Latest TJX news and sentiment

TJX Companies stock hovers near 52-week low as strong Q2 results clash with cautious sentiment

TJX (TJX) Beats Expectations Even As Its Biggest Division Stumbles

On August 19, The TJX Companies (NYSE:TJX) reported second-quarter results that beat its own plan, even though its largest division could not keep pace with the rest of the business. Consolidated comparable sales rose 4%, adjusted earnings per share climbed 11% to $1.22, and management raised its full-year profit outlook. The catch is that Marmaxx, the TJ Maxx and Marshalls business that generates the bulk of TJX's revenue, grew comparable sales just 1%. Everything else in the portfolio ran hot enough to cover for it.TJX (TJX) Beats Expectations Even As Its Biggest Division Stumbles Home And A

1,435,127 Shares in The TJX Companies, Inc. $TJX Bought by Man Group plc

Man Group plc recently acquired 1,435,127 shares of The TJX Companies, Inc. (NYSE:TJX) for approximately $217.42 million, marking a new significant stake in the apparel and home fashions retailer. Other institutional investors also adjusted their holdings in TJX, which currently has a market capitalization of $154.15 billion and an average analyst rating of "Moderate Buy." The company recently announced a quarterly dividend of $0.48 per share and reported strong quarterly earnings, topping analyst estimates.

Jupiter Topco LLC Invests $803.32 Million in The TJX Companies, Inc. $TJX

Jupiter Topco LLC recently acquired a significant stake in The TJX Companies, Inc., purchasing 5.3 million shares worth approximately $803.3 million. This investment gives Jupiter Topco LLC a 0.48% ownership in TJX, a company that recently reported strong quarterly earnings and revenue, exceeding analyst estimates. Analysts generally hold a "Moderate Buy" rating for TJX, with an average price target of $172.84, and the company has also declared a quarterly dividend of $0.48 per share.

Primecap Management Co. CA Invests $1.44 Billion in The TJX Companies, Inc. $TJX

Primecap Management Co. CA has made a significant new investment in The TJX Companies, Inc. (NYSE:TJX), purchasing 9,476,020 shares valued at approximately $1.44 billion, making it their 26th largest holding. Other institutional investors like BlackRock Inc., Geode Capital Management LLC, and Bank of America Corp DE also hold substantial stakes in TJX. The article also details recent insider stock sales, TJX's financial performance including its latest earnings beat, dividend announcement, and various analyst ratings for the company.

2,544,960 Shares in The TJX Companies, Inc. $TJX Purchased by Caisse de depot et placement du Quebec

Caisse de dépôt et placement du Québec recently acquired 2.54 million shares of The TJX Companies, Inc. ($TJX) worth approximately $385.6 million, increasing institutional ownership. TJX reported strong quarterly earnings, surpassing estimates with $1.22 EPS and $15.18 billion in revenue, and declared a $0.48 quarterly dividend. Despite recent insider sales and trading below moving averages, analysts maintain a "Moderate Buy" rating with a target price of $174.16.

EFG International AG Buys New Position in The TJX Companies, Inc. $TJX

EFG International AG has acquired a new position in The TJX Companies, Inc. (NYSE:TJX), purchasing 124,611 shares valued at approximately $18.885 million in the second quarter. Other institutional investors like Swiss Life Asset Management Ltd and Danske Bank A S have also adjusted their holdings in TJX, reflecting broad institutional interest. The article also details recent insider stock sales, TJX Companies' financial performance, dividend announcement, and current analyst ratings, which generally recommend a "Moderate Buy" for the stock.

Canada Pension Plan Investment Board Takes Position in The TJX Companies, Inc. $TJX

The Canada Pension Plan Investment Board has acquired a new stake of over 3 million shares in The TJX Companies, Inc., valued at approximately $468 million. This move is part of broader institutional interest, with several other investment firms also adjusting their positions in the apparel and home fashions retailer. TJX Companies recently reported strong earnings, declared a quarterly dividend, and received varied analyst ratings.

