Landscape Capital Management L.L.C. Acquires New Holdings in The TJX Companies, Inc. $TJX

Landscape Capital Management L.L.C. bought a new stake in The TJX Companies, Inc. (NYSE:TJX) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 5,231 shares of the apparel and home fashions retailer’s stock, valued at approximately $792,000.

Several other large investors also recently added to or reduced their stakes in the business. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna lifted its stake in shares of 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 valued at $25,000 after purchasing an additional 89 shares during the last quarter. Entrust Financial LLC bought a new stake in TJX Companies in the fourth quarter worth $26,000. Wilkerson Advisory Group LLC acquired a new position in TJX Companies during the fourth quarter worth $26,000. Joseph Group Capital Management acquired a new position in TJX Companies during the fourth quarter worth $27,000. Finally, IMG Wealth Management Inc. raised its holdings 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 valued at $27,000 after buying an additional 69 shares in the last quarter. 91.09% of the stock is owned by institutional investors.

TJX Companies Trading Up 0.0%

Shares of NYSE:TJX opened at $140.58 on Monday. The company has a market cap of $155.30 billion, a P/E ratio of 25.99, a P/E/G ratio of 2.71 and a beta of 0.62. The stock’s 50-day moving average is $155.63 and its 200-day moving average is $156.68. The TJX Companies, Inc. has a 52-week low of $134.74 and a 52-week high of $170.00. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.56 and a current ratio of 1.15.

TJX Companies (NYSE:TJX) last posted 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 business had revenue of $15.18 billion for the quarter, compared to analyst estimates of $15.16 billion. During the same period in the previous year, the company posted $1.10 earnings per share. The firm’s revenue for the quarter 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. Equities research analysts predict that The TJX Companies, Inc. will post 5.22 earnings per share for the current year.

TJX Companies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Thursday, August 13th will be given a $0.48 dividend. This represents a $1.92 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Thursday, August 13th. TJX Companies’s payout ratio is currently 35.49%.

Wall Street Analyst Weigh In

TJX has been the subject of a number of analyst reports. Wells Fargo & Company reduced their price target on TJX Companies from $160.00 to $140.00 and set an “equal weight” rating for the company in a research report on Thursday. UBS Group reissued a “buy” rating and issued a $198.00 price objective (up from $197.00) on shares of TJX Companies in a research note on Thursday. Weiss Ratings lowered TJX Companies from a “buy (b+)” rating to a “buy (b)” rating in a report on Tuesday, July 21st. Telsey Advisory Group upped their target price on TJX Companies from $175.00 to $185.00 and gave the stock an “outperform” rating in a research report on Thursday, May 21st. Finally, Truist Financial set a $190.00 price target on TJX Companies and gave the company a “buy” rating in a report on Thursday, May 21st. Two analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, TJX Companies presently has a consensus rating of “Moderate Buy” and an average price target of $173.89.

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

Insiders Place Their Bets

In other news, CEO Ernie Herrman sold 29,549 shares of the company’s stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $157.46, for a total transaction of $4,652,785.54. Following the completion of the transaction, the chief executive officer directly owned 552,850 shares in the company, valued at $87,051,761. The trade was a 5.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, 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 value of $1,002,400.95. Following the completion of the sale, the chief financial officer directly owned 64,257 shares of the company’s stock, valued at $10,330,597.89. This represents a 8.84% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 130,367 shares of company stock valued at $20,959,476. Corporate insiders own 0.15% of the company’s stock.

TJX Companies 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.