The TJX Companies, Inc. (NYSE:TJX) Shares Acquired by TLW Wealth Management LLC

TLW Wealth Management LLC increased its holdings in The TJX Companies, Inc. (NYSE:TJX) by 10.7% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 74,245 shares of the apparel and home fashions retailer’s stock after acquiring an additional 7,182 shares during the quarter. TJX Companies makes up 5.3% of TLW Wealth Management LLC’s portfolio, making the stock its 11th biggest position. TLW Wealth Management LLC’s holdings in TJX Companies were worth $8,970,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of TJX. Invesco LLC increased its holdings in TJX Companies by 5.6% in the fourth quarter. Invesco LLC now owns 5,934 shares of the apparel and home fashions retailer’s stock valued at $717,000 after buying an additional 315 shares during the last quarter. Swedbank AB increased its holdings in TJX Companies by 4.1% in the fourth quarter. Swedbank AB now owns 1,265,098 shares of the apparel and home fashions retailer’s stock valued at $152,836,000 after buying an additional 50,184 shares during the last quarter. Orrstown Financial Services Inc. increased its holdings in TJX Companies by 3.4% in the fourth quarter. Orrstown Financial Services Inc. now owns 12,126 shares of the apparel and home fashions retailer’s stock valued at $1,465,000 after buying an additional 400 shares during the last quarter. Field & Main Bank increased its holdings in TJX Companies by 2.7% in the fourth quarter. Field & Main Bank now owns 17,440 shares of the apparel and home fashions retailer’s stock valued at $2,107,000 after buying an additional 460 shares during the last quarter. Finally, Nvest Financial LLC increased its holdings in TJX Companies by 10.8% in the fourth quarter. Nvest Financial LLC now owns 23,126 shares of the apparel and home fashions retailer’s stock valued at $2,794,000 after buying an additional 2,251 shares during the last quarter. Institutional investors and hedge funds own 91.09% of the company’s stock.

TJX Companies Stock Performance

TJX opened at $124.11 on Thursday. The firm has a market cap of $139.52 billion, a PE ratio of 29.20, a P/E/G ratio of 3.00 and a beta of 0.91. The company has a quick ratio of 0.50, a current ratio of 1.19 and a debt-to-equity ratio of 0.35. The business has a fifty day simple moving average of $123.04 and a 200-day simple moving average of $118.08. The TJX Companies, Inc. has a fifty-two week low of $92.35 and a fifty-two week high of $128.00.

TJX Companies (NYSE:TJX) last issued its earnings results on Wednesday, November 20th. The apparel and home fashions retailer reported $1.14 EPS for the quarter, topping the consensus estimate of $1.09 by $0.05. The business had revenue of $14.06 billion during the quarter, compared to analysts’ expectations of $13.95 billion. TJX Companies had a return on equity of 61.82% and a net margin of 8.63%. TJX Companies’s revenue was up 6.0% compared to the same quarter last year. During the same quarter last year, the firm posted $1.03 earnings per share. As a group, equities analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 6th. Investors of record on Thursday, February 13th will be issued a dividend of $0.375 per share. The ex-dividend date of this dividend is Thursday, February 13th. This represents a $1.50 annualized dividend and a dividend yield of 1.21%. TJX Companies’s dividend payout ratio is 35.29%.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the company. Telsey Advisory Group reaffirmed an “outperform” rating and set a $134.00 target price on shares of TJX Companies in a report on Friday, December 6th. Evercore ISI increased their price objective on TJX Companies from $138.00 to $142.00 and gave the stock an “outperform” rating in a report on Thursday, November 21st. Wells Fargo & Company increased their price objective on TJX Companies from $115.00 to $120.00 and gave the stock an “equal weight” rating in a report on Friday, January 10th. Deutsche Bank Aktiengesellschaft increased their price objective on TJX Companies from $130.00 to $131.00 and gave the stock a “buy” rating in a report on Thursday, November 21st. Finally, TD Cowen increased their price objective on TJX Companies from $130.00 to $132.00 and gave the stock a “buy” rating in a report on Friday, November 22nd. Three investment analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $131.67.

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.