Grandfield & Dodd LLC Makes New $3.47 Million Investment in The TJX Companies, Inc. $TJX

Grandfield & Dodd LLC bought a new position in shares of The TJX Companies, Inc. (NYSE:TJX) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 22,900 shares of the apparel and home fashions retailer’s stock, valued at approximately $3,469,000.

A number of other large investors also recently modified their holdings of TJX. Coston McIsaac & Partners increased its holdings in shares of TJX Companies by 11.3% in the first quarter. Coston McIsaac & Partners now owns 628 shares of the apparel and home fashions retailer’s stock valued at $100,000 after purchasing an additional 64 shares in the last quarter. Kohmann Bosshard Financial Services LLC lifted its holdings in TJX Companies by 11.0% during the 1st quarter. Kohmann Bosshard Financial Services LLC now owns 666 shares of the apparel and home fashions retailer’s stock worth $106,000 after buying an additional 66 shares in the last quarter. HBW Advisory Services LLC lifted its holdings in TJX Companies by 5.1% during the 2nd quarter. HBW Advisory Services LLC now owns 1,357 shares of the apparel and home fashions retailer’s stock worth $206,000 after buying an additional 66 shares in the last quarter. Hohimer Wealth Management LLC boosted its position in TJX Companies by 1.2% in the 4th quarter. Hohimer Wealth Management LLC now owns 5,595 shares of the apparel and home fashions retailer’s stock valued at $859,000 after buying an additional 66 shares during the last quarter. Finally, Verde Capital Management boosted its position in TJX Companies by 0.7% in the 4th quarter. Verde Capital Management now owns 10,022 shares of the apparel and home fashions retailer’s stock valued at $1,539,000 after buying an additional 67 shares during the last quarter. 91.09% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on TJX shares. BTIG Research boosted their target price on TJX Companies from $185.00 to $190.00 and gave the stock a “buy” rating in a research report on Thursday, May 21st. Weiss Ratings cut TJX Companies from a “buy (b+)” rating to a “buy (b)” rating in a report on Tuesday, July 21st. Wall Street Zen upgraded TJX Companies from a “hold” rating to a “buy” rating in a research report on Saturday, July 18th. UBS Group reissued a “buy” rating on shares of TJX Companies in a report on Tuesday, June 9th. Finally, Morgan Stanley restated an “overweight” rating on shares of TJX Companies in a research report on Thursday, August 6th. Two analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $177.94.

More TJX Companies News

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

• Positive Sentiment: Unusually heavy call-option buying points to bullish positioning ahead of earnings. Traders purchased 37,301 TJX call options, roughly 437% above the typical daily volume of 6,950 contracts. This may be contributing to increased interest in the shares, although options activity is speculative and does not guarantee a positive earnings reaction.
• Positive Sentiment: Analysts expect second-quarter earnings of approximately $1.19 per share, up from $1.10 a year earlier. The company’s latest quarterly report also showed strong momentum, with earnings and revenue exceeding consensus estimates and sales increasing 9.2% year over year.
• Positive Sentiment: Brokerages maintain a consensus “Buy” rating, while recent investor commentary has characterized TJX as an attractive value-oriented retail stock relative to larger retailers. TJX consensus Buy rating
• Positive Sentiment: Marshalls, a TJX banner, launched a fall fashion campaign with Brenda Song. The promotion could support seasonal traffic and brand engagement, although its direct financial impact is uncertain. Marshalls fall fashion campaign
• Neutral Sentiment: Investors are comparing TJX with Dollar General on valuation and earnings prospects, but the articles do not establish a decisive change to TJX’s outlook. DG versus TJX value comparison
• Negative Sentiment: TJX trades at a relatively elevated valuation, with a price-to-earnings ratio near 29, making the stock vulnerable to disappointment if results or forward guidance fall short. Shares also remain below their 50-day and 200-day moving averages, signaling some technical caution.

TJX Companies Price Performance

TJX opened at $151.21 on Wednesday. The company has a fifty day moving average price of $157.19 and a two-hundred day moving average price of $156.83. The firm has a market capitalization of $167.04 billion, a PE ratio of 29.36, a P/E/G ratio of 3.28 and a beta of 0.62. The TJX Companies, Inc. has a 52 week low of $133.34 and a 52 week high of $170.00. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.54 and a current ratio of 1.14.

TJX Companies (NYSE:TJX) last posted its quarterly earnings results on Wednesday, May 20th. The apparel and home fashions retailer reported $1.19 earnings per share for the quarter, beating analysts’ consensus estimates of $1.02 by $0.17. The company had revenue of $14.32 billion for 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 quarterly revenue was up 9.2% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.92 EPS. As a group, analysts anticipate that The TJX Companies, Inc. will post 5.19 earnings per share for the current year.

TJX Companies Dividend Announcement

The business also recently disclosed 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. The ex-dividend date of this dividend is Thursday, August 13th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 1.3%. TJX Companies’s payout ratio is 37.28%.

Insider Buying and Selling

In other TJX Companies news, CEO Ernie Herrman sold 10,002 shares of the firm’s stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $160.68, for a total transaction of $1,607,121.36. Following the transaction, the chief executive officer owned 514,848 shares in the company, valued at approximately $82,725,776.64. This trade represents a 1.91% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Chairman Carol Meyrowitz sold 55,624 shares of the business’s stock in a transaction dated Tuesday, June 9th. The stock was sold at an average price of $163.65, for a total value of $9,102,867.60. Following the transaction, the chairman owned 201,496 shares of the company’s stock, valued at $32,974,820.40. The trade was a 21.63% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 130,367 shares of company stock valued at $20,959,476 in the last three months. 0.15% of the stock is currently owned by company insiders.

TJX Companies Company 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.