The TJX Companies, Inc. (NYSE:TJX – Get Free Report) Director Jackwyn Nemerov sold 957 shares of TJX Companies stock in a transaction that occurred on 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 directly owned 802 shares in the company, valued at $135,209.18. This represents a 54.41% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
TJX Companies Stock Performance
Shares of TJX opened at $168.42 on Friday. The firm’s 50 day moving average is $157.61 and its 200-day moving average is $156.08. The stock has a market capitalization of $186.05 billion, a P/E ratio of 32.70, a P/E/G ratio of 3.65 and a beta of 0.62. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.14 and a quick ratio of 0.54. The TJX Companies, Inc. has a 12-month low of $119.84 and a 12-month high of $170.00.
TJX Companies (NYSE:TJX – Get Free Report) last announced its quarterly earnings data on Wednesday, May 20th. The apparel and home fashions retailer reported $1.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.02 by $0.17. The company had revenue of $14.32 billion for the quarter, compared to analysts’ expectations of $14.02 billion. TJX Companies had a net margin of 9.40% and a return on equity of 57.92%. The business’s revenue was up 9.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.92 EPS. 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. Equities research analysts anticipate that The TJX Companies, Inc. will post 5.17 EPS for the current fiscal year.
TJX Companies Announces Dividend
TJX Companies News Summary
Here are the key news stories impacting TJX Companies this week:
- Positive Sentiment: Analyst coverage remained constructive, including Erste Group raising earnings estimates for FY2027 and FY2028, adding to expectations that TJX can continue delivering solid profit growth.
- Positive Sentiment: Recent articles pointed to TJX hitting a 52-week high, supported by strong customer traffic, off-price demand, and global expansion, which can fuel investor confidence in continued momentum.
- Positive Sentiment: The company’s quarterly dividend announcement underscores a steady cash-return profile and may appeal to income-oriented investors.
- Neutral Sentiment: Several headlines described TJX as a strong momentum or growth stock, but these were largely commentary pieces rather than new fundamental developments.
- Neutral Sentiment: Director Jackwyn Nemerov’s sale of TJX shares and Chairman Carol Meyrowitz’s larger share sale may draw attention, but insider selling does not necessarily indicate a change in business fundamentals.
- Negative Sentiment: Some coverage noted ongoing risks from costs and the broader macroeconomic environment, which could pressure margins if conditions weaken.
Analyst Upgrades and Downgrades
Several research analysts have recently weighed in on TJX shares. Citigroup reissued a “buy” rating and issued a $182.00 target price (up from $168.00) on shares of TJX Companies in a research report on Thursday, May 21st. UBS Group reissued a “buy” rating on shares of TJX Companies in a research report on Tuesday. Wall Street Zen raised shares of TJX Companies from a “hold” rating to a “buy” rating in a research report on Saturday, March 28th. Argus raised shares of TJX Companies to a “strong-buy” rating in a research report on Tuesday, March 3rd. Finally, Truist Financial set a $190.00 target price on shares of TJX Companies and gave the stock a “buy” rating in a research report on Thursday, May 21st. Three research analysts have rated the stock with a Strong Buy rating and twenty have given a Buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $174.58.
Get Our Latest Stock Report on TJX
Institutional Trading of TJX Companies
Several institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. boosted its holdings in shares of TJX Companies by 0.8% during the fourth quarter. Vanguard Group Inc. now owns 102,733,668 shares of the apparel and home fashions retailer’s stock worth $15,780,919,000 after purchasing an additional 771,882 shares during the period. Geode Capital Management LLC boosted its holdings in shares of TJX Companies by 2.6% during the fourth quarter. Geode Capital Management LLC now owns 27,011,104 shares of the apparel and home fashions retailer’s stock worth $4,134,174,000 after purchasing an additional 673,690 shares during the period. Bank of America Corp DE boosted its holdings in shares of TJX Companies by 2.0% during the fourth quarter. Bank of America Corp DE now owns 25,620,925 shares of the apparel and home fashions retailer’s stock worth $3,935,630,000 after purchasing an additional 495,989 shares during the period. Capital International Investors boosted its holdings in shares of TJX Companies by 2.0% during the fourth quarter. Capital International Investors now owns 15,986,573 shares of the apparel and home fashions retailer’s stock worth $2,455,911,000 after purchasing an additional 308,408 shares during the period. Finally, Norges Bank acquired a new stake in shares of TJX Companies during the fourth quarter worth approximately $2,211,975,000. 91.09% of the stock is currently owned by institutional investors and hedge funds.
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.
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