The TJX Companies, Inc. (NYSE:TJX) Shares Acquired by Cwm LLC

Cwm LLC increased its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 200.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 292,033 shares of the apparel and home fashions retailer’s stock after acquiring an additional 194,976 shares during the period. Cwm LLC’s holdings in TJX Companies were worth $34,326,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Valued Wealth Advisors LLC raised its stake in shares of TJX Companies by 260.3% during the 1st quarter. Valued Wealth Advisors LLC now owns 245 shares of the apparel and home fashions retailer’s stock worth $25,000 after buying an additional 177 shares during the last quarter. Richard W. Paul & Associates LLC acquired a new stake in TJX Companies in the 2nd quarter worth about $25,000. OFI Invest Asset Management acquired a new position in shares of TJX Companies during the 1st quarter valued at about $30,000. AlphaMark Advisors LLC lifted its holdings in shares of TJX Companies by 58.4% during the 1st quarter. AlphaMark Advisors LLC now owns 331 shares of the apparel and home fashions retailer’s stock worth $34,000 after acquiring an additional 122 shares during the period. Finally, New Millennium Group LLC acquired a new stake in shares of TJX Companies in the second quarter worth approximately $34,000. Institutional investors and hedge funds own 91.09% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on TJX shares. UBS Group upped their price target on shares of TJX Companies from $134.00 to $148.00 and gave the stock a “buy” rating in a research report on Thursday, August 22nd. TD Cowen raised their price objective on TJX Companies from $120.00 to $125.00 and gave the stock a “buy” rating in a report on Thursday, August 22nd. Evercore ISI boosted their price objective on TJX Companies from $115.00 to $126.00 and gave the stock an “outperform” rating in a research note on Monday, August 19th. Robert W. Baird increased their target price on TJX Companies from $113.00 to $128.00 and gave the company an “outperform” rating in a research note on Thursday, August 22nd. Finally, Jefferies Financial Group boosted their price target on TJX Companies from $130.00 to $140.00 and gave the stock a “buy” rating in a research report on Thursday, August 22nd. Three research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $126.76.

Insider Transactions at TJX Companies

In other TJX Companies news, CEO Ernie Herrman sold 15,000 shares of the business’s stock in a transaction dated 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 transaction, the chief executive officer now directly owns 536,148 shares of the company’s stock, valued at $63,018,835.92. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 0.13% of the company’s stock.

TJX Companies Trading Up 0.5 %

TJX Companies stock opened at $113.98 on Thursday. The TJX Companies, Inc. has a 1 year low of $86.92 and a 1 year high of $121.13. The firm’s 50-day moving average is $115.63 and its 200-day moving average is $107.85. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.60 and a current ratio of 1.21. The company has a market cap of $128.55 billion, a P/E ratio of 28.28, a PEG ratio of 2.90 and a beta of 0.89.

TJX Companies (NYSE:TJX) last issued its earnings results on Wednesday, August 21st. The apparel and home fashions retailer reported $0.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.92 by $0.04. The firm had revenue of $13.47 billion for 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%. TJX Companies’s revenue was up 5.6% on a year-over-year basis. During the same quarter last year, the company posted $0.85 earnings per share. On average, equities analysts expect that The TJX Companies, Inc. will post 4.15 earnings per share for the current year.

TJX Companies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 5th. Stockholders of record on Thursday, November 14th will be issued a dividend of $0.375 per share. This represents a $1.50 annualized dividend and a dividend yield of 1.32%. The ex-dividend date of this dividend is Thursday, November 14th. TJX Companies’s dividend payout ratio (DPR) is 37.22%.

About TJX Companies

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.