Empirical Financial Services LLC d.b.a. Empirical Wealth Management Raises Position in The TJX Companies, Inc. $TJX

Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its holdings in The TJX Companies, Inc. (NYSE:TJX) by 6.7% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 68,821 shares of the apparel and home fashions retailer’s stock after purchasing an additional 4,338 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in TJX Companies were worth $10,426,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in TJX. Norges Bank purchased a new position in shares of TJX Companies in the fourth quarter worth about $2,211,975,000. Diamant Asset Management Inc. lifted its stake in shares of TJX Companies by 15,998.0% in the 1st quarter. Diamant Asset Management Inc. now owns 3,779,983 shares of the apparel and home fashions retailer’s stock valued at $603,663,000 after acquiring an additional 3,756,502 shares during the last quarter. Corient Private Wealth LLC boosted its holdings in TJX Companies by 120.7% during 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 acquiring an additional 2,743,676 shares during the period. Amundi boosted its holdings in TJX Companies by 22.1% during 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 acquiring an additional 1,761,281 shares during the period. Finally, AQR Capital Management LLC grew its position in TJX Companies by 57.3% during the 4th quarter. AQR Capital Management LLC now owns 4,814,467 shares of the apparel and home fashions retailer’s stock worth $739,550,000 after acquiring an additional 1,753,155 shares during the last quarter. 91.09% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, Director Jackwyn Nemerov sold 957 shares of the firm’s stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $168.59, for a total value of $161,340.63. Following the completion of the sale, the director owned 802 shares of the company’s stock, valued at $135,209.18. This trade represents a 54.41% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Ernie Herrman sold 29,549 shares of the firm’s stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $157.46, for a total value of $4,652,785.54. Following the completion of the sale, the chief executive officer directly owned 552,850 shares of the company’s stock, valued at $87,051,761. The trade was a 5.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 130,367 shares of company stock worth $20,959,476 in the last ninety days. Insiders own 0.15% of the company’s stock.

TJX Companies Stock Up 0.7%

NYSE TJX opened at $153.63 on Friday. The TJX Companies, Inc. has a 1 year low of $132.01 and a 1 year high of $170.00. The stock has a market capitalization of $169.71 billion, a PE ratio of 29.83, a PEG ratio of 3.29 and a beta of 0.62. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.14 and a quick ratio of 0.54. The business’s 50-day moving average is $157.80 and its 200 day moving average is $156.77.

TJX Companies (NYSE:TJX) last released its quarterly earnings results on Wednesday, May 20th. The apparel and home fashions retailer reported $1.19 EPS for the quarter, beating analysts’ consensus estimates of $1.02 by $0.17. TJX Companies had a return on equity of 57.92% and a net margin of 9.40%.The business had revenue of $14.32 billion during the quarter, compared to analyst estimates of $14.02 billion. During the same quarter in the prior year, the company posted $0.92 EPS. TJX Companies’s quarterly revenue 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. Sell-side analysts forecast that The TJX Companies, Inc. will post 5.19 earnings per share for the current year.

TJX Companies Dividend Announcement

The firm 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. The ex-dividend date of this dividend is Thursday, August 13th. This represents a $1.92 annualized dividend and a dividend yield of 1.2%. TJX Companies’s payout ratio is 37.28%.

TJX Companies News Roundup

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

• Positive Sentiment: Analysts expect TJX to potentially exceed quarterly expectations, with value-oriented demand, stronger traffic and margin gains providing support. The company’s prior quarter also produced an earnings and revenue beat, raising optimism ahead of the release. Is TJX Companies Positioned for a Beat in Q2 Earnings Release?
• Positive Sentiment: T.J. Maxx, TJX’s largest banner, plans to open five stores and relocate two others by the end of August. The expansion reinforces the company’s ability to grow its store base and capture demand for discounted apparel and home goods. T.J. Maxx opening 5 new stores in these 5 states in August
• Positive Sentiment: Broader retail commentary indicates consumers remain resilient but are prioritizing value and convenience—conditions that favor TJX’s off-price model. Retail ETFs: Following the Selective Consumer
• Neutral Sentiment: Positive outlooks for Ross Stores and an analyst upgrade of Five Below suggest healthy interest in discount retail, but they are peer developments rather than direct changes to TJX’s fundamentals. Ross Stores Earnings Expected to Grow
• Negative Sentiment: The upcoming earnings report remains a near-term risk: any miss against elevated expectations or cautious guidance could pressure the stock, which trades at a relatively high earnings multiple. TJX also recently lagged the broader market in an earlier session. TJX Dips More Than Broader Market

Analyst Ratings Changes

A number of equities analysts have commented on the company. JPMorgan Chase & Co. lifted their price target on TJX Companies from $173.00 to $174.00 and gave the stock an “overweight” rating in a research note on Monday, May 18th. Truist Financial set a $190.00 price objective on TJX Companies and gave the company a “buy” rating in a research note on Thursday, May 21st. BTIG Research raised their target price on shares of TJX Companies from $185.00 to $190.00 and gave the stock a “buy” rating in a report on Thursday, May 21st. Evercore reaffirmed an “outperform” rating and issued a $175.00 target price on shares of TJX Companies in a research note on Thursday, May 21st. Finally, Erste Group Bank lowered shares of TJX Companies from a “buy” rating to a “hold” rating in a report on Wednesday, July 15th. Two research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $177.94.

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.