Brokerages Set The TJX Companies, Inc. (NYSE:TJX) PT at $147.58

The TJX Companies, Inc. (NYSE:TJX) has been assigned a consensus rating of “Buy” from the twenty-three ratings firms that are currently covering the firm, Marketbeat reports. One analyst has rated the stock with a hold recommendation, twenty-one have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $147.5789.

A number of equities research analysts recently issued reports on TJX shares. Evercore ISI boosted their price objective on TJX Companies from $150.00 to $162.00 and gave the company an “outperform” rating in a research note on Thursday, August 21st. UBS Group boosted their price target on shares of TJX Companies from $164.00 to $172.00 and gave the company a “buy” rating in a research report on Thursday, August 21st. Citigroup raised their price objective on shares of TJX Companies from $140.00 to $160.00 and gave the stock a “buy” rating in a report on Thursday, August 21st. Macquarie reiterated a “buy” rating on shares of TJX Companies in a research note on Monday, August 11th. Finally, Robert W. Baird increased their target price on TJX Companies from $143.00 to $152.00 and gave the stock an “outperform” rating in a research report on Thursday, August 21st.

TJX Companies Trading Down 0.0%

NYSE:TJX opened at $144.49 on Friday. TJX Companies has a 12 month low of $111.22 and a 12 month high of $145.58. The company has a current ratio of 1.17, a quick ratio of 0.52 and a debt-to-equity ratio of 0.32. The firm’s 50 day moving average is $135.88 and its 200 day moving average is $128.93. The stock has a market capitalization of $160.80 billion, a PE ratio of 32.91, a price-to-earnings-growth ratio of 3.25 and a beta of 0.92.

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 (EPS) for the quarter, topping 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 business had revenue of $14.40 billion during the quarter, compared to the consensus estimate of $14.12 billion. During the same period last year, the business posted $0.96 earnings per share. 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. Sell-side analysts expect that TJX Companies will post 4.18 earnings per share for the current year.

TJX Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 4th. Investors of record on Thursday, November 13th will be issued a dividend of $0.425 per share. The ex-dividend date of this dividend is Thursday, November 13th. This represents a $1.70 dividend on an annualized basis and a yield of 1.2%. TJX Companies’s dividend payout ratio is 38.72%.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Lavaca Capital LLC bought a new position in shares of TJX Companies in the second quarter valued at approximately $25,000. TCTC Holdings LLC lifted its stake in 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 purchasing an additional 145 shares in the last quarter. Princeton Global Asset Management LLC purchased a new stake in TJX Companies in the 2nd quarter worth approximately $28,000. Howard Hughes Medical Institute bought a new position in TJX Companies in the 2nd quarter valued at $30,000. Finally, Legacy Investment Solutions LLC purchased a new position in shares of TJX Companies during the 2nd quarter valued at $32,000. Hedge funds and other 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.