The TJX Companies, Inc. (NYSE:TJX) is Bill Few Associates Inc.’s 7th Largest Position

Bill Few Associates Inc. boosted its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 1.8% in the third quarter, Holdings Channel reports. The institutional investor owned 57,039 shares of the apparel and home fashions retailer’s stock after acquiring an additional 990 shares during the period. TJX Companies accounts for 2.4% of Bill Few Associates Inc.’s holdings, making the stock its 7th biggest position. Bill Few Associates Inc.’s holdings in TJX Companies were worth $6,704,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the stock. Vanguard Group Inc. lifted its holdings in TJX Companies by 1.3% during the first quarter. Vanguard Group Inc. now owns 97,476,558 shares of the apparel and home fashions retailer’s stock worth $9,886,073,000 after buying an additional 1,269,792 shares during the period. Janus Henderson Group PLC grew its stake in TJX Companies by 2.7% during the 1st quarter. Janus Henderson Group PLC now owns 13,226,465 shares of the apparel and home fashions retailer’s stock worth $1,341,392,000 after buying an additional 346,938 shares during the last quarter. Price T Rowe Associates Inc. MD increased its position in TJX Companies by 35.9% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 12,317,452 shares of the apparel and home fashions retailer’s stock valued at $1,249,237,000 after buying an additional 3,255,849 shares in the last quarter. Ameriprise Financial Inc. raised its stake in TJX Companies by 33.4% in the second quarter. Ameriprise Financial Inc. now owns 12,241,176 shares of the apparel and home fashions retailer’s stock valued at $1,347,934,000 after buying an additional 3,063,318 shares during the last quarter. Finally, Jennison Associates LLC raised its stake in TJX Companies by 3.9% in the first quarter. Jennison Associates LLC now owns 9,392,061 shares of the apparel and home fashions retailer’s stock valued at $952,543,000 after buying an additional 351,400 shares during the last quarter. Hedge funds and other institutional investors own 91.09% of the company’s stock.

TJX Companies Stock Up 1.3 %

TJX Companies stock opened at $116.76 on Wednesday. The firm has a market cap of $131.69 billion, a price-to-earnings ratio of 28.20, a price-to-earnings-growth ratio of 2.91 and a beta of 0.89. The TJX Companies, Inc. has a 52 week low of $86.92 and a 52 week high of $121.13. The business’s 50-day moving average price is $115.92 and its 200 day moving average price is $108.35. The company has a quick ratio of 0.60, a current ratio of 1.21 and a debt-to-equity ratio of 0.37.

TJX Companies (NYSE:TJX) last posted its earnings results on Wednesday, August 21st. The apparel and home fashions retailer reported $0.96 EPS for the quarter, topping the consensus estimate of $0.92 by $0.04. The firm had revenue of $13.47 billion for the quarter, compared to analyst estimates of $13.31 billion. TJX Companies had a return on equity of 63.19% and a net margin of 8.56%. TJX Companies’s revenue for the quarter was up 5.6% compared to the same quarter last year. During the same period last year, the company earned $0.85 earnings per share. As a group, sell-side analysts anticipate that The TJX Companies, Inc. will post 4.15 earnings per share for the current year.

TJX Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 5th. Shareholders of record on Thursday, November 14th will be issued a $0.375 dividend. This represents a $1.50 annualized dividend and a yield of 1.28%. The ex-dividend date of this dividend is Thursday, November 14th. TJX Companies’s payout ratio is currently 36.23%.

Insider Buying and Selling at TJX Companies

In other TJX Companies news, CEO Ernie Herrman sold 15,000 shares of the firm’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 value of $1,763,100.00. Following the sale, the chief executive officer now directly owns 536,148 shares of the company’s stock, valued at approximately $63,018,835.92. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.13% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of research firms have commented on TJX. Evercore ISI increased their price target on TJX Companies from $115.00 to $126.00 and gave the company an “outperform” rating in a research note on Monday, August 19th. Barclays increased their price target on TJX Companies from $114.00 to $136.00 and gave the company an “overweight” rating in a research note on Thursday, August 22nd. Morgan Stanley increased their price target on TJX Companies from $122.00 to $129.00 and gave the company an “overweight” rating in a research note on Thursday, August 22nd. BMO Capital Markets increased their price target on TJX Companies from $116.00 to $133.00 and gave the company an “outperform” rating in a research note on Thursday, August 22nd. Finally, Jefferies Financial Group raised their price objective on TJX Companies from $130.00 to $140.00 and gave the stock a “buy” rating in a research note on Thursday, August 22nd. Three investment analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $126.76.

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.