Running Oak Capital LLC Increases Stock Holdings in The TJX Companies, Inc. (NYSE:TJX)

Running Oak Capital LLC boosted its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 6.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 120,654 shares of the apparel and home fashions retailer’s stock after purchasing an additional 7,456 shares during the period. TJX Companies makes up 1.9% of Running Oak Capital LLC’s holdings, making the stock its 13th biggest holding. Running Oak Capital LLC’s holdings in TJX Companies were worth $14,576,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of TJX. Grimes & Company Inc. boosted its position in shares of TJX Companies by 1.1% during the fourth quarter. Grimes & Company Inc. now owns 9,902 shares of the apparel and home fashions retailer’s stock worth $1,196,000 after buying an additional 108 shares during the period. Linden Thomas Advisory Services LLC lifted its stake in TJX Companies by 26.8% during the 4th quarter. Linden Thomas Advisory Services LLC now owns 12,394 shares of the apparel and home fashions retailer’s stock worth $1,497,000 after acquiring an additional 2,617 shares in the last quarter. Cyndeo Wealth Partners LLC boosted its holdings in TJX Companies by 27.8% during the 4th quarter. Cyndeo Wealth Partners LLC now owns 109,967 shares of the apparel and home fashions retailer’s stock valued at $13,285,000 after acquiring an additional 23,894 shares during the period. Geneos Wealth Management Inc. acquired a new position in TJX Companies in the 4th quarter valued at about $698,000. Finally, Cottonwood Capital Advisors LLC purchased a new stake in TJX Companies during the fourth quarter worth about $227,000. 91.09% of the stock is currently owned by institutional investors and hedge funds.

TJX Companies Stock Up 0.0 %

TJX Companies stock opened at $122.61 on Friday. The company has a market capitalization of $137.83 billion, a P/E ratio of 28.85, a PEG ratio of 3.00 and a beta of 0.91. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.50 and a current ratio of 1.19. The TJX Companies, Inc. has a fifty-two week low of $92.35 and a fifty-two week high of $128.00. The stock has a 50-day simple moving average of $122.84 and a 200-day simple moving average of $117.86.

TJX Companies (NYSE:TJX) last issued its quarterly earnings data on Wednesday, November 20th. The apparel and home fashions retailer reported $1.14 earnings per share for the quarter, beating analysts’ consensus estimates 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 61.82% and a net margin of 8.63%. The firm’s revenue for the quarter was up 6.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.03 earnings per share. Equities research analysts expect that The TJX Companies, Inc. will post 4.18 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, March 6th. Shareholders of record on Thursday, February 13th will be given a dividend of $0.375 per share. This represents a $1.50 annualized dividend and a yield of 1.22%. The ex-dividend date of this dividend is Thursday, February 13th. TJX Companies’s payout ratio is currently 35.29%.

Wall Street Analyst Weigh In

Several research firms have recently commented on TJX. Telsey Advisory Group reissued an “outperform” rating and issued a $134.00 price objective on shares of TJX Companies in a research note on Friday, December 6th. Evercore ISI boosted their price target on shares of TJX Companies from $138.00 to $142.00 and gave the stock an “outperform” rating in a research note on Thursday, November 21st. StockNews.com upgraded TJX Companies from a “hold” rating to a “buy” rating in a research note on Saturday, November 30th. Robert W. Baird boosted their target price on TJX Companies from $133.00 to $138.00 and gave the stock an “outperform” rating in a research note on Thursday, December 5th. Finally, UBS Group upped their price target on TJX Companies from $148.00 to $151.00 and gave the stock a “buy” rating in a report on Friday, January 10th. Three research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. Based on data from MarketBeat.com, TJX Companies currently has an average rating of “Moderate Buy” and a consensus target price of $131.67.

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.