Pure Financial Advisors LLC Buys Shares of 14,358 The TJX Companies, Inc. $TJX

Pure Financial Advisors LLC purchased a new position in The TJX Companies, Inc. (NYSE:TJX) in the second quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 14,358 shares of the apparel and home fashions retailer’s stock, valued at approximately $2,175,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. BlackRock Inc. acquired a new stake in shares of TJX Companies in the second quarter valued at $16,489,926,000. Geode Capital Management LLC grew its stake in shares of TJX Companies by 2.6% in the 4th 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 last quarter. Bank of America Corp DE grew its stake in shares of TJX Companies by 2.0% in the 4th 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 last quarter. Capital International Investors raised its holdings in shares of TJX Companies by 2.0% in the 4th 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 in the last quarter. Finally, Norges Bank acquired a new stake in TJX Companies during the fourth quarter valued at approximately $2,211,975,000. 91.09% of the stock is currently owned by institutional investors.

TJX Companies Stock Performance

Shares of TJX Companies stock opened at $136.95 on Thursday. The TJX Companies, Inc. has a 12 month low of $135.90 and a 12 month high of $170.00. 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 stock has a market cap of $151.29 billion, a PE ratio of 25.31, a price-to-earnings-growth ratio of 2.69 and a beta of 0.62. The business has a fifty day simple moving average of $154.02 and a 200-day simple moving average of $156.37.

TJX Companies (NYSE:TJX) last posted its quarterly earnings results on Wednesday, August 19th. The apparel and home fashions retailer reported $1.22 earnings per share for the quarter, beating the consensus estimate of $1.19 by $0.03. TJX Companies had a return on equity of 56.56% and a net margin of 9.73%.The firm had revenue of $15.18 billion for the quarter, compared to analyst estimates of $15.16 billion. During the same period in the previous year, the firm earned $1.10 earnings per share. TJX Companies’s quarterly 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, sell-side analysts anticipate that The TJX Companies, Inc. will post 5.22 EPS for the current fiscal year.

TJX Companies Dividend Announcement

The business also recently declared 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 dividend yield of 1.4%. The ex-dividend date is Thursday, August 13th. TJX Companies’s dividend payout ratio (DPR) is currently 35.49%.

Insider Activity at TJX Companies

In other TJX Companies news, CFO John Klinger sold 6,235 shares of the company’s 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 transaction, the chief financial officer owned 64,257 shares in the company, valued at approximately $10,330,597.89. This represents a 8.84% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Chairman Carol Meyrowitz sold 55,624 shares of the 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 completion of the sale, the chairman owned 201,496 shares of the company’s stock, valued at approximately $32,974,820.40. The trade was a 21.63% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 130,367 shares of company stock valued at $20,959,476. Company insiders own 0.15% of the company’s stock.

Trending Headlines about TJX Companies

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

• Positive Sentiment: TJX’s latest quarter exceeded expectations, with earnings per share of $1.22 versus the $1.19 consensus and revenue of $15.18 billion, up 5.4% year over year. Management also raised or maintained a favorable outlook, forecasting fiscal 2027 EPS of $5.15 to $5.20. TJX Q2 2027 Earnings Call Transcript
• Positive Sentiment: HomeGoods and TJX’s international businesses delivered comparable-sales growth, while expanding margins and upward earnings-estimate revisions support the view that the recent selloff may be overextended. Technical indicators described the stock as oversold and potentially forming support. Bears are Losing Control Over TJX
• Positive Sentiment: J.P. Morgan remains bullish on TJX, and the average brokerage recommendation continues to indicate a Buy, potentially offering support after the recent decline. J.P. Morgan Remains a Buy on TJX Companies
• Neutral Sentiment: Discussion on CNBC’s “Calls of the Day” focused on TJX and broader retail and utility-sector investment ideas, but provided no clear new company-specific catalyst. Calls of the Day: TJX Companies and the XLU
• Negative Sentiment: Jefferies downgraded TJX from Buy to Hold with a $145 price target, saying weakness at the Marmaxx division appears more serious than a temporary merchandising issue. Ross Stores’ stronger performance is increasing competitive pressure. Jefferies Cuts TJX to Hold
• Negative Sentiment: Investors have not rewarded TJX’s earnings beat and improved guidance, with the stock down about 11% over the past month. The reaction suggests valuation and concerns about future comparable-sales momentum are offsetting the company’s current execution. TJX Just Dropped 11% in a Month

Analysts Set New Price Targets

Several research analysts have issued reports on the stock. Wells Fargo & Company decreased their price target on shares of TJX Companies from $160.00 to $140.00 and set an “equal weight” rating on the stock in a research report on Thursday, August 20th. Citigroup lowered TJX Companies from a “buy” rating to a “neutral” rating and cut their target price for the stock from $182.00 to $154.00 in a research report on Thursday, August 20th. BTIG Research reaffirmed a “buy” rating and set a $190.00 target price on shares of TJX Companies in a report on Thursday, August 20th. JPMorgan Chase & Co. increased their price target on TJX Companies from $173.00 to $174.00 and gave the company an “overweight” rating in a research report on Monday, May 18th. Finally, UBS Group restated a “buy” rating and set a $198.00 price objective (up from $197.00) on shares of TJX Companies in a report on Thursday, August 20th. Two investment analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $172.84.

About TJX Companies

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.