6,423 Shares in The TJX Companies, Inc. $TJX Bought by OneAscent Financial Services LLC

OneAscent Financial Services LLC acquired a new stake in The TJX Companies, Inc. (NYSE:TJX) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 6,423 shares of the apparel and home fashions retailer’s stock, valued at approximately $973,000.

Other large investors have also bought and sold shares of the company. Swiss Life Asset Management Ltd grew its position in TJX Companies by 9.5% in the 4th quarter. Swiss Life Asset Management Ltd now owns 373,430 shares of the apparel and home fashions retailer’s stock valued at $57,363,000 after purchasing an additional 32,407 shares during the period. J.Safra Asset Management Corp boosted its position in shares of TJX Companies by 78.3% during the 4th quarter. J.Safra Asset Management Corp now owns 6,805 shares of the apparel and home fashions retailer’s stock valued at $1,045,000 after acquiring an additional 2,989 shares during the last quarter. Bluedoor Private Wealth LLC bought a new stake in TJX Companies during the fourth quarter valued at approximately $2,559,000. BNP Paribas lifted its holdings in shares of TJX Companies by 346.0% during the 4th quarter. BNP Paribas now owns 11,626 shares of the apparel and home fashions retailer’s stock worth $1,786,000 after acquiring an additional 9,019 shares during the last quarter. Finally, Benjamin Edwards Inc. boosted its holdings in shares of TJX Companies by 17.1% in the 4th quarter. Benjamin Edwards Inc. now owns 135,775 shares of the apparel and home fashions retailer’s stock worth $20,856,000 after purchasing an additional 19,871 shares in the last quarter. 91.09% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on TJX shares. Morgan Stanley set a $178.00 price target on shares of TJX Companies and gave the company an “overweight” rating in a research report on Thursday. Erste Group Bank lowered shares of TJX Companies from a “buy” rating to a “hold” rating in a report on Wednesday, July 15th. Telsey Advisory Group lifted their target price on shares of TJX Companies from $175.00 to $185.00 and gave the stock an “outperform” rating in a research report on Thursday, May 21st. Evercore reissued an “outperform” rating and issued a $173.00 price target on shares of TJX Companies in a research note on Thursday. Finally, Barclays set a $188.00 price target on shares of TJX Companies and gave the company an “overweight” rating in a research report on Thursday. Two equities research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $173.89.

Key TJX Companies News

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

• Positive Sentiment: TJX reported revenue of $15.18 billion and adjusted EPS of $1.22, surpassing consensus estimates of $15.16 billion and $1.19, respectively. Comparable-store sales increased 4%, while adjusted earnings rose 11% year over year. TJX beats Q2 expectations despite self-inflicted apparel slump
• Positive Sentiment: Management raised fiscal 2027 EPS guidance to $5.15–$5.20 and increased its long-term store target to 7,500 locations, supporting the company’s longer-term growth outlook. TJX outlines 7,500-store target while raising FY2027 EPS
• Positive Sentiment: Winners, Marshalls and HomeSense are reportedly gaining significant market share in Canada, while HomeGoods and international operations also provided important sources of strength. TJX says Canadian banners are gaining market share
• Neutral Sentiment: Some analysts view the post-earnings sell-off as a buying opportunity, with BTIG reaffirming a Buy rating and a $190 price target; UBS characterized the Marmaxx weakness as potentially isolated. A rare stumble at TJX has Wall Street spooked
• Negative Sentiment: Marmaxx, which includes TJ Maxx and Marshalls in the United States, delivered a disappointing comparable-sales performance. Management blamed merchandising and apparel-mix mistakes, but analysts also cited tougher off-price competition and consumer resistance to price increases. TJX blames merchandising missteps for rare US miss
• Negative Sentiment: Fiscal third-quarter guidance fell short of expectations, increasing concerns about near-term margin pressure and execution. Citi downgraded TJX to Neutral, while Wells Fargo cut its price target to $140 and assigned an Equal Weight rating. TJX Q2 beat but Marmaxx lags and Q3 guidance falls short

Insiders Place Their Bets

In other TJX Companies news, CEO Ernie Herrman sold 29,549 shares of the stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $157.46, for a total value of $4,652,785.54. Following the completion of the sale, the chief executive officer owned 552,850 shares in the company, valued at approximately $87,051,761. This trade represents a 5.07% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Chairman Carol Meyrowitz sold 55,624 shares of TJX Companies stock in a transaction that occurred on 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 completion of the sale, the chairman owned 201,496 shares in the company, valued at approximately $32,974,820.40. This represents a 21.63% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 130,367 shares of company stock worth $20,959,476 in the last quarter. 0.15% of the stock is currently owned by company insiders.

TJX Companies Trading Down 0.1%

NYSE:TJX opened at $140.58 on Friday. The firm has a market capitalization of $155.30 billion, a P/E ratio of 25.99, a P/E/G ratio of 3.02 and a beta of 0.62. The company has a quick ratio of 0.54, a current ratio of 1.15 and a debt-to-equity ratio of 0.18. The company has a fifty day moving average of $155.63 and a 200 day moving average of $156.64. The TJX Companies, Inc. has a 52 week low of $134.74 and a 52 week high of $170.00.

TJX Companies (NYSE:TJX) last announced its quarterly earnings results on Wednesday, August 19th. The apparel and home fashions retailer reported $1.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.19 by $0.03. TJX Companies had a net margin of 9.73% and a return on equity of 56.56%. The business had revenue of $15.18 billion for the quarter, compared to analyst estimates of $15.16 billion. During the same quarter last year, the firm earned $1.10 EPS. The company’s revenue 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. On average, research analysts predict that The TJX Companies, Inc. will post 5.23 earnings per share for the current year.

TJX Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Thursday, August 13th will be paid a $0.48 dividend. The ex-dividend date of this dividend is Thursday, August 13th. This represents a $1.92 annualized dividend and a dividend yield of 1.4%. TJX Companies’s dividend payout ratio (DPR) is presently 35.49%.

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.