Sanford C. Bernstein Forecasts Strong Price Appreciation for TJX Companies (NYSE:TJX) Stock

TJX Companies (NYSE:TJX) had its price objective boosted by analysts at Sanford C. Bernstein from $145.00 to $152.00 in a research note issued on Thursday,Benzinga reports. The brokerage presently has an “outperform” rating on the apparel and home fashions retailer’s stock. Sanford C. Bernstein’s price target would indicate a potential upside of 11.45% from the stock’s current price.

A number of other research analysts also recently weighed in on TJX. Macquarie restated a “buy” rating on shares of TJX Companies in a report on Monday, August 11th. TD Securities raised their price target on shares of TJX Companies from $140.00 to $142.00 and gave the company a “buy” rating in a report on Tuesday, May 20th. Wells Fargo & Company restated an “equal weight” rating on shares of TJX Companies in a report on Wednesday, May 21st. JPMorgan Chase & Co. raised their price target on shares of TJX Companies from $130.00 to $145.00 and gave the company an “overweight” rating in a report on Monday, June 2nd. Finally, Bank of America raised their price target on shares of TJX Companies from $145.00 to $150.00 and gave the company a “buy” rating in a report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $147.58.

TJX Companies Stock Performance

Shares of NYSE TJX opened at $136.3790 on Thursday. The business’s 50-day moving average price is $127.00 and its two-hundred day moving average price is $125.48. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.17 and a quick ratio of 0.51. TJX Companies has a one year low of $111.22 and a one year high of $145.58. The company has a market capitalization of $152.35 billion, a P/E ratio of 31.07, a price-to-earnings-growth ratio of 3.15 and a beta of 0.89.

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 the consensus estimate of $14.12 billion. During the same quarter in the previous year, the company posted $0.96 earnings per share. The business’s quarterly revenue was up 6.9% compared to the same quarter last year. TJX Companies has set its FY 2026 guidance at 4.520-4.570 EPS. Q3 2026 guidance at 1.170-1.190 EPS. Analysts anticipate that TJX Companies will post 4.18 earnings per share for the current fiscal year.

Insider Activity at TJX Companies

In other news, Director Amy B. Lane sold 950 shares of TJX Companies stock in a transaction dated Tuesday, June 3rd. The stock was sold at an average price of $128.09, for a total value of $121,685.50. Following the transaction, the director directly owned 22,712 shares in the company, valued at approximately $2,909,180.08. The trade was a 4.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.13% of the company’s stock.

Hedge Funds Weigh In On TJX Companies

A number of institutional investors have recently made changes to their positions in the business. Ignite Planners LLC increased its stake in shares of TJX Companies by 3.8% in the second quarter. Ignite Planners LLC now owns 2,130 shares of the apparel and home fashions retailer’s stock worth $260,000 after purchasing an additional 77 shares during the period. Banco de Sabadell S.A boosted its holdings in TJX Companies by 0.4% in the 2nd quarter. Banco de Sabadell S.A now owns 20,951 shares of the apparel and home fashions retailer’s stock valued at $2,587,000 after purchasing an additional 77 shares during the period. Revolve Wealth Partners LLC boosted its holdings in TJX Companies by 3.3% in the 2nd quarter. Revolve Wealth Partners LLC now owns 2,453 shares of the apparel and home fashions retailer’s stock valued at $303,000 after purchasing an additional 79 shares during the period. Roble Belko & Company Inc boosted its holdings in TJX Companies by 0.3% in the 2nd quarter. Roble Belko & Company Inc now owns 31,478 shares of the apparel and home fashions retailer’s stock valued at $3,887,000 after purchasing an additional 82 shares during the period. Finally, Clear Creek Financial Management LLC boosted its holdings in TJX Companies by 1.8% in the 1st quarter. Clear Creek Financial Management LLC now owns 4,811 shares of the apparel and home fashions retailer’s stock valued at $586,000 after purchasing an additional 83 shares during the period. 91.09% of the stock is currently owned by 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.