Imprint Wealth LLC Has $12.63 Million Stock Holdings in The TJX Companies, Inc. (NYSE:TJX)

Imprint Wealth LLC lifted its stake in The TJX Companies, Inc. (NYSE:TJX) by 1,158.6% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 126,299 shares of the apparel and home fashions retailer’s stock after purchasing an additional 116,264 shares during the quarter. Imprint Wealth LLC’s holdings in TJX Companies were worth $12,630,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of TJX. Merit Financial Group LLC boosted its stake in TJX Companies by 5.1% in the 2nd quarter. Merit Financial Group LLC now owns 33,127 shares of the apparel and home fashions retailer’s stock worth $2,809,000 after purchasing an additional 1,603 shares during the period. J.W. Cole Advisors Inc. raised its position in TJX Companies by 2.6% during the first quarter. J.W. Cole Advisors Inc. now owns 6,809 shares of the apparel and home fashions retailer’s stock valued at $534,000 after buying an additional 172 shares during the period. Advisors Asset Management Inc. lifted its stake in TJX Companies by 15.1% in the 1st quarter. Advisors Asset Management Inc. now owns 123,265 shares of the apparel and home fashions retailer’s stock worth $9,659,000 after acquiring an additional 16,162 shares in the last quarter. Integrated Advisors Network LLC boosted its position in TJX Companies by 3.7% during the 1st quarter. Integrated Advisors Network LLC now owns 5,656 shares of the apparel and home fashions retailer’s stock worth $443,000 after acquiring an additional 204 shares during the period. Finally, Martingale Asset Management L P purchased a new position in TJX Companies during the 1st quarter valued at about $223,000. Hedge funds and other institutional investors own 89.28% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently commented on TJX shares. Jefferies Financial Group raised their price target on shares of TJX Companies from $105.00 to $110.00 and gave the stock a “buy” rating in a report on Thursday, August 17th. Evercore ISI started coverage on shares of TJX Companies in a report on Tuesday, November 7th. They set an “outperform” rating and a $105.00 price target on the stock. Loop Capital increased their price objective on TJX Companies from $100.00 to $105.00 and gave the stock a “buy” rating in a report on Wednesday, September 6th. JPMorgan Chase & Co. boosted their target price on TJX Companies from $104.00 to $105.00 and gave the company an “overweight” rating in a research note on Thursday, August 17th. Finally, Citigroup upped their target price on TJX Companies from $90.00 to $103.00 and gave the stock a “buy” rating in a research report on Thursday, August 17th. Two analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $98.11.

Insider Activity at TJX Companies

In other TJX Companies news, Chairman Carol Meyrowitz sold 64,817 shares of TJX Companies stock in a transaction on Tuesday, August 29th. The shares were sold at an average price of $91.13, for a total transaction of $5,906,773.21. Following the sale, the chairman now owns 135,050 shares in the company, valued at $12,307,106.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other news, Chairman Carol Meyrowitz sold 64,817 shares of the stock in a transaction that occurred on Tuesday, August 29th. The stock was sold at an average price of $91.13, for a total value of $5,906,773.21. Following the completion of the transaction, the chairman now directly owns 135,050 shares of the company’s stock, valued at approximately $12,307,106.50. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Kenneth Canestrari sold 4,197 shares of the firm’s stock in a transaction that occurred on Wednesday, August 23rd. The stock was sold at an average price of $90.00, for a total value of $377,730.00. Following the transaction, the executive vice president now owns 115,223 shares of the company’s stock, valued at approximately $10,370,070. The disclosure for this sale can be found here. 0.13% of the stock is owned by corporate insiders.

TJX Companies Stock Performance

NYSE:TJX traded up $0.18 during mid-day trading on Monday, hitting $89.02. 3,329,788 shares of the company’s stock traded hands, compared to its average volume of 5,024,748. The firm has a market capitalization of $101.85 billion, a price-to-earnings ratio of 25.14, a price-to-earnings-growth ratio of 2.11 and a beta of 0.91. The firm has a 50 day moving average of $89.67 and a two-hundred day moving average of $85.79. The company has a current ratio of 1.19, a quick ratio of 0.56 and a debt-to-equity ratio of 0.42. The TJX Companies, Inc. has a 12 month low of $72.92 and a 12 month high of $93.78.

TJX Companies (NYSE:TJX) last posted its quarterly earnings data on Wednesday, November 15th. The apparel and home fashions retailer reported $1.03 earnings per share for the quarter, beating the consensus estimate of $0.99 by $0.04. TJX Companies had a return on equity of 62.67% and a net margin of 7.85%. The company had revenue of $13.27 billion during the quarter, compared to analysts’ expectations of $13.09 billion. During the same period in the prior year, the business earned $0.86 earnings per share. TJX Companies’s revenue for the quarter was up 9.0% compared to the same quarter last year. On average, equities analysts forecast that The TJX Companies, Inc. will post 3.74 earnings per share for the current fiscal year.

TJX Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, November 30th. Stockholders of record on Thursday, November 9th will be given a dividend of $0.3325 per share. This represents a $1.33 dividend on an annualized basis and a dividend yield of 1.49%. The ex-dividend date of this dividend is Wednesday, November 8th. TJX Companies’s dividend payout ratio is currently 37.68%.

TJX Companies 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.