The TJX Companies, Inc. (NYSE:TJX) Shares Sold by Roman Butler Fullerton & Co.

Roman Butler Fullerton & Co. cut its stake in The TJX Companies, Inc. (NYSE:TJX) by 17.9% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,153 shares of the apparel and home fashions retailer’s stock after selling 687 shares during the period. Roman Butler Fullerton & Co.’s holdings in TJX Companies were worth $356,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC boosted its position in TJX Companies by 36.4% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 362,979 shares of the apparel and home fashions retailer’s stock worth $34,051,000 after acquiring an additional 96,850 shares during the period. Perigon Wealth Management LLC lifted its holdings in TJX Companies by 20.1% in the fourth quarter. Perigon Wealth Management LLC now owns 15,406 shares of the apparel and home fashions retailer’s stock worth $1,445,000 after purchasing an additional 2,576 shares during the period. NewEdge Wealth LLC grew its position in TJX Companies by 79.4% in the 4th quarter. NewEdge Wealth LLC now owns 60,813 shares of the apparel and home fashions retailer’s stock valued at $5,705,000 after buying an additional 26,919 shares in the last quarter. Graypoint LLC increased its stake in TJX Companies by 15.0% during the 4th quarter. Graypoint LLC now owns 7,205 shares of the apparel and home fashions retailer’s stock valued at $676,000 after buying an additional 939 shares during the period. Finally, MV Capital Management Inc. raised its position in shares of TJX Companies by 0.5% during the 4th quarter. MV Capital Management Inc. now owns 24,045 shares of the apparel and home fashions retailer’s stock worth $2,256,000 after buying an additional 117 shares in the last quarter. 91.09% of the stock is currently owned by institutional investors.

Insider Activity

In other TJX Companies news, CEO Ernie Herrman sold 20,000 shares of the company’s stock in a transaction that occurred on Friday, May 24th. The stock was sold at an average price of $102.17, for a total transaction of $2,043,400.00. Following the completion of the sale, the chief executive officer now owns 571,148 shares of the company’s stock, valued at $58,354,191.16. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, CEO Ernie Herrman sold 20,000 shares of TJX Companies stock in a transaction on Friday, May 24th. The shares were sold at an average price of $102.17, for a total value of $2,043,400.00. Following the transaction, the chief executive officer now owns 571,148 shares in the company, valued at approximately $58,354,191.16. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Amy B. Lane sold 1,500 shares of the business’s stock in a transaction dated Tuesday, May 28th. The stock was sold at an average price of $102.07, for a total value of $153,105.00. Following the transaction, the director now directly owns 23,470 shares of the company’s stock, valued at approximately $2,395,582.90. The disclosure for this sale can be found here. In the last quarter, insiders have sold 50,003 shares of company stock valued at $5,060,941. Insiders own 0.13% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently issued reports on TJX shares. Morgan Stanley increased their price objective on shares of TJX Companies from $113.00 to $122.00 and gave the company an “overweight” rating in a report on Thursday, July 18th. Evercore ISI set a $113.00 price target on TJX Companies in a research report on Tuesday, May 21st. Sanford C. Bernstein boosted their price objective on TJX Companies from $115.00 to $120.00 and gave the stock an “outperform” rating in a research note on Thursday, May 23rd. Barclays raised their target price on TJX Companies from $109.00 to $114.00 and gave the company an “overweight” rating in a research note on Thursday, May 23rd. Finally, Deutsche Bank Aktiengesellschaft set a $114.00 price target on shares of TJX Companies in a research report on Tuesday, May 21st. Two analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the stock. Based on data from MarketBeat.com, TJX Companies has an average rating of “Moderate Buy” and a consensus target price of $112.67.

TJX Companies Stock Down 0.3 %

Shares of TJX stock traded down $0.35 during trading on Tuesday, hitting $111.04. 4,064,490 shares of the company were exchanged, compared to its average volume of 5,372,783. The business’s 50-day simple moving average is $110.85 and its 200 day simple moving average is $102.41. The TJX Companies, Inc. has a twelve month low of $85.44 and a twelve month high of $115.35. The firm has a market capitalization of $125.49 billion, a price-to-earnings ratio of 27.64, a P/E/G ratio of 2.95 and a beta of 0.88. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.61 and a current ratio of 1.23.

TJX Companies (NYSE:TJX) last announced its quarterly earnings data on Wednesday, May 22nd. The apparel and home fashions retailer reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.87 by $0.06. TJX Companies had a return on equity of 64.26% and a net margin of 8.47%. The business had revenue of $12.48 billion during the quarter, compared to analyst estimates of $12.48 billion. During the same period last year, the company earned $0.76 earnings per share. TJX Companies’s quarterly revenue was up 5.9% compared to the same quarter last year. As a group, analysts forecast that The TJX Companies, Inc. will post 4.11 EPS for the current fiscal year.

TJX Companies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 5th. Shareholders of record on Thursday, August 15th will be given a dividend of $0.375 per share. This represents a $1.50 annualized dividend and a yield of 1.35%. The ex-dividend date of this dividend is Thursday, August 15th. TJX Companies’s payout ratio is 37.22%.

About TJX Companies

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.