The TJX Companies, Inc. $TJX Stock Position Decreased by Prime Capital Investment Advisors LLC

Prime Capital Investment Advisors LLC lowered its position in The TJX Companies, Inc. (NYSE:TJX) by 19.6% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 45,772 shares of the apparel and home fashions retailer’s stock after selling 11,178 shares during the period. Prime Capital Investment Advisors LLC’s holdings in TJX Companies were worth $6,056,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the company. BlackRock Inc. acquired a new stake in TJX Companies in the second quarter valued at $16,489,926,000. Bank of America Corp DE purchased a new position in shares of TJX Companies in the second quarter valued at $3,511,553,000. Bank of New York Mellon Corp purchased a new position in shares of TJX Companies in the second quarter valued at $1,598,731,000. Primecap Management Co. CA acquired a new position in shares of TJX Companies during the 2nd quarter worth $1,435,617,000. Finally, Deutsche Bank AG acquired a new position in shares of TJX Companies during the 2nd quarter worth $866,901,000. 91.09% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently commented on TJX. Sanford C. Bernstein reiterated an “outperform” rating and issued a $175.00 price objective on shares of TJX Companies in a research report on Tuesday, August 25th. Wells Fargo & Company dropped their target price on shares of TJX Companies from $160.00 to $140.00 and set an “equal weight” rating for the company in a report on Thursday, August 20th. Wall Street Zen downgraded shares of TJX Companies from a “buy” rating to a “hold” rating in a report on Saturday, August 22nd. Evercore restated an “outperform” rating and set a $173.00 target price (down from $175.00) on shares of TJX Companies in a research report on Thursday, August 20th. Finally, JPMorgan Chase & Co. upped their price target on shares of TJX Companies from $168.00 to $171.00 and gave the company an “overweight” rating in a report on Thursday, August 20th. Twenty-one equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $174.86.

TJX Companies Stock Performance

NYSE TJX opened at $146.94 on Wednesday. The company has a quick ratio of 0.56, a current ratio of 1.15 and a debt-to-equity ratio of 0.18. The TJX Companies, Inc. has a fifty-two week low of $122.78 and a fifty-two week high of $170.00. The business has a fifty day moving average of $136.43 and a 200-day moving average of $149.97. The stock has a market cap of $161.63 billion, a price-to-earnings ratio of 28.78, a price-to-earnings-growth ratio of 2.66 and a beta of 0.56.

TJX Companies (NYSE:TJX) last posted its quarterly earnings data on Wednesday, August 19th. The apparel and home fashions retailer reported $1.22 EPS for the quarter, beating analysts’ consensus estimates of $1.19 by $0.03. The business had revenue of $15.18 billion for the quarter, compared to analyst estimates of $15.16 billion. TJX Companies had a return on equity of 56.56% and a net margin of 9.73%. The business’s revenue for the quarter was up 5.4% compared to the same quarter last year. During the same quarter last year, the company earned $1.10 earnings per share. 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. As a group, analysts predict that The TJX Companies, Inc. will post 5.22 earnings per share for the current fiscal year.

TJX Companies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 3rd. Shareholders of record on Thursday, November 12th will be issued a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date is Thursday, November 12th. TJX Companies’s dividend payout ratio is 35.49%.

Key Stories Impacting TJX Companies

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

• Positive Sentiment: TJX’s fiscal 2027 second-quarter results highlighted continued momentum: sales increased 4% year over year and earnings per share rose 24%. The performance reinforces confidence in the company’s ability to attract value-conscious shoppers and helps explain the stock’s 15.8% gain over the past month. Why TJX Companies Is Back in the Spotlight
• Positive Sentiment: TJX continues to benefit from a fast inventory-turnover model and the potential to source branded merchandise at attractive prices. Its long-term shareholder returns and defensive value-retail positioning are keeping the company on investors’ watchlists. Is TJX Companies Above Fair Value on Cash Flow?
• Neutral Sentiment: TJX announced a phased retirement arrangement with a senior executive. The move could create succession-related uncertainty, although a gradual transition may reduce disruption and allow time for an orderly handoff. TJX Companies Announces Phased Retirement of Senior Executive
• Neutral Sentiment: Pre-market reports placed TJX shares at approximately €131.50, but the quote itself does not identify a new fundamental catalyst or indicate a material change in the company’s outlook. TJX Companies Stock Pre-Market
• Negative Sentiment: Valuation remains a concern after TJX’s substantial multiyear share gains. Questions about whether future cash generation can justify the current price could encourage profit-taking, particularly while the stock trades at a relatively elevated earnings multiple. TJX Companies Cash Flow Valuation
• Negative Sentiment: Erste Group reportedly reduced its forecast for TJX, a cautious signal that may weigh on sentiment despite the company’s solid earnings performance. Erste Group Trims Forecast for TJX Companies

About TJX Companies

The TJX Companies, Inc (NYSE: TJX) is an off-price retailer specializing in apparel, footwear, accessories, and home merchandise. Its stores offer branded and designer products at prices generally below those of full-price retailers, using a flexible purchasing model that allows the company to acquire merchandise from manufacturers, retailers, and other suppliers.

The company operates a portfolio of retail banners, including T.J. Maxx, Marshalls, HomeGoods, Sierra, and Homesense in the United States; Winners, HomeSense, and Marshalls in Canada; and TK Maxx and Homesense in Europe and Australia.