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

Telsey Advisory Group reiterated their outperform rating on shares of TJX Companies (NYSE:TJX) in a report issued on Wednesday, Marketbeat.com reports. The firm currently has a $155.00 price objective on the apparel and home fashions retailer’s stock, up from their previous price objective of $150.00. Telsey Advisory Group also issued estimates for TJX Companies’ Q4 2026 earnings at $1.37 EPS, FY2026 earnings at $4.59 EPS, Q1 2027 earnings at $1.01 EPS, Q2 2027 earnings at $1.22 EPS, Q3 2027 earnings at $1.34 EPS, Q4 2027 earnings at $1.53 EPS and FY2027 earnings at $5.10 EPS.

TJX has been the subject of several other reports. Morgan Stanley set a $140.00 target price on shares of TJX Companies and gave the stock an “overweight” rating in a research report on Thursday, May 22nd. BMO Capital Markets reissued an “outperform” rating on shares of TJX Companies in a research report on Wednesday, May 21st. Barclays reissued an “overweight” rating and issued a $147.00 target price (up from $137.00) on shares of TJX Companies in a research report on Thursday, May 22nd. Daiwa America raised TJX Companies to a “strong-buy” rating in a research note on Tuesday, July 8th. Finally, Wells Fargo & Company reissued an “equal weight” rating on shares of TJX Companies in a research note on Wednesday, May 21st. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, TJX Companies currently has a consensus rating of “Buy” and an average price target of $147.58.

TJX Companies Stock Down 0.8%

Shares of NYSE:TJX opened at $136.3790 on Wednesday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.51 and a current ratio of 1.17. The company has a market cap of $152.35 billion, a PE ratio of 31.07, a price-to-earnings-growth ratio of 3.15 and a beta of 0.89. TJX Companies has a 52 week low of $111.22 and a 52 week high of $145.58. The firm has a 50 day simple moving average of $127.00 and a 200 day simple moving average of $125.48.

TJX Companies (NYSE:TJX) last released its earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share for the quarter, beating the consensus estimate of $1.01 by $0.09. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.The company had revenue of $14.40 billion for the quarter, compared to analysts’ expectations of $14.12 billion. During the same quarter in the previous year, the business posted $0.96 EPS. The business’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. As a group, research analysts expect that TJX Companies will post 4.18 earnings per share for the current year.

TJX Companies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 4th. Investors of record on Thursday, August 14th will be given a dividend of $0.425 per share. The ex-dividend date of this dividend is Thursday, August 14th. This represents a $1.70 dividend on an annualized basis and a yield of 1.2%. TJX Companies’s payout ratio is 40.00%.

Insider Activity at TJX Companies

In other TJX Companies news, Director Amy B. Lane sold 950 shares of the firm’s stock in a transaction that occurred on Tuesday, June 3rd. The stock was sold at an average price of $128.09, for a total value of $121,685.50. Following the completion of the sale, the director owned 22,712 shares in the company, valued at approximately $2,909,180.08. This trade represents a 4.01% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.13% of the company’s stock.

Institutional Trading of TJX Companies

A number of institutional investors and hedge funds have recently added to or reduced their stakes in TJX. Norges Bank bought a new position in shares of TJX Companies during the second quarter valued at $1,808,774,000. Nuveen LLC bought a new position in shares of TJX Companies during the first quarter valued at $1,330,717,000. Laurel Wealth Advisors LLC lifted its holdings in shares of TJX Companies by 12,417.0% during the second quarter. Laurel Wealth Advisors LLC now owns 4,057,273 shares of the apparel and home fashions retailer’s stock valued at $501,033,000 after acquiring an additional 4,024,859 shares during the period. GAMMA Investing LLC lifted its holdings in shares of TJX Companies by 14,486.1% during the first quarter. GAMMA Investing LLC now owns 2,912,116 shares of the apparel and home fashions retailer’s stock valued at $354,696,000 after acquiring an additional 2,892,151 shares during the period. Finally, Corient Private Wealth LLC grew its position in TJX Companies by 120.7% during the 2nd quarter. Corient Private Wealth LLC now owns 5,016,792 shares of the apparel and home fashions retailer’s stock worth $620,406,000 after acquiring an additional 2,743,676 shares during the last quarter. Institutional investors own 91.09% of the company’s stock.

TJX Companies Company Profile

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.