The TJX Companies, Inc. (NYSE:TJX) Stock Holdings Raised by Callan Family Office LLC

Callan Family Office LLC lifted its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 267.3% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 9,036 shares of the apparel and home fashions retailer’s stock after purchasing an additional 6,576 shares during the period. Callan Family Office LLC’s holdings in TJX Companies were worth $1,092,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Raymond James Financial Inc. bought a new position in TJX Companies during the 4th quarter worth approximately $570,342,000. DJE Kapital AG acquired a new stake in shares of TJX Companies during the 4th quarter valued at approximately $140,068,000. Provident Trust Co. lifted its stake in TJX Companies by 71.3% during the fourth quarter. Provident Trust Co. now owns 2,723,149 shares of the apparel and home fashions retailer’s stock worth $328,984,000 after purchasing an additional 1,133,486 shares during the last quarter. Caisse DE Depot ET Placement DU Quebec boosted its holdings in TJX Companies by 161.3% in the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,786,652 shares of the apparel and home fashions retailer’s stock worth $210,003,000 after purchasing an additional 1,102,912 shares during the period. Finally, Capital Wealth Planning LLC increased its stake in TJX Companies by 39.1% during the fourth quarter. Capital Wealth Planning LLC now owns 3,658,245 shares of the apparel and home fashions retailer’s stock valued at $441,953,000 after purchasing an additional 1,027,456 shares during the last quarter. Institutional investors own 91.09% of the company’s stock.

Insider Activity at TJX Companies

In other news, CEO Ernie Herrman sold 23,428 shares of the firm’s stock in a transaction dated Wednesday, March 5th. The shares were sold at an average price of $123.03, for a total transaction of $2,882,346.84. Following the completion of the transaction, the chief executive officer now owns 484,189 shares in the company, valued at approximately $59,569,772.67. This trade represents a 4.62 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Alan M. Bennett sold 8,000 shares of TJX Companies stock in a transaction that occurred on Thursday, February 27th. The stock was sold at an average price of $123.53, for a total transaction of $988,240.00. The disclosure for this sale can be found here. Company insiders own 0.13% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the stock. Morgan Stanley raised their price target on shares of TJX Companies from $130.00 to $135.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 21st. Wells Fargo & Company lifted their target price on TJX Companies from $115.00 to $120.00 and gave the company an “equal weight” rating in a research note on Friday, January 10th. StockNews.com downgraded TJX Companies from a “buy” rating to a “hold” rating in a report on Thursday, February 27th. TD Cowen upped their price objective on TJX Companies from $130.00 to $132.00 and gave the stock a “buy” rating in a research note on Friday, November 22nd. Finally, BMO Capital Markets raised their target price on TJX Companies from $133.00 to $145.00 and gave the company an “outperform” rating in a research note on Thursday, February 27th. Three research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $135.06.

TJX Companies Stock Down 1.2 %

TJX Companies stock opened at $119.18 on Friday. The TJX Companies, Inc. has a 52 week low of $92.35 and a 52 week high of $128.00. The stock has a market cap of $133.98 billion, a price-to-earnings ratio of 28.04, a PEG ratio of 2.75 and a beta of 0.96. The company’s 50-day moving average price is $122.77 and its two-hundred day moving average price is $120.36. The company has a current ratio of 1.19, a quick ratio of 0.50 and a debt-to-equity ratio of 0.35.

TJX Companies (NYSE:TJX) last posted its quarterly earnings data on Wednesday, February 26th. The apparel and home fashions retailer reported $1.23 EPS for the quarter, beating analysts’ consensus estimates of $1.16 by $0.07. The business had revenue of $16.35 billion for the quarter, compared to analyst estimates of $16.24 billion. TJX Companies had a net margin of 8.63% and a return on equity of 61.82%. On average, analysts expect that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 6th. Stockholders of record on Thursday, February 13th were issued a $0.375 dividend. The ex-dividend date of this dividend was Thursday, February 13th. This represents a $1.50 annualized dividend and a dividend yield of 1.26%. TJX Companies’s dividend payout ratio (DPR) is 35.21%.

TJX Companies Company 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.