JLB & Associates Inc. Takes Position in The TJX Companies, Inc. $TJX

JLB & Associates Inc. bought a new position in shares of The TJX Companies, Inc. (NYSE:TJX) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 222,503 shares of the apparel and home fashions retailer’s stock, valued at approximately $33,709,000. TJX Companies accounts for approximately 4.5% of JLB & Associates Inc.’s holdings, making the stock its 5th biggest position.

A number of other large investors have also recently bought and sold shares of TJX. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna lifted its holdings in shares of TJX Companies by 120.3% during the fourth 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 acquiring an additional 89 shares during the period. Entrust Financial LLC bought a new stake in shares of TJX Companies in the 4th quarter worth about $26,000. Wilkerson Advisory Group LLC acquired a new stake in shares of TJX Companies during the 4th quarter worth about $26,000. IMG Wealth Management Inc. increased its position in shares of TJX Companies by 65.7% during the 4th quarter. IMG Wealth Management Inc. now owns 174 shares of the apparel and home fashions retailer’s stock worth $27,000 after purchasing an additional 69 shares in the last quarter. Finally, Joseph Group Capital Management bought a new position in TJX Companies during the 4th quarter valued at about $27,000. 91.09% of the stock is currently owned by institutional investors.

More TJX Companies News

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

• Positive Sentiment: TJX reported second-quarter sales of approximately $15.18 billion, up 5.4% year over year, while adjusted EPS rose 11% to $1.22, exceeding the roughly $1.19 analyst consensus. Consolidated comparable sales increased 4%, and stronger margins prompted management to raise its full-year profit and margin outlook. TJX fiscal second-quarter results
• Positive Sentiment: The company outlined a long-term target of approximately 7,500 stores, suggesting substantial expansion potential for its off-price retail model. TJX store growth and earnings target
• Neutral Sentiment: Cost-conscious consumers continue to support TJX’s discount banners, and analysts remain broadly constructive; however, the stock’s relatively full valuation leaves less room for disappointing guidance.
• Negative Sentiment: Marmaxx, which includes TJ Maxx and Marshalls and represents TJX’s largest U.S. segment, delivered only 1% comparable-sales growth and fell below management’s expectations. This lagged HomeGoods, Canada, and International, which posted considerably stronger gains. TJX earnings and consumer weakness
• Negative Sentiment: Investors viewed the fiscal 2027 adjusted EPS outlook of $5.15–$5.20 as below the approximately $5.22 consensus estimate. Reports also highlighted a less-robust third-quarter comparable-sales and earnings outlook, intensifying concerns that consumer spending may be slowing. TJX guidance outlook
• Negative Sentiment: About $0.14 of second-quarter adjusted EPS benefited from tariff refunds, raising questions about how much of the earnings beat came from recurring retail operations rather than underlying performance.

Analysts Set New Price Targets

TJX has been the topic of a number of recent analyst reports. Citigroup restated a “buy” rating and issued a $182.00 price target (up from $168.00) on shares of TJX Companies in a research report on Thursday, May 21st. Evercore reiterated an “outperform” rating and issued a $175.00 target price on shares of TJX Companies in a research note on Thursday, May 21st. Telsey Advisory Group boosted their target price on TJX Companies from $175.00 to $185.00 and gave the stock an “outperform” rating in a report on Thursday, May 21st. Weiss Ratings lowered TJX Companies from a “buy (b+)” rating to a “buy (b)” rating in a research report on Tuesday, July 21st. Finally, BTIG Research raised their price target on TJX Companies from $185.00 to $190.00 and gave the company a “buy” rating in a report on Thursday, May 21st. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, TJX Companies has a consensus rating of “Buy” and an average target price of $177.94.

Insider Transactions at TJX Companies

In other TJX Companies news, Chairman Carol Meyrowitz sold 55,624 shares of the company’s stock in a transaction dated Tuesday, June 9th. The shares were sold at an average price of $163.65, for a total transaction of $9,102,867.60. Following the transaction, the chairman directly owned 201,496 shares in the company, valued at approximately $32,974,820.40. This represents a 21.63% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Ernie Herrman sold 29,549 shares of the firm’s stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $157.46, for a total transaction of $4,652,785.54. Following the completion of the transaction, the chief executive officer directly owned 552,850 shares in the company, valued at $87,051,761. This trade represents a 5.07% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 130,367 shares of company stock worth $20,959,476. 0.15% of the stock is owned by insiders.

TJX Companies Trading Down 4.0%

Shares of NYSE TJX opened at $144.88 on Thursday. The TJX Companies, Inc. has a 1-year low of $134.74 and a 1-year high of $170.00. The company has a 50-day moving average of $156.73 and a two-hundred day moving average of $156.81. The company has a market cap of $160.05 billion, a PE ratio of 28.13, a P/E/G ratio of 3.26 and a beta of 0.62. The company has a current ratio of 1.14, a quick ratio of 0.54 and a debt-to-equity ratio of 0.18.

TJX Companies (NYSE:TJX) last released its quarterly earnings results on Wednesday, August 19th. The apparel and home fashions retailer reported $1.22 EPS for the quarter, beating the consensus estimate of $1.19 by $0.03. TJX Companies had a net margin of 9.40% and a return on equity of 57.92%. The business had revenue of $15.18 billion for the quarter, compared to analysts’ expectations of $15.17 billion. During the same period in the prior year, the firm earned $1.10 earnings per share. TJX Companies’s revenue was up 5.4% compared to the same quarter last year. 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, equities analysts expect that The TJX Companies, Inc. will post 5.19 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, September 3rd. Stockholders of record on Thursday, August 13th will be given a dividend of $0.48 per share. The ex-dividend date 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 presently 37.28%.

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.