TJX Companies (NYSE:TJX) Given New $167.00 Price Target at TD Cowen

TJX Companies (NYSE:TJX) had its price target increased by stock analysts at TD Cowen from $162.00 to $167.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The firm currently has a “buy” rating on the apparel and home fashions retailer’s stock. TD Cowen’s price objective indicates a potential upside of 12.42% from the company’s current price.

Other equities analysts have also recently issued research reports about the stock. Jefferies Financial Group reissued a “buy” rating and set a $170.00 price objective on shares of TJX Companies in a research report on Tuesday, November 11th. The Goldman Sachs Group upped their target price on TJX Companies from $163.00 to $170.00 and gave the stock a “buy” rating in a research report on Thursday. Robert W. Baird set a $160.00 target price on shares of TJX Companies and gave the stock an “outperform” rating in a research report on Thursday. Citigroup raised their price target on shares of TJX Companies from $140.00 to $160.00 and gave the company a “buy” rating in a research report on Thursday, August 21st. Finally, Weiss Ratings restated a “buy (b+)” rating on shares of TJX Companies in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, TJX Companies currently has a consensus rating of “Buy” and an average target price of $156.52.

TJX Companies Trading Up 1.9%

NYSE:TJX traded up $2.74 during mid-day trading on Thursday, hitting $148.55. 1,895,070 shares of the company’s stock were exchanged, compared to its average volume of 5,221,806. The firm has a market capitalization of $165.33 billion, a P/E ratio of 33.83, a PEG ratio of 3.14 and a beta of 0.90. The company has a 50 day simple moving average of $142.66 and a 200-day simple moving average of $133.84. The company has a current ratio of 1.17, a quick ratio of 0.52 and a debt-to-equity ratio of 0.32. TJX Companies has a fifty-two week low of $112.10 and a fifty-two week high of $151.00.

TJX Companies (NYSE:TJX) last released its quarterly earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.22 by $0.06. The firm had revenue of $15.12 billion during the quarter, compared to analyst estimates of $14.80 billion. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. The company’s revenue was up 7.5% compared to the same quarter last year. During the same quarter last 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. As a group, research analysts expect that TJX Companies will post 4.18 earnings per share for the current year.

Hedge Funds Weigh In On TJX Companies

Several large investors have recently modified their holdings of TJX. Brighton Jones LLC raised its position in shares of TJX Companies by 113.7% in the fourth quarter. Brighton Jones LLC now owns 15,039 shares of the apparel and home fashions retailer’s stock worth $1,817,000 after buying an additional 8,002 shares in the last quarter. Revolve Wealth Partners LLC grew its stake in TJX Companies by 12.1% in the 4th quarter. Revolve Wealth Partners LLC now owns 2,172 shares of the apparel and home fashions retailer’s stock worth $262,000 after buying an additional 235 shares in the last quarter. Bison Wealth LLC grew its stake in TJX Companies by 32.9% in the 4th quarter. Bison Wealth LLC now owns 3,856 shares of the apparel and home fashions retailer’s stock worth $466,000 after buying an additional 955 shares in the last quarter. Ignite Planners LLC bought a new position in shares of TJX Companies in the 1st quarter worth $262,000. Finally, Wedbush Securities Inc. raised its position in shares of TJX Companies by 14.3% during the 1st quarter. Wedbush Securities Inc. now owns 17,859 shares of the apparel and home fashions retailer’s stock valued at $2,175,000 after buying an additional 2,229 shares in the last quarter. Hedge funds and other institutional investors 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.