The TJX Companies, Inc. (NYSE:TJX) Shares Sold by Whittier Trust Co.

Whittier Trust Co. trimmed its position in The TJX Companies, Inc. (NYSE:TJX) by 0.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 571,636 shares of the apparel and home fashions retailer’s stock after selling 2,013 shares during the period. TJX Companies accounts for approximately 0.9% of Whittier Trust Co.’s investment portfolio, making the stock its 19th biggest holding. Whittier Trust Co. owned about 0.05% of TJX Companies worth $69,059,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Howard Capital Management Group LLC boosted its holdings in shares of TJX Companies by 42.9% in the 3rd quarter. Howard Capital Management Group LLC now owns 231,481 shares of the apparel and home fashions retailer’s stock valued at $27,208,000 after acquiring an additional 69,489 shares during the last quarter. Thrivent Financial for Lutherans lifted its position in TJX Companies by 2.9% during the third quarter. Thrivent Financial for Lutherans now owns 114,416 shares of the apparel and home fashions retailer’s stock valued at $13,448,000 after purchasing an additional 3,258 shares during the period. OneAscent Financial Services LLC acquired a new position in TJX Companies during the third quarter valued at $312,000. BIP Wealth LLC purchased a new stake in TJX Companies in the third quarter valued at $215,000. Finally, Avior Wealth Management LLC grew its holdings in TJX Companies by 172.1% during the third quarter. Avior Wealth Management LLC now owns 14,247 shares of the apparel and home fashions retailer’s stock worth $1,675,000 after acquiring an additional 9,011 shares during the period. Hedge funds and other institutional investors own 91.09% of the company’s stock.

TJX Companies Trading Up 2.4 %

TJX opened at $117.98 on Thursday. The firm has a market capitalization of $132.63 billion, a price-to-earnings ratio of 27.76, a price-to-earnings-growth ratio of 2.75 and a beta of 0.96. The company’s 50 day simple moving average is $121.88 and its two-hundred day simple moving average is $120.15. 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 announced its quarterly earnings data on Wednesday, February 26th. The apparel and home fashions retailer reported $1.23 EPS for the quarter, topping analysts’ consensus estimates of $1.16 by $0.07. The firm had revenue of $16.35 billion for the quarter, compared to the consensus estimate of $16.24 billion. TJX Companies had a return on equity of 61.82% and a net margin of 8.63%. Analysts expect that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

Analyst Ratings Changes

Several research firms have commented on TJX. 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 report on Friday, November 22nd. BMO Capital Markets lifted 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, February 27th. Deutsche Bank Aktiengesellschaft increased their target price on shares of TJX Companies from $130.00 to $131.00 and gave the stock a “buy” rating in a research note on Thursday, November 21st. Guggenheim lifted their price target on TJX Companies from $135.00 to $140.00 and gave the company a “buy” rating in a research note on Thursday, December 5th. Finally, Evercore ISI upped their target price on TJX Companies from $138.00 to $142.00 and gave the stock an “outperform” rating in a research note on Thursday, November 21st. Three equities research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $135.06.

Insider Activity at TJX Companies

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

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.