Roman Butler Fullerton & Co. Makes New $501,000 Investment in The TJX Companies, Inc. $TJX

Roman Butler Fullerton & Co. purchased a new position in The TJX Companies, Inc. (NYSE:TJX) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 3,329 shares of the apparel and home fashions retailer’s stock, valued at approximately $501,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of TJX. Swiss Life Asset Management Ltd grew its holdings in shares of TJX Companies by 9.5% in the fourth quarter. Swiss Life Asset Management Ltd now owns 373,430 shares of the apparel and home fashions retailer’s stock worth $57,363,000 after acquiring an additional 32,407 shares during the period. J.Safra Asset Management Corp lifted its holdings in TJX Companies by 78.3% in the fourth quarter. J.Safra Asset Management Corp now owns 6,805 shares of the apparel and home fashions retailer’s stock valued at $1,045,000 after acquiring an additional 2,989 shares during the period. Bluedoor Private Wealth LLC purchased a new position in TJX Companies in the fourth quarter worth about $2,559,000. BNP Paribas boosted its position in TJX Companies by 346.0% in the fourth quarter. BNP Paribas now owns 11,626 shares of the apparel and home fashions retailer’s stock worth $1,786,000 after purchasing an additional 9,019 shares during the last quarter. Finally, Benjamin Edwards Inc. grew its stake in shares of TJX Companies by 17.1% during the 4th quarter. Benjamin Edwards Inc. now owns 135,775 shares of the apparel and home fashions retailer’s stock valued at $20,856,000 after purchasing an additional 19,871 shares during the period. 91.09% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on TJX shares. Evercore reaffirmed an “outperform” rating and set a $175.00 price target on shares of TJX Companies in a research report on Thursday, May 21st. Robert W. Baird boosted their target price on shares of TJX Companies from $172.00 to $175.00 and gave the company an “outperform” rating in a research report on Thursday, May 21st. Morgan Stanley reaffirmed an “overweight” rating on shares of TJX Companies in a report on Thursday, August 6th. Weiss Ratings downgraded shares of TJX Companies from a “buy (b+)” rating to a “buy (b)” rating in a research report on Tuesday, July 21st. Finally, Wells Fargo & Company reiterated an “outperform” rating and set a $160.00 price target (up from $155.00) on shares of TJX Companies in a research note on Thursday, May 21st. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $177.94.

TJX Companies Stock Up 0.2%

NYSE TJX opened at $151.21 on Wednesday. The TJX Companies, Inc. has a 52 week low of $133.34 and a 52 week high of $170.00. The company has a quick ratio of 0.54, a current ratio of 1.14 and a debt-to-equity ratio of 0.18. The company has a market capitalization of $167.04 billion, a P/E ratio of 29.36, a price-to-earnings-growth ratio of 3.28 and a beta of 0.62. The stock’s 50-day moving average price is $157.19 and its 200-day moving average price is $156.83.

TJX Companies (NYSE:TJX) 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, beating analysts’ consensus estimates of $1.02 by $0.17. The company had revenue of $14.32 billion during the quarter, compared to the consensus estimate of $14.02 billion. TJX Companies had a return on equity of 57.92% and a net margin of 9.40%.The firm’s revenue was up 9.2% on a year-over-year basis. During the same period in the previous year, the company posted $0.92 EPS. On average, equities research analysts predict that The TJX Companies, Inc. will post 5.19 earnings per share for the current year.

TJX Companies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Thursday, August 13th will be given a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date is Thursday, August 13th. TJX Companies’s dividend payout ratio is presently 37.28%.

Key Headlines Impacting TJX Companies

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

• Positive Sentiment: Unusually heavy call-option buying points to bullish positioning ahead of earnings. Traders purchased 37,301 TJX call options, roughly 437% above the typical daily volume of 6,950 contracts. This may be contributing to increased interest in the shares, although options activity is speculative and does not guarantee a positive earnings reaction.
• Positive Sentiment: Analysts expect second-quarter earnings of approximately $1.19 per share, up from $1.10 a year earlier. The company’s latest quarterly report also showed strong momentum, with earnings and revenue exceeding consensus estimates and sales increasing 9.2% year over year.
• Positive Sentiment: Brokerages maintain a consensus “Buy” rating, while recent investor commentary has characterized TJX as an attractive value-oriented retail stock relative to larger retailers. TJX consensus Buy rating
• Positive Sentiment: Marshalls, a TJX banner, launched a fall fashion campaign with Brenda Song. The promotion could support seasonal traffic and brand engagement, although its direct financial impact is uncertain. Marshalls fall fashion campaign
• Neutral Sentiment: Investors are comparing TJX with Dollar General on valuation and earnings prospects, but the articles do not establish a decisive change to TJX’s outlook. DG versus TJX value comparison
• Negative Sentiment: TJX trades at a relatively elevated valuation, with a price-to-earnings ratio near 29, making the stock vulnerable to disappointment if results or forward guidance fall short. Shares also remain below their 50-day and 200-day moving averages, signaling some technical caution.

Insider Activity

In other news, Chairman Carol Meyrowitz sold 55,624 shares of the stock in a transaction on Tuesday, June 9th. The shares were sold at an average price of $163.65, for a total value of $9,102,867.60. Following the completion of the sale, the chairman directly 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 sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO John Klinger sold 6,235 shares of the firm’s stock in a transaction on Friday, June 5th. The shares were sold at an average price of $160.77, for a total transaction of $1,002,400.95. Following the sale, the chief financial officer owned 64,257 shares in the company, valued at $10,330,597.89. The trade was a 8.84% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 130,367 shares of company stock valued at $20,959,476. Company insiders own 0.15% of the company’s stock.

TJX Companies 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.