Ieq Capital LLC Acquires 98,427 Shares of The TJX Companies, Inc. $TJX

Ieq Capital LLC raised its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 48.9% in the 4th quarter, Holdings Channel.com reports. The fund owned 299,640 shares of the apparel and home fashions retailer’s stock after buying an additional 98,427 shares during the period. Ieq Capital LLC’s holdings in TJX Companies were worth $46,028,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna grew its stake in shares of TJX Companies by 120.3% during the 4th quarter. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna now owns 163 shares of the apparel and home fashions retailer’s stock worth $25,000 after acquiring an additional 89 shares in the last quarter. Dogwood Wealth Management LLC grew its stake in shares of TJX Companies by 102.2% during the 3rd quarter. Dogwood Wealth Management LLC now owns 182 shares of the apparel and home fashions retailer’s stock worth $26,000 after acquiring an additional 92 shares in the last quarter. Entrust Financial LLC bought a new position in shares of TJX Companies during the 4th quarter worth approximately $26,000. GGM Financials LLC bought a new position in shares of TJX Companies during the 3rd quarter worth approximately $27,000. Finally, Joseph Group Capital Management bought a new position in shares of TJX Companies during the 4th quarter worth approximately $27,000. 91.09% of the stock is owned by institutional investors.

Insider Activity at TJX Companies

In other news, CFO John Klinger sold 6,235 shares of the firm’s stock in a transaction dated 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 completion of the sale, the chief financial officer owned 64,257 shares in the company, valued at approximately $10,330,597.89. This trade represents a 8.84% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Chairman Carol Meyrowitz sold 55,624 shares of the firm’s stock in a transaction dated 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 sale, the chairman owned 201,496 shares of the company’s stock, valued at approximately $32,974,820.40. This represents a 21.63% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 130,367 shares of company stock worth $20,959,476. 0.13% of the stock is owned by corporate insiders.

TJX Companies Stock Performance

NYSE TJX opened at $168.42 on Friday. The firm has a 50-day moving average of $157.61 and a 200-day moving average of $156.08. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.54 and a current ratio of 1.14. The stock has a market cap of $186.05 billion, a PE ratio of 32.70, a P/E/G ratio of 3.65 and a beta of 0.62. The TJX Companies, Inc. has a 52-week low of $119.84 and a 52-week high of $170.00.

TJX Companies (NYSE:TJX) last posted its earnings results on Wednesday, May 20th. The apparel and home fashions retailer reported $1.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.02 by $0.17. The company had revenue of $14.32 billion during the quarter, compared to analysts’ expectations of $14.02 billion. TJX Companies had a net margin of 9.40% and a return on equity of 57.92%. TJX Companies’s quarterly revenue was up 9.2% compared to the same quarter last year. During the same quarter last year, the company posted $0.92 EPS. 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. On average, sell-side analysts anticipate that The TJX Companies, Inc. will post 5.17 EPS for the current year.

TJX Companies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Thursday, August 13th will be paid a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Thursday, August 13th. TJX Companies’s dividend payout ratio (DPR) is currently 37.28%.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. Truist Financial set a $190.00 price target on shares of TJX Companies and gave the stock a “buy” rating in a research note on Thursday, May 21st. Barclays reaffirmed an “overweight” rating and set a $190.00 price target (up from $183.00) on shares of TJX Companies in a research note on Thursday, May 21st. Wall Street Zen raised TJX Companies from a “hold” rating to a “buy” rating in a report on Saturday, March 28th. Weiss Ratings downgraded TJX Companies from a “buy (a-)” rating to a “buy (b+)” rating in a report on Friday, May 8th. Finally, UBS Group reissued a “buy” rating on shares of TJX Companies in a report on Tuesday. Three equities research analysts have rated the stock with a Strong Buy rating and twenty have given a Buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of $174.58.

Key TJX Companies News

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

• Positive Sentiment: Analyst coverage remained constructive, including Erste Group raising earnings estimates for FY2027 and FY2028, adding to expectations that TJX can continue delivering solid profit growth.
• Positive Sentiment: Recent articles pointed to TJX hitting a 52-week high, supported by strong customer traffic, off-price demand, and global expansion, which can fuel investor confidence in continued momentum.
• Positive Sentiment: The company’s quarterly dividend announcement underscores a steady cash-return profile and may appeal to income-oriented investors.
• Neutral Sentiment: Several headlines described TJX as a strong momentum or growth stock, but these were largely commentary pieces rather than new fundamental developments.
• Neutral Sentiment: Director Jackwyn Nemerov’s sale of TJX shares and Chairman Carol Meyrowitz’s larger share sale may draw attention, but insider selling does not necessarily indicate a change in business fundamentals.
• Negative Sentiment: Some coverage noted ongoing risks from costs and the broader macroeconomic environment, which could pressure margins if conditions weaken.

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.