Ransom Advisory Ltd decreased its stake in The TJX Companies, Inc. (NYSE:TJX – Free Report) by 29.7% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 474 shares of the apparel and home fashions retailer’s stock after selling 200 shares during the period. Ransom Advisory Ltd’s holdings in TJX Companies were worth $59,000 at the end of the most recent quarter.
Several other hedge funds have also bought and sold shares of TJX. Brighton Jones LLC lifted its stake in TJX Companies by 113.7% in the 4th quarter. Brighton Jones LLC now owns 15,039 shares of the apparel and home fashions retailer’s stock valued at $1,817,000 after purchasing an additional 8,002 shares during the last quarter. Revolve Wealth Partners LLC lifted its stake in TJX Companies by 12.1% in the 4th quarter. Revolve Wealth Partners LLC now owns 2,172 shares of the apparel and home fashions retailer’s stock valued at $262,000 after purchasing an additional 235 shares during the last quarter. Bison Wealth LLC lifted its stake in TJX Companies by 32.9% in the 4th quarter. Bison Wealth LLC now owns 3,856 shares of the apparel and home fashions retailer’s stock valued at $466,000 after purchasing an additional 955 shares during the last quarter. Silvercrest Asset Management Group LLC lifted its stake in TJX Companies by 2.7% in the 4th quarter. Silvercrest Asset Management Group LLC now owns 66,378 shares of the apparel and home fashions retailer’s stock valued at $8,019,000 after purchasing an additional 1,732 shares during the last quarter. Finally, Strategic Wealth Partners Ltd. lifted its stake in TJX Companies by 14.8% in the 4th quarter. Strategic Wealth Partners Ltd. now owns 75,877 shares of the apparel and home fashions retailer’s stock valued at $9,549,000 after purchasing an additional 9,782 shares during the last quarter. 91.09% of the stock is currently owned by institutional investors and hedge funds.
TJX Companies Stock Down 0.9%
NYSE TJX opened at $139.55 on Monday. The company has a current ratio of 1.17, a quick ratio of 0.52 and a debt-to-equity ratio of 0.32. The TJX Companies, Inc. has a 1-year low of $111.22 and a 1-year high of $145.58. The company has a 50 day moving average of $131.39 and a 200-day moving average of $127.03. The company has a market cap of $155.31 billion, a price-to-earnings ratio of 31.79, a PEG ratio of 3.14 and a beta of 0.90.
Analysts Set New Price Targets
Several brokerages recently issued reports on TJX. Robert W. Baird raised their target price on shares of TJX Companies from $143.00 to $152.00 and gave the company an “outperform” rating in a research note on Thursday, August 21st. BMO Capital Markets restated an “outperform” rating on shares of TJX Companies in a research report on Wednesday, May 21st. Loop Capital set a $150.00 price objective on shares of TJX Companies and gave the stock a “buy” rating in a research report on Thursday, May 22nd. Macquarie restated a “buy” rating on shares of TJX Companies in a research report on Monday, August 11th. Finally, Daiwa America upgraded shares of TJX Companies to a “strong-buy” rating in a research report on Tuesday, July 8th. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, TJX Companies has a consensus rating of “Buy” and a consensus target price of $147.58.
View Our Latest Research Report on TJX
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.
Further Reading
- Five stocks we like better than TJX Companies
- How to Use the MarketBeat Excel Dividend Calculator
- Best Bang For Your Buck? 2 Bargain Stocks with 30%+ Upside
- 2 Fintech Stocks to Buy Now and 1 to Avoid
- Football Season Is Here and DraftKings Stock Is Surging
- Low PE Growth Stocks: Unlocking Investment Opportunities
- RH Stock Slides After Mixed Earnings and Tariff Concerns
Receive News & Ratings for TJX Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TJX Companies and related companies with MarketBeat.com's FREE daily email newsletter.