The TJX Companies, Inc. (NYSE:TJX) Stock Holdings Increased by Tempus Wealth Planning LLC

Tempus Wealth Planning LLC lifted its position in The TJX Companies, Inc. (NYSE:TJX) by 4.1% in the 1st quarter, Holdings Channel.com reports. The fund owned 10,940 shares of the apparel and home fashions retailer’s stock after acquiring an additional 430 shares during the period. Tempus Wealth Planning LLC’s holdings in TJX Companies were worth $1,110,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in the company. Running Oak Capital LLC lifted its position in shares of TJX Companies by 10.9% in the 1st quarter. Running Oak Capital LLC now owns 111,987 shares of the apparel and home fashions retailer’s stock worth $11,358,000 after buying an additional 11,036 shares during the last quarter. New Mexico Educational Retirement Board boosted its stake in TJX Companies by 15.9% in the first quarter. New Mexico Educational Retirement Board now owns 69,380 shares of the apparel and home fashions retailer’s stock valued at $7,037,000 after acquiring an additional 9,500 shares during the period. Ferguson Wellman Capital Management Inc. raised its position in shares of TJX Companies by 3.7% during the 4th quarter. Ferguson Wellman Capital Management Inc. now owns 603,482 shares of the apparel and home fashions retailer’s stock worth $56,613,000 after purchasing an additional 21,767 shares during the period. Savoir Faire Capital Management L.P. bought a new stake in shares of TJX Companies in the 3rd quarter worth approximately $3,197,000. Finally, Gateway Investment Advisers LLC grew its stake in TJX Companies by 42.9% during the 4th quarter. Gateway Investment Advisers LLC now owns 19,108 shares of the apparel and home fashions retailer’s stock worth $1,793,000 after buying an additional 5,737 shares during the last quarter. 91.09% of the stock is currently owned by institutional investors.

TJX Companies Stock Performance

Shares of NYSE TJX traded up $0.19 during trading hours on Thursday, hitting $110.39. 2,277,519 shares of the company’s stock were exchanged, compared to its average volume of 5,616,329. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.23 and a quick ratio of 0.61. The company’s 50-day moving average price is $103.42 and its 200-day moving average price is $98.67. The stock has a market capitalization of $124.76 billion, a price-to-earnings ratio of 27.39, a PEG ratio of 2.95 and a beta of 0.88. The TJX Companies, Inc. has a 1-year low of $82.25 and a 1-year high of $111.79.

TJX Companies (NYSE:TJX) last released its earnings results on Wednesday, May 22nd. The apparel and home fashions retailer reported $0.93 earnings per share for the quarter, beating the consensus estimate of $0.87 by $0.06. TJX Companies had a net margin of 8.47% and a return on equity of 64.26%. The business had revenue of $12.48 billion during the quarter, compared to analysts’ expectations of $12.48 billion. During the same quarter last year, the company earned $0.76 earnings per share. The firm’s revenue was up 5.9% on a year-over-year basis. On average, sell-side analysts expect that The TJX Companies, Inc. will post 4.09 earnings per share for the current fiscal year.

TJX Companies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 5th. Stockholders of record on Thursday, August 15th will be issued a $0.375 dividend. The ex-dividend date of this dividend is Thursday, August 15th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 1.36%. TJX Companies’s payout ratio is presently 37.22%.

Insider Buying and Selling

In other TJX Companies news, CEO Ernie Herrman sold 20,000 shares of the stock in a transaction on Friday, May 24th. The stock was sold at an average price of $102.17, for a total transaction of $2,043,400.00. Following the completion of the transaction, the chief executive officer now directly owns 571,148 shares in the company, valued at $58,354,191.16. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other TJX Companies news, CEO Ernie Herrman sold 20,000 shares of the business’s stock in a transaction on Friday, May 24th. The stock was sold at an average price of $102.17, for a total value of $2,043,400.00. Following the transaction, the chief executive officer now owns 571,148 shares of the company’s stock, valued at $58,354,191.16. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Kenneth Canestrari sold 20,332 shares of TJX Companies stock in a transaction on Thursday, May 23rd. The stock was sold at an average price of $100.00, for a total value of $2,033,200.00. Following the sale, the executive vice president now directly owns 110,893 shares of the company’s stock, valued at $11,089,300. The disclosure for this sale can be found here. Insiders sold 50,003 shares of company stock worth $5,060,941 in the last 90 days. 0.13% of the stock is owned by company insiders.

Analyst Ratings Changes

Several research firms have recently commented on TJX. BMO Capital Markets upped their price target on shares of TJX Companies from $110.00 to $116.00 and gave the stock an “outperform” rating in a research report on Monday, June 3rd. Sanford C. Bernstein boosted their price objective on TJX Companies from $115.00 to $120.00 and gave the stock an “outperform” rating in a research report on Thursday, May 23rd. Telsey Advisory Group lifted their target price on TJX Companies from $112.00 to $115.00 and gave the company an “outperform” rating in a research note on Thursday, May 23rd. Evercore ISI set a $113.00 price target on TJX Companies in a research note on Tuesday, May 21st. Finally, The Goldman Sachs Group raised shares of TJX Companies from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $100.00 to $110.00 in a report on Thursday, April 25th. Two investment analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company. According to data from MarketBeat.com, TJX Companies has an average rating of “Moderate Buy” and a consensus price target of $111.50.

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.