Dimensional Fund Advisors LP Increases Position in The TJX Companies, Inc. $TJX

Dimensional Fund Advisors LP grew its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 2.2% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 6,375,446 shares of the apparel and home fashions retailer’s stock after buying an additional 137,991 shares during the quarter. Dimensional Fund Advisors LP owned 0.58% of TJX Companies worth $1,017,963,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of TJX. NWK Group Inc. lifted its stake in shares of TJX Companies by 2.2% during the 1st quarter. NWK Group Inc. now owns 15,002 shares of the apparel and home fashions retailer’s stock worth $2,396,000 after acquiring an additional 325 shares during the last quarter. Balefire LLC grew its position in TJX Companies by 51.3% in the 1st quarter. Balefire LLC now owns 6,698 shares of the apparel and home fashions retailer’s stock valued at $1,070,000 after acquiring an additional 2,271 shares during the last quarter. AlphaCentric Advisors LLC bought a new position in TJX Companies in the 1st quarter valued at $270,000. Planning Alternatives Ltd. ADV increased its stake in TJX Companies by 53.1% in the first quarter. Planning Alternatives Ltd. ADV now owns 2,042 shares of the apparel and home fashions retailer’s stock worth $326,000 after purchasing an additional 708 shares during the period. Finally, Broderick Brian C increased its stake in TJX Companies by 4.4% in the first quarter. Broderick Brian C now owns 109,283 shares of the apparel and home fashions retailer’s stock worth $17,452,000 after purchasing an additional 4,589 shares during the period. 91.09% of the stock is currently owned by hedge funds and other institutional investors.

TJX Companies Price Performance

TJX opened at $154.51 on Monday. The TJX Companies, Inc. has a 12-month low of $122.00 and a 12-month high of $170.00. The company has a current ratio of 1.14, a quick ratio of 0.54 and a debt-to-equity ratio of 0.18. The business’s fifty day simple moving average is $156.54 and its 200-day simple moving average is $156.53. The company has a market capitalization of $170.69 billion, a price-to-earnings ratio of 30.00, a PEG ratio of 3.35 and a beta of 0.63.

TJX Companies (NYSE:TJX) last issued its earnings results on Wednesday, May 20th. The apparel and home fashions retailer reported $1.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.02 by $0.17. TJX Companies had a net margin of 9.40% and a return on equity of 57.92%. The company had revenue of $14.32 billion for the quarter, compared to analysts’ expectations of $14.02 billion. During the same period in the prior year, the business earned $0.92 EPS. The firm’s quarterly revenue was up 9.2% on a year-over-year basis. 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, equities research analysts anticipate that The TJX Companies, Inc. will post 5.17 earnings per share for the current fiscal year.

TJX Companies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Thursday, August 13th will be issued a dividend of $0.48 per share. The ex-dividend date is Thursday, August 13th. This represents a $1.92 dividend on an annualized basis and a yield of 1.2%. TJX Companies’s dividend payout ratio is currently 37.28%.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. BTIG Research boosted their target price on shares of TJX Companies from $185.00 to $190.00 and gave the company a “buy” rating in a research note on Thursday, May 21st. Robert W. Baird raised their price target on shares of TJX Companies from $172.00 to $175.00 and gave the stock an “outperform” rating in a research note on Thursday, May 21st. Telsey Advisory Group boosted their price objective on shares of TJX Companies from $175.00 to $185.00 and gave the company an “outperform” rating in a research report on Thursday, May 21st. Citigroup restated 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. Finally, Weiss Ratings raised shares of TJX Companies from a “buy (b)” rating to a “buy (b+)” rating in a research report on Monday, July 6th. Two research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $176.89.

More TJX Companies News

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

• Positive Sentiment: TJX is being cited as one of the retail stocks positioned to benefit from stronger June retail sales and surging online spending, reinforcing the view that off-price retail demand remains resilient. 5 Solid Stocks to Boost Your Portfolio as Retail Sales Continue to Surge
• Positive Sentiment: A recent market note says TJX has risen on earnings optimism, with investors focusing on whether the company can deliver another strong quarter and justify its premium valuation. Can TJX Companies (TJX) Justify Its Valuation After Rising On Earnings Optimism?
• Positive Sentiment: TJX was also highlighted in “great rotation” commentary as a stock that could benefit if investors continue moving away from megacap tech and into consumer and value-oriented names. The Great Rotation: 5 Stocks Set to Win as Money Leaves Megacap Tech
• Neutral Sentiment: Recent commentary also notes that TJX has been mixed over the past month, despite strong longer-term returns, suggesting investors are weighing growth durability against the stock’s already rich run. Can TJX Companies (TJX) Justify Its Valuation After Rising On Earnings Optimism?
• Negative Sentiment: Valuation remains a concern, with analysts questioning how much upside is left after the stock’s strong performance, which could limit near-term gains. Can TJX Companies (TJX) Justify Its Valuation After Rising On Earnings Optimism?
• Negative Sentiment: Erste Group Bank reportedly downgraded TJX to Hold, adding a note of caution around the stock’s near-term risk/reward. TJX Companies (NYSE:TJX) Downgraded by Erste Group Bank to “Hold”

Insider Buying and Selling

In other news, CEO Ernie Herrman sold 10,002 shares of the business’s stock in a transaction on Friday, June 5th. The stock was 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. The trade was a 1.91% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO John Klinger sold 6,235 shares of the business’s stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $160.77, for a total transaction of $1,002,400.95. Following the completion of the transaction, the chief financial officer owned 64,257 shares of the company’s stock, valued at $10,330,597.89. This represents a 8.84% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 130,367 shares of company stock worth $20,959,476 in the last three months. Corporate insiders own 0.15% of the company’s stock.

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.