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

Dimensional Fund Advisors LP boosted its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 2.2% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 6,375,446 shares of the apparel and home fashions retailer’s stock after purchasing an additional 137,991 shares during the period. Dimensional Fund Advisors LP’s holdings in TJX Companies were worth $1,017,963,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Norges Bank acquired a new stake in shares of TJX Companies during the fourth quarter worth $2,211,975,000. Diamant Asset Management Inc. increased its position 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 period. Corient Private Wealth LLC raised its stake in TJX Companies by 120.7% in the 2nd 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 acquiring an additional 2,743,676 shares during the last quarter. Amundi lifted its position 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 worth $1,391,822,000 after acquiring an additional 1,761,281 shares during the period. Finally, AQR Capital Management LLC lifted 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 period. Institutional investors and hedge funds own 91.09% of the company’s stock.

TJX Companies News Roundup

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”

Analyst Ratings Changes

Several analysts have weighed in on TJX shares. JPMorgan Chase & Co. boosted their price target on TJX Companies from $173.00 to $174.00 and gave the company an “overweight” rating in a research note on Monday, May 18th. Truist Financial set a $190.00 target price on TJX Companies and gave the company a “buy” rating in a research report on Thursday, May 21st. Barclays reiterated an “overweight” rating and issued a $190.00 price target (up from $183.00) on shares of TJX Companies in a report on Thursday, May 21st. 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. Finally, Evercore restated an “outperform” rating and set a $175.00 price objective on shares of TJX Companies in a research note on Thursday, May 21st. Two 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’s stock. According to MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $176.89.

Insider Buying and Selling

In other TJX Companies news, Chairman Carol Meyrowitz sold 55,624 shares of the company’s stock in a transaction that occurred on Tuesday, June 9th. The stock was sold at an average price of $163.65, for a total value of $9,102,867.60. Following the sale, the chairman owned 201,496 shares in the company, valued at approximately $32,974,820.40. This represents a 21.63% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Jackwyn Nemerov sold 957 shares of the firm’s stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $168.59, for a total transaction of $161,340.63. Following the sale, the director directly owned 802 shares in the company, valued at $135,209.18. The trade was a 54.41% 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. 0.15% of the stock is currently owned by company insiders.

TJX Companies Stock Performance

NYSE TJX opened at $154.51 on Monday. The stock has a 50-day simple moving average of $156.54 and a two-hundred day simple moving average of $156.53. The firm has a market capitalization of $170.69 billion, a P/E ratio of 30.00, a PEG ratio of 3.35 and a beta of 0.63. The TJX Companies, Inc. has a fifty-two week low of $122.00 and a fifty-two week high of $170.00. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.54 and a current ratio of 1.14.

TJX Companies (NYSE:TJX) last issued its quarterly earnings data on Wednesday, May 20th. The apparel and home fashions retailer reported $1.19 earnings per share (EPS) for the quarter, beating the consensus estimate 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 analysts’ expectations of $14.02 billion. During the same quarter in the previous year, the firm posted $0.92 EPS. The company’s revenue for the quarter 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 analysts forecast that The TJX Companies, Inc. will post 5.17 earnings per share for the current year.

TJX Companies Dividend Announcement

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

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.