TJX
A little less TJX in the closet
Lecap Asset Management Ltd. pared back its position in The TJX Companies by 54.2%, selling 11,350 shares and ending the quarter with 9,598 shares worth about $1.474 million. That’s not exactly a dramatic exit, but it is the kind of portfolio housekeeping that investors notice because it can hint at how a big holder is thinking about the stock.
Meanwhile, TJX is still doing TJX things
If you were worried this was some kind of smoke-signal moment, TJX also had a surprisingly sturdy backdrop: it beat quarterly expectations with $1.43 in EPS, lifted FY2027 guidance to $4.93–$5.02, and raised its quarterly dividend 13% to $0.48 a share. In other words, the fundamentals are still wearing a very expensive-looking sweater.
The plot twist: insiders and analysts are still around
CEO Ernie Herrman also sold 30,000 shares for about $4.83 million, which adds another wrinkle to the story. But analysts are still mostly in the bull camp, with a consensus target of $167.55 and a broad cluster of Buy ratings. So this isn’t a “run for the exits” headline so much as a reminder that even strong stocks get their share of selling.
Big picture: one fund trimming its position doesn’t erase TJX’s earnings strength or dividend boost. For investors, the real question is whether the stock’s already priced in all that good cheer—or if there’s still room for the off-price retailer to keep surprising people.