Ensign Peak Advisors Inc reduced its position in The TJX Companies, Inc. (NYSE:TJX – Free Report) by 3.4% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,966,712 shares of the apparel and home fashions retailer’s stock after selling 104,748 shares during the period. TJX Companies comprises approximately 0.6% of Ensign Peak Advisors Inc’s holdings, making the stock its 28th largest position. Ensign Peak Advisors Inc’s holdings in TJX Companies were worth $366,359,000 at the end of the most recent quarter.
Several other institutional investors have also added to or reduced their stakes in TJX. Nuveen LLC purchased a new stake in shares of TJX Companies during the first quarter valued at $1,330,717,000. Mirova US LLC boosted its holdings in shares of TJX Companies by 164.5% during the 2nd quarter. Mirova US LLC now owns 2,699,156 shares of the apparel and home fashions retailer’s stock valued at $333,319,000 after acquiring an additional 1,678,665 shares during the last quarter. Amundi boosted its holdings in shares of TJX Companies by 10.2% during the 1st quarter. Amundi now owns 11,888,455 shares of the apparel and home fashions retailer’s stock valued at $1,489,305,000 after acquiring an additional 1,104,292 shares during the last quarter. Vanguard Group Inc. grew its stake in shares of TJX Companies by 1.1% in the first quarter. Vanguard Group Inc. now owns 100,413,764 shares of the apparel and home fashions retailer’s stock worth $12,230,396,000 after acquiring an additional 1,099,129 shares during the period. Finally, Goldman Sachs Group Inc. raised its holdings in shares of TJX Companies by 17.7% during the first quarter. Goldman Sachs Group Inc. now owns 6,807,714 shares of the apparel and home fashions retailer’s stock valued at $829,180,000 after purchasing an additional 1,025,329 shares during the last quarter. 91.09% of the stock is currently owned by hedge funds and other institutional investors.
TJX Companies Price Performance
Shares of TJX Companies stock opened at $145.83 on Thursday. The firm has a market cap of $162.30 billion, a PE ratio of 33.22, a PEG ratio of 3.14 and a beta of 0.90. The stock has a 50 day moving average of $142.66 and a 200 day moving average of $133.84. 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 12 month low of $112.10 and a 12 month high of $151.00.
TJX Companies Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 4th. Stockholders of record on Thursday, November 13th will be given a dividend of $0.425 per share. This represents a $1.70 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Thursday, November 13th. TJX Companies’s dividend payout ratio is currently 38.72%.
Analyst Ratings Changes
TJX has been the subject of a number of research analyst reports. Barclays lifted their target price on shares of TJX Companies from $147.00 to $155.00 and gave the stock an “overweight” rating in a research report on Thursday, August 21st. Evercore ISI lifted their price objective on TJX Companies from $150.00 to $162.00 and gave the stock an “outperform” rating in a report on Thursday, August 21st. Macquarie reissued a “buy” rating on shares of TJX Companies in a report on Monday, August 11th. Erste Group Bank started coverage on shares of TJX Companies in a report on Friday, September 5th. They set a “buy” rating for the company. Finally, Telsey Advisory Group reaffirmed an “outperform” rating and issued a $155.00 target price on shares of TJX Companies in a report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $151.75.
Check Out Our Latest Research Report on TJX Companies
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.
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