Delaney Dennis R Purchases 665 Shares of The TJX Companies, Inc. (NYSE:TJX)

Delaney Dennis R boosted its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 1.4% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 46,634 shares of the apparel and home fashions retailer’s stock after acquiring an additional 665 shares during the period. TJX Companies accounts for 2.8% of Delaney Dennis R’s investment portfolio, making the stock its 20th biggest holding. Delaney Dennis R’s holdings in TJX Companies were worth $5,134,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the business. Running Oak Capital LLC increased its position in shares of TJX Companies by 10.9% during the first quarter. Running Oak Capital LLC now owns 111,987 shares of the apparel and home fashions retailer’s stock valued at $11,358,000 after purchasing an additional 11,036 shares during the period. New Mexico Educational Retirement Board lifted its holdings in shares of TJX Companies by 15.9% during the 1st quarter. New Mexico Educational Retirement Board now owns 69,380 shares of the apparel and home fashions retailer’s stock worth $7,037,000 after acquiring an additional 9,500 shares during the period. Options Solutions LLC acquired a new stake in shares of TJX Companies during the 4th quarter valued at about $726,000. Advisors Capital Management LLC increased its stake in TJX Companies by 3.7% in the first quarter. Advisors Capital Management LLC now owns 572,324 shares of the apparel and home fashions retailer’s stock valued at $58,045,000 after acquiring an additional 20,629 shares during the period. Finally, Evoke Wealth LLC raised its position in TJX Companies by 55.2% in the fourth quarter. Evoke Wealth LLC now owns 122,100 shares of the apparel and home fashions retailer’s stock worth $11,454,000 after purchasing an additional 43,405 shares in the last quarter. 91.09% of the stock is currently owned by institutional investors.

TJX Companies Trading Down 0.5 %

NYSE:TJX opened at $117.25 on Thursday. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.21 and a quick ratio of 0.60. The business’s 50-day simple moving average is $114.68 and its 200-day simple moving average is $105.93. The TJX Companies, Inc. has a fifty-two week low of $86.71 and a fifty-two week high of $121.13. The stock has a market capitalization of $132.24 billion, a PE ratio of 29.09, a price-to-earnings-growth ratio of 3.02 and a beta of 0.89.

TJX Companies (NYSE:TJX) last released its quarterly earnings results on Wednesday, August 21st. The apparel and home fashions retailer reported $0.96 earnings per share for the quarter, beating the consensus estimate of $0.92 by $0.04. The company had revenue of $13.47 billion during the quarter, compared to analysts’ expectations of $13.31 billion. TJX Companies had a net margin of 8.56% and a return on equity of 63.19%. The business’s quarterly revenue was up 5.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.85 earnings per share. Sell-side analysts expect that The TJX Companies, Inc. will post 4.15 earnings per share for the current fiscal year.

Insider Activity

In other TJX Companies news, CEO Ernie Herrman sold 15,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 10th. The stock was sold at an average price of $117.54, for a total transaction of $1,763,100.00. Following the completion of the transaction, the chief executive officer now owns 536,148 shares of the company’s stock, valued at approximately $63,018,835.92. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Corporate insiders own 0.13% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. Wells Fargo & Company lifted their price target on TJX Companies from $100.00 to $115.00 and gave the company an “equal weight” rating in a report on Thursday, August 22nd. TD Cowen upped their target price on shares of TJX Companies from $120.00 to $125.00 and gave the stock a “buy” rating in a research report on Thursday, August 22nd. Telsey Advisory Group reissued an “outperform” rating and issued a $128.00 price target on shares of TJX Companies in a report on Wednesday, August 21st. Robert W. Baird boosted their price objective on shares of TJX Companies from $113.00 to $128.00 and gave the stock an “outperform” rating in a research report on Thursday, August 22nd. Finally, StockNews.com raised TJX Companies from a “hold” rating to a “buy” rating in a report on Sunday. Three analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $126.76.

TJX Companies Company Profile

The TJX Companies, Inc, together with its subsidiaries, operates as an off-price apparel and home fashions retailer in the United States, Canada, Europe, and Australia. It operates through four segments: Marmaxx, HomeGoods, TJX Canada, and TJX International. The company sells family apparel, including footwear and accessories; home fashions, such as home basics, furniture, rugs, lighting products, giftware, soft home products, decorative accessories, tabletop, and cookware, as well as expanded pet, and gourmet food departments; jewelry and accessories; and other merchandise.