The TJX Cos. (NYSE:TJX) reached a new 52-week high during trading on Monday . The stock traded as high as $82.07 and last traded at $81.63, with a volume of 1,314,884 shares traded. The stock had previously closed at $81.72.

Several equities research analysts have recently commented on the stock. Goldman Sachs Group Inc. reissued a “buy” rating and set a $92.00 target price on shares of The TJX Cos. in a research report on Monday. Zacks Investment Research raised shares of The TJX Cos. from a “sell” rating to a “hold” rating in a research report on Wednesday, July 27th. Deutsche Bank AG reissued a “buy” rating on shares of The TJX Cos. in a research report on Wednesday, April 6th. BMO Capital Markets reissued an “outperform” rating and set a $85.00 target price on shares of The TJX Cos. in a research report on Thursday, June 30th. Finally, Miller Tabak started coverage on shares of The TJX Cos. in a research report on Friday, June 24th. They set a “buy” rating and a $91.00 target price for the company. Three equities research analysts have rated the stock with a hold rating and twenty-one have issued a buy rating to the company’s stock. The TJX Cos. presently has a consensus rating of “Buy” and an average price target of $83.76.

The company’s 50-day moving average is $78.06 and its 200-day moving average is $75.68. The firm has a market cap of $53.11 billion and a P/E ratio of 23.60.

The TJX Cos. (NYSE:TJX) last announced its earnings results on Tuesday, May 17th. The apparel and home fashions retailer reported $0.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.71 by $0.05. The business had revenue of $7.54 billion for the quarter, compared to the consensus estimate of $7.29 billion. During the same quarter last year, the firm posted $0.69 earnings per share. The business’s quarterly revenue was up 9.9% compared to the same quarter last year. On average, equities research analysts forecast that The TJX Cos. will post $3.48 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 1st. Investors of record on Thursday, August 11th will be given a dividend of $0.26 per share. The ex-dividend date is Tuesday, August 9th. This represents a $1.04 annualized dividend and a yield of 1.29%.

In related news, EVP Richard Sherr sold 18,532 shares of the business’s stock in a transaction that occurred on Monday, May 23rd. The shares were sold at an average price of $75.46, for a total transaction of $1,398,424.72. Following the completion of the sale, the executive vice president now directly owns 137,500 shares in the company, valued at $10,375,750. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Ernie Herrman sold 44,000 shares of the business’s stock in a transaction that occurred on Friday, May 20th. The shares were sold at an average price of $75.64, for a total transaction of $3,328,160.00. Following the sale, the chief executive officer now owns 493,437 shares of the company’s stock, valued at $37,323,574.68. The disclosure for this sale can be found here.

A number of hedge funds have made changes to their positions in the stock. Wells Fargo & Company MN raised its stake in shares of The TJX Cos. by 1.6% in the fourth quarter. Wells Fargo & Company MN now owns 9,381,526 shares of the apparel and home fashions retailer’s stock valued at $665,244,000 after buying an additional 149,521 shares during the period. Diamond Hill Capital Management Inc. increased its position in shares of The TJX Cos. by 5.6% in the fourth quarter. Diamond Hill Capital Management Inc. now owns 4,207,584 shares of the apparel and home fashions retailer’s stock valued at $298,360,000 after buying an additional 223,909 shares in the last quarter. Morgan Stanley increased its position in shares of The TJX Cos. by 10.2% in the fourth quarter. Morgan Stanley now owns 4,085,411 shares of the apparel and home fashions retailer’s stock valued at $289,697,000 after buying an additional 379,474 shares in the last quarter. Green Valley Investors LLC increased its position in shares of The TJX Cos. by 6.7% in the fourth quarter. Green Valley Investors LLC now owns 3,200,000 shares of the apparel and home fashions retailer’s stock valued at $226,912,000 after buying an additional 200,000 shares in the last quarter. Finally, Schroder Investment Management Group increased its position in shares of The TJX Cos. by 46.7% in the fourth quarter. Schroder Investment Management Group now owns 2,763,070 shares of the apparel and home fashions retailer’s stock valued at $195,930,000 after buying an additional 879,894 shares in the last quarter.

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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