Shares of The TJX Cos. (NYSE:TJX) hit a new 52-week high during trading on Monday . The stock traded as high as $82.28 and last traded at $81.73, with a volume of 1,290,743 shares traded. The stock had previously closed at $81.98.

Several analysts have recently commented on the company. Deutsche Bank AG reaffirmed a “buy” rating on shares of The TJX Cos. in a research report on Thursday, April 14th. Citigroup Inc. reaffirmed a “buy” rating and issued a $88.00 target price on shares of The TJX Cos. in a research report on Tuesday, May 17th. Wells Fargo & Co. reaffirmed a “buy” rating on shares of The TJX Cos. in a research report on Monday, June 27th. BMO Capital Markets reaffirmed an “outperform” rating and issued a $85.00 target price on shares of The TJX Cos. in a research report on Thursday, June 30th. Finally, Royal Bank Of Canada raised their target price on The TJX Cos. from $82.00 to $84.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 18th. Three equities research analysts have rated the stock with a hold rating and twenty-one have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $83.76.

The company has a 50-day moving average of $78.51 and a 200 day moving average of $75.80. The firm has a market cap of $54.01 billion and a price-to-earnings ratio of 24.00.

The TJX Cos. (NYSE:TJX) last issued 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 Thomson Reuters’ consensus estimate of $0.71 by $0.05. The firm earned $7.54 billion during the quarter, compared to analyst estimates of $7.29 billion. During the same quarter last year, the business posted $0.69 earnings per share. The company’s revenue for the quarter was up 9.9% on a year-over-year basis. On average, analysts anticipate that The TJX Cos. will post $3.48 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 1st. Investors 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 annualized dividend and a yield of 1.27%.

In related news, CEO Ernie Herrman sold 44,000 shares of the firm’s stock in a transaction dated Friday, May 20th. The shares were sold at an average price of $75.64, for a total value of $3,328,160.00. Following the completion of the sale, the chief executive officer now directly owns 493,437 shares in the company, valued at approximately $37,323,574.68. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Richard Sherr sold 18,532 shares of the firm’s stock in a transaction dated 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 owns 137,500 shares of the company’s stock, valued at $10,375,750. The disclosure for this sale can be found here.

Other large investors have recently modified their holdings of the company. Azimuth Capital Management LLC increased its stake in shares of The TJX Cos. by 13.5% in the fourth quarter. Azimuth Capital Management LLC now owns 19,855 shares of the apparel and home fashions retailer’s stock valued at $1,408,000 after buying an additional 2,360 shares during the period. Genesee Valley Trust Co. boosted its position in The TJX Cos. by 4.1% in the fourth quarter. Genesee Valley Trust Co. now owns 21,128 shares of the apparel and home fashions retailer’s stock valued at $1,498,000 after buying an additional 824 shares in the last quarter. Victory Capital Management Inc. boosted its position in The TJX Cos. by 67.4% in the fourth quarter. Victory Capital Management Inc. now owns 23,242 shares of the apparel and home fashions retailer’s stock valued at $1,648,000 after buying an additional 9,354 shares in the last quarter. Sawtooth Asset Management Inc. boosted its position in The TJX Cos. by 840.4% in the fourth quarter. Sawtooth Asset Management Inc. now owns 26,454 shares of the apparel and home fashions retailer’s stock valued at $1,876,000 after buying an additional 23,641 shares in the last quarter. Finally, SVA Plumb Wealth Management LLC boosted its position in The TJX Cos. by 11.4% in the fourth quarter. SVA Plumb Wealth Management LLC now owns 31,804 shares of the apparel and home fashions retailer’s stock valued at $2,255,000 after buying an additional 3,266 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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