Williams Financial LLC Buys Shares of 4,020 The TJX Companies, Inc. (NYSE:TJX)

Williams Financial LLC acquired a new stake in shares of The TJX Companies, Inc. (NYSE:TJX) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 4,020 shares of the apparel and home fashions retailer’s stock, valued at approximately $442,000.

A number of other institutional investors and hedge funds also recently modified their holdings of TJX. Norges Bank purchased a new position in TJX Companies in the 4th quarter worth approximately $1,193,438,000. Price T Rowe Associates Inc. MD boosted its holdings in TJX Companies by 35.9% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 12,317,452 shares of the apparel and home fashions retailer’s stock worth $1,249,237,000 after acquiring an additional 3,255,849 shares during the period. PineStone Asset Management Inc. boosted its stake in shares of TJX Companies by 134.2% during the 2nd quarter. PineStone Asset Management Inc. now owns 5,467,797 shares of the apparel and home fashions retailer’s stock valued at $602,004,000 after buying an additional 3,132,960 shares during the last quarter. Vanguard Group Inc. boosted its stake in shares of TJX Companies by 1.3% during the 1st quarter. Vanguard Group Inc. now owns 97,476,558 shares of the apparel and home fashions retailer’s stock valued at $9,886,073,000 after buying an additional 1,269,792 shares during the last quarter. Finally, Canoe Financial LP boosted its stake in shares of TJX Companies by 22,145.7% during the 4th quarter. Canoe Financial LP now owns 1,112,287 shares of the apparel and home fashions retailer’s stock valued at $104,344,000 after buying an additional 1,107,287 shares during the last quarter. Institutional investors and hedge funds own 91.09% of the company’s stock.

Insiders Place Their Bets

In other TJX Companies news, Director Amy B. Lane sold 1,500 shares of the firm’s stock in a transaction dated Tuesday, May 28th. The stock was sold at an average price of $102.07, for a total transaction of $153,105.00. Following the completion of the sale, the director now directly owns 23,470 shares in the company, valued at approximately $2,395,582.90. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In other TJX Companies news, CEO Ernie Herrman sold 20,000 shares of the firm’s stock in a transaction dated Friday, May 24th. The stock was sold at an average price of $102.17, for a total transaction of $2,043,400.00. Following the transaction, the chief executive officer now directly owns 571,148 shares in the company, valued at $58,354,191.16. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Amy B. Lane sold 1,500 shares of the company’s stock in a transaction dated Tuesday, May 28th. The stock was sold at an average price of $102.07, for a total value of $153,105.00. Following the sale, the director now owns 23,470 shares of the company’s stock, valued at approximately $2,395,582.90. The disclosure for this sale can be found here. In the last ninety days, insiders sold 50,003 shares of company stock worth $5,060,941. 0.13% of the stock is currently owned by company insiders.

TJX Companies Trading Down 0.0 %

Shares of NYSE:TJX traded down $0.03 during midday trading on Friday, reaching $111.45. The company had a trading volume of 4,656,333 shares, compared to its average volume of 5,384,507. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.61 and a current ratio of 1.23. The TJX Companies, Inc. has a 1-year low of $86.71 and a 1-year high of $115.35. The firm has a market cap of $125.96 billion, a price-to-earnings ratio of 27.66, a price-to-earnings-growth ratio of 2.90 and a beta of 0.88. The company has a fifty day simple moving average of $111.15 and a two-hundred day simple moving average of $102.82.

TJX Companies (NYSE:TJX) last released its quarterly earnings results on Wednesday, May 22nd. The apparel and home fashions retailer reported $0.93 earnings per share for the quarter, beating analysts’ consensus estimates of $0.87 by $0.06. TJX Companies had a return on equity of 64.26% and a net margin of 8.47%. The business had revenue of $12.48 billion during the quarter, compared to analyst estimates of $12.48 billion. During the same quarter last year, the company posted $0.76 EPS. TJX Companies’s revenue for the quarter was up 5.9% on a year-over-year basis. Research analysts predict that The TJX Companies, Inc. will post 4.12 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, September 5th. Shareholders of record on Thursday, August 15th will be given a dividend of $0.375 per share. The ex-dividend date of this dividend is Thursday, August 15th. This represents a $1.50 dividend on an annualized basis and a yield of 1.35%. TJX Companies’s payout ratio is presently 37.22%.

Analyst Ratings Changes

Several equities analysts have recently commented on TJX shares. Evercore ISI set a $113.00 target price on TJX Companies in a research note on Tuesday, May 21st. Loop Capital increased their target price on TJX Companies from $115.00 to $125.00 and gave the stock a “buy” rating in a research report on Wednesday, July 3rd. Sanford C. Bernstein increased their target price on TJX Companies from $115.00 to $120.00 and gave the stock an “outperform” rating in a research report on Thursday, May 23rd. Telsey Advisory Group increased their target price on TJX Companies from $115.00 to $128.00 and gave the stock an “outperform” rating in a research report on Wednesday. Finally, UBS Group raised their price target on TJX Companies from $132.00 to $134.00 and gave the company a “buy” rating in a report on Thursday, May 23rd. Two analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $115.79.

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.