Atria Wealth Solutions Inc. reduced its stake in shares of The TJX Companies, Inc. (NYSE:TJX – Free Report) by 68.4% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 19,030 shares of the apparel and home fashions retailer’s stock after selling 41,115 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in TJX Companies were worth $2,356,000 as of its most recent SEC filing.
Several other large investors also recently added to or reduced their stakes in the stock. Clear Creek Financial Management LLC raised its stake in TJX Companies by 1.8% in the 1st quarter. Clear Creek Financial Management LLC now owns 4,811 shares of the apparel and home fashions retailer’s stock worth $586,000 after acquiring an additional 83 shares during the last quarter. Knuff & Co LLC raised its stake in TJX Companies by 8.5% in the 1st quarter. Knuff & Co LLC now owns 1,056 shares of the apparel and home fashions retailer’s stock worth $129,000 after acquiring an additional 83 shares during the last quarter. 3Chopt Investment Partners LLC raised its stake in TJX Companies by 1.6% in the 2nd quarter. 3Chopt Investment Partners LLC now owns 5,239 shares of the apparel and home fashions retailer’s stock worth $647,000 after acquiring an additional 83 shares during the last quarter. McLean Asset Management Corp grew its position in TJX Companies by 3.2% during the 2nd quarter. McLean Asset Management Corp now owns 2,746 shares of the apparel and home fashions retailer’s stock worth $344,000 after purchasing an additional 84 shares during the period. Finally, NBC Securities Inc. grew its position in TJX Companies by 0.6% during the 2nd quarter. NBC Securities Inc. now owns 14,274 shares of the apparel and home fashions retailer’s stock worth $1,762,000 after purchasing an additional 86 shares during the period. 91.09% of the stock is owned by institutional investors.
TJX Companies Price Performance
NYSE:TJX opened at $145.00 on Thursday. The TJX Companies, Inc. has a 52 week low of $111.73 and a 52 week high of $146.46. The company has a quick ratio of 0.52, a current ratio of 1.17 and a debt-to-equity ratio of 0.32. The stock has a market capitalization of $161.38 billion, a PE ratio of 33.03, a price-to-earnings-growth ratio of 3.20 and a beta of 0.92. The stock’s 50-day moving average price is $138.88 and its 200-day moving average price is $130.60.
TJX Companies Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 4th. Investors of record on Thursday, November 13th will be issued a $0.425 dividend. This represents a $1.70 annualized dividend and a yield of 1.2%. The ex-dividend date is Thursday, November 13th. TJX Companies’s payout ratio is presently 38.72%.
Analyst Ratings Changes
TJX has been the topic of several analyst reports. Citigroup increased their price target on TJX Companies from $140.00 to $160.00 and gave the stock a “buy” rating in a research report on Thursday, August 21st. Macquarie reaffirmed a “buy” rating on shares of TJX Companies in a research report on Monday, August 11th. Daiwa Capital Markets initiated coverage on TJX Companies in a research report on Tuesday, July 8th. They set an “outperform” rating and a $133.00 price target on the stock. Daiwa America raised TJX Companies to a “strong-buy” rating in a research report on Tuesday, July 8th. Finally, JPMorgan Chase & Co. increased their price target on TJX Companies from $148.00 to $149.00 and gave the stock an “overweight” rating in a research report on Monday, October 6th. One analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $148.50.
View Our Latest Stock Report on TJX
About TJX Companies
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.
Recommended Stories
- Five stocks we like better than TJX Companies
- What is a Secondary Public Offering? What Investors Need to Know
- Palantir’s New Healthcare Deal Boosts AI and Data Reach
- Stock Dividend Cuts Happen Are You Ready?
- GM’s Billion-Dollar Bruise: GM’s Strategic Pivot Makes It a Buy
- How to Know Which Cryptocurrency to Buy: A Guide for Investors
- Novo Nordisk’s Akero Therapeutics Buy Targets Eli Lilly’s Lead
Want to see what other hedge funds are holding TJX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The TJX Companies, Inc. (NYSE:TJX – Free Report).
Receive News & Ratings for TJX Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TJX Companies and related companies with MarketBeat.com's FREE daily email newsletter.