TJX Companies’ (TJX) Outperform Rating Reaffirmed at Telsey Advisory Group

TJX Companies (NYSE:TJX)‘s stock had its “outperform” rating reissued by analysts at Telsey Advisory Group in a research report issued on Wednesday,Benzinga reports. They presently have a $155.00 price target on the apparel and home fashions retailer’s stock. Telsey Advisory Group’s target price would suggest a potential upside of 6.14% from the company’s previous close.

A number of other analysts have also weighed in on the stock. Sanford C. Bernstein increased their price objective on shares of TJX Companies from $145.00 to $152.00 and gave the stock an “outperform” rating in a research note on Thursday, August 21st. UBS Group reaffirmed a “buy” rating and set a $172.00 price target on shares of TJX Companies in a research report on Tuesday, November 4th. Jefferies Financial Group reiterated a “buy” rating and set a $170.00 price objective on shares of TJX Companies in a research note on Tuesday. Bank of America raised their target price on TJX Companies from $145.00 to $150.00 and gave the company a “buy” rating in a research report on Thursday, August 21st. Finally, Wall Street Zen raised shares of TJX Companies from a “hold” rating to a “buy” rating in a research note on Saturday, August 23rd. One analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $151.75.

TJX Companies Stock Down 0.5%

Shares of TJX stock opened at $146.04 on Wednesday. TJX Companies has a fifty-two week low of $112.10 and a fifty-two week high of $147.59. The firm has a market capitalization of $162.53 billion, a PE ratio of 33.27, a P/E/G ratio of 3.14 and a beta of 0.90. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.52 and a current ratio of 1.17. The stock’s 50-day simple moving average is $141.93 and its 200-day simple moving average is $133.12.

TJX Companies (NYSE:TJX) last issued its earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 EPS for the quarter, beating analysts’ consensus estimates of $1.01 by $0.09. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.The firm had revenue of $14.40 billion for the quarter, compared to analyst estimates of $14.12 billion. During the same quarter in the prior year, the firm earned $0.96 earnings per share. TJX Companies’s revenue for the quarter was up 6.9% on a year-over-year basis. TJX Companies has set its FY 2026 guidance at 4.520-4.570 EPS. Q3 2026 guidance at 1.170-1.190 EPS. Equities analysts expect that TJX Companies will post 4.18 earnings per share for the current year.

Institutional Trading of TJX Companies

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Lavaca Capital LLC purchased a new stake in shares of TJX Companies in the second quarter valued at about $25,000. TCTC Holdings LLC grew its holdings in shares of TJX Companies by 210.1% in the 1st quarter. TCTC Holdings LLC now owns 214 shares of the apparel and home fashions retailer’s stock worth $26,000 after acquiring an additional 145 shares during the period. Dogwood Wealth Management LLC grew its stake in TJX Companies by 102.2% in the 3rd quarter. Dogwood Wealth Management LLC now owns 182 shares of the apparel and home fashions retailer’s stock valued at $26,000 after acquiring an additional 92 shares during the last quarter. GGM Financials LLC purchased a new position in TJX Companies during the third quarter worth $27,000. Finally, Princeton Global Asset Management LLC acquired a new position in TJX Companies in the 2nd quarter valued at about $28,000. Institutional investors and hedge funds own 91.09% of the company’s stock.

About TJX Companies

The TJX Companies, Inc, together with its subsidiaries, operates as an off-price apparel and home fashions retailer in the United States, Canada, Europe, and Australia. 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, and gourmet food departments; jewelry and accessories; and other merchandise.