Washington Trust Bank Boosts Bet on TJX

According to a recent Form 13F filing submitted to the SEC, Washington Trust Bank disclosed a noteworthy and bullish position in TJX stock. Here’s what you need to know about The TJX Companies, Inc., as well as Washington Trust Bank’s position in shares of TJX stock:

About The TJX Companies, Inc. (NYSE: TJX)

The TJX Companies, Inc., together with its subsidiaries, 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, furniture, rugs, lighting products, giftware, soft home products, decorative accessories, tabletop, and cookware, as well as expanded pet, kids, and gourmet food departments; jewelry and accessories; and other merchandise. As of February 23, 2022, it operated 1,284 T.J. Maxx, 1,148 Marshalls, 850 HomeGoods, 59 Sierra, and 39 Homesense stores, as well as tjmaxx.com, marshalls.com, and sierra.com in the United States; 293 Winners, 147 HomeSense, and 106 Marshalls stores in Canada; 618 T.K. Maxx and 77 Homesense stores, as well as tkmaxx.com in Europe; and 68 T.K. Maxx stores in Australia. The company was incorporated in 1962 and is headquartered in Framingham, Massachusetts. Learn more about The TJX Companies, Inc. on their website here

Washington Trust Bank Position in TJX

According to the most recent 13F filed by Washington Trust Bank, the firm added 170,718 shares of TJX stock to it holdings in the recent quarter. That brings their total long position in The TJX Companies, Inc. to 180,022 shares, representing approximately 0.0155% of the entire 1,161,049,921 TJX shares outstanding. Based on the most recent closing price of $75.12 per share of TJX, the entire Washington Trust Bank position in The TJX Companies, Inc. stock is worth roughly $13,523,252.64.

Summary

Be sure to check out more recent 13F filings here to stay up to date on the latest disclosures from institutional investment managers like Washington Trust Bank. Also be sure to check out more recent 13F filing analysis news here.