2,139 Shares in The TJX Companies, Inc. (NYSE:TJX) Acquired by Fielder Capital Group LLC

Fielder Capital Group LLC purchased a new stake in The TJX Companies, Inc. (NYSE:TJX) in the 4th quarter, according to its most recent filing with the SEC. The fund purchased 2,139 shares of the apparel and home fashions retailer’s stock, valued at approximately $201,000.

Several other institutional investors also recently bought and sold shares of TJX. Anchor Investment Management LLC purchased a new position in TJX Companies during the fourth quarter worth about $28,000. BKM Wealth Management LLC purchased a new position in shares of TJX Companies during the 4th quarter worth about $30,000. Larson Financial Group LLC boosted its position in shares of TJX Companies by 76.0% in the third quarter. Larson Financial Group LLC now owns 389 shares of the apparel and home fashions retailer’s stock worth $35,000 after acquiring an additional 168 shares during the last quarter. BOK Financial Private Wealth Inc. purchased a new stake in TJX Companies in the fourth quarter valued at approximately $40,000. Finally, Gradient Investments LLC grew its holdings in TJX Companies by 86.7% in the fourth quarter. Gradient Investments LLC now owns 478 shares of the apparel and home fashions retailer’s stock valued at $45,000 after purchasing an additional 222 shares during the period. 91.09% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on TJX. Telsey Advisory Group reissued an “outperform” rating and set a $105.00 price objective on shares of TJX Companies in a research note on Wednesday, February 28th. UBS Group upgraded TJX Companies from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $104.00 to $132.00 in a report on Thursday. The Goldman Sachs Group upgraded TJX Companies from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $100.00 to $110.00 in a report on Thursday, April 25th. Redburn Atlantic downgraded shares of TJX Companies from a “buy” rating to a “neutral” rating and set a $100.00 target price for the company. in a research report on Monday, February 5th. Finally, BMO Capital Markets lifted their price target on shares of TJX Companies from $95.00 to $110.00 and gave the company an “outperform” rating in a research report on Thursday, February 29th. Two equities research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $104.29.

Insider Buying and Selling

In other TJX Companies news, CEO Ernie Herrman sold 20,000 shares of the company’s stock in a transaction that occurred on Thursday, March 21st. The stock was sold at an average price of $98.98, for a total transaction of $1,979,600.00. Following the sale, the chief executive officer now owns 515,801 shares in the company, valued at $51,053,982.98. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In other TJX Companies news, CEO Ernie Herrman sold 20,000 shares of TJX Companies stock in a transaction on Thursday, March 21st. The shares were sold at an average price of $98.98, for a total value of $1,979,600.00. Following the completion of the transaction, the chief executive officer now owns 515,801 shares of the company’s stock, valued at $51,053,982.98. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Louise Greenlees sold 2,694 shares of the business’s stock in a transaction on Friday, March 1st. The shares were sold at an average price of $98.83, for a total transaction of $266,248.02. Following the sale, the executive vice president now owns 50,273 shares of the company’s stock, valued at approximately $4,968,480.59. The disclosure for this sale can be found here. Insiders own 0.13% of the company’s stock.

TJX Companies Stock Up 2.4 %

Shares of NYSE:TJX traded up $2.33 during trading on Monday, hitting $97.44. The company’s stock had a trading volume of 6,229,573 shares, compared to its average volume of 5,095,990. The TJX Companies, Inc. has a fifty-two week low of $75.65 and a fifty-two week high of $102.84. The stock’s 50-day moving average price is $96.91 and its two-hundred day moving average price is $94.16. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.64 and a current ratio of 1.21. The company has a market capitalization of $110.40 billion, a PE ratio of 25.24, a PEG ratio of 2.45 and a beta of 0.87.

TJX Companies (NYSE:TJX) last released its earnings results on Wednesday, February 28th. The apparel and home fashions retailer reported $1.22 EPS for the quarter, beating the consensus estimate of $1.12 by $0.10. The company had revenue of $16.41 billion during the quarter, compared to analysts’ expectations of $16.20 billion. TJX Companies had a return on equity of 64.18% and a net margin of 8.25%. The business’s revenue was up 13.0% on a year-over-year basis. During the same period in the prior year, the business posted $0.89 EPS. As a group, sell-side analysts expect that The TJX Companies, Inc. will post 4.07 EPS for the current year.

TJX Companies Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 6th. Stockholders of record on Thursday, May 16th will be given a dividend of $0.375 per share. This is a boost from TJX Companies’s previous quarterly dividend of $0.33. The ex-dividend date is Wednesday, May 15th. This represents a $1.50 annualized dividend and a dividend yield of 1.54%. TJX Companies’s dividend payout ratio (DPR) is presently 34.46%.

TJX Companies declared that its Board of Directors has approved a share buyback plan on Wednesday, February 28th that authorizes the company to repurchase $2.50 billion in shares. This repurchase authorization authorizes the apparel and home fashions retailer to purchase up to 2.2% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s leadership believes its stock is undervalued.

TJX Companies 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.