Disciplined Growth Investors Inc. MN lowered its stake in TJX Companies Inc (NYSE:TJX) by 1.6% during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 2,356,134 shares of the apparel and home fashions retailer’s stock after selling 37,893 shares during the quarter. TJX Companies makes up about 4.1% of Disciplined Growth Investors Inc. MN’s holdings, making the stock its 4th biggest position. Disciplined Growth Investors Inc. MN’s holdings in TJX Companies were worth $224,257,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently bought and sold shares of TJX. Summit Trail Advisors LLC lifted its stake in TJX Companies by 7,162.0% in the 1st quarter. Summit Trail Advisors LLC now owns 3,321,292 shares of the apparel and home fashions retailer’s stock valued at $3,321,000 after buying an additional 3,275,557 shares in the last quarter. Vontobel Asset Management Inc. purchased a new stake in TJX Companies in the 2nd quarter valued at approximately $261,270,000. Millennium Management LLC lifted its stake in TJX Companies by 171.2% in the 1st quarter. Millennium Management LLC now owns 2,655,393 shares of the apparel and home fashions retailer’s stock valued at $216,574,000 after buying an additional 1,676,204 shares in the last quarter. Bank of Montreal Can purchased a new stake in TJX Companies in the 2nd quarter valued at approximately $146,241,000. Finally, Charles Schwab Investment Advisory Inc. purchased a new stake in TJX Companies in the 2nd quarter valued at approximately $121,730,000. 90.08% of the stock is currently owned by hedge funds and other institutional investors.

Several research analysts have weighed in on the company. Loop Capital set a $84.00 price target on TJX Companies and gave the company a “hold” rating in a report on Tuesday, May 22nd. Telsey Advisory Group boosted their price target on TJX Companies from $84.00 to $92.00 and gave the company a “market perform” rating in a report on Wednesday, May 23rd. MKM Partners set a $99.00 price target on TJX Companies and gave the company a “buy” rating in a report on Wednesday, May 23rd. Credit Suisse Group boosted their price target on TJX Companies from $85.00 to $90.00 and gave the company a “neutral” rating in a report on Wednesday, May 23rd. Finally, Buckingham Research boosted their price target on TJX Companies from $95.00 to $100.00 and gave the company a “buy” rating in a report on Wednesday, May 23rd. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and eighteen have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $104.92.

TJX stock opened at $108.77 on Friday. The firm has a market cap of $68.46 billion, a PE ratio of 26.92, a PEG ratio of 2.12 and a beta of 0.73. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.64 and a quick ratio of 0.77. TJX Companies Inc has a 52 week low of $66.44 and a 52 week high of $111.91.

TJX Companies (NYSE:TJX) last released its quarterly earnings data on Tuesday, August 21st. The apparel and home fashions retailer reported $1.17 EPS for the quarter, topping analysts’ consensus estimates of $1.05 by $0.12. The business had revenue of $9.33 billion during the quarter, compared to the consensus estimate of $8.99 billion. TJX Companies had a return on equity of 58.66% and a net margin of 7.88%. The business’s revenue for the quarter was up 11.6% on a year-over-year basis. During the same period in the prior year, the firm posted $0.85 EPS. analysts forecast that TJX Companies Inc will post 4.91 earnings per share for the current fiscal year.

About TJX Companies

The TJX Companies, Inc operates as an off-price apparel and home fashions retailer. 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, accent furniture, lamps, rugs, wall d├ęcor, decorative accessories, giftware, lighting, soft home, tabletop, and cookware, as well as expanded pet, kids, and gourmet food departments; jewelry; and other merchandise.

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Institutional Ownership by Quarter for TJX Companies (NYSE:TJX)

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