TJX Companies (TJX) Is Down 7.5% After Raising Full-Year EPS Guidance - What's Changed

TJX Companies (TJX) recently reported strong Q2 fiscal 2027 results, with sales of US$15.18 billion and net income of US$1.52 billion, and raised its full-year EPS guidance to US$5.31 to US$5.36. Despite this positive outlook, the stock dropped 7.5%, possibly due to concerns about persistent wage inflation and rising store costs potentially outpacing the company's ability to maintain margins. The raised guidance reinforces confidence in near-term earnings but doesn't fully alleviate long-term risks associated with operating expenses.

38,947 Shares in The TJX Companies, Inc. $TJX Bought by Nicholas Investment Partners LP

Nicholas Investment Partners LP acquired 38,947 shares of The TJX Companies, Inc. (NYSE:TJX) valued at approximately $5.9 million in the second quarter. Institutional investors now collectively own 91.09% of the company's stock. TJX recently reported strong quarterly earnings, exceeding analyst estimates, and declared a quarterly dividend of $0.48 per share.

869,113 Shares in The TJX Companies, Inc. $TJX Acquired by The Manufacturers Life Insurance Company

The Manufacturers Life Insurance Company has acquired 869,113 shares of The TJX Companies, Inc. (NYSE:TJX) valued at approximately $131.67 million during the second quarter. This purchase makes them an owner of about 0.08% of TJX Companies' stock. Other institutional investors also adjusted their holdings, with the company's stock currently trading at $140.78 and analysts having a "Moderate Buy" rating with an average price target of $173.89.

127,799 Shares in The TJX Companies, Inc. $TJX Purchased by Jones Financial Companies Lllp

Jones Financial Companies Lllp recently acquired a new stake of 127,799 shares in The TJX Companies, Inc. (NYSE:TJX), valued at approximately $19.36 million. This purchase highlights continued institutional interest in the apparel and home fashions retailer, with institutional investors and hedge funds owning over 91% of the company's stock. TJX Companies also recently announced a quarterly dividend and analysts generally maintain a "Moderate Buy" rating for the stock.

Legal & General Group Plc Acquires New Position in The TJX Companies, Inc. $TJX

Legal & General Group Plc has acquired a new stake in The TJX Companies, Inc. (NYSE:TJX), purchasing over 5.3 million shares valued at approximately $807 million. This makes them a significant institutional investor in the apparel and home fashions retailer. The article also details other institutional investor activity, insider transactions, recent analyst ratings, and financial performance metrics for TJX Companies.

Manning & Napier Advisors LLC Invests $149.82 Million in The TJX Companies, Inc. $TJX

Manning & Napier Advisors LLC has made a significant new investment in The TJX Companies, Inc., purchasing 988,894 shares valued at approximately $149.82 million, making it 1.9% of their portfolio. TJX Companies reported strong quarterly earnings and revenue, surpassing analyst estimates, and has a "Moderate Buy" consensus rating from analysts with an average price target of $173.89. The company also declared a quarterly dividend of $0.48 per share.

Meiji Yasuda Asset Management Co Ltd. Invests $11.83 Million in The TJX Companies, Inc. $TJX

Meiji Yasuda Asset Management Co Ltd. has acquired a new stake in The TJX Companies, Inc. (NYSE:TJX) valued at approximately $11.83 million, purchasing 78,068 shares in the second quarter. Other institutional investors also adjusted their positions in TJX, which has seen varied analyst ratings, including several "buy" recommendations and a consensus price target of $173.89. The company recently reported strong Q2 earnings, surpassing estimates, and raised its fiscal 2027 EPS guidance, despite some negative sentiment regarding its Marmaxx division's performance and a slight miss in Q3 guidance.

William Blair Investment Management LLC Buys New Stake in The TJX Companies, Inc. $TJX

William Blair Investment Management LLC has acquired a new stake of 36,029 shares in The TJX Companies, Inc., valued at approximately $5.46 million during the second quarter. This purchase comes amidst mixed sentiment for TJX, with the company reporting strong second-quarter revenue and raising fiscal 2027 EPS guidance, but also facing concerns over weak Marmaxx comparable sales and lower-than-expected third-quarter guidance. Analysts maintain a "Moderate Buy" rating for TJX with an average target price of $173.89, despite significant insider selling in the past three months.