Janus Henderson Group PLC Has $925.34 Million Stock Holdings in The TJX Companies, Inc. (NYSE:TJX)

Janus Henderson Group PLC lessened its holdings in The TJX Companies, Inc. (NYSE:TJX) by 6.1% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,872,755 shares of the apparel and home fashions retailer’s stock after selling 512,443 shares during the quarter. Janus Henderson Group PLC owned 0.70% of TJX Companies worth $925,339,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently modified their holdings of TJX. Mather Group LLC. lifted its position in shares of TJX Companies by 8.4% in the second quarter. Mather Group LLC. now owns 9,056 shares of the apparel and home fashions retailer’s stock valued at $918,000 after acquiring an additional 703 shares in the last quarter. Kingswood Wealth Advisors LLC raised its position in TJX Companies by 9.7% in the second quarter. Kingswood Wealth Advisors LLC now owns 8,756 shares of the apparel and home fashions retailer’s stock valued at $964,000 after purchasing an additional 772 shares during the period. Park Avenue Securities LLC boosted its stake in shares of TJX Companies by 6.1% during the second quarter. Park Avenue Securities LLC now owns 67,753 shares of the apparel and home fashions retailer’s stock worth $7,460,000 after buying an additional 3,915 shares during the period. CWM LLC increased its holdings in TJX Companies by 6.3% in the second quarter. CWM LLC now owns 97,057 shares of the apparel and home fashions retailer’s stock valued at $10,686,000 after buying an additional 5,753 shares in the last quarter. Finally, Cullinan Associates Inc. boosted its position in TJX Companies by 74.5% during the second quarter. Cullinan Associates Inc. now owns 85,969 shares of the apparel and home fashions retailer’s stock worth $9,465,000 after acquiring an additional 36,694 shares during the last quarter. 91.09% of the stock is currently owned by institutional investors.

TJX Companies Price Performance

Shares of NYSE TJX opened at $126.18 on Tuesday. The firm has a market capitalization of $142.31 billion, a PE ratio of 29.69, a price-to-earnings-growth ratio of 3.09 and a beta of 0.90. 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 stock’s 50-day simple moving average is $117.29 and its 200-day simple moving average is $113.46. The TJX Companies, Inc. has a fifty-two week low of $87.44 and a fifty-two week high of $128.00.

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

TJX Companies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 5th. Shareholders of record on Thursday, November 14th will be given a dividend of $0.375 per share. This represents a $1.50 annualized dividend and a dividend yield of 1.19%. The ex-dividend date is Thursday, November 14th. TJX Companies’s payout ratio is 35.29%.

Insider Transactions at TJX Companies

In other news, CEO Ernie Herrman sold 15,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 10th. The shares were sold at an average price of $117.54, for a total transaction of $1,763,100.00. Following the completion of the sale, the chief executive officer now owns 536,148 shares of the company’s stock, valued at $63,018,835.92. This trade represents a 2.72 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Company insiders own 0.13% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on TJX shares. Robert W. Baird boosted their target price on shares of TJX Companies from $113.00 to $128.00 and gave the company an “outperform” rating in a research note on Thursday, August 22nd. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of TJX Companies from $130.00 to $131.00 and gave the stock a “buy” rating in a research note on Thursday, November 21st. Morgan Stanley lifted their price objective on shares of TJX Companies from $122.00 to $129.00 and gave the stock an “overweight” rating in a research report on Thursday, August 22nd. Wells Fargo & Company increased their target price on shares of TJX Companies from $100.00 to $115.00 and gave the stock an “equal weight” rating in a report on Thursday, August 22nd. Finally, Loop Capital lifted their price target on shares of TJX Companies from $125.00 to $140.00 and gave the company a “buy” rating in a research report on Thursday, August 22nd. Three research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $129.47.

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.