Cobblestone Capital Advisors LLC NY Has $15.30 Million Stock Holdings in The TJX Companies, Inc. (NYSE:TJX)

Cobblestone Capital Advisors LLC NY grew its position in The TJX Companies, Inc. (NYSE:TJX) by 0.2% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 126,678 shares of the apparel and home fashions retailer’s stock after purchasing an additional 271 shares during the period. Cobblestone Capital Advisors LLC NY’s holdings in TJX Companies were worth $15,304,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. Maple Capital Management Inc. raised its holdings in shares of TJX Companies by 0.4% during the fourth quarter. Maple Capital Management Inc. now owns 221,502 shares of the apparel and home fashions retailer’s stock worth $26,760,000 after acquiring an additional 873 shares during the period. SVB Wealth LLC acquired a new stake in TJX Companies in the 4th quarter valued at $14,302,000. Flputnam Investment Management Co. increased its stake in TJX Companies by 1.6% in the 4th quarter. Flputnam Investment Management Co. now owns 388,438 shares of the apparel and home fashions retailer’s stock valued at $46,927,000 after buying an additional 6,087 shares during the last quarter. First American Bank grew its position in shares of TJX Companies by 1.9% in the 4th quarter. First American Bank now owns 131,604 shares of the apparel and home fashions retailer’s stock valued at $15,899,000 after acquiring an additional 2,504 shares during the period. Finally, Schulhoff & Co. Inc. grew its position in shares of TJX Companies by 3.4% in the 4th quarter. Schulhoff & Co. Inc. now owns 6,959 shares of the apparel and home fashions retailer’s stock valued at $841,000 after acquiring an additional 231 shares during the period. 91.09% of the stock is currently owned by institutional investors and hedge funds.

TJX Companies Price Performance

TJX stock opened at $124.79 on Friday. The company has a 50 day simple moving average of $122.98 and a 200 day simple moving average of $119.95. The stock has a market cap of $140.28 billion, a price-to-earnings ratio of 29.36, a P/E/G ratio of 2.75 and a beta of 0.91. The TJX Companies, Inc. has a 1 year low of $92.35 and a 1 year high of $128.00. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.19 and a quick ratio of 0.50.

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

TJX Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 6th. Shareholders of record on Thursday, February 13th will be issued a dividend of $0.375 per share. This represents a $1.50 dividend on an annualized basis and a yield of 1.20%. The ex-dividend date is Thursday, February 13th. TJX Companies’s payout ratio is 35.29%.

Insiders Place Their Bets

In other TJX Companies news, Director Alan M. Bennett sold 8,000 shares of the business’s stock in a transaction that occurred on Thursday, February 27th. The shares were sold at an average price of $123.53, for a total transaction of $988,240.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.13% of the company’s stock.

Analyst Ratings Changes

Several analysts recently commented on TJX shares. Jefferies Financial Group lifted their target price on shares of TJX Companies from $140.00 to $145.00 and gave the stock a “buy” rating in a report on Thursday, December 5th. BMO Capital Markets boosted their price objective on shares of TJX Companies from $133.00 to $145.00 and gave the company an “outperform” rating in a report on Thursday. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of TJX Companies from $130.00 to $131.00 and gave the company a “buy” rating in a report on Thursday, November 21st. Wells Fargo & Company boosted their price objective on shares of TJX Companies from $115.00 to $120.00 and gave the company an “equal weight” rating in a report on Friday, January 10th. Finally, Guggenheim boosted their price objective on shares of TJX Companies from $135.00 to $140.00 and gave the company a “buy” rating in a report on Thursday, December 5th. Three analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company. According to data from MarketBeat.com, TJX Companies currently has an average rating of “Moderate Buy” and a consensus target price of $135.06.

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.