Equitable Trust Co. increased its stake in shares of The TJX Companies, Inc. (NYSE:TJX – Free Report) by 175.9% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,771 shares of the apparel and home fashions retailer’s stock after purchasing an additional 4,317 shares during the quarter. Equitable Trust Co.’s holdings in TJX Companies were worth $796,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Stablepoint Partners LLC increased its stake in TJX Companies by 0.3% in the 3rd quarter. Stablepoint Partners LLC now owns 26,922 shares of the apparel and home fashions retailer’s stock valued at $3,164,000 after purchasing an additional 89 shares in the last quarter. Dearborn Partners LLC grew its holdings in TJX Companies by 4.0% during the 2nd quarter. Dearborn Partners LLC now owns 2,359 shares of the apparel and home fashions retailer’s stock valued at $260,000 after buying an additional 90 shares during the last quarter. Concorde Asset Management LLC grew its holdings in TJX Companies by 2.8% during the 2nd quarter. Concorde Asset Management LLC now owns 3,330 shares of the apparel and home fashions retailer’s stock valued at $367,000 after buying an additional 90 shares during the last quarter. Sound Income Strategies LLC grew its holdings in TJX Companies by 3.8% during the 3rd quarter. Sound Income Strategies LLC now owns 2,507 shares of the apparel and home fashions retailer’s stock valued at $295,000 after buying an additional 91 shares during the last quarter. Finally, Wambolt & Associates LLC grew its holdings in TJX Companies by 1.4% during the 2nd quarter. Wambolt & Associates LLC now owns 6,791 shares of the apparel and home fashions retailer’s stock valued at $751,000 after buying an additional 94 shares during the last quarter. 91.09% of the stock is owned by institutional investors and hedge funds.
Insider Buying and Selling at TJX Companies
In other news, CEO Ernie Herrman sold 15,000 shares of TJX Companies stock in a transaction dated 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 of the company’s stock, valued at approximately $63,018,835.92. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.13% of the stock is currently owned by corporate insiders.
Analyst Ratings Changes
Get Our Latest Stock Analysis on TJX Companies
TJX Companies Trading Up 0.8 %
NYSE:TJX opened at $117.83 on Friday. The business’s 50-day moving average is $116.07 and its two-hundred day moving average is $110.60. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.21 and a quick ratio of 0.60. The TJX Companies, Inc. has a 12 month low of $87.26 and a 12 month high of $121.13. The firm has a market capitalization of $132.90 billion, a PE ratio of 28.46, a price-to-earnings-growth ratio of 2.92 and a beta of 0.89.
TJX Companies (NYSE:TJX – Get Free Report) last released its quarterly earnings data on Wednesday, August 21st. The apparel and home fashions retailer reported $0.96 EPS for the quarter, beating the consensus estimate of $0.92 by $0.04. TJX Companies had a return on equity of 63.19% and a net margin of 8.56%. The company had revenue of $13.47 billion for the quarter, compared to analyst estimates of $13.31 billion. During the same period last year, the company posted $0.85 earnings per share. The firm’s revenue was up 5.6% compared to the same quarter last year. Research analysts predict that The TJX Companies, Inc. will post 4.15 earnings per share for the current fiscal year.
TJX Companies Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 5th. Shareholders of record on Thursday, November 14th will be given a $0.375 dividend. This represents a $1.50 annualized dividend and a yield of 1.27%. The ex-dividend date of this dividend is Thursday, November 14th. TJX Companies’s dividend payout ratio (DPR) is presently 36.23%.
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.
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