Groupe la Francaise Buys 9,002 Shares of The TJX Companies, Inc. $TJX

Groupe la Francaise boosted its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 7.0% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 137,280 shares of the apparel and home fashions retailer’s stock after buying an additional 9,002 shares during the quarter. Groupe la Francaise’s holdings in TJX Companies were worth $21,926,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. SOA Wealth Advisors LLC. raised its holdings in TJX Companies by 4,172.2% during the 1st quarter. SOA Wealth Advisors LLC. now owns 769 shares of the apparel and home fashions retailer’s stock worth $123,000 after purchasing an additional 751 shares during the last quarter. Western Wealth Management LLC boosted its stake in shares of TJX Companies by 0.4% in the 1st quarter. Western Wealth Management LLC now owns 22,993 shares of the apparel and home fashions retailer’s stock valued at $3,672,000 after purchasing an additional 98 shares during the last quarter. Orographic Financial Advisors LLC acquired a new stake in shares of TJX Companies during the first quarter worth $6,068,000. Oddo BHF Asset Management Sas increased its position in shares of TJX Companies by 20.0% during the first quarter. Oddo BHF Asset Management Sas now owns 47,626 shares of the apparel and home fashions retailer’s stock worth $7,606,000 after buying an additional 7,936 shares during the period. Finally, Bull Harbor Capital LLC bought a new position in TJX Companies during the first quarter worth $2,028,000. Institutional investors own 91.09% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently issued reports on TJX. Telsey Advisory Group boosted their target price on shares of TJX Companies from $175.00 to $185.00 and gave the company an “outperform” rating in a report on Thursday, May 21st. Wall Street Zen upgraded TJX Companies from a “hold” rating to a “buy” rating in a report on Saturday, July 18th. Barclays reissued an “overweight” rating and issued a $190.00 price objective (up from $183.00) on shares of TJX Companies in a research report on Thursday, May 21st. BTIG Research upped their target price on TJX Companies from $185.00 to $190.00 and gave the company a “buy” rating in a research report on Thursday, May 21st. Finally, Truist Financial set a $190.00 target price on TJX Companies and gave the stock a “buy” rating in a research note on Thursday, May 21st. Two analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of $176.89.

Key Stories Impacting TJX Companies

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

• Positive Sentiment: TJX continues to receive favorable attention from Wall Street, with analyst recommendations generally supportive. However, the article notes that average brokerage ratings can be overly optimistic and should not be used alone as a buy signal. Should You Invest in TJX Based on Bullish Wall Street Views?
• Positive Sentiment: Zacks identifies TJX as a strong growth stock based on its style scores, supporting the company’s long-term growth profile and investor appeal. Why TJX Is a Strong Growth Stock
• Positive Sentiment: Historical performance coverage highlights the substantial long-term wealth creation TJX has delivered, reinforcing its reputation as a durable discount-retail compounder. TJX Ten-Year Investment Performance
• Neutral Sentiment: A comparison with Target focuses on which retailer offers better value, but does not identify a new earnings, guidance, or operating catalyst for TJX. TGT or TJX: Better Value Stock
• Neutral Sentiment: Prior results remain a fundamental support: TJX reported strong comparable-store sales, a 12.3% pretax margin, and diluted EPS of $1.14, all above plan. TJX Quarterly Results
• Negative Sentiment: The immediate pressure appears to reflect profit-taking or relative underperformance after TJX’s strong run, rather than a reported deterioration in fundamentals. Recent coverage provides no fresh negative guidance or earnings surprise.

TJX Companies Trading Down 1.4%

NYSE:TJX opened at $159.34 on Friday. 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 stock has a market capitalization of $176.02 billion, a price-to-earnings ratio of 30.94, a PEG ratio of 3.50 and a beta of 0.63. The firm has a fifty day simple moving average of $157.59 and a two-hundred day simple moving average of $156.65. The TJX Companies, Inc. has a 12 month low of $123.78 and a 12 month high of $170.00.

TJX Companies (NYSE:TJX) last announced its quarterly earnings data on Wednesday, May 20th. The apparel and home fashions retailer reported $1.19 earnings per share for the quarter, beating the consensus estimate of $1.02 by $0.17. The firm had revenue of $14.32 billion for the quarter, compared to analyst estimates of $14.02 billion. TJX Companies had a net margin of 9.40% and a return on equity of 57.92%. The business’s quarterly revenue was up 9.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $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. Analysts expect that The TJX Companies, Inc. will post 5.17 EPS for the current fiscal year.

TJX Companies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Thursday, August 13th will be paid a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Thursday, August 13th. TJX Companies’s dividend payout ratio is 37.28%.

Insider Transactions at TJX Companies

In other TJX Companies news, CFO John Klinger sold 6,235 shares of the stock in a transaction that occurred 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 transaction, the chief financial officer owned 64,257 shares in the company, valued at approximately $10,330,597.89. This represents a 8.84% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Jackwyn Nemerov sold 957 shares of the firm’s stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $168.59, for a total value of $161,340.63. Following the completion of the sale, the director directly owned 802 shares of the company’s stock, valued at $135,209.18. This trade represents a 54.41% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 130,367 shares of company stock worth $20,959,476 in the last three months. Insiders own 0.15% of the company’s stock.

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.