Alcosta Capital Management Inc. Invests $3.20 Million in The TJX Companies, Inc. $TJX

Alcosta Capital Management Inc. purchased a new position in The TJX Companies, Inc. (NYSE:TJX) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 20,848 shares of the apparel and home fashions retailer’s stock, valued at approximately $3,202,000. TJX Companies makes up about 2.0% of Alcosta Capital Management Inc.’s investment portfolio, making the stock its 22nd biggest holding.

Other hedge funds have also recently made changes to their positions in the company. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna raised its holdings in 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 worth $25,000 after acquiring an additional 89 shares during the last quarter. Entrust Financial LLC purchased a new position in TJX Companies in the 4th quarter worth approximately $26,000. IMG Wealth Management Inc. raised its holdings in TJX Companies by 65.7% in the 4th quarter. IMG Wealth Management Inc. now owns 174 shares of the apparel and home fashions retailer’s stock worth $27,000 after acquiring an additional 69 shares during the last quarter. Joseph Group Capital Management purchased a new position in TJX Companies in the 4th quarter worth approximately $27,000. Finally, Miller Global Investments LLC purchased a new position in TJX Companies in the 4th quarter worth approximately $28,000. 91.09% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. Robert W. Baird boosted their price objective on shares of TJX Companies from $172.00 to $175.00 and gave the stock an “outperform” rating in a report on Thursday, May 21st. Sanford C. Bernstein reiterated an “outperform” rating on shares of TJX Companies in a research note on Thursday, May 21st. UBS Group restated a “buy” rating on shares of TJX Companies in a research note on Tuesday. Argus raised shares of TJX Companies to a “strong-buy” rating in a report on Tuesday, March 3rd. Finally, Truist Financial set a $190.00 target price on shares of TJX Companies and gave the stock a “buy” rating in a report on Thursday, May 21st. Three analysts have rated the stock with a Strong Buy rating and twenty have issued a Buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of $174.58.

Insider Activity at TJX Companies

In other news, CFO John Klinger sold 6,235 shares of the stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $160.77, for a total transaction of $1,002,400.95. Following the transaction, the chief financial officer directly owned 64,257 shares in the company, valued at approximately $10,330,597.89. This trade represents a 8.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Jackwyn Nemerov sold 957 shares of the stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $168.59, for a total transaction of $161,340.63. Following the transaction, the director owned 802 shares in the company, valued at approximately $135,209.18. This represents a 54.41% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 130,367 shares of company stock valued at $20,959,476. 0.13% of the stock is owned by insiders.

TJX Companies Stock Performance

TJX Companies stock opened at $168.42 on Friday. 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 TJX Companies, Inc. has a 1-year low of $119.84 and a 1-year high of $170.00. The firm has a market capitalization of $186.05 billion, a P/E ratio of 32.70, a price-to-earnings-growth ratio of 3.65 and a beta of 0.62. The company’s 50-day moving average is $157.61 and its 200 day moving average is $156.08.

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 analysts’ consensus estimates 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 analyst estimates of $14.02 billion. During the same period in the prior year, the company posted $0.92 EPS. The firm’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. Research analysts forecast that The TJX Companies, Inc. will post 5.17 EPS for the current year.

TJX Companies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Thursday, August 13th will be given a dividend of $0.48 per share. The ex-dividend date of this dividend is Thursday, August 13th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 1.1%. TJX Companies’s dividend payout ratio (DPR) is 37.28%.

More TJX Companies News

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.

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.