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

TJX Companies (NYSE:TJX)‘s stock had its “outperform” rating reaffirmed by equities researchers at Telsey Advisory Group in a 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 6.13% from the company’s current price.

Several other brokerages have also weighed in on TJX. Evercore ISI increased their target price on TJX Companies from $150.00 to $162.00 and gave the stock an “outperform” rating in a research report on Thursday, August 21st. TD Cowen raised their price objective on shares of TJX Companies from $160.00 to $162.00 and gave the company a “buy” rating in a research report on Monday, November 10th. Sanford C. Bernstein increased their price target on TJX Companies from $145.00 to $152.00 and gave the company an “outperform” rating in a research report on Thursday, August 21st. Wall Street Zen upgraded TJX Companies from a “hold” rating to a “buy” rating in a report on Saturday, August 23rd. Finally, JPMorgan Chase & Co. upped their target price on TJX Companies from $148.00 to $149.00 and gave the company an “overweight” rating in a report on Monday, October 6th. One investment 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 MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $151.75.

TJX Companies Stock Up 0.3%

NYSE TJX traded up $0.47 during trading hours on Wednesday, hitting $146.05. 2,451,929 shares of the company were exchanged, compared to its average volume of 5,208,600. TJX Companies has a 52-week low of $112.10 and a 52-week high of $151.00. The company has a 50 day moving average of $142.54 and a two-hundred day moving average of $133.76. The firm has a market cap of $162.54 billion, a price-to-earnings ratio of 33.37, a PEG ratio of 3.14 and a beta of 0.90. The company has a quick ratio of 0.52, a current ratio of 1.17 and a debt-to-equity ratio of 0.32.

TJX Companies (NYSE:TJX) last posted 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. The business had revenue of $15.12 billion during the quarter, compared to the consensus estimate of $14.80 billion. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.The business’s quarterly revenue was up 7.5% on a year-over-year basis. During the same period in the previous year, the business earned $1.14 EPS. 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

Several hedge funds have recently modified their holdings of TJX. Norges Bank bought a new stake in shares of TJX Companies in the second quarter worth about $1,808,774,000. Nuveen LLC bought a new position in TJX Companies in the 1st quarter valued at about $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 worth $501,033,000 after buying an additional 4,024,859 shares in the last quarter. Alliancebernstein L.P. raised its holdings in TJX Companies by 91.6% in the 3rd quarter. Alliancebernstein L.P. now owns 6,712,226 shares of the apparel and home fashions retailer’s stock valued at $970,185,000 after acquiring an additional 3,208,458 shares in the last quarter. Finally, Corient Private Wealth LLC boosted its position in shares of 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 in the last quarter. 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.