EagleClaw Capital Managment LLC Has $7.89 Million Stock Holdings in The TJX Companies, Inc. (NYSE:TJX)

EagleClaw Capital Managment LLC cut its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 0.3% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 67,155 shares of the apparel and home fashions retailer’s stock after selling 215 shares during the quarter. TJX Companies comprises about 1.3% of EagleClaw Capital Managment LLC’s holdings, making the stock its 25th largest position. EagleClaw Capital Managment LLC’s holdings in TJX Companies were worth $7,893,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of TJX. Richard W. Paul & Associates LLC acquired a new position in shares of TJX Companies in the 2nd quarter worth approximately $25,000. Capital Performance Advisors LLP bought a new stake in shares of TJX Companies in the 3rd quarter valued at $29,000. Copeland Capital Management LLC bought a new stake in shares of TJX Companies in the 3rd quarter valued at $30,000. New Millennium Group LLC bought a new stake in shares of TJX Companies in the 2nd quarter valued at $34,000. Finally, Anfield Capital Management LLC bought a new stake in shares of TJX Companies in the 2nd quarter valued at $37,000. Institutional investors and hedge funds own 91.09% of the company’s stock.

TJX Companies Stock Performance

Shares of TJX stock traded down $1.06 during mid-day trading on Wednesday, reaching $118.50. The stock had a trading volume of 522,750 shares, compared to its average volume of 5,210,519. The business’s fifty day moving average is $116.42 and its 200-day moving average is $112.04. The company has a current ratio of 1.21, a quick ratio of 0.60 and a debt-to-equity ratio of 0.37. The firm has a market cap of $133.65 billion, a price-to-earnings ratio of 28.88, a PEG ratio of 3.03 and a beta of 0.89. The TJX Companies, Inc. has a 1-year low of $87.44 and a 1-year high of $122.10.

TJX Companies (NYSE:TJX) last announced its quarterly earnings results on Wednesday, November 20th. The apparel and home fashions retailer reported $1.14 earnings per share for the quarter, beating the consensus estimate of $1.09 by $0.05. The company had revenue of $14.06 billion during the quarter, compared to analysts’ expectations of $13.95 billion. TJX Companies had a return on equity of 63.19% and a net margin of 8.56%. TJX Companies’s quarterly revenue was up 6.0% on a year-over-year basis. During the same period last year, the business earned $1.03 earnings per share. On average, research analysts forecast that The TJX Companies, Inc. will post 4.14 earnings per share for the current year.

TJX Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 5th. Shareholders of record on Thursday, November 14th will be issued a $0.375 dividend. This represents a $1.50 annualized dividend and a yield of 1.27%. The ex-dividend date is Thursday, November 14th. TJX Companies’s payout ratio is currently 36.23%.

Analyst Upgrades and Downgrades

A number of analysts have commented on TJX shares. TD Cowen boosted their price target on shares of TJX Companies from $125.00 to $130.00 and gave the company a “buy” rating in a research note on Friday, November 15th. BMO Capital Markets boosted their price target on shares of TJX Companies from $116.00 to $133.00 and gave the stock an “outperform” rating in a report on Thursday, August 22nd. Bank of America upped their price objective on shares of TJX Companies from $115.00 to $135.00 and gave the company a “buy” rating in a report on Thursday, August 22nd. Loop Capital upped their price objective on shares of TJX Companies from $125.00 to $140.00 and gave the company a “buy” rating in a report on Thursday, August 22nd. Finally, StockNews.com upgraded TJX Companies from a “hold” rating to a “buy” rating in a research report on Sunday, September 15th. Three equities research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $127.41.

Insider Buying and Selling at TJX Companies

In other TJX Companies news, CEO Ernie Herrman sold 15,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 10th. The stock was sold at an average price of $117.54, for a total value of $1,763,100.00. Following the sale, the chief executive officer now directly owns 536,148 shares of the company’s stock, valued at approximately $63,018,835.92. This trade represents a 2.72 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.13% of the stock is owned by corporate insiders.

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.