Pioneer Trust Bank N A OR boosted its position in shares of TJX Companies Inc (NYSE:TJX) by 12.8% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 41,915 shares of the apparel and home fashions retailer’s stock after buying an additional 4,755 shares during the period. Pioneer Trust Bank N A OR’s holdings in TJX Companies were worth $2,337,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Round Table Services LLC purchased a new stake in TJX Companies during the third quarter valued at approximately $202,000. Bailard Inc. raised its position in TJX Companies by 0.8% during the third quarter. Bailard Inc. now owns 133,402 shares of the apparel and home fashions retailer’s stock valued at $7,436,000 after purchasing an additional 1,034 shares during the period. Sigma Investment Counselors Inc. raised its position in TJX Companies by 1.4% during the third quarter. Sigma Investment Counselors Inc. now owns 81,153 shares of the apparel and home fashions retailer’s stock valued at $4,523,000 after purchasing an additional 1,090 shares during the period. Robecosam AG raised its position in TJX Companies by 5.7% during the third quarter. Robecosam AG now owns 45,380 shares of the apparel and home fashions retailer’s stock valued at $2,488,000 after purchasing an additional 2,466 shares during the period. Finally, Tuttle Tactical Management purchased a new stake in TJX Companies during the third quarter valued at approximately $1,385,000. 89.34% of the stock is owned by institutional investors.

Shares of NYSE TJX opened at $60.36 on Friday. The company has a debt-to-equity ratio of 1.88, a quick ratio of 0.48 and a current ratio of 1.25. The business’s 50 day moving average price is $56.15 and its 200-day moving average price is $54.13. TJX Companies Inc has a fifty-two week low of $41.49 and a fifty-two week high of $60.89. The company has a market cap of $73.13 billion, a price-to-earnings ratio of 25.10, a PEG ratio of 2.18 and a beta of 0.68.

TJX Companies (NYSE:TJX) last issued its quarterly earnings results on Tuesday, August 20th. The apparel and home fashions retailer reported $0.62 earnings per share for the quarter, hitting the consensus estimate of $0.62. TJX Companies had a return on equity of 57.64% and a net margin of 7.66%. The firm had revenue of $9.78 billion for the quarter, compared to the consensus estimate of $9.89 billion. During the same period in the prior year, the business posted $1.17 earnings per share. The company’s revenue for the quarter was up 4.8% on a year-over-year basis. Sell-side analysts predict that TJX Companies Inc will post 2.61 earnings per share for the current year.

The firm also recently declared a — dividend, which will be paid on Thursday, December 5th. Stockholders of record on Thursday, November 14th will be issued a $0.23 dividend. The ex-dividend date is Wednesday, November 13th. This represents a dividend yield of 1.7%. TJX Companies’s payout ratio is 43.60%.

A number of equities research analysts have issued reports on the company. Argus restated a “buy” rating on shares of TJX Companies in a research report on Wednesday, July 3rd. UBS Group upgraded TJX Companies from a “sell” rating to a “neutral” rating and upped their price objective for the company from $41.00 to $58.00 in a research report on Tuesday, September 17th. Loop Capital upped their price objective on TJX Companies to $65.00 and gave the company a “buy” rating in a research report on Thursday. MKM Partners set a $62.00 price objective on TJX Companies and gave the company a “buy” rating in a research report on Wednesday, August 21st. Finally, DA Davidson set a $65.00 price objective on TJX Companies and gave the company a “buy” rating in a research report on Wednesday, August 21st. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and twelve have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $59.89.

TJX Companies Profile

The TJX Companies, Inc operates as an off-price apparel and home fashions retailer. 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, kids, and gourmet food departments; jewelry and accessories; footwear; and other merchandise.

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Institutional Ownership by Quarter for TJX Companies (NYSE:TJX)

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