest division, posted only 1% comparable-sales growth, well below the 6%-7% gains elsewhere. Management attributed the shortfall to merchandise-mix and execution mistakes, but analysts also cited tougher competition and consumers’ resistance to further price increases. TJX merchandising missteps
• Negative Sentiment: Investors questioned the quality of the earnings beat because second-quarter results included an estimated $0.14-per-share benefit from tariff refunds. The market also reacted negatively to cautious near-term guidance and concerns that weakening consumer spending could pressure future growth. Rising bond yields, oil prices and renewed inflation fears added to the selling pressure across retailers. TJX earnings reaction

Insiders Place Their Bets

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In other news, Director Jackwyn Nemerov sold 957 shares of the business's stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $168.59, for a total transaction of $161,340.63. Following the completion of the transaction, the director owned 802 shares of the company's stock, valued at approximately $135,209.18. The trade was a 54.41% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO John Klinger sold 6,235 shares of the company's stock in a transaction on Friday, June 5th. The stock was sold at an average price of $160.77, for a total value of $1,002,400.95. Following the sale, the chief financial officer owned 64,257 shares of the company's stock, valued at approximately $10,330,597.89. This represents a 8.84% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 130,367 shares of company stock worth $20,959,476. 0.15% of the stock is owned by company insiders.

TJX Companies Price Performance

TJX stock opened at $140.76 on Friday. The company's 50-day moving average price is $156.18 and its two-hundred day moving average price is $156.75. The firm has a market cap of $155.50 billion, a P/E ratio of 26.02, a P/E/G ratio of 3.12 and a beta of 0.62. 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 12 month low of $134.74 and a 12 month high of $170.00.

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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 for the quarter, topping analysts' consensus estimates of $1.19 by $0.03. The company had revenue of $15.18 billion during the quarter, compared to the consensus estimate of $15.16 billion. TJX Companies had a net margin of 9.73% and a return on equity of 56.56%. The firm's quarterly revenue was up 5.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.10 EPS. 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. On average, analysts anticipate that The TJX Companies, Inc. will post 5.18 earnings per share for the current fiscal year.

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 paid a dividend of $0.48 per share. The ex-dividend date is Thursday, August 13th. This represents a $1.92 annualized dividend and a yield of 1.4%. TJX Companies's dividend payout ratio is presently 37.28%.

Analyst Ratings Changes

TJX has been the subject of a number of recent research reports. Citigroup downgraded shares of TJX Companies from a "buy" rating to a "neutral" rating and cut their price objective for the company from $182.00 to $154.00 in a report on Thursday. BTIG Research reiterated a "buy" rating and issued a $190.00 price target on shares of TJX Companies in a research report on Thursday. Wells Fargo & Company cut their price target on TJX Companies from $160.00 to $140.00 and set an "equal weight" rating for the company in a research note on Thursday. Wall Street Zen raised TJX Companies from a "hold" rating to a "buy" rating in a research report on Saturday, July 18th. Finally, Evercore restated an "outperform" rating and set a $173.00 price objective on shares of TJX Companies in a research note on Thursday. Two equities research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $173.89.

Check Out Our Latest Stock Analysis on TJX Companies

TJX Companies Profile

(Free Report)

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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