Waldron Private Wealth LLC Has $1.64 Million Position in The TJX Companies, Inc. (NYSE:TJX)

Waldron Private Wealth LLC raised its holdings in The TJX Companies, Inc. (NYSE:TJX) by 3.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 13,535 shares of the apparel and home fashions retailer’s stock after acquiring an additional 491 shares during the quarter. Waldron Private Wealth LLC’s holdings in TJX Companies were worth $1,635,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Trivant Custom Portfolio Group LLC bought a new position in TJX Companies during the fourth quarter valued at about $26,000. Capital Performance Advisors LLP bought a new position in shares of TJX Companies in the 3rd quarter valued at approximately $29,000. Truvestments Capital LLC acquired a new stake in TJX Companies in the 3rd quarter worth approximately $29,000. Copeland Capital Management LLC bought a new stake in TJX Companies during the third quarter worth approximately $30,000. Finally, Legacy Investment Solutions LLC acquired a new position in TJX Companies during the third quarter valued at approximately $30,000. 91.09% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research firms recently issued reports on TJX. Guggenheim upped their price objective on shares of TJX Companies from $135.00 to $140.00 and gave the stock a “buy” rating in a report on Thursday, December 5th. Wells Fargo & Company raised their target price on TJX Companies from $115.00 to $120.00 and gave the company an “equal weight” rating in a report on Friday, January 10th. Robert W. Baird upped their price target on TJX Companies from $133.00 to $138.00 and gave the stock an “outperform” rating in a report on Thursday, December 5th. StockNews.com raised shares of TJX Companies from a “hold” rating to a “buy” rating in a research report on Saturday, November 30th. Finally, UBS Group increased their price target on shares of TJX Companies from $148.00 to $151.00 and gave the company a “buy” rating in a report on Friday, January 10th. Three equities research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $131.67.

TJX Companies Price Performance

TJX Companies stock opened at $124.83 on Friday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.50 and a current ratio of 1.19. The firm has a market cap of $140.33 billion, a P/E ratio of 29.37, a P/E/G ratio of 3.04 and a beta of 0.91. The TJX Companies, Inc. has a 52 week low of $92.35 and a 52 week high of $128.00. The business’s fifty day moving average is $123.25 and its two-hundred day moving average is $118.18.

TJX Companies (NYSE:TJX) last released its quarterly earnings results on Wednesday, November 20th. The apparel and home fashions retailer reported $1.14 EPS for the quarter, beating the consensus estimate of $1.09 by $0.05. The business had revenue of $14.06 billion for the quarter, compared to analysts’ expectations of $13.95 billion. TJX Companies had a net margin of 8.63% and a return on equity of 61.82%. TJX Companies’s revenue was up 6.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.03 earnings per share. Equities research analysts forecast that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Dividend Announcement

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. The ex-dividend date is Thursday, February 13th. This represents a $1.50 dividend on an annualized basis and a yield of 1.20%. TJX Companies’s payout ratio is presently 35.29%.

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.