Hemenway Trust Co LLC Has $35.02 Million Stock Holdings in The TJX Companies, Inc. (NYSE:TJX)

Hemenway Trust Co LLC lifted its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 0.2% in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 318,059 shares of the apparel and home fashions retailer’s stock after buying an additional 771 shares during the period. TJX Companies comprises about 3.0% of Hemenway Trust Co LLC’s portfolio, making the stock its 14th biggest holding. Hemenway Trust Co LLC’s holdings in TJX Companies were worth $35,018,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of TJX. Fisher Asset Management LLC raised its holdings in shares of TJX Companies by 21.8% during the 4th quarter. Fisher Asset Management LLC now owns 5,569 shares of the apparel and home fashions retailer’s stock worth $522,000 after buying an additional 996 shares in the last quarter. Aveo Capital Partners LLC raised its holdings in shares of TJX Companies by 6.0% during the 4th quarter. Aveo Capital Partners LLC now owns 3,568 shares of the apparel and home fashions retailer’s stock worth $335,000 after buying an additional 203 shares in the last quarter. 9258 Wealth Management LLC raised its holdings in shares of TJX Companies by 36.6% during the 4th quarter. 9258 Wealth Management LLC now owns 13,515 shares of the apparel and home fashions retailer’s stock worth $1,268,000 after buying an additional 3,624 shares in the last quarter. Lincoln National Corp raised its holdings in shares of TJX Companies by 1.8% during the 4th quarter. Lincoln National Corp now owns 12,374 shares of the apparel and home fashions retailer’s stock worth $1,161,000 after buying an additional 217 shares in the last quarter. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management acquired a new position in shares of TJX Companies during the 4th quarter worth $355,000. Institutional investors and hedge funds own 91.09% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. Wells Fargo & Company upped their target price on TJX Companies from $100.00 to $115.00 and gave the stock an “equal weight” rating in a report on Thursday, August 22nd. TD Cowen upped their target price on TJX Companies from $120.00 to $125.00 and gave the stock a “buy” rating in a report on Thursday, August 22nd. BMO Capital Markets upped their target price on TJX Companies from $116.00 to $133.00 and gave the stock an “outperform” rating in a report on Thursday, August 22nd. Bank of America upped their target price on TJX Companies from $115.00 to $135.00 and gave the stock a “buy” rating in a report on Thursday, August 22nd. Finally, Barclays upped their target price on TJX Companies from $114.00 to $136.00 and gave the stock an “overweight” rating in a report on Thursday, August 22nd. Four analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $126.76.

TJX Companies Stock Down 0.7 %

Shares of TJX stock traded down $0.86 on Friday, reaching $117.15. 347,688 shares of the company were exchanged, compared to its average volume of 5,402,678. The TJX Companies, Inc. has a one year low of $86.71 and a one year high of $121.13. The company has a market cap of $132.13 billion, a price-to-earnings ratio of 29.28, a PEG ratio of 2.97 and a beta of 0.89. The company has a 50-day moving average of $113.47 and a 200-day moving average of $104.70. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.21 and a quick ratio of 0.60.

TJX Companies (NYSE:TJX) last announced its quarterly earnings results on Wednesday, August 21st. The apparel and home fashions retailer reported $0.96 EPS for the quarter, beating analysts’ consensus estimates of $0.92 by $0.04. The business had revenue of $13.47 billion during the quarter, compared to analyst estimates of $13.31 billion. TJX Companies had a net margin of 8.56% and a return on equity of 63.19%. TJX Companies’s quarterly revenue was up 5.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.85 EPS. Analysts anticipate that The TJX Companies, Inc. will post 4.15 earnings per share for the current year.

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.