Aaron Wealth Advisors LLC Grows Holdings in The TJX Companies, Inc. (NYSE:TJX)

Aaron Wealth Advisors LLC lifted its position in The TJX Companies, Inc. (NYSE:TJX) by 15.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 14,060 shares of the apparel and home fashions retailer’s stock after purchasing an additional 1,869 shares during the quarter. Aaron Wealth Advisors LLC’s holdings in TJX Companies were worth $1,699,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of TJX. Seven Eight Capital LP bought a new stake in TJX Companies during the 2nd quarter valued at $306,000. XTX Topco Ltd lifted its holdings in shares of TJX Companies by 155.9% during the 2nd quarter. XTX Topco Ltd now owns 12,061 shares of the apparel and home fashions retailer’s stock valued at $1,328,000 after purchasing an additional 7,347 shares during the last quarter. Brighton Jones LLC grew its stake in shares of TJX Companies by 3.2% during the second quarter. Brighton Jones LLC now owns 13,694 shares of the apparel and home fashions retailer’s stock worth $1,508,000 after acquiring an additional 420 shares during the last quarter. Ieq Capital LLC increased its stake in TJX Companies by 7.1% during the 2nd quarter. Ieq Capital LLC now owns 75,345 shares of the apparel and home fashions retailer’s stock valued at $8,296,000 after purchasing an additional 4,974 shares in the last quarter. Finally, King Luther Capital Management Corp raised its stake in TJX Companies by 594.8% in the 2nd quarter. King Luther Capital Management Corp now owns 41,771 shares of the apparel and home fashions retailer’s stock worth $4,599,000 after acquiring an additional 35,759 shares during the last quarter. Institutional investors own 91.09% of the company’s stock.

TJX Companies Stock Performance

TJX stock opened at $121.89 on Friday. The company has a market capitalization of $137.03 billion, a price-to-earnings ratio of 28.68, a P/E/G ratio of 2.94 and a beta of 0.91. The TJX Companies, Inc. has a 12 month low of $92.35 and a 12 month high of $128.00. The firm has a 50 day moving average of $122.56 and a two-hundred day moving average of $117.46. The company has a quick ratio of 0.50, a current ratio of 1.19 and a debt-to-equity ratio of 0.35.

TJX Companies (NYSE:TJX) last posted its quarterly earnings data on Wednesday, November 20th. The apparel and home fashions retailer reported $1.14 earnings per share 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%. The firm’s revenue was up 6.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.03 EPS. As a group, equities analysts anticipate that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 6th. Shareholders of record on Thursday, February 13th will be paid a $0.375 dividend. This represents a $1.50 dividend on an annualized basis and a yield of 1.23%. The ex-dividend date of this dividend is Thursday, February 13th. TJX Companies’s dividend payout ratio is currently 35.29%.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. Jefferies Financial Group boosted their target price on shares of TJX Companies from $140.00 to $145.00 and gave the company a “buy” rating in a research report on Thursday, December 5th. TD Cowen upped their price objective 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. Wells Fargo & Company boosted their price target on TJX Companies from $115.00 to $120.00 and gave the stock an “equal weight” rating in a research report on Friday, January 10th. Deutsche Bank Aktiengesellschaft boosted their target price on TJX Companies from $130.00 to $131.00 and gave the stock a “buy” rating in a report on Thursday, November 21st. Finally, Telsey Advisory Group restated an “outperform” rating and set a $134.00 price objective on shares of TJX Companies in a research report on Friday, December 6th. Three research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $131.33.

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.