Aspiriant LLC Sells 461 Shares of The TJX Companies, Inc. (NYSE:TJX)

Aspiriant LLC decreased its position in The TJX Companies, Inc. (NYSE:TJX) by 1.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,374 shares of the apparel and home fashions retailer’s stock after selling 461 shares during the quarter. Aspiriant LLC’s holdings in TJX Companies were worth $2,982,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Trust Point Inc. raised its stake in shares of TJX Companies by 2.2% during the 3rd quarter. Trust Point Inc. now owns 8,312 shares of the apparel and home fashions retailer’s stock worth $977,000 after purchasing an additional 175 shares during the period. Aaron Wealth Advisors LLC grew its position in shares of TJX Companies by 11.8% during the 3rd quarter. Aaron Wealth Advisors LLC now owns 12,191 shares of the apparel and home fashions retailer’s stock valued at $1,433,000 after acquiring an additional 1,287 shares during the period. Stonegate Investment Group LLC increased its stake in shares of TJX Companies by 2.6% during the 3rd quarter. Stonegate Investment Group LLC now owns 458,395 shares of the apparel and home fashions retailer’s stock worth $53,880,000 after purchasing an additional 11,497 shares during the last quarter. CHB Investment Group LLC bought a new position in TJX Companies during the third quarter valued at $2,841,000. Finally, Howard Capital Management Group LLC raised its stake in shares of TJX Companies by 42.9% in the third 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 buying an additional 69,489 shares during the period. 91.09% of the stock is owned by institutional investors.

TJX Companies Trading Up 0.3 %

Shares of TJX traded up $0.35 during trading hours on Friday, hitting $117.83. The company had a trading volume of 675,608 shares, compared to its average volume of 5,280,641. The TJX Companies, Inc. has a 52-week low of $86.92 and a 52-week high of $121.13. The company has a quick ratio of 0.60, a current ratio of 1.21 and a debt-to-equity ratio of 0.37. The stock’s 50 day moving average price is $116.26 and its 200 day moving average price is $108.48. The firm has a market cap of $132.90 billion, a P/E ratio of 28.38, a P/E/G ratio of 2.91 and a beta of 0.89.

TJX Companies (NYSE:TJX) last released its quarterly earnings data on Wednesday, August 21st. The apparel and home fashions retailer reported $0.96 earnings per share for the quarter, beating analysts’ consensus estimates of $0.92 by $0.04. The firm had revenue of $13.47 billion during the quarter, compared to analyst estimates of $13.31 billion. TJX Companies had a return on equity of 63.19% and a net margin of 8.56%. The business’s quarterly revenue was up 5.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.85 earnings per share. On average, research analysts predict that The TJX Companies, Inc. will post 4.15 EPS for the current year.

TJX Companies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 5th. Stockholders of record on Thursday, November 14th will be paid a dividend of $0.375 per share. The ex-dividend date is Thursday, November 14th. This represents a $1.50 annualized dividend and a dividend yield of 1.27%. TJX Companies’s dividend payout ratio (DPR) is presently 36.23%.

Wall Street Analyst Weigh In

TJX has been the subject of several research reports. Jefferies Financial Group increased their price target on TJX Companies from $130.00 to $140.00 and gave the stock a “buy” rating in a research note on Thursday, August 22nd. BMO Capital Markets increased their target price on shares of TJX Companies from $116.00 to $133.00 and gave the stock an “outperform” rating in a research report on Thursday, August 22nd. Robert W. Baird boosted their price target on shares of TJX Companies from $113.00 to $128.00 and gave the company an “outperform” rating in a research report on Thursday, August 22nd. Citigroup downgraded shares of TJX Companies from a “buy” rating to a “neutral” rating and raised their price objective for the stock from $110.00 to $128.00 in a report on Thursday, August 22nd. Finally, UBS Group boosted their target price on shares of TJX Companies from $134.00 to $148.00 and gave the company a “buy” rating in a report on Thursday, August 22nd. Three research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. According to MarketBeat.com, TJX Companies presently has a consensus rating of “Moderate Buy” and an average price target of $126.76.

Insider Activity at TJX Companies

In other TJX Companies news, CEO Ernie Herrman sold 15,000 shares of the company’s stock in a transaction on Tuesday, September 10th. The shares were sold at an average price of $117.54, for a total value of $1,763,100.00. Following the completion of the transaction, the chief executive officer now directly owns 536,148 shares in the company, valued at approximately $63,018,835.92. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.13% of the stock is currently owned by company 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.