The TJX Companies, Inc. (NYSE:TJX) is Sawyer & Company Inc’s 7th Largest Position

Sawyer & Company Inc cut its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 2.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 67,069 shares of the apparel and home fashions retailer’s stock after selling 1,494 shares during the period. TJX Companies comprises approximately 3.0% of Sawyer & Company Inc’s holdings, making the stock its 7th largest position. Sawyer & Company Inc’s holdings in TJX Companies were worth $8,103,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Capital Performance Advisors LLP bought a new position in TJX Companies in the 3rd quarter worth $29,000. Truvestments Capital LLC purchased a new stake in TJX Companies in the third quarter worth about $29,000. Copeland Capital Management LLC bought a new position in shares of TJX Companies in the third quarter worth about $30,000. Legacy Investment Solutions LLC purchased a new position in shares of TJX Companies during the 3rd quarter valued at about $30,000. Finally, Northwest Investment Counselors LLC bought a new stake in TJX Companies during the 3rd quarter worth approximately $37,000. Institutional investors own 91.09% of the company’s stock.

Analysts Set New Price Targets

TJX has been the subject of a number of recent analyst reports. Robert W. Baird upped their price target on shares of TJX Companies from $133.00 to $138.00 and gave the stock an “outperform” rating in a research report on Thursday, December 5th. UBS Group increased 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. Telsey Advisory Group restated an “outperform” rating and issued a $134.00 price objective on shares of TJX Companies in a research report on Friday, December 6th. Jefferies Financial Group lifted their target price on TJX Companies from $140.00 to $145.00 and gave the company a “buy” rating in a research note on Thursday, December 5th. Finally, Evercore ISI upped their price target on TJX Companies from $138.00 to $142.00 and gave the stock an “outperform” rating in a research note on Thursday, November 21st. Three investment analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $131.33.

TJX Companies Stock Down 0.1 %

Shares of TJX opened at $119.10 on Thursday. The firm has a market capitalization of $133.89 billion, a P/E ratio of 28.02, a P/E/G ratio of 2.94 and a beta of 0.91. The TJX Companies, Inc. has a 12-month low of $92.35 and a 12-month high of $128.00. The firm has a fifty day moving average price of $122.32 and a 200-day moving average price of $117.34. The company has a current ratio of 1.19, a quick ratio of 0.50 and a debt-to-equity ratio of 0.35.

TJX Companies (NYSE:TJX) last issued its earnings results on Wednesday, November 20th. The apparel and home fashions retailer reported $1.14 EPS for the quarter, topping analysts’ consensus estimates of $1.09 by $0.05. TJX Companies had a net margin of 8.63% and a return on equity of 61.82%. The business had revenue of $14.06 billion for the quarter, compared to analyst estimates of $13.95 billion. During the same period last year, the company posted $1.03 earnings per share. The company’s quarterly revenue was up 6.0% compared to the same quarter last year. Equities research analysts expect that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 6th. Shareholders of record on Thursday, February 13th will be issued a dividend of $0.375 per share. This represents a $1.50 annualized dividend and a yield of 1.26%. The ex-dividend date of this dividend is Thursday, February 13th. TJX Companies’s payout ratio is 35.29%.

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.