Czech National Bank grew its holdings in shares of The TJX Companies, Inc. (NYSE:TJX – Free Report) by 4.1% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 314,757 shares of the apparel and home fashions retailer’s stock after acquiring an additional 12,326 shares during the period. Czech National Bank’s holdings in TJX Companies were worth $47,686,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also made changes to their positions in TJX. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna increased its holdings in TJX Companies by 120.3% in the fourth quarter. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna now owns 163 shares of the apparel and home fashions retailer’s stock valued at $25,000 after buying an additional 89 shares during the last quarter. Entrust Financial LLC acquired a new position in shares of TJX Companies during the fourth quarter valued at $26,000. Wilkerson Advisory Group LLC acquired a new position in TJX Companies during the 4th quarter valued at about $26,000. Imprint Wealth LLC acquired a new position in TJX Companies during the 3rd quarter valued at about $27,000. Finally, Joseph Group Capital Management bought a new position in TJX Companies in the 4th quarter worth about $27,000. Institutional investors own 91.09% of the company’s stock.
Analyst Ratings Changes
Several equities research analysts have commented on the stock. Barclays restated an “overweight” rating and issued a $190.00 price target (up from $183.00) on shares of TJX Companies in a research note on Thursday, May 21st. Erste Group Bank lowered TJX Companies from a “buy” rating to a “hold” rating in a report on Wednesday, July 15th. Evercore restated an “outperform” rating and issued a $175.00 target price on shares of TJX Companies in a research report on Thursday, May 21st. BTIG Research boosted their price target on TJX Companies from $185.00 to $190.00 and gave the stock a “buy” rating in a research report on Thursday, May 21st. Finally, Morgan Stanley reissued an “overweight” rating on shares of TJX Companies in a report on Thursday. Two research 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 currently has an average rating of “Buy” and an average target price of $177.94.
Insider Buying and Selling at TJX Companies
In related news, CFO John Klinger sold 6,235 shares of the 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 completion of the transaction, the chief financial officer owned 64,257 shares in the company, valued at $10,330,597.89. This trade represents a 8.84% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Jackwyn Nemerov sold 957 shares of the firm’s stock in a transaction dated 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 ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 130,367 shares of company stock valued at $20,959,476 in the last ninety days. Company insiders own 0.15% of the company’s stock.
TJX Companies Price Performance
NYSE TJX opened at $161.89 on Friday. The TJX Companies, Inc. has a 12 month low of $130.88 and a 12 month high of $170.00. The firm has a market capitalization of $178.84 billion, a PE ratio of 31.44, a P/E/G ratio of 3.46 and a beta of 0.62. The company’s 50 day simple moving average is $157.72 and its 200 day simple moving average is $156.73. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.14 and a quick ratio of 0.54.
TJX Companies (NYSE:TJX – Get Free Report) last released its earnings results on Wednesday, May 20th. The apparel and home fashions retailer reported $1.19 earnings per share for the quarter, topping analysts’ consensus estimates of $1.02 by $0.17. The firm had revenue of $14.32 billion during the quarter, compared to the consensus estimate of $14.02 billion. TJX Companies had a return on equity of 57.92% and a net margin of 9.40%.The firm’s revenue for the quarter was up 9.2% compared to the same quarter last year. During the same period 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. As a group, equities research analysts forecast that The TJX Companies, Inc. will post 5.17 EPS for the current fiscal year.
TJX Companies Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Thursday, August 13th will be given a $0.48 dividend. The ex-dividend date is Thursday, August 13th. This represents a $1.92 annualized dividend and a yield of 1.2%. TJX Companies’s payout ratio is 37.28%.
Key TJX Companies News
Here are the key news stories impacting TJX Companies this week:
- Positive Sentiment: TJX showed relative strength during the latest session, rising while the broader market declined. The move suggests continued investor confidence in the company’s defensive, value-oriented retail model. TJX Gains As Market Dips: What You Should Know
- Positive Sentiment: A preview of TJX’s fiscal second-quarter results points to potentially positive traffic trends, which could support sales and earnings. The company’s latest reported quarter also exceeded earnings and revenue expectations, with sales up year over year. TJX Companies Q2 Preview
- Neutral Sentiment: TJX announced that it will release fiscal second-quarter 2027 sales and earnings before the market opens on August 19, followed by a conference call with Chief Executive Officer Ernie Herrman. The report will provide an important update on traffic, sales trends, margins and guidance. TJX to Report Q2 FY27 Results
- Neutral Sentiment: Analyst estimates and ratings remain a focus for the stock. TJX is trading near its recent moving-average levels and below its 12-month high, indicating that expectations for the upcoming results are already an important factor in valuation. TJX Companies Stock: Analyst Estimates and Ratings
TJX Companies 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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