The TJX Companies, Inc. (NYSE:TJX) Shares Purchased by Natixis Advisors LLC

Natixis Advisors LLC boosted its position in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) by 3.8% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,276,467 shares of the apparel and home fashions retailer's stock after buying an additional 47,060 shares during the quarter. Natixis Advisors LLC owned approximately 0.11% of TJX Companies worth $150,036,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Richard W. Paul & Associates LLC acquired a new stake in TJX Companies in the 2nd quarter valued at about $25,000. Capital Performance Advisors LLP acquired a new stake in shares of TJX Companies in the third quarter valued at approximately $29,000. Copeland Capital Management LLC acquired a new position in TJX Companies during the third quarter worth $30,000. New Millennium Group LLC purchased a new stake in TJX Companies in the 2nd quarter valued at $34,000. Finally, Anfield Capital Management LLC acquired a new stake in shares of TJX Companies in the 2nd quarter worth $37,000. 91.09% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at TJX Companies

In related news, CEO Ernie Herrman sold 15,000 shares of the firm's stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of $117.54, for a total value of $1,763,100.00. Following the completion of the sale, the chief executive officer now owns 536,148 shares in the company, valued at $63,018,835.92. This trade represents a 2.72 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.13% of the stock is currently owned by insiders.

TJX Companies Stock Up 0.1 %

Shares of NYSE:TJX traded up $0.06 on Friday, hitting $119.97. 5,103,496 shares of the company's stock were exchanged, compared to its average volume of 4,488,200. The TJX Companies, Inc. has a 1-year low of $87.26 and a 1-year high of $122.10. The company has a market capitalization of $135.31 billion, a PE ratio of 28.98, a P/E/G ratio of 3.03 and a beta of 0.89. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.60 and a current ratio of 1.21. The firm's 50-day moving average is $116.33 and its 200 day moving average is $111.44.

TJX Companies (NYSE:TJX - Get Free Report) last announced its quarterly earnings results on Wednesday, August 21st. The apparel and home fashions retailer reported $0.96 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.92 by $0.04. The firm had revenue of $13.47 billion during the quarter, compared to the consensus estimate of $13.31 billion. TJX Companies had a return on equity of 63.19% and a net margin of 8.56%. The firm's quarterly revenue was up 5.6% compared to the same quarter last year. During the same period in the prior year, the company posted $0.85 earnings per share. Sell-side analysts predict that The TJX Companies, Inc. will post 4.14 EPS for the current year.

TJX Companies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 5th. Stockholders of record on Thursday, November 14th will be issued a $0.375 dividend. The ex-dividend date is Thursday, November 14th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 1.25%. TJX Companies's payout ratio is 36.23%.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the stock. Jefferies Financial Group boosted their price target on shares of TJX Companies from $130.00 to $140.00 and gave the company a "buy" rating in a research report on Thursday, August 22nd. Bank of America increased their price target on shares of TJX Companies from $115.00 to $135.00 and gave the company a "buy" rating in a research note on Thursday, August 22nd. TD Cowen lifted their price target on shares of TJX Companies from $125.00 to $130.00 and gave the company a "buy" rating in a research report on Friday. Morgan Stanley increased their price objective on TJX Companies from $122.00 to $129.00 and gave the stock an "overweight" rating in a research report on Thursday, August 22nd. Finally, Citigroup cut TJX Companies from a "buy" rating to a "neutral" rating and raised their target price for the stock from $110.00 to $128.00 in a research note on Thursday, August 22nd. Three research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. According to data from MarketBeat, TJX Companies presently has a consensus rating of "Moderate Buy" and an average target price of $127.41.

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.