The TJX Companies, Inc. (NYSE:TJX) Shares Acquired by ORG Partners LLC

ORG Partners LLC boosted its position in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 175.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,732 shares of the apparel and home fashions retailer's stock after acquiring an additional 4,290 shares during the quarter. ORG Partners LLC's holdings in TJX Companies were worth $827,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Norges Bank acquired a new position in shares of TJX Companies during the fourth quarter worth about $1,670,565,000. Raymond James Financial Inc. acquired a new stake in shares of TJX Companies in the fourth quarter valued at about $570,342,000. GAMMA Investing LLC raised its holdings in shares of TJX Companies by 14,486.1% during the 1st quarter. GAMMA Investing LLC now owns 2,912,116 shares of the apparel and home fashions retailer's stock valued at $354,696,000 after buying an additional 2,892,151 shares during the period. Capital Research Global Investors lifted its position in TJX Companies by 689.6% during the 4th quarter. Capital Research Global Investors now owns 2,595,085 shares of the apparel and home fashions retailer's stock worth $313,512,000 after acquiring an additional 2,266,415 shares in the last quarter. Finally, Northern Trust Corp lifted its position in TJX Companies by 15.2% during the 4th quarter. Northern Trust Corp now owns 13,985,826 shares of the apparel and home fashions retailer's stock worth $1,689,628,000 after acquiring an additional 1,845,225 shares in the last quarter. Institutional investors and hedge funds own 91.09% of the company's stock.

Insider Buying and Selling at TJX Companies

In related news, Director Amy B. Lane sold 950 shares of the firm's stock in a transaction that occurred on Tuesday, June 3rd. The stock was sold at an average price of $128.09, for a total value of $121,685.50. Following the sale, the director now owns 22,712 shares of the company's stock, valued at approximately $2,909,180.08. This trade represents a 4.01% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.13% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several analysts have issued reports on TJX shares. Telsey Advisory Group reaffirmed an "outperform" rating and issued a $145.00 price objective on shares of TJX Companies in a research report on Wednesday, May 21st. TD Securities raised their price target on shares of TJX Companies from $140.00 to $142.00 and gave the company a "buy" rating in a report on Tuesday, May 20th. JPMorgan Chase & Co. boosted their price objective on shares of TJX Companies from $130.00 to $145.00 and gave the stock an "overweight" rating in a report on Monday, June 2nd. Robert W. Baird upped their price objective on shares of TJX Companies from $140.00 to $143.00 and gave the company an "outperform" rating in a research report on Thursday, May 22nd. Finally, Citigroup upgraded TJX Companies from a "neutral" rating to a "buy" rating in a research note on Wednesday, May 21st. One research analyst has rated the stock with a hold rating and eighteen have issued a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $141.53.

TJX Companies Trading Down 0.4%

NYSE:TJX opened at $122.48 on Friday. The company has a market cap of $136.82 billion, a PE ratio of 28.82, a P/E/G ratio of 2.90 and a beta of 0.90. The business's 50 day moving average is $127.76 and its two-hundred day moving average is $124.12. The company has a quick ratio of 0.51, a current ratio of 1.16 and a debt-to-equity ratio of 0.34. The TJX Companies, Inc. has a 52 week low of $107.71 and a 52 week high of $135.85.

TJX Companies (NYSE:TJX - Get Free Report) last posted its quarterly earnings results on Wednesday, May 21st. The apparel and home fashions retailer reported $0.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.90 by $0.02. TJX Companies had a return on equity of 58.81% and a net margin of 8.47%. The business had revenue of $13.11 billion for the quarter, compared to analyst estimates of $13.01 billion. During the same period in the prior year, the company posted $0.93 EPS. The business's revenue was up 5.1% compared to the same quarter last year. On average, analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 4th. Shareholders of record on Thursday, August 14th will be paid a $0.425 dividend. The ex-dividend date of this dividend is Thursday, August 14th. This represents a $1.70 dividend on an annualized basis and a yield of 1.39%. TJX Companies's payout ratio is currently 40.00%.

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.

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