Wealthfront Advisers LLC Takes $28.74 Million Position in The TJX Companies, Inc. $TJX

Wealthfront Advisers LLC purchased a new stake in shares of The TJX Companies, Inc. (NYSE:TJX) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 189,675 shares of the apparel and home fashions retailer’s stock, valued at approximately $28,736,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Foster & Motley Inc. purchased a new position in TJX Companies in the second quarter worth $2,496,000. Rayburn West Financial Services LLC purchased a new stake in shares of TJX Companies during the 2nd quarter valued at $273,000. Figure 8 Investment Strategies LLC purchased a new stake in shares of TJX Companies during the 2nd quarter valued at $3,405,000. First National Bank of Omaha bought a new stake in shares of TJX Companies during the 2nd quarter worth $6,268,000. Finally, Hurlow Wealth Management Group Inc. bought a new stake in shares of TJX Companies during the 2nd quarter worth $568,000. Hedge funds and other institutional investors own 91.09% of the company’s stock.

TJX Companies Trading Down 4.0%

Shares of TJX opened at $144.88 on Thursday. The TJX Companies, Inc. has a fifty-two week low of $134.74 and a fifty-two week high of $170.00. The business has a 50-day moving average of $156.73 and a 200 day moving average of $156.81. The firm has a market cap of $160.05 billion, a P/E ratio of 28.13, a price-to-earnings-growth ratio of 3.26 and a beta of 0.62. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.54 and a current ratio of 1.14.

TJX Companies (NYSE:TJX) last released its quarterly earnings data 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. The business had revenue of $15.18 billion for the quarter, compared to the consensus estimate of $15.17 billion. TJX Companies had a net margin of 9.40% and a return on equity of 57.92%. The company’s revenue was up 5.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.10 earnings per share. 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, research analysts forecast that The TJX Companies, Inc. will post 5.19 EPS for the current year.

TJX Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Thursday, August 13th will be given 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 1.3%. TJX Companies’s payout ratio is 37.28%.

Insider Buying and Selling at TJX Companies

In related news, CEO Ernie Herrman sold 10,002 shares of the firm’s stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $160.68, for a total value of $1,607,121.36. Following the completion of the transaction, the chief executive officer directly owned 514,848 shares of the company’s stock, valued at approximately $82,725,776.64. This trade represents a 1.91% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Chairman Carol Meyrowitz sold 55,624 shares of TJX Companies stock in a transaction that occurred on 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 completion of the transaction, the chairman owned 201,496 shares of the company’s stock, valued at $32,974,820.40. This represents a 21.63% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 130,367 shares of company stock valued at $20,959,476. 0.15% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

TJX has been the subject of several research reports. Weiss Ratings lowered shares of TJX Companies from a “buy (b+)” rating to a “buy (b)” rating in a research report on Tuesday, July 21st. Wall Street Zen raised shares of TJX Companies from a “hold” rating to a “buy” rating in a research report on Saturday, July 18th. Citigroup reiterated a “buy” rating and issued a $182.00 target price (up from $168.00) on shares of TJX Companies in a research note on Thursday, May 21st. Barclays reissued an “overweight” rating and set a $190.00 target price (up from $183.00) on shares of TJX Companies in a research report on Thursday, May 21st. Finally, Truist Financial set a $190.00 price target on shares of TJX Companies and gave the stock a “buy” rating in a report on Thursday, May 21st. Two analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $177.94.

Key Stories Impacting TJX Companies

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.

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.