Oakworth Capital Inc. Has $1.44 Million Holdings in The TJX Companies, Inc. (NYSE:TJX)

Oakworth Capital Inc. raised its stake in The TJX Companies, Inc. (NYSE:TJX) by 5.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,895 shares of the apparel and home fashions retailer’s stock after acquiring an additional 664 shares during the quarter. Oakworth Capital Inc.’s holdings in TJX Companies were worth $1,437,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Adero Partners LLC increased its position in TJX Companies by 7.1% in the 4th quarter. Adero Partners LLC now owns 3,435 shares of the apparel and home fashions retailer’s stock valued at $415,000 after acquiring an additional 229 shares in the last quarter. Bleakley Financial Group LLC increased its position in TJX Companies by 1.3% in the 4th quarter. Bleakley Financial Group LLC now owns 21,028 shares of the apparel and home fashions retailer’s stock valued at $2,540,000 after acquiring an additional 262 shares in the last quarter. Robertson Stephens Wealth Management LLC increased its position in TJX Companies by 1.6% in the 4th quarter. Robertson Stephens Wealth Management LLC now owns 13,219 shares of the apparel and home fashions retailer’s stock valued at $1,597,000 after acquiring an additional 206 shares in the last quarter. Crewe Advisors LLC acquired a new stake in TJX Companies in the 4th quarter valued at about $1,993,000. Finally, Choreo LLC increased its position in TJX Companies by 26.0% in the 4th quarter. Choreo LLC now owns 48,010 shares of the apparel and home fashions retailer’s stock valued at $5,813,000 after acquiring an additional 9,893 shares in the last quarter. Institutional investors and hedge funds own 91.09% of the company’s stock.

TJX Companies Stock Performance

Shares of TJX opened at $125.53 on Thursday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.50 and a current ratio of 1.19. The TJX Companies, Inc. has a twelve month low of $92.35 and a twelve month high of $128.00. The firm’s 50 day moving average price is $123.27 and its two-hundred day moving average price is $118.53. The firm has a market cap of $141.11 billion, a P/E ratio of 29.54, a PEG ratio of 3.05 and a beta of 0.91.

TJX Companies (NYSE:TJX) last announced its quarterly earnings results on Wednesday, November 20th. The apparel and home fashions retailer reported $1.14 earnings per share for the quarter, beating analysts’ consensus estimates of $1.09 by $0.05. TJX Companies had a net margin of 8.63% and a return on equity of 61.82%. The firm had revenue of $14.06 billion for the quarter, compared to analyst estimates of $13.95 billion. During the same quarter in the previous year, the firm posted $1.03 earnings per share. The business’s revenue was up 6.0% on a year-over-year basis. On average, analysts forecast that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 6th. Stockholders of record on Thursday, February 13th will be given a $0.375 dividend. This represents a $1.50 dividend on an annualized basis and a dividend yield of 1.19%. The ex-dividend date is Thursday, February 13th. TJX Companies’s dividend payout ratio is presently 35.29%.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on TJX shares. Robert W. Baird raised their price objective on shares of TJX Companies from $133.00 to $138.00 and gave the company an “outperform” rating in a research report on Thursday, December 5th. Wells Fargo & Company lifted their price target on shares of TJX Companies from $115.00 to $120.00 and gave the stock an “equal weight” rating in a research report on Friday, January 10th. StockNews.com upgraded shares of TJX Companies from a “hold” rating to a “buy” rating in a research report on Saturday, November 30th. TD Cowen lifted their price target on shares of TJX Companies from $130.00 to $132.00 and gave the stock a “buy” rating in a research report on Friday, November 22nd. Finally, Deutsche Bank Aktiengesellschaft lifted their price target on shares of TJX Companies from $130.00 to $131.00 and gave the stock a “buy” rating in a research report on Thursday, November 21st. Two equities research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $133.53.

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.