TJX Companies (NYSE:TJX) Given New $155.00 Price Target at Sanford C. Bernstein

TJX Companies (NYSE:TJX) had its target price boosted by investment analysts at Sanford C. Bernstein from $152.00 to $155.00 in a research note issued to investors on Thursday, MarketBeat reports. The firm currently has an “outperform” rating on the apparel and home fashions retailer’s stock. Sanford C. Bernstein’s price objective points to a potential upside of 6.29% from the stock’s previous close.

Several other brokerages also recently commented on TJX. Morgan Stanley raised their price objective on shares of TJX Companies from $140.00 to $150.00 and gave the company an “overweight” rating in a research report on Thursday, August 21st. Jefferies Financial Group reissued a “buy” rating and set a $170.00 price target on shares of TJX Companies in a report on Tuesday, November 11th. Wall Street Zen raised TJX Companies from a “hold” rating to a “buy” rating in a research note on Saturday, August 23rd. Macquarie reissued a “buy” rating on shares of TJX Companies in a research note on Monday, August 11th. Finally, BTIG Research assumed coverage on TJX Companies in a report on Tuesday, October 14th. They issued a “buy” rating and a $165.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $154.86.

TJX Companies Price Performance

NYSE TJX opened at $145.83 on Thursday. The company has a quick ratio of 0.52, a current ratio of 1.17 and a debt-to-equity ratio of 0.32. The firm has a market capitalization of $162.30 billion, a P/E ratio of 33.22, a PEG ratio of 3.14 and a beta of 0.90. The company has a 50-day moving average price of $142.66 and a 200-day moving average price of $133.84. TJX Companies has a 52 week low of $112.10 and a 52 week high of $151.00.

TJX Companies (NYSE:TJX) last released its earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 earnings per share for the quarter, beating the consensus estimate of $1.22 by $0.06. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.The company had revenue of $15.12 billion for the quarter, compared to the consensus estimate of $14.80 billion. During the same period in the previous year, the business earned $1.14 earnings per share. TJX Companies’s quarterly revenue was up 7.5% compared to the same quarter last year. TJX Companies has set its Q4 2026 guidance at 1.330-1.360 EPS. FY 2026 guidance at 4.630-4.660 EPS. Equities research analysts anticipate 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 added to or reduced their stakes in TJX. Dogwood Wealth Management LLC grew its stake in shares of TJX Companies by 102.2% during the third quarter. Dogwood Wealth Management LLC now owns 182 shares of the apparel and home fashions retailer’s stock valued at $26,000 after buying an additional 92 shares during the last quarter. Imprint Wealth LLC bought a new stake in shares of TJX Companies during the 3rd quarter worth approximately $27,000. GGM Financials LLC purchased a new position in TJX Companies during the 3rd quarter valued at $27,000. Lavaca Capital LLC bought a new position in TJX Companies in the 2nd quarter valued at $25,000. Finally, Measured Wealth Private Client Group LLC bought a new position in TJX Companies in the 3rd quarter valued at $30,000. 91.09% of the stock is owned by hedge funds and other institutional investors.

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.