Robeco Institutional Asset Management B.V. boosted its holdings in shares of The TJX Companies, Inc. (NYSE:TJX – Free Report) by 12.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 164,022 shares of the apparel and home fashions retailer’s stock after acquiring an additional 17,708 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in TJX Companies were worth $13,907,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors have also added to or reduced their stakes in TJX. J.W. Cole Advisors Inc. raised its stake in TJX Companies by 2.6% in the first quarter. J.W. Cole Advisors Inc. now owns 6,809 shares of the apparel and home fashions retailer’s stock worth $534,000 after buying an additional 172 shares in the last quarter. Advisors Asset Management Inc. raised its position in shares of TJX Companies by 15.1% in the 1st quarter. Advisors Asset Management Inc. now owns 123,265 shares of the apparel and home fashions retailer’s stock worth $9,659,000 after acquiring an additional 16,162 shares in the last quarter. Integrated Advisors Network LLC lifted its stake in shares of TJX Companies by 3.7% during the 1st quarter. Integrated Advisors Network LLC now owns 5,656 shares of the apparel and home fashions retailer’s stock worth $443,000 after purchasing an additional 204 shares during the last quarter. Martingale Asset Management L P bought a new stake in TJX Companies during the first quarter valued at about $223,000. Finally, Alpha Financial Partners LLC purchased a new position in TJX Companies in the fourth quarter valued at about $415,000. Hedge funds and other institutional investors own 89.28% of the company’s stock.
Insider Transactions at TJX Companies
In related news, Chairman Carol Meyrowitz sold 64,817 shares of the company’s stock in a transaction dated Tuesday, August 29th. The stock was sold at an average price of $91.13, for a total value of $5,906,773.21. Following the completion of the transaction, the chairman now owns 135,050 shares of the company’s stock, valued at approximately $12,307,106.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, Chairman Carol Meyrowitz sold 64,817 shares of the business’s stock in a transaction that occurred on Tuesday, August 29th. The stock was sold at an average price of $91.13, for a total value of $5,906,773.21. Following the completion of the sale, the chairman now directly owns 135,050 shares in the company, valued at $12,307,106.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Ernie Herrman sold 45,000 shares of the stock in a transaction that occurred on Thursday, August 17th. The shares were sold at an average price of $89.04, for a total value of $4,006,800.00. Following the transaction, the chief executive officer now owns 642,098 shares in the company, valued at approximately $57,172,405.92. The disclosure for this sale can be found here. Insiders have sold a total of 114,014 shares of company stock valued at $10,291,303 in the last ninety days. 0.13% of the stock is currently owned by corporate insiders.
Analyst Ratings Changes
Check Out Our Latest Report on TJX
TJX Companies Stock Performance
Shares of TJX stock opened at $88.56 on Monday. The stock has a market cap of $101.32 billion, a PE ratio of 25.97, a price-to-earnings-growth ratio of 2.14 and a beta of 0.89. The TJX Companies, Inc. has a 52-week low of $62.25 and a 52-week high of $93.78. The business has a 50-day simple moving average of $89.21 and a 200-day simple moving average of $83.27. The company has a quick ratio of 0.56, a current ratio of 1.20 and a debt-to-equity ratio of 0.43.
TJX Companies (NYSE:TJX – Get Free Report) last released its quarterly earnings data on Wednesday, August 16th. The apparel and home fashions retailer reported $0.85 EPS for the quarter, topping the consensus estimate of $0.77 by $0.08. TJX Companies had a return on equity of 62.61% and a net margin of 7.77%. The business had revenue of $12.76 billion for the quarter, compared to analyst estimates of $12.45 billion. During the same quarter in the prior year, the firm posted $0.69 EPS. The business’s quarterly revenue was up 7.7% compared to the same quarter last year. On average, equities analysts expect that The TJX Companies, Inc. will post 3.71 EPS for the current year.
TJX Companies Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, November 30th. Shareholders of record on Thursday, November 9th will be given a $0.3325 dividend. The ex-dividend date is Wednesday, November 8th. This represents a $1.33 dividend on an annualized basis and a dividend yield of 1.50%. TJX Companies’s dividend payout ratio (DPR) is currently 39.00%.
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, kids, and gourmet food departments; jewelry and accessories; and other merchandise.
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