The TJX Companies, Inc. (NYSE:TJX) Shares Bought by Carnegie Investment Counsel

Carnegie Investment Counsel raised its holdings in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 2.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 208,545 shares of the apparel and home fashions retailer's stock after buying an additional 5,193 shares during the period. Carnegie Investment Counsel's holdings in TJX Companies were worth $25,194,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of TJX. Hartford Funds Management Co LLC grew its position in shares of TJX Companies by 0.5% in the 3rd quarter. Hartford Funds Management Co LLC now owns 17,926 shares of the apparel and home fashions retailer's stock valued at $2,107,000 after buying an additional 86 shares during the last quarter. Stablepoint Partners LLC grew its holdings in shares of TJX Companies by 0.3% during the third quarter. Stablepoint Partners LLC now owns 26,922 shares of the apparel and home fashions retailer's stock worth $3,164,000 after purchasing an additional 89 shares during the last quarter. Concorde Asset Management LLC grew its holdings in shares of TJX Companies by 2.8% during the second quarter. Concorde Asset Management LLC now owns 3,330 shares of the apparel and home fashions retailer's stock worth $367,000 after purchasing an additional 90 shares during the last quarter. Signature Estate & Investment Advisors LLC increased its position in shares of TJX Companies by 3.4% during the third quarter. Signature Estate & Investment Advisors LLC now owns 2,706 shares of the apparel and home fashions retailer's stock worth $318,000 after purchasing an additional 90 shares in the last quarter. Finally, Hamilton Capital LLC lifted its holdings in shares of TJX Companies by 3.9% in the 3rd quarter. Hamilton Capital LLC now owns 2,413 shares of the apparel and home fashions retailer's stock valued at $273,000 after purchasing an additional 90 shares during the last quarter. 91.09% of the stock is owned by hedge funds and other institutional investors.

TJX Companies Price Performance

TJX Companies stock traded up $0.51 during midday trading on Friday, reaching $121.89. The company's stock had a trading volume of 4,752,383 shares, compared to its average volume of 4,555,974. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.50 and a current ratio of 1.19. The TJX Companies, Inc. has a fifty-two week low of $92.35 and a fifty-two week high of $128.00. The firm has a market capitalization of $137.03 billion, a PE ratio of 28.68, a P/E/G ratio of 2.94 and a beta of 0.91. The stock's 50 day simple moving average is $122.48 and its 200 day simple moving average is $117.38.

TJX Companies (NYSE:TJX - Get Free Report) last announced its quarterly earnings data on Wednesday, November 20th. The apparel and home fashions retailer reported $1.14 EPS for the quarter, beating the consensus estimate of $1.09 by $0.05. TJX Companies had a net margin of 8.63% and a return on equity of 61.82%. The firm had revenue of $14.06 billion during the quarter, compared to analysts' expectations of $13.95 billion. During the same quarter last year, the business earned $1.03 earnings per share. The business's revenue for the quarter was up 6.0% compared to the same quarter last year. On average, equities research analysts forecast that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 6th. Investors of record on Thursday, February 13th will be issued a dividend of $0.375 per share. The ex-dividend date of this dividend is Thursday, February 13th. This represents a $1.50 annualized dividend and a yield of 1.23%. TJX Companies's dividend payout ratio is presently 35.29%.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the company. UBS Group raised their price target on TJX Companies from $148.00 to $151.00 and gave the stock a "buy" rating in a research note on Friday, January 10th. Deutsche Bank Aktiengesellschaft lifted their target price on shares of TJX Companies from $130.00 to $131.00 and gave the company a "buy" rating in a report on Thursday, November 21st. Guggenheim increased their price target on shares of TJX Companies from $135.00 to $140.00 and gave the stock a "buy" rating in a research note on Thursday, December 5th. Telsey Advisory Group restated an "outperform" rating and issued a $134.00 price objective on shares of TJX Companies in a research note on Friday, December 6th. Finally, TD Cowen increased their target price on shares of TJX Companies from $130.00 to $132.00 and gave the stock a "buy" rating in a research note on Friday, November 22nd. Three analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $131.33.

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.