TJX Companies (NYSE:TJX) Coverage Initiated at Deutsche Bank Aktiengesellschaft

Equities research analysts at Deutsche Bank Aktiengesellschaft began coverage on shares of TJX Companies (NYSE:TJX) in a note issued to investors on Thursday, MarketBeat.com reports. The brokerage set a “buy” rating on the apparel and home fashions retailer’s stock.

Several other equities analysts have also weighed in on the stock. Evercore ISI raised their price objective on shares of TJX Companies from $162.00 to $165.00 and gave the company an “outperform” rating in a research report on Thursday, November 20th. Wall Street Zen lowered shares of TJX Companies from a “buy” rating to a “hold” rating in a research note on Saturday, January 3rd. Sanford C. Bernstein restated an “outperform” rating and issued a $170.00 price target on shares of TJX Companies in a research report on Tuesday. Jefferies Financial Group reaffirmed a “buy” rating and issued a $170.00 price target on shares of TJX Companies in a report on Tuesday, November 11th. Finally, Weiss Ratings reissued a “buy (b+)” rating on shares of TJX Companies in a research note on Wednesday, October 8th. Two investment analysts have rated the stock with a Strong Buy rating and twenty-four have given a Buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of $163.86.

TJX Companies Stock Performance

Shares of NYSE TJX opened at $157.88 on Thursday. TJX Companies has a 1 year low of $112.10 and a 1 year high of $159.48. The firm has a market cap of $175.32 billion, a P/E ratio of 34.85, a PEG ratio of 3.55 and a beta of 0.75. The stock has a fifty day moving average price of $151.67 and a two-hundred day moving average price of $140.56. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.43 and a current ratio of 1.09.

TJX Companies (NYSE:TJX) last announced its quarterly earnings data 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. TJX Companies had a return on equity of 58.30% and a net margin of 8.68%.The business had revenue of $15.12 billion during the quarter, compared to analyst estimates of $14.80 billion. During the same quarter in the prior year, the firm posted $1.14 earnings per share. The company’s revenue was up 7.5% on a year-over-year basis. TJX Companies has set its Q4 2026 guidance at 1.330-1.360 EPS and its FY 2026 guidance at 4.630-4.660 EPS. Research analysts forecast that TJX Companies will post 4.18 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, CEO Ernie Herrman sold 30,000 shares of the company’s stock in a transaction on Thursday, November 20th. The stock was sold at an average price of $148.81, for a total transaction of $4,464,300.00. Following the transaction, the chief executive officer directly owned 535,143 shares of the company’s stock, valued at approximately $79,634,629.83. The trade was a 5.31% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Amy B. Lane sold 500 shares of the stock in a transaction dated Friday, November 21st. The stock was sold at an average price of $151.40, for a total value of $75,700.00. Following the completion of the sale, the director directly owned 22,212 shares of the company’s stock, valued at approximately $3,362,896.80. This represents a 2.20% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 54,863 shares of company stock worth $8,226,366 in the last quarter. 0.13% of the stock is currently owned by corporate insiders.

Institutional Trading of TJX Companies

Several institutional investors have recently made changes to their positions in TJX. Lavaca Capital LLC acquired a new stake in shares of TJX Companies during the 2nd quarter valued at $25,000. Dogwood Wealth Management LLC raised its holdings in shares of TJX Companies by 102.2% during the third 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 in the last quarter. GGM Financials LLC acquired a new stake in TJX Companies during the third quarter valued at $27,000. Imprint Wealth LLC purchased a new position in TJX Companies in the third quarter valued at about $27,000. Finally, Princeton Global Asset Management LLC acquired a new position in TJX Companies in the 2nd quarter worth about $28,000. 91.09% of the stock is currently owned by institutional investors and hedge funds.

TJX Companies Company Profile

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.