Ensign Peak Advisors Inc Has $376.20 Million Stake in The TJX Companies, Inc. (NYSE:TJX)

Ensign Peak Advisors Inc lessened its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 4.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,113,987 shares of the apparel and home fashions retailer’s stock after selling 153,588 shares during the period. TJX Companies makes up about 0.7% of Ensign Peak Advisors Inc’s portfolio, making the stock its 23rd largest holding. Ensign Peak Advisors Inc owned approximately 0.28% of TJX Companies worth $376,201,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Ethic Inc. increased its stake in shares of TJX Companies by 21.1% in the 4th quarter. Ethic Inc. now owns 167,169 shares of the apparel and home fashions retailer’s stock valued at $20,196,000 after purchasing an additional 29,158 shares during the last quarter. First Manhattan CO. LLC. lifted its holdings in shares of TJX Companies by 3.6% in the fourth quarter. First Manhattan CO. LLC. now owns 18,241 shares of the apparel and home fashions retailer’s stock worth $2,204,000 after acquiring an additional 629 shares during the last quarter. Fiduciary Trust Co boosted its stake in shares of TJX Companies by 5.2% in the 4th quarter. Fiduciary Trust Co now owns 2,891,186 shares of the apparel and home fashions retailer’s stock valued at $349,284,000 after purchasing an additional 144,113 shares in the last quarter. FORA Capital LLC increased its position in TJX Companies by 145.6% during the 4th quarter. FORA Capital LLC now owns 43,214 shares of the apparel and home fashions retailer’s stock worth $5,221,000 after purchasing an additional 25,618 shares in the last quarter. Finally, Clark Capital Management Group Inc. lifted its stake in TJX Companies by 30.6% in the 4th quarter. Clark Capital Management Group Inc. now owns 2,910 shares of the apparel and home fashions retailer’s stock valued at $352,000 after purchasing an additional 682 shares during the last quarter. Institutional investors and hedge funds own 91.09% of the company’s stock.

Insider Transactions at TJX Companies

In related news, Director Alan M. Bennett sold 8,000 shares of the company’s stock in a transaction that occurred on Thursday, February 27th. The stock was sold at an average price of $123.53, for a total transaction of $988,240.00. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Ernie Herrman sold 23,428 shares of the firm’s stock in a transaction that occurred on Wednesday, March 5th. The shares were sold at an average price of $123.03, for a total value of $2,882,346.84. Following the completion of the sale, the chief executive officer now directly owns 484,189 shares of the company’s stock, valued at $59,569,772.67. This trade represents a 4.62 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.13% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on TJX. Barclays upped their price target on shares of TJX Companies from $136.00 to $137.00 and gave the stock an “overweight” rating in a report on Thursday, February 27th. Citigroup upgraded TJX Companies from a “neutral” rating to a “buy” rating and increased their target price for the company from $128.00 to $140.00 in a research report on Thursday, April 3rd. Telsey Advisory Group reaffirmed an “outperform” rating and issued a $145.00 price objective on shares of TJX Companies in a research note on Thursday, February 27th. Morgan Stanley cut their target price on shares of TJX Companies from $136.00 to $133.00 and set an “overweight” rating on the stock in a research report on Tuesday. Finally, Robert W. Baird upped their price target on shares of TJX Companies from $138.00 to $140.00 and gave the company an “outperform” rating in a research report on Thursday, February 27th. Two analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $136.94.

TJX Companies Stock Down 0.4 %

Shares of NYSE:TJX opened at $128.16 on Friday. The TJX Companies, Inc. has a 1 year low of $97.53 and a 1 year high of $131.30. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.19 and a quick ratio of 0.50. The business’s 50-day moving average is $122.89 and its 200-day moving average is $122.19. The company has a market capitalization of $143.17 billion, a price-to-earnings ratio of 30.16, a P/E/G ratio of 2.75 and a beta of 0.94.

TJX Companies (NYSE:TJX) last issued its quarterly earnings results on Wednesday, February 26th. The apparel and home fashions retailer reported $1.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.16 by $0.07. The firm had revenue of $16.35 billion for the quarter, compared to analyst estimates of $16.24 billion. TJX Companies had a return on equity of 61.82% and a net margin of 8.63%. Equities research analysts predict that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 5th. Shareholders of record on Thursday, May 15th will be paid a $0.425 dividend. This is an increase from TJX Companies’s previous quarterly dividend of $0.38. This represents a $1.70 annualized dividend and a yield of 1.33%. The ex-dividend date of this dividend is Thursday, May 15th. TJX Companies’s payout ratio is 39.91%.

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.