Haverford Financial Services Inc. Buys New Stake in The TJX Companies, Inc. $TJX

Haverford Financial Services Inc. purchased a new position in The TJX Companies, Inc. (NYSE:TJX) in the 2nd quarter, Holdings Channel.com reports. The firm purchased 73,557 shares of the apparel and home fashions retailer’s stock, valued at approximately $11,144,000. TJX Companies accounts for approximately 3.3% of Haverford Financial Services Inc.’s holdings, making the stock its 13th biggest position.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. BlackRock Inc. acquired a new stake in TJX Companies during the second quarter valued at approximately $16,489,926,000. Norges Bank acquired a new position in shares of TJX Companies in the 4th quarter worth approximately $2,211,975,000. Bank of New York Mellon Corp bought a new position in shares of TJX Companies during the 2nd quarter worth approximately $1,598,731,000. Deutsche Bank AG bought a new position in shares of TJX Companies during the 2nd quarter worth approximately $866,901,000. Finally, Diamant Asset Management Inc. boosted its stake in 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 buying an additional 3,756,502 shares in the last quarter. Institutional investors own 91.09% of the company’s stock.

TJX Companies News Summary

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

• Positive Sentiment: TJX reported revenue of $15.18 billion and adjusted EPS of $1.22, surpassing consensus estimates of $15.16 billion and $1.19, respectively. Comparable-store sales increased 4%, while adjusted earnings rose 11% year over year. TJX beats Q2 expectations despite self-inflicted apparel slump
• Positive Sentiment: Management raised fiscal 2027 EPS guidance to $5.15–$5.20 and increased its long-term store target to 7,500 locations, supporting the company’s longer-term growth outlook. TJX outlines 7,500-store target while raising FY2027 EPS
• Positive Sentiment: Winners, Marshalls and HomeSense are reportedly gaining significant market share in Canada, while HomeGoods and international operations also provided important sources of strength. TJX says Canadian banners are gaining market share
• Neutral Sentiment: Some analysts view the post-earnings sell-off as a buying opportunity, with BTIG reaffirming a Buy rating and a $190 price target; UBS characterized the Marmaxx weakness as potentially isolated. A rare stumble at TJX has Wall Street spooked
• Negative Sentiment: Marmaxx, which includes TJ Maxx and Marshalls in the United States, delivered a disappointing comparable-sales performance. Management blamed merchandising and apparel-mix mistakes, but analysts also cited tougher off-price competition and consumer resistance to price increases. TJX blames merchandising missteps for rare US miss
• Negative Sentiment: Fiscal third-quarter guidance fell short of expectations, increasing concerns about near-term margin pressure and execution. Citi downgraded TJX to Neutral, while Wells Fargo cut its price target to $140 and assigned an Equal Weight rating. TJX Q2 beat but Marmaxx lags and Q3 guidance falls short

TJX Companies Stock Performance

TJX Companies stock opened at $140.58 on Monday. The stock has a 50-day simple moving average of $155.63 and a 200 day simple moving average of $156.68. The stock has a market capitalization of $155.30 billion, a price-to-earnings ratio of 25.99, a P/E/G ratio of 2.71 and a beta of 0.62. The company has a quick ratio of 0.56, a current ratio of 1.15 and a debt-to-equity ratio of 0.18. The TJX Companies, Inc. has a 12-month low of $134.74 and a 12-month high of $170.00.

TJX Companies (NYSE:TJX) last posted its quarterly earnings data on Wednesday, August 19th. The apparel and home fashions retailer reported $1.22 earnings per share for the quarter, beating the consensus estimate of $1.19 by $0.03. TJX Companies had a net margin of 9.73% and a return on equity of 56.56%. The firm had revenue of $15.18 billion during the quarter, compared to analysts’ expectations of $15.16 billion. During the same quarter last year, the company posted $1.10 EPS. The company’s quarterly revenue was up 5.4% compared to the same quarter last year. 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 anticipate that The TJX Companies, Inc. will post 5.22 earnings per share for the current fiscal year.

TJX Companies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Investors 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 dividend yield of 1.4%. TJX Companies’s dividend payout ratio (DPR) is currently 35.49%.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on TJX shares. Gordon Haskett reiterated an “accumulate” rating and issued a $155.00 price target on shares of TJX Companies in a research report on Thursday. Evercore reissued an “outperform” rating and set a $173.00 price objective on shares of TJX Companies in a report on Thursday. Weiss Ratings downgraded shares of TJX Companies from a “buy (b+)” rating to a “buy (b)” rating in a research note on Tuesday, July 21st. JPMorgan Chase & Co. upped their target price on shares of TJX Companies from $173.00 to $174.00 and gave the stock an “overweight” rating in a report on Monday, May 18th. Finally, Erste Group Bank downgraded shares of TJX Companies from a “buy” rating to a “hold” rating in a report on Wednesday, July 15th. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $173.89.

Insider Activity at TJX Companies

In other TJX Companies news, CEO Ernie Herrman sold 29,549 shares of the stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $157.46, for a total value of $4,652,785.54. Following the transaction, the chief executive officer directly owned 552,850 shares in the company, valued at approximately $87,051,761. This trade represents a 5.07% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Jackwyn Nemerov sold 957 shares of TJX Companies stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $168.59, for a total value of $161,340.63. Following the completion of the sale, the director directly owned 802 shares of the company’s stock, valued at $135,209.18. This trade represents a 54.41% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 130,367 shares of company stock worth $20,959,476. Company insiders own 0.15% of the company’s stock.

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.