First National Bank of Omaha Buys Shares of 91,972 The TJX Companies, Inc. $TJX

First National Bank of Omaha purchased a new position in The TJX Companies, Inc. (NYSE:TJX) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 91,972 shares of the apparel and home fashions retailer’s stock, valued at approximately $13,294,000. TJX Companies comprises about 0.8% of First National Bank of Omaha’s holdings, making the stock its 23rd largest holding.

Other hedge funds also recently made changes to their positions in the company. Brighton Jones LLC raised its position in TJX Companies by 113.7% during the fourth quarter. Brighton Jones LLC now owns 15,039 shares of the apparel and home fashions retailer’s stock valued at $1,817,000 after purchasing an additional 8,002 shares in the last quarter. Revolve Wealth Partners LLC boosted its holdings in shares of TJX Companies by 12.1% in the 4th quarter. Revolve Wealth Partners LLC now owns 2,172 shares of the apparel and home fashions retailer’s stock worth $262,000 after purchasing an additional 235 shares in the last quarter. Bison Wealth LLC increased its position in shares of TJX Companies by 32.9% during the 4th quarter. Bison Wealth LLC now owns 3,856 shares of the apparel and home fashions retailer’s stock valued at $466,000 after purchasing an additional 955 shares during the last quarter. United Bank raised its holdings in shares of TJX Companies by 7.6% during the 2nd quarter. United Bank now owns 16,298 shares of the apparel and home fashions retailer’s stock valued at $2,013,000 after buying an additional 1,155 shares in the last quarter. Finally, Chicago Partners Investment Group LLC raised its holdings in shares of TJX Companies by 24.2% during the 2nd quarter. Chicago Partners Investment Group LLC now owns 5,422 shares of the apparel and home fashions retailer’s stock valued at $685,000 after buying an additional 1,055 shares in the last quarter. 91.09% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on TJX shares. Wells Fargo & Company reaffirmed a “positive” rating and issued a $150.00 target price (up previously from $145.00) on shares of TJX Companies in a research note on Tuesday, December 16th. Morgan Stanley reaffirmed an “overweight” rating and issued a $162.00 price objective (up previously from $159.00) on shares of TJX Companies in a research note on Thursday, November 20th. Jefferies Financial Group reiterated a “buy” rating and issued a $170.00 target price on shares of TJX Companies in a research report on Tuesday, November 11th. Evercore boosted their price target on shares of TJX Companies from $162.00 to $165.00 and gave the stock an “outperform” rating in a research note on Thursday, November 20th. Finally, Weiss Ratings reaffirmed a “buy (b+)” rating on shares of TJX Companies in a research note on Wednesday, January 21st. Two investment analysts have rated the stock with a Strong Buy rating and twenty-two have assigned a Buy rating to the company. According to MarketBeat.com, TJX Companies presently has an average rating of “Buy” and an average target price of $163.86.

TJX Companies Stock Up 1.5%

NYSE TJX opened at $156.76 on Wednesday. The TJX Companies, Inc. has a 1 year low of $112.10 and a 1 year high of $159.48. The stock has a market capitalization of $174.08 billion, a PE ratio of 34.60, a PEG ratio of 2.95 and a beta of 0.74. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.09 and a quick ratio of 0.43. The business’s 50-day moving average is $154.53 and its 200 day moving average is $146.32.

TJX Companies (NYSE:TJX) last issued its quarterly earnings data on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 earnings per share for the quarter, topping analysts’ consensus estimates of $1.22 by $0.06. TJX Companies had a return on equity of 58.30% and a net margin of 8.68%.The firm had revenue of $15.12 billion for the quarter, compared to analyst estimates of $14.80 billion. During the same period last year, the company earned $1.14 EPS. The business’s quarterly revenue was up 7.5% compared to the same quarter last year. Sell-side analysts forecast that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 5th. Investors of record on Thursday, February 12th will be paid a $0.425 dividend. The ex-dividend date of this dividend is Thursday, February 12th. This represents a $1.70 dividend on an annualized basis and a yield of 1.1%. TJX Companies’s dividend payout ratio (DPR) is presently 37.53%.

Insider Buying and Selling at TJX Companies

In other TJX Companies news, CEO Ernie Herrman sold 24,363 shares of TJX Companies stock in a transaction that occurred on Friday, November 21st. The stock was sold at an average price of $151.31, for a total transaction of $3,686,365.53. Following the sale, the chief executive officer directly owned 510,780 shares of the company’s stock, valued at approximately $77,286,121.80. The trade was a 4.55% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Amy B. Lane sold 500 shares of the stock in a transaction that occurred on Friday, November 21st. The stock was sold at an average price of $151.40, for a total value of $75,700.00. Following the completion of the transaction, the director directly owned 22,212 shares of the company’s stock, valued at $3,362,896.80. This represents a 2.20% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 54,863 shares of company stock worth $8,226,366. 0.13% of the stock is currently owned by company insiders.

TJX Companies Profile

TJX Companies, Inc is a leading off-price retailer of apparel, footwear, home fashions and other consumer goods. The company operates multiple retail concepts that offer discounted brand-name and designer merchandise, including well-known banners such as T.J. Maxx and Marshalls in the United States, HomeGoods for home furnishings, TK Maxx in parts of Europe, and Winners and Homesense in Canada. Merchandise categories span women’s, men’s and children’s apparel, accessories, beauty, home décor, kitchenware and small furniture, with frequent changes in assortment that create a “treasure-hunt” shopping experience for consumers.

The company’s business model centers on opportunistic buying, purchasing excess, irregular or out-of-season inventory from manufacturers, department stores and other suppliers, and passing savings to customers through lower prices.