The TJX Cos. (NYSE:TJX) reached a new 52-week high on Monday . The company traded as high as $79.47 and last traded at $78.96, with a volume of 2,254,639 shares. The stock had previously closed at $77.81.

A number of equities research analysts recently weighed in on TJX shares. Vetr raised The TJX Cos. from a “hold” rating to a “buy” rating and set a $81.58 target price on the stock in a research report on Monday, March 28th. Zacks Investment Research downgraded The TJX Cos. from a “hold” rating to a “sell” rating in a research report on Tuesday, April 5th. Deutsche Bank AG reissued a “buy” rating on shares of The TJX Cos. in a research report on Wednesday, April 6th. Citigroup Inc. reissued a “buy” rating and set a $88.00 target price on shares of The TJX Cos. in a research report on Tuesday, May 17th. Finally, Stifel Nicolaus reissued a “buy” rating and set a $85.00 target price on shares of The TJX Cos. in a research report on Tuesday, May 17th. Three equities research analysts have rated the stock with a hold rating and twenty-one have issued a buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $83.30.

The stock’s 50-day moving average is $76.73 and its 200 day moving average is $74.69. The stock has a market capitalization of $52.22 billion and a P/E ratio of 23.205.

The TJX Cos. (NYSE:TJX) last released its quarterly earnings results on Tuesday, May 17th. The apparel and home fashions retailer reported $0.76 EPS for the quarter, topping the Zacks’ consensus estimate of $0.71 by $0.05. During the same period in the prior year, the firm earned $0.69 EPS. The company earned $7.54 billion during the quarter, compared to analysts’ expectations of $7.29 billion. The TJX Cos.’s quarterly revenue was up 9.9% on a year-over-year basis. On average, equities research analysts expect that The TJX Cos. will post $3.48 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 1st. Stockholders of record on Thursday, August 11th will be paid a $0.26 dividend. The ex-dividend date of this dividend is Tuesday, August 9th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 1.31%.

In other news, EVP Richard Sherr sold 18,532 shares of the company’s stock in a transaction on Monday, May 23rd. The shares were sold at an average price of $75.46, for a total value of $1,398,424.72. Following the completion of the sale, the executive vice president now owns 137,500 shares of the company’s stock, valued at approximately $10,375,750. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Jose B. Alvarez sold 1,158 shares of the company’s stock in a transaction on Wednesday, June 15th. The shares were sold at an average price of $76.51, for a total transaction of $88,598.58. Following the completion of the sale, the director now directly owns 700 shares of the company’s stock, valued at approximately $53,557. The disclosure for this sale can be found here.

Several large investors have made changes to their positions in TJX. Arrow Financial Corp boosted its stake in shares of The TJX Cos. by 0.3% in the fourth quarter. Arrow Financial Corp now owns 23,298 shares of the apparel and home fashions retailer’s stock worth $1,652,000 after buying an additional 72 shares during the period. Investors Capital Advisory Services boosted its stake in shares of The TJX Cos. by 0.7% in the fourth quarter. Investors Capital Advisory Services now owns 20,633 shares of the apparel and home fashions retailer’s stock worth $1,462,000 after buying an additional 147 shares during the period. Ameritas Investment Partners Inc. boosted its stake in shares of The TJX Cos. by 0.4% in the fourth quarter. Ameritas Investment Partners Inc. now owns 67,895 shares of the apparel and home fashions retailer’s stock worth $4,813,000 after buying an additional 257 shares during the period. Harfst & Associates Inc. boosted its stake in shares of The TJX Cos. by 1.3% in the fourth quarter. Harfst & Associates Inc. now owns 27,861 shares of the apparel and home fashions retailer’s stock worth $1,975,000 after buying an additional 350 shares during the period. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its stake in shares of The TJX Cos. by 1.0% in the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 43,744 shares of the apparel and home fashions retailer’s stock worth $3,102,000 after buying an additional 416 shares during the period.

The TJX Companies, Inc (TJX) is an off-price apparel and home fashions retailer in the United States and across the world. The Company operates through four segments: Marmaxx, HomeGoods, TJX Canada and TJX International. T.J. Maxx and Marshalls chains in the United States are collectively the off-price retailer in the United States with a total of approximately 2,163 stores.

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