Atalanta Sosnoff Capital LLC Boosts Holdings in The TJX Companies, Inc. $TJX

Atalanta Sosnoff Capital LLC lifted its stake in The TJX Companies, Inc. (NYSE:TJX) by 16.6% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 88,039 shares of the apparel and home fashions retailer’s stock after acquiring an additional 12,558 shares during the quarter. Atalanta Sosnoff Capital LLC’s holdings in TJX Companies were worth $13,524,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna grew its position in shares of TJX Companies by 120.3% in the 4th quarter. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna now owns 163 shares of the apparel and home fashions retailer’s stock valued at $25,000 after buying an additional 89 shares during the last quarter. Entrust Financial LLC purchased a new stake in shares of TJX Companies during the fourth quarter worth about $26,000. IMG Wealth Management Inc. grew its holdings in TJX Companies by 65.7% in the fourth quarter. IMG Wealth Management Inc. now owns 174 shares of the apparel and home fashions retailer’s stock valued at $27,000 after purchasing an additional 69 shares during the period. Joseph Group Capital Management purchased a new stake in TJX Companies during the fourth quarter worth approximately $27,000. Finally, Miller Global Investments LLC purchased a new stake in TJX Companies during the fourth quarter worth approximately $28,000. 91.09% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at TJX Companies

In related news, CEO Ernie Herrman sold 10,002 shares of the company’s stock in a transaction on Friday, June 5th. The stock was sold at an average price of $160.68, for a total transaction of $1,607,121.36. Following the completion of the sale, the chief executive officer owned 514,848 shares in the company, valued at approximately $82,725,776.64. This represents a 1.91% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Jackwyn Nemerov sold 957 shares of the company’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 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 position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 130,367 shares of company stock worth $20,959,476. Insiders own 0.13% of the company’s stock.

TJX Companies Trading Up 0.0%

Shares of TJX Companies stock opened at $168.42 on Friday. The stock has a market cap of $186.05 billion, a P/E ratio of 32.70, a P/E/G ratio of 3.65 and a beta of 0.62. 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 business’s 50 day moving average is $157.61 and its 200-day moving average is $156.08. The TJX Companies, Inc. has a 12-month low of $119.84 and a 12-month high of $170.00.

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

TJX Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Thursday, August 13th will be paid a $0.48 dividend. The ex-dividend date of this dividend is Thursday, August 13th. This represents a $1.92 annualized dividend and a yield of 1.1%. TJX Companies’s payout ratio is 37.28%.

Key Headlines Impacting TJX Companies

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.

Analyst Ratings Changes

Several analysts recently issued reports on TJX shares. UBS Group reaffirmed a “buy” rating on shares of TJX Companies in a report on Tuesday. Wells Fargo & Company reaffirmed an “outperform” rating and set a $160.00 price objective (up from $155.00) on shares of TJX Companies in a research note on Thursday, May 21st. Truist Financial set a $190.00 price objective on TJX Companies and gave the stock a “buy” rating in a report on Thursday, May 21st. JPMorgan Chase & Co. increased their price objective on TJX Companies from $173.00 to $174.00 and gave the company an “overweight” rating in a research report on Monday, May 18th. Finally, Robert W. Baird lifted their price objective on TJX Companies from $172.00 to $175.00 and gave the company an “outperform” rating in a report on Thursday, May 21st. Three research analysts have rated the stock with a Strong Buy rating and twenty have given a Buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $174.58.

TJX Companies Company 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.