Pinnbrook Capital Management LP Grows Stock Holdings in The TJX Companies, Inc. $TJX

Pinnbrook Capital Management LP raised its position in The TJX Companies, Inc. (NYSE:TJX) by 59.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 29,635 shares of the apparel and home fashions retailer’s stock after acquiring an additional 11,107 shares during the quarter. Pinnbrook Capital Management LP’s holdings in TJX Companies were worth $4,552,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Alliancebernstein L.P. boosted its stake in shares of TJX Companies by 91.6% during the 3rd quarter. Alliancebernstein L.P. now owns 6,712,226 shares of the apparel and home fashions retailer’s stock valued at $970,185,000 after purchasing an additional 3,208,458 shares in the last quarter. Corient Private Wealth LLC boosted its stake in shares of TJX Companies by 120.7% during the 2nd quarter. Corient Private Wealth LLC now owns 5,016,792 shares of the apparel and home fashions retailer’s stock valued at $620,406,000 after purchasing an additional 2,743,676 shares in the last quarter. Amundi boosted its stake in shares of TJX Companies by 22.1% during the 3rd quarter. Amundi now owns 9,725,542 shares of the apparel and home fashions retailer’s stock valued at $1,391,822,000 after purchasing an additional 1,761,281 shares in the last quarter. Mackenzie Financial Corp boosted its stake in shares of TJX Companies by 81.2% during the 3rd quarter. Mackenzie Financial Corp now owns 3,198,579 shares of the apparel and home fashions retailer’s stock valued at $462,323,000 after purchasing an additional 1,433,801 shares in the last quarter. Finally, Steadfast Capital Management LP boosted its stake in shares of TJX Companies by 198.8% during the 3rd quarter. Steadfast Capital Management LP now owns 2,053,266 shares of the apparel and home fashions retailer’s stock valued at $296,779,000 after purchasing an additional 1,366,066 shares in the last quarter. Hedge funds and other institutional investors own 91.09% of the company’s stock.

TJX Companies Trading Down 1.0%

Shares of NYSE TJX opened at $157.59 on Friday. The firm’s 50 day moving average price is $156.67 and its 200-day moving average price is $154.57. The company has a market cap of $174.26 billion, a PE ratio of 30.60, a P/E/G ratio of 3.61 and a beta of 0.64. The TJX Companies, Inc. has a 52-week low of $119.84 and a 52-week high of $165.82. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.59 and a current ratio of 1.14.

TJX Companies (NYSE:TJX) last issued its earnings results on Wednesday, May 20th. The apparel and home fashions retailer reported $1.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.02 by $0.17. The firm had revenue of $14.32 billion for the quarter, compared to the consensus estimate of $14.02 billion. TJX Companies had a net margin of 9.40% and a return on equity of 57.92%. The business’s revenue was up 9.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.92 earnings per share. 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. On average, equities research analysts expect that The TJX Companies, Inc. will post 5.12 EPS for the current fiscal year.

TJX Companies Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 4th. Stockholders of record on Thursday, May 14th will be paid a $0.48 dividend. This is a boost from TJX Companies’s previous quarterly dividend of $0.43. This represents a $1.92 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Thursday, May 14th. TJX Companies’s payout ratio is currently 37.28%.

Trending Headlines about TJX Companies

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

• Positive Sentiment: TJX delivered “very solid” Q1 results, with UBS saying the company could capture major market share as shoppers continue seeking value. TJX Delivers ‘Very Solid’ Q1 Results, May Capture Major Market Share, UBS Securities Says
• Positive Sentiment: Analysts at BTIG, Baird, and Telsey all raised price targets after the beat-and-raise quarter, signaling increased confidence in TJX’s earnings trajectory and valuation upside. TJX Companies Sees ‘No Signs Of Consumer Weakness’: Analysts
• Positive Sentiment: Management reported 6% comparable sales growth, 29% EPS growth to $1.19, and a raised FY27 outlook, while also lifting the buyback range to $2.75 billion-$3.0 billion. Price-Weary Shoppers Are Flocking To TJX In Droves
• Positive Sentiment: More commentary highlighted broad-based strength across banners and no obvious signs of consumer weakness, supporting the stock’s long-term growth story. Is TJX Companies a Buy After Their Latest Earnings Report?
• Neutral Sentiment: Some coverage noted that shares pulled back despite the strong report, likely reflecting profit-taking and tempered reaction to near-term guidance rather than a change in fundamentals. TJX Analysts Raise Their Forecasts Following Better-Than-Expected Q1 Results
• Negative Sentiment: Despite the upbeat quarter, the stock traded lower earlier in the day, suggesting investors were initially focused on cautious guidance or broader market volatility before analysts turned more constructive. TJX jumps on Q1 earnings beat, raised full-year outlook, and higher buyback target

Insider Activity

In other news, CEO Ernie Herrman sold 30,000 shares of the company’s stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $160.95, for a total value of $4,828,500.00. Following the transaction, the chief executive officer owned 479,316 shares in the company, valued at approximately $77,145,910.20. This represents a 5.89% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 0.13% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on TJX shares. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of TJX Companies in a research note on Thursday. Citigroup reaffirmed a “buy” rating and set a $182.00 target price (up from $168.00) on shares of TJX Companies in a research note on Thursday. Weiss Ratings lowered shares of TJX Companies from a “buy (a-)” rating to a “buy (b+)” rating in a research note on Friday, May 8th. JPMorgan Chase & Co. lifted their target price on shares of TJX Companies from $173.00 to $174.00 and gave the company an “overweight” rating in a research note on Monday. Finally, Telsey Advisory Group lifted 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. Three analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, TJX Companies has a consensus rating of “Buy” and an average price target of $174.58.

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.