The TJX Companies, Inc. (NYSE:TJX) Shares Acquired by Guardian Wealth Advisors LLC NC

Guardian Wealth Advisors LLC NC raised its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 7.5% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,676 shares of the apparel and home fashions retailer’s stock after buying an additional 186 shares during the quarter. Guardian Wealth Advisors LLC NC’s holdings in TJX Companies were worth $323,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Vanguard Group Inc. lifted its position in shares of TJX Companies by 0.6% in the 4th quarter. Vanguard Group Inc. now owns 99,314,635 shares of the apparel and home fashions retailer’s stock worth $11,998,201,000 after buying an additional 578,948 shares during the last quarter. Geode Capital Management LLC lifted its holdings in TJX Companies by 1.9% in the fourth quarter. Geode Capital Management LLC now owns 24,322,579 shares of the apparel and home fashions retailer’s stock worth $2,930,965,000 after acquiring an additional 464,995 shares during the last quarter. Capital International Investors boosted its stake in TJX Companies by 4.5% in the fourth quarter. Capital International Investors now owns 14,647,792 shares of the apparel and home fashions retailer’s stock valued at $1,769,600,000 after acquiring an additional 626,739 shares during the period. Northern Trust Corp grew its holdings in shares of TJX Companies by 15.2% during the fourth quarter. Northern Trust Corp now owns 13,985,826 shares of the apparel and home fashions retailer’s stock valued at $1,689,628,000 after purchasing an additional 1,845,225 shares during the last quarter. Finally, Norges Bank acquired a new stake in shares of TJX Companies during the 4th quarter worth approximately $1,670,565,000. Institutional investors own 91.09% of the company’s stock.

TJX Companies Trading Up 0.1 %

TJX Companies stock opened at $128.16 on Friday. The business’s 50-day simple moving average is $123.03 and its 200-day simple moving average is $122.33. The TJX Companies, Inc. has a 52 week low of $97.53 and a 52 week high of $131.30. The firm has a market capitalization of $143.17 billion, a PE ratio of 30.16, a PEG ratio of 2.75 and a beta of 0.94. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.50 and a current ratio of 1.19.

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

TJX Companies Increases Dividend

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

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on TJX shares. Citigroup raised TJX Companies from a “neutral” rating to a “buy” rating and lifted their price target for the company from $128.00 to $140.00 in a report on Thursday, April 3rd. Wells Fargo & Company decreased their price target on TJX Companies from $125.00 to $115.00 and set an “equal weight” rating for the company in a research note on Wednesday, April 30th. StockNews.com cut shares of TJX Companies from a “buy” rating to a “hold” rating in a research note on Thursday, May 1st. Morgan Stanley reduced their price target on shares of TJX Companies from $136.00 to $133.00 and set an “overweight” rating for the company in a research note on Tuesday, May 6th. Finally, Telsey Advisory Group restated an “outperform” rating and issued a $145.00 target price on shares of TJX Companies in a research report on Thursday, February 27th. Two research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $136.94.

Insider Activity at TJX Companies

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

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.