The TJX Companies, Inc. (NYSE:TJX) Receives $176.89 Average PT from Analysts

Shares of The TJX Companies, Inc. (NYSE:TJX) have been given an average rating of “Buy” by the twenty-two research firms that are presently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a hold recommendation, nineteen have given a buy recommendation and two have issued a strong buy recommendation on the company. The average 12 month price target among brokers that have covered the stock in the last year is $176.8889.

A number of equities research analysts have recently issued reports on the stock. Truist Financial set a $190.00 target price on shares of TJX Companies and gave the company a “buy” rating in a report on Thursday, May 21st. Telsey Advisory Group lifted their price target on TJX Companies from $175.00 to $185.00 and gave the stock an “outperform” rating in a report on Thursday, May 21st. Evercore reissued an “outperform” rating and set a $175.00 price target on shares of TJX Companies in a research report on Thursday, May 21st. Sanford C. Bernstein restated an “outperform” rating on shares of TJX Companies in a research note on Thursday, May 21st. Finally, JPMorgan Chase & Co. raised their price objective on TJX Companies from $173.00 to $174.00 and gave the company an “overweight” rating in a research report on Monday, May 18th.

Trending Headlines about TJX Companies

Here are the key news stories impacting TJX Companies this week:

• Positive Sentiment: TJX continues to receive favorable attention from Wall Street, with analyst recommendations generally supportive. However, the article notes that average brokerage ratings can be overly optimistic and should not be used alone as a buy signal. Should You Invest in TJX Based on Bullish Wall Street Views?
• Positive Sentiment: Zacks identifies TJX as a strong growth stock based on its style scores, supporting the company’s long-term growth profile and investor appeal. Why TJX Is a Strong Growth Stock
• Positive Sentiment: Historical performance coverage highlights the substantial long-term wealth creation TJX has delivered, reinforcing its reputation as a durable discount-retail compounder. TJX Ten-Year Investment Performance
• Neutral Sentiment: A comparison with Target focuses on which retailer offers better value, but does not identify a new earnings, guidance, or operating catalyst for TJX. TGT or TJX: Better Value Stock
• Neutral Sentiment: Prior results remain a fundamental support: TJX reported strong comparable-store sales, a 12.3% pretax margin, and diluted EPS of $1.14, all above plan. TJX Quarterly Results
• Negative Sentiment: The immediate pressure appears to reflect profit-taking or relative underperformance after TJX’s strong run, rather than a reported deterioration in fundamentals. Recent coverage provides no fresh negative guidance or earnings surprise.

TJX Companies Trading Down 1.4%

NYSE TJX opened at $159.34 on Friday. TJX Companies has a 12 month low of $123.78 and a 12 month high of $170.00. The company has a current ratio of 1.14, a quick ratio of 0.54 and a debt-to-equity ratio of 0.18. The stock has a 50 day moving average of $157.59 and a 200-day moving average of $156.65. The company has a market cap of $176.02 billion, a PE ratio of 30.94, a PEG ratio of 3.50 and a beta of 0.63.

TJX Companies (NYSE:TJX) last issued its earnings results on Wednesday, May 20th. The apparel and home fashions retailer reported $1.19 earnings per share for the quarter, topping analysts’ consensus estimates of $1.02 by $0.17. The business had revenue of $14.32 billion for the quarter, compared to the consensus estimate of $14.02 billion. TJX Companies had a net margin of 9.40% and a return on equity of 57.92%. The firm’s revenue for the quarter was up 9.2% on a year-over-year basis. During the same period in the previous year, the company earned $0.92 earnings per share. TJX Companies has set its FY 2027 guidance at 5.080-5.150 EPS and its Q2 2027 guidance at 1.150-1.170 EPS. On average, equities research analysts anticipate that TJX Companies will post 5.17 EPS for the current fiscal year.

TJX Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Thursday, August 13th will be paid a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Thursday, August 13th. TJX Companies’s dividend payout ratio is 37.28%.

Insiders Place Their Bets

In other TJX Companies news, CEO Ernie Herrman sold 10,002 shares of TJX Companies stock in a transaction on Friday, June 5th. The shares were sold at an average price of $160.68, for a total transaction of $1,607,121.36. Following the completion of the transaction, the chief executive officer directly owned 514,848 shares of the company’s stock, valued at $82,725,776.64. The trade was a 1.91% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO John Klinger sold 6,235 shares of the company’s stock in a transaction on Friday, June 5th. The shares were sold at an average price of $160.77, for a total transaction of $1,002,400.95. Following the completion of the transaction, the chief financial officer owned 64,257 shares in the company, valued at approximately $10,330,597.89. This represents a 8.84% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 130,367 shares of company stock worth $20,959,476. Company insiders own 0.15% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of TJX. Vanguard Group Inc. grew its position in shares of TJX Companies by 0.8% in the fourth quarter. Vanguard Group Inc. now owns 102,733,668 shares of the apparel and home fashions retailer’s stock valued at $15,780,919,000 after purchasing an additional 771,882 shares during the last quarter. Geode Capital Management LLC lifted its holdings in TJX Companies by 2.6% during the 4th quarter. Geode Capital Management LLC now owns 27,011,104 shares of the apparel and home fashions retailer’s stock worth $4,134,174,000 after purchasing an additional 673,690 shares during the last quarter. Bank of America Corp DE lifted its holdings in TJX Companies by 2.0% during the 4th quarter. Bank of America Corp DE now owns 25,620,925 shares of the apparel and home fashions retailer’s stock worth $3,935,630,000 after purchasing an additional 495,989 shares during the last quarter. Capital International Investors boosted its stake in TJX Companies by 2.0% in the 4th quarter. Capital International Investors now owns 15,986,573 shares of the apparel and home fashions retailer’s stock valued at $2,455,911,000 after purchasing an additional 308,408 shares during the period. Finally, Norges Bank bought a new stake in TJX Companies in the 4th quarter valued at $2,211,975,000. Institutional investors and hedge funds own 91.09% of the company’s stock.

About TJX Companies

TJX Companies, Inc is a leading off-price retailer of apparel, footwear, home fashions and other consumer goods. The company operates multiple retail concepts that offer discounted brand-name and designer merchandise, including well-known banners such as T.J. Maxx and Marshalls in the United States, HomeGoods for home furnishings, TK Maxx in parts of Europe, and Winners and Homesense in Canada. Merchandise categories span women’s, men’s and children’s apparel, accessories, beauty, home décor, kitchenware and small furniture, with frequent changes in assortment that create a “treasure-hunt” shopping experience for consumers.

The company’s business model centers on opportunistic buying, purchasing excess, irregular or out-of-season inventory from manufacturers, department stores and other suppliers, and passing savings to customers through lower prices.