Ensign Peak Advisors Inc Sells 154,884 Shares of The TJX Companies, Inc. (NYSE:TJX)

Ensign Peak Advisors Inc reduced its holdings in The TJX Companies, Inc. (NYSE:TJX) by 4.5% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 3,266,674 shares of the apparel and home fashions retailer’s stock after selling 154,884 shares during the quarter. TJX Companies comprises 0.7% of Ensign Peak Advisors Inc’s holdings, making the stock its 26th largest holding. Ensign Peak Advisors Inc owned 0.29% of TJX Companies worth $359,661,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the business. Aveo Capital Partners LLC boosted its stake in TJX Companies by 6.0% during the fourth quarter. Aveo Capital Partners LLC now owns 3,568 shares of the apparel and home fashions retailer’s stock worth $335,000 after acquiring an additional 203 shares in the last quarter. 9258 Wealth Management LLC grew its stake in shares of TJX Companies by 36.6% in the 4th quarter. 9258 Wealth Management LLC now owns 13,515 shares of the apparel and home fashions retailer’s stock valued at $1,268,000 after buying an additional 3,624 shares during the period. Gryphon Financial Partners LLC increased its position in TJX Companies by 35.9% in the 4th quarter. Gryphon Financial Partners LLC now owns 2,908 shares of the apparel and home fashions retailer’s stock valued at $249,000 after buying an additional 768 shares in the last quarter. Frazier Financial Advisors LLC bought a new stake in TJX Companies in the 4th quarter valued at about $27,000. Finally, AXS Investments LLC raised its stake in TJX Companies by 5.2% during the 4th quarter. AXS Investments LLC now owns 14,178 shares of the apparel and home fashions retailer’s stock worth $1,330,000 after buying an additional 706 shares during the period. 91.09% of the stock is currently owned by institutional investors.

TJX Companies Price Performance

Shares of NYSE TJX opened at $117.90 on Friday. The company has a quick ratio of 0.60, a current ratio of 1.21 and a debt-to-equity ratio of 0.37. The company has a market capitalization of $133.24 billion, a PE ratio of 29.26, a PEG ratio of 3.02 and a beta of 0.89. The stock’s 50 day moving average price is $114.83 and its 200-day moving average price is $106.15. The TJX Companies, Inc. has a twelve month low of $86.71 and a twelve month high of $121.13.

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

TJX Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 5th. Shareholders of record on Thursday, November 14th will be given a $0.375 dividend. This represents a $1.50 annualized dividend and a yield of 1.27%. The ex-dividend date of this dividend is Thursday, November 14th. TJX Companies’s dividend payout ratio is 37.22%.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the company. Robert W. Baird boosted their price objective on TJX Companies from $113.00 to $128.00 and gave the company an “outperform” rating in a report on Thursday, August 22nd. Evercore ISI boosted their price target on shares of TJX Companies from $115.00 to $126.00 and gave the company an “outperform” rating in a research note on Monday, August 19th. Loop Capital raised their price objective on shares of TJX Companies from $125.00 to $140.00 and gave the company a “buy” rating in a research note on Thursday, August 22nd. Bank of America lifted their price objective on shares of TJX Companies from $115.00 to $135.00 and gave the company a “buy” rating in a report on Thursday, August 22nd. Finally, Barclays upped their target price on shares of TJX Companies from $114.00 to $136.00 and gave the stock an “overweight” rating in a report on Thursday, August 22nd. Three analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $126.76.

Insider Buying and Selling at TJX Companies

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

TJX Companies 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.