The TJX Companies, Inc. (NYSE:TJX) Shares Sold by Thompson Siegel & Walmsley LLC

Thompson Siegel & Walmsley LLC cut its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 0.9% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 61,835 shares of the apparel and home fashions retailer’s stock after selling 584 shares during the period. Thompson Siegel & Walmsley LLC’s holdings in TJX Companies were worth $6,808,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Vanguard Group Inc. increased its stake in TJX Companies by 1.3% in 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 period. Royal Bank of Canada increased its stake in shares of TJX Companies by 7.9% during the fourth quarter. Royal Bank of Canada now owns 14,219,312 shares of the apparel and home fashions retailer’s stock worth $1,333,913,000 after acquiring an additional 1,046,148 shares during the period. Janus Henderson Group PLC raised its holdings in TJX Companies by 2.7% during the first 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 purchasing an additional 346,938 shares in the last quarter. Norges Bank acquired a new stake in TJX Companies in the fourth quarter valued at about $1,193,438,000. Finally, 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 valued at $1,249,237,000 after purchasing an additional 3,255,849 shares in the last quarter. 91.09% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms have recently commented on TJX. Wells Fargo & Company raised 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. BMO Capital Markets upped their price objective on shares of TJX Companies from $116.00 to $133.00 and gave the company an “outperform” rating in a research note on Thursday, August 22nd. TD Cowen increased their price objective on shares of TJX Companies from $120.00 to $125.00 and gave the stock a “buy” rating in a report on Thursday, August 22nd. Sanford C. Bernstein boosted their target price on shares of TJX Companies from $115.00 to $120.00 and gave the company an “outperform” rating in a report on Thursday, May 23rd. Finally, Robert W. Baird increased their price target on shares of TJX Companies from $113.00 to $128.00 and gave the stock an “outperform” rating in a research note on Thursday, August 22nd. Three research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the stock. According to data from MarketBeat, TJX Companies presently has a consensus rating of “Moderate Buy” and a consensus target price of $126.76.

TJX Companies Price Performance

TJX stock opened at $119.81 on Monday. The firm has a market cap of $135.40 billion, a P/E ratio of 29.73, a price-to-earnings-growth ratio of 2.99 and a beta of 0.89. 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 TJX Companies, Inc. has a 1 year low of $86.71 and a 1 year high of $121.13. The stock has a 50-day simple moving average of $114.33 and a 200-day simple moving average of $105.57.

TJX Companies (NYSE:TJX) last announced its 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 business had revenue of $13.47 billion during the quarter, compared to the consensus estimate 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 period in the prior year, the firm earned $0.85 earnings per share. On average, equities analysts predict that The TJX Companies, Inc. will post 4.15 earnings per share for the current fiscal year.

Insider Activity at TJX Companies

In other TJX Companies news, CEO Ernie Herrman sold 15,000 shares of TJX Companies 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 sale, the chief executive officer now directly owns 536,148 shares in the company, valued at approximately $63,018,835.92. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.13% of the stock is currently owned by company insiders.

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.