Thornburg Investment Management Inc. Lowers Stock Position in The TJX Companies, Inc. $TJX

Thornburg Investment Management Inc. lessened its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 5.4% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 260,571 shares of the apparel and home fashions retailer’s stock after selling 14,816 shares during the quarter. Thornburg Investment Management Inc.’s holdings in TJX Companies were worth $40,026,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna boosted its stake in TJX Companies by 120.3% during the fourth quarter. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna now owns 163 shares of the apparel and home fashions retailer’s stock worth $25,000 after buying an additional 89 shares during the period. Entrust Financial LLC purchased a new position in TJX Companies during the fourth quarter worth about $26,000. Wilkerson Advisory Group LLC purchased a new position in TJX Companies during the fourth quarter worth about $26,000. IMG Wealth Management Inc. boosted its stake in TJX Companies by 65.7% during the fourth quarter. IMG Wealth Management Inc. now owns 174 shares of the apparel and home fashions retailer’s stock worth $27,000 after buying an additional 69 shares during the period. Finally, Joseph Group Capital Management purchased a new position in TJX Companies during the fourth quarter worth about $27,000. Hedge funds and other institutional investors own 91.09% of the company’s stock.

Analysts Set New Price Targets

TJX has been the subject of several research analyst reports. Weiss Ratings lowered shares of TJX Companies from a “buy (a-)” rating to a “buy (b+)” rating in a research note on Friday, May 8th. Barclays reissued an “overweight” rating and issued a $190.00 price objective (up from $183.00) on shares of TJX Companies in a research note on Thursday, May 21st. Telsey Advisory Group raised their price objective on shares of TJX Companies from $175.00 to $185.00 and gave the company an “outperform” rating in a research note on Thursday, May 21st. JPMorgan Chase & Co. raised their price objective on shares of TJX Companies from $173.00 to $174.00 and gave the company an “overweight” rating in a research note on Monday, May 18th. Finally, Argus raised shares of TJX Companies to a “strong-buy” rating in a research note on Tuesday, March 3rd. Three investment analysts have rated the stock with a Strong Buy rating and twenty have assigned a Buy rating to the stock. Based on data from MarketBeat, TJX Companies has a consensus rating of “Buy” and a consensus target price of $174.58.

Insider Activity at TJX Companies

In other TJX Companies news, CFO John Klinger sold 6,235 shares of the business’s stock in a transaction 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 sale, the chief financial officer directly owned 64,257 shares in the company, valued at approximately $10,330,597.89. The trade was a 8.84% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Jackwyn Nemerov sold 957 shares of the business’s stock in a transaction 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 owned 802 shares in the company, valued at $135,209.18. The trade was a 54.41% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 130,367 shares of company stock valued at $20,959,476 over the last 90 days. Company insiders own 0.13% of the company’s stock.

Trending Headlines about 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.

TJX Companies Stock Performance

NYSE:TJX opened at $168.42 on Monday. The firm’s fifty day moving average price is $157.61 and its 200 day moving average price is $156.13. The TJX Companies, Inc. has a 1-year low of $119.84 and a 1-year high of $170.00. 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 firm has a market cap of $186.05 billion, a price-to-earnings ratio of 32.70, a price-to-earnings-growth ratio of 3.65 and a beta of 0.62.

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, beating analysts’ consensus estimates of $1.02 by $0.17. The firm had revenue of $14.32 billion for the quarter, compared to analyst estimates of $14.02 billion. TJX Companies had a net margin of 9.40% and a return on equity of 57.92%. TJX Companies’s quarterly revenue was up 9.2% on a year-over-year basis. During the same period last year, the firm posted $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. On average, sell-side analysts expect 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. Shareholders of record on Thursday, August 13th will be given a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a dividend yield of 1.1%. The ex-dividend date is Thursday, August 13th. 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.