Sawyer & Company Inc Makes New $6.77 Million Investment in The TJX Companies, Inc. $TJX

Sawyer & Company Inc bought a new position in The TJX Companies, Inc. (NYSE:TJX) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 51,196 shares of the apparel and home fashions retailer’s stock, valued at approximately $6,774,000. TJX Companies accounts for about 2.3% of Sawyer & Company Inc’s portfolio, making the stock its 10th biggest position.

Other institutional investors have also recently bought and sold shares of the company. Cetera Trust Company N.A bought a new position in shares of TJX Companies in the second quarter worth about $27,000. Kelly Lawrence W & Associates Inc. CA acquired a new position in shares of TJX Companies during the 2nd quarter worth about $35,000. Cedar Mountain Advisors LLC boosted its stake in TJX Companies by 47.7% during the 1st quarter. Cedar Mountain Advisors LLC now owns 226 shares of the apparel and home fashions retailer’s stock valued at $36,000 after purchasing an additional 73 shares during the period. Evergreen Advisors LLC bought a new stake in TJX Companies during the 1st quarter valued at approximately $36,000. Finally, LifeSteps Financial Inc. acquired a new stake in TJX Companies in the 2nd quarter valued at approximately $40,000. Institutional investors own 91.09% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have commented on the company. Citigroup downgraded TJX Companies from a “buy” rating to a “neutral” rating and dropped their price target for the stock from $182.00 to $154.00 in a research report on Thursday, August 20th. Weiss Ratings reissued a “buy (b)” rating on shares of TJX Companies in a research report on Monday. The Goldman Sachs Group lowered their price objective on shares of TJX Companies from $194.00 to $178.00 and set a “buy” rating on the stock in a research note on Thursday, August 20th. Erste Group Bank lowered shares of TJX Companies from a “buy” rating to a “hold” rating in a research report on Wednesday, July 15th. Finally, Sanford C. Bernstein reiterated an “outperform” rating and set a $175.00 target price on shares of TJX Companies in a research note on Tuesday, August 25th. Twenty-one investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, TJX Companies has an average rating of “Moderate Buy” and a consensus target price of $174.86.

TJX Companies Stock Performance

TJX traded down $0.35 on Wednesday, hitting $146.64. 1,215,014 shares of the stock traded hands, compared to its average volume of 6,080,087. The TJX Companies, Inc. has a 52 week low of $122.78 and a 52 week high of $170.00. The company has a current ratio of 1.15, a quick ratio of 0.56 and a debt-to-equity ratio of 0.18. The firm has a market capitalization of $161.30 billion, a PE ratio of 27.13, a P/E/G ratio of 2.66 and a beta of 0.56. The business has a fifty day moving average price of $136.43 and a two-hundred day moving average price of $149.97.

TJX Companies (NYSE:TJX) last announced its quarterly earnings data on Wednesday, August 19th. The apparel and home fashions retailer reported $1.22 EPS for the quarter, topping analysts’ consensus estimates of $1.19 by $0.03. TJX Companies had a return on equity of 56.56% and a net margin of 9.73%. The company had revenue of $15.18 billion during the quarter, compared to the consensus estimate of $15.16 billion. During the same quarter last year, the company earned $1.10 EPS. The company’s quarterly revenue was up 5.4% on a year-over-year basis. TJX Companies has set its FY 2027 guidance at 5.150-5.200 EPS and its Q3 2027 guidance at 1.360-1.380 EPS. On average, research analysts predict that The TJX Companies, Inc. will post 5.22 EPS for the current fiscal year.

TJX Companies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 3rd. Investors of record on Thursday, November 12th will be given a $0.48 dividend. This represents a $1.92 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend is Thursday, November 12th. TJX Companies’s dividend payout ratio (DPR) is 35.49%.

More TJX Companies News

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

• Positive Sentiment: Strong off-price momentum: TJX’s fiscal 2027 second-quarter comparable sales rose 4%, while earnings per share increased 24% year over year. Management reported abundant merchandise supply, allowing the retailer to offer bargains and potentially take market share from full-price competitors. TJX bargain supply and store growth article
• Positive Sentiment: Analyst price-target increase: Gordon Haskett raised its target for TJX to $175, signaling continued confidence in the company’s earnings durability and defensive, value-oriented retail model. Gordon Haskett raises TJX price target
• Positive Sentiment: Favorable value comparison: A comparison with Target is focused on which retailer offers better value for investors. TJX’s stronger recent operating momentum and exposure to consumers seeking discounts support its investment case, although valuation remains an important consideration. TGT or TJX value stock comparison
• Neutral Sentiment: Executive transition: Senior Executive Vice President and Group President Kenneth Canestrari is beginning a phased retirement. The announcement is not described as an operational change, but investors may monitor succession planning and execution during the transition. TJX executive retirement announcement
• Negative Sentiment: Valuation and growth concerns: Commentary questions whether TJX’s strong long-term share-price performance is fully supported by future cash flows. Planned store-growth acceleration to 4% beginning in fiscal 2028 is encouraging, but it raises the risk that buyers may have difficulty maintaining the company’s current merchandise-sourcing advantage as the store base expands. TJX fair value and cash flow analysis

TJX Companies Profile

The TJX Companies, Inc (NYSE: TJX) is an off-price retailer specializing in apparel, footwear, accessories, and home merchandise. Its stores offer branded and designer products at prices generally below those of full-price retailers, using a flexible purchasing model that allows the company to acquire merchandise from manufacturers, retailers, and other suppliers.

The company operates a portfolio of retail banners, including T.J. Maxx, Marshalls, HomeGoods, Sierra, and Homesense in the United States; Winners, HomeSense, and Marshalls in Canada; and TK Maxx and Homesense in Europe and Australia.