Brookstone Capital Management Has $2.99 Million Stake in The TJX Companies, Inc. $TJX

Brookstone Capital Management lifted its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 49.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 19,474 shares of the apparel and home fashions retailer’s stock after acquiring an additional 6,400 shares during the quarter. Brookstone Capital Management’s holdings in TJX Companies were worth $2,991,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in TJX. Alliancebernstein L.P. lifted its holdings in TJX Companies by 91.6% during the 3rd quarter. Alliancebernstein L.P. now owns 6,712,226 shares of the apparel and home fashions retailer’s stock valued at $970,185,000 after purchasing an additional 3,208,458 shares during the last quarter. Corient Private Wealth LLC boosted its position in TJX Companies by 120.7% during the second quarter. Corient Private Wealth LLC now owns 5,016,792 shares of the apparel and home fashions retailer’s stock worth $620,406,000 after purchasing an additional 2,743,676 shares during the period. Amundi increased its holdings in shares of TJX Companies by 22.1% in the third quarter. Amundi now owns 9,725,542 shares of the apparel and home fashions retailer’s stock valued at $1,391,822,000 after purchasing an additional 1,761,281 shares during the last quarter. Mackenzie Financial Corp increased its holdings in shares of TJX Companies by 81.2% in the third quarter. Mackenzie Financial Corp now owns 3,198,579 shares of the apparel and home fashions retailer’s stock valued at $462,323,000 after purchasing an additional 1,433,801 shares during the last quarter. Finally, Steadfast Capital Management LP raised its position in shares of TJX Companies by 198.8% in the third quarter. Steadfast Capital Management LP now owns 2,053,266 shares of the apparel and home fashions retailer’s stock valued at $296,779,000 after purchasing an additional 1,366,066 shares during the period. 91.09% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on TJX. Argus upgraded shares of TJX Companies to a “strong-buy” rating in a research note on Tuesday, March 3rd. BTIG Research reissued a “buy” rating and issued a $185.00 price target (up from $165.00) on shares of TJX Companies in a report on Thursday, February 26th. Robert W. Baird set a $168.00 price objective on shares of TJX Companies in a research report on Wednesday, December 17th. Telsey Advisory Group boosted their price objective on TJX Companies from $170.00 to $175.00 and gave the stock an “outperform” rating in a report on Thursday, February 26th. Finally, Wall Street Zen raised TJX Companies from a “hold” rating to a “buy” rating in a research report on Saturday, March 28th. Four investment analysts have rated the stock with a Strong Buy rating and twenty-one have given a Buy rating to the stock. Based on data from MarketBeat.com, TJX Companies has an average rating of “Buy” and a consensus price target of $167.55.

TJX Companies Trading Down 0.4%

Shares of TJX Companies stock opened at $161.37 on Friday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.59 and a current ratio of 1.14. The firm has a 50-day moving average of $155.89 and a 200-day moving average of $151.06. The TJX Companies, Inc. has a 52-week low of $116.37 and a 52-week high of $162.68. The stock has a market cap of $179.19 billion, a PE ratio of 33.07, a PEG ratio of 3.73 and a beta of 0.73.

TJX Companies (NYSE:TJX) last released its quarterly earnings results on Wednesday, February 25th. The apparel and home fashions retailer reported $1.43 EPS for the quarter, topping analysts’ consensus estimates of $1.38 by $0.05. TJX Companies had a net margin of 9.10% and a return on equity of 57.70%. The business had revenue of $17.74 billion for the quarter, compared to analyst estimates of $17.36 billion. During the same period last year, the firm earned $1.23 earnings per share. TJX Companies’s revenue for the quarter was up 8.5% compared to the same quarter last year. TJX Companies has set its FY 2027 guidance at 4.930-5.020 EPS and its Q1 2027 guidance at 0.970-0.990 EPS. As a group, sell-side analysts forecast that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 4th. Stockholders of record on Thursday, May 14th will be issued a dividend of $0.48 per share. This is a boost from TJX Companies’s previous quarterly dividend of $0.43. This represents a $1.92 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Thursday, May 14th. TJX Companies’s payout ratio is 39.34%.

Key TJX Companies News

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

• Positive Sentiment: Board approved a 13% quarterly dividend increase (to $0.48) and reiterated a sizable share-repurchase plan ($2.50–$2.75B for FY2027), reinforcing capital-return commitment and supporting investor income and EPS lift from buybacks. Article Title
• Positive Sentiment: Market coverage highlights TJX as a dividend grower and defensive name amid geopolitical tensions and inflation/labor concerns — a narrative that can attract income-focused and risk-off flows. Article Title
• Positive Sentiment: Technical/sector momentum: IBD and other outlets flag TJX as “stock of the day”/near a breakout, noting off-price retailers could benefit from supply-chain disruption tied to the Iran war — a potential near-term tailwind for sales and margins. Article Title
• Neutral Sentiment: Sector peers showing strength (Ross up after earnings; Burlington flirting with a breakout) supports a constructive retail/off-price group backdrop, which may help TJX sentiment if the group continues to outperform. Article Title Read More.
• Neutral Sentiment: Media pieces reiterate that TJX’s modest but growing dividend remains strategically meaningful for investors; coverage may sustain interest from income-minded funds but is less likely to drive rapid re-rating alone. Article Title
• Negative Sentiment: Valuation and technical risk: TJX trades near its 12‑month high with a PE ~33 and PEG ~3.7, leaving limited margin for error; today’s decline and below-average volume suggest profit-taking or sensitivity to broader market weakness. (Background: company fundamentals/price action and intraday volume.)

Insider Buying and Selling at TJX Companies

In related news, CEO Ernie Herrman sold 30,000 shares of the business’s stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $160.95, for a total value of $4,828,500.00. Following the completion of the sale, the chief executive officer directly owned 479,316 shares in the company, valued at approximately $77,145,910.20. The trade was a 5.89% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 0.13% 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.