TJX Companies (NYSE:TJX) Price Target Raised to $154.00 at JPMorgan Chase & Co.

TJX Companies (NYSE:TJX) had its price objective increased by JPMorgan Chase & Co. from $150.00 to $154.00 in a report released on Thursday morning,Benzinga reports. They currently have an overweight rating on the apparel and home fashions retailer’s stock.

Other research analysts have also recently issued research reports about the company. Wall Street Zen upgraded TJX Companies from a “hold” rating to a “buy” rating in a research report on Saturday, August 23rd. BTIG Research assumed coverage on shares of TJX Companies in a report on Tuesday, October 14th. They issued a “buy” rating and a $165.00 target price on the stock. UBS Group restated a “buy” rating and issued a $172.00 target price on shares of TJX Companies in a research report on Tuesday, November 4th. Macquarie reiterated a “buy” rating on shares of TJX Companies in a research report on Monday, August 11th. Finally, Erste Group Bank initiated coverage on shares of TJX Companies in a research report on Friday, September 5th. They set a “buy” rating for the company. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and one has issued 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 $158.90.

TJX Companies Stock Performance

Shares of NYSE:TJX opened at $148.20 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. TJX Companies has a 12-month low of $112.10 and a 12-month high of $151.00. The company’s 50 day moving average price is $142.81 and its two-hundred day moving average price is $133.94. The firm has a market cap of $164.94 billion, a PE ratio of 33.76, a PEG ratio of 3.14 and a beta of 0.90.

TJX Companies (NYSE:TJX) last issued its quarterly earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 earnings per share (EPS) 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 analysts’ expectations of $14.80 billion. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.The firm’s revenue for the quarter was up 7.5% compared to the same quarter last year. During the same period in the previous year, the company posted $1.14 earnings per share. 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 predict that TJX Companies will post 4.18 earnings per share for the current year.

TJX Companies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 4th. Stockholders of record on Thursday, November 13th will be paid a $0.425 dividend. This represents a $1.70 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Thursday, November 13th. TJX Companies’s dividend payout ratio is presently 38.72%.

Hedge Funds Weigh In On TJX Companies

Institutional investors and hedge funds have recently bought and sold shares of the company. Lavaca Capital LLC bought a new stake in shares of TJX Companies during the second quarter worth about $25,000. TCTC Holdings LLC boosted its position in TJX Companies by 210.1% during the 1st quarter. TCTC Holdings LLC now owns 214 shares of the apparel and home fashions retailer’s stock worth $26,000 after buying an additional 145 shares during the period. Dogwood Wealth Management LLC grew its holdings in TJX Companies by 102.2% during the 3rd quarter. Dogwood Wealth Management LLC now owns 182 shares of the apparel and home fashions retailer’s stock worth $26,000 after acquiring an additional 92 shares during the last quarter. GGM Financials LLC acquired a new position in TJX Companies in the 3rd quarter valued at approximately $27,000. Finally, Imprint Wealth LLC bought a new position in shares of TJX Companies during the third quarter valued at $27,000. Institutional investors and hedge funds 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.