Burling Wealth Partners LLC Purchases 4,470 Shares of The TJX Companies, Inc. $TJX

Burling Wealth Partners LLC lifted its position in The TJX Companies, Inc. (NYSE:TJX) by 10.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 45,780 shares of the apparel and home fashions retailer’s stock after buying an additional 4,470 shares during the period. TJX Companies comprises 1.1% of Burling Wealth Partners LLC’s holdings, making the stock its 23rd largest position. Burling Wealth Partners LLC’s holdings in TJX Companies were worth $7,032,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in TJX. Alliancebernstein L.P. increased its position in shares of TJX Companies by 91.6% in the 3rd quarter. Alliancebernstein L.P. now owns 6,712,226 shares of the apparel and home fashions retailer’s stock valued at $970,185,000 after buying an additional 3,208,458 shares in the last quarter. Corient Private Wealth LLC increased its position in shares of TJX Companies by 120.7% in the 2nd quarter. Corient Private Wealth LLC now owns 5,016,792 shares of the apparel and home fashions retailer’s stock valued at $620,406,000 after buying an additional 2,743,676 shares in the last quarter. Amundi increased its position in shares of TJX Companies by 22.1% in the 3rd quarter. Amundi now owns 9,725,542 shares of the apparel and home fashions retailer’s stock valued at $1,391,822,000 after buying an additional 1,761,281 shares in the last quarter. Mackenzie Financial Corp increased its position in shares of TJX Companies by 81.2% in the 3rd quarter. Mackenzie Financial Corp now owns 3,198,579 shares of the apparel and home fashions retailer’s stock valued at $462,323,000 after buying an additional 1,433,801 shares in the last quarter. Finally, Steadfast Capital Management LP increased its position in shares of TJX Companies by 198.8% in the 3rd quarter. Steadfast Capital Management LP now owns 2,053,266 shares of the apparel and home fashions retailer’s stock valued at $296,779,000 after buying an additional 1,366,066 shares in the last quarter. Institutional investors own 91.09% of the company’s stock.

Key Stories Impacting TJX Companies

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

• Positive Sentiment: TJX beat Q1 estimates with earnings of $1.19 per share versus about $1.01 expected, while revenue came in at $14.32 billion, above forecasts. Article Title
• Positive Sentiment: Comparable sales rose 6% and pretax margin improved to 12.0%, showing that traffic and profitability remain strong across banners like T.J. Maxx, Marshalls, and HomeGoods. Article Title
• Positive Sentiment: The company raised full-year FY27 guidance, including EPS to $5.08-$5.15 and comp sales growth to 3%-4%, signaling confidence that momentum will continue. Article Title
• Positive Sentiment: TJX also increased its share buyback authorization to $2.75 billion-$3.0 billion, which is supportive for earnings per share and investor returns. Article Title
• Neutral Sentiment: Management’s Q2 EPS guidance of $1.15-$1.17 is roughly in line with consensus, so the market is mostly reacting to the stronger full-year outlook rather than a big near-term beat. Article Title
• Neutral Sentiment: Analyst commentary was mixed on upside from here, with some noting the stock already reflects much of the beat-and-raise optimism. Article Title

Insider Activity at TJX Companies

In other news, CEO Ernie Herrman sold 30,000 shares of the stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $160.95, for a total transaction of $4,828,500.00. Following the completion of the transaction, the chief executive officer directly owned 479,316 shares in the company, valued at $77,145,910.20. This represents a 5.89% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.13% of the stock is currently owned by corporate insiders.

TJX Companies Price Performance

Shares of NYSE TJX opened at $159.13 on Thursday. The firm has a market cap of $175.97 billion, a PE ratio of 32.61, a PEG ratio of 3.45 and a beta of 0.64. The company has a current ratio of 1.14, a quick ratio of 0.59 and a debt-to-equity ratio of 0.18. The TJX Companies, Inc. has a 1-year low of $119.84 and a 1-year high of $165.82. The company has a fifty day moving average price of $156.71 and a 200 day moving average price of $154.44.

TJX Companies (NYSE:TJX) last announced its earnings results on Wednesday, May 20th. The apparel and home fashions retailer reported $1.19 earnings per share for the quarter, topping analysts’ consensus estimates of $1.02 by $0.17. TJX Companies had a net margin of 9.10% and a return on equity of 57.70%. The firm had revenue of $14.32 billion during the quarter, compared to analyst estimates of $14.02 billion. During the same period in the prior year, the business earned $0.92 EPS. The company’s revenue for the quarter was up 9.2% compared to the same quarter last year. 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. Research analysts predict that The TJX Companies, Inc. will post 5.07 earnings per share for the current fiscal year.

TJX Companies Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 4th. Stockholders of record on Thursday, May 14th will be paid a dividend of $0.48 per share. The ex-dividend date is Thursday, May 14th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 1.2%. This is a positive change from TJX Companies’s previous quarterly dividend of $0.43. TJX Companies’s dividend payout ratio (DPR) is currently 39.34%.

Wall Street Analyst Weigh In

TJX has been the subject of a number of research analyst reports. BTIG Research reaffirmed a “buy” rating and issued a $185.00 target price (up from $165.00) on shares of TJX Companies in a research note on Thursday, February 26th. UBS Group reaffirmed a “buy” rating on shares of TJX Companies in a research note on Wednesday, March 4th. Argus raised shares of TJX Companies to a “strong-buy” rating in a research note on Tuesday, March 3rd. Weiss Ratings lowered shares of TJX Companies from a “buy (a-)” rating to a “buy (b+)” rating in a research note on Friday, May 8th. Finally, JPMorgan Chase & Co. upped their target price on shares of TJX Companies from $173.00 to $174.00 and gave the stock an “overweight” rating in a research note on Monday. Three equities research analysts have rated the stock with a Strong Buy rating and twenty-one have given a Buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $169.25.

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.