Johnson Financial Group Inc. Acquires New Holdings in The TJX Companies, Inc. $TJX

Johnson Financial Group Inc. bought a new stake in The TJX Companies, Inc. (NYSE:TJX) in the 2nd quarter, Holdings Channel.com reports. The fund bought 8,568 shares of the apparel and home fashions retailer’s stock, valued at approximately $1,298,000.

Several other hedge funds also recently bought and sold shares of the company. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna increased its position in shares of TJX Companies by 120.3% in the 4th 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 in the last quarter. Entrust Financial LLC acquired a new stake in TJX Companies during the 4th quarter worth $26,000. Wilkerson Advisory Group LLC bought a new position in TJX Companies during the fourth quarter worth about $26,000. Joseph Group Capital Management bought a new position in TJX Companies during the fourth quarter worth about $27,000. Finally, IMG Wealth Management Inc. grew its stake in TJX Companies by 65.7% in the fourth quarter. IMG Wealth Management Inc. now owns 174 shares of the apparel and home fashions retailer’s stock valued at $27,000 after acquiring an additional 69 shares during the period. 91.09% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts recently issued reports on the company. 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. JPMorgan Chase & Co. lifted their price target on shares of TJX Companies from $173.00 to $174.00 and gave the company an “overweight” rating in a research note on Monday, May 18th. Sanford C. Bernstein reissued an “outperform” rating on shares of TJX Companies in a research report on Thursday, May 21st. Telsey Advisory Group raised their price objective on shares of TJX Companies from $175.00 to $185.00 and gave the stock an “outperform” rating in a report on Thursday, May 21st. Finally, Barclays set a $188.00 price objective on shares of TJX Companies and gave the company an “overweight” rating in a research report on Thursday. Two research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $173.89.

TJX Companies Stock Performance

Shares of TJX opened at $140.76 on Friday. The stock has a market capitalization of $155.50 billion, a price-to-earnings ratio of 26.02, a PEG ratio of 3.12 and a beta of 0.62. The TJX Companies, Inc. has a 12 month low of $134.74 and a 12 month high of $170.00. The firm has a fifty day simple moving average of $156.18 and a 200 day simple moving average of $156.75. The company has a current ratio of 1.15, a quick ratio of 0.54 and a debt-to-equity ratio of 0.18.

TJX Companies (NYSE:TJX) last issued its quarterly earnings results on Wednesday, August 19th. The apparel and home fashions retailer reported $1.22 EPS for the quarter, topping the consensus estimate of $1.19 by $0.03. TJX Companies had a net margin of 9.73% and a return on equity of 56.56%. The firm had revenue of $15.18 billion for the quarter, compared to analysts’ expectations of $15.16 billion. During the same period in the previous year, the firm posted $1.10 EPS. The company’s revenue for the quarter was up 5.4% on a year-over-year basis. 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. Research analysts forecast that The TJX Companies, Inc. will post 5.18 EPS for the current fiscal year.

TJX Companies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Thursday, August 13th will be issued a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a yield of 1.4%. The ex-dividend date is Thursday, August 13th. TJX Companies’s dividend payout ratio is presently 37.28%.

Key Stories Impacting TJX Companies

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

Insider Buying and Selling

In other news, Chairman Carol Meyrowitz sold 55,624 shares of the company’s stock in a transaction that occurred on Tuesday, June 9th. The stock was sold at an average price of $163.65, for a total transaction of $9,102,867.60. Following the sale, the chairman owned 201,496 shares in the company, valued at $32,974,820.40. This represents a 21.63% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, CFO John Klinger sold 6,235 shares of the stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $160.77, for a total value of $1,002,400.95. Following the completion of the sale, the chief financial officer directly owned 64,257 shares of the company’s stock, valued at approximately $10,330,597.89. The trade was a 8.84% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 130,367 shares of company stock valued at $20,959,476. 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.