The TJX Companies, Inc. (NYSE:TJX) Receives Average Recommendation of “Buy” from Analysts

Shares of The TJX Companies, Inc. (NYSE:TJX) have earned a consensus recommendation of “Buy” from the twenty-four brokerages that are covering the firm, Marketbeat reports. Twenty-two investment analysts have rated the stock with a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $163.8571.

A number of brokerages recently commented on TJX. The Goldman Sachs Group upped their price objective on TJX Companies from $163.00 to $170.00 and gave the stock a “buy” rating in a research note on Thursday, November 20th. Wells Fargo & Company reaffirmed a “positive” rating and issued a $150.00 price target (up from $145.00) on shares of TJX Companies in a research note on Tuesday, December 16th. Robert W. Baird set a $168.00 target price on TJX Companies in a research note on Wednesday, December 17th. Morgan Stanley restated an “overweight” rating and set a $162.00 target price (up from $159.00) on shares of TJX Companies in a report on Thursday, November 20th. Finally, TD Cowen reiterated a “buy” rating on shares of TJX Companies in a research report on Thursday, November 20th.

Insider Activity at TJX Companies

In other news, Director Amy B. Lane sold 500 shares of the stock in a transaction on Friday, November 21st. The shares were sold at an average price of $151.40, for a total transaction of $75,700.00. Following the transaction, the director owned 22,212 shares in the company, valued at $3,362,896.80. This represents a 2.20% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Ernie Herrman sold 24,363 shares of the company’s stock in a transaction dated Friday, November 21st. The stock was sold at an average price of $151.31, for a total value of $3,686,365.53. Following the sale, the chief executive officer owned 510,780 shares of the company’s stock, valued at approximately $77,286,121.80. This trade represents a 4.55% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 54,863 shares of company stock valued at $8,226,366. 0.13% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Brighton Jones LLC lifted its position in shares of TJX Companies by 113.7% during the 4th 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 during the period. Revolve Wealth Partners LLC boosted its position 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 valued at $262,000 after buying an additional 235 shares during the last quarter. Bison Wealth LLC increased its position in TJX Companies by 32.9% in the fourth quarter. Bison Wealth LLC now owns 3,856 shares of the apparel and home fashions retailer’s stock worth $466,000 after purchasing an additional 955 shares during the period. Janney Montgomery Scott LLC grew its position in shares of TJX Companies by 1.4% during the 2nd quarter. Janney Montgomery Scott LLC now owns 260,661 shares of the apparel and home fashions retailer’s stock worth $32,189,000 after buying an additional 3,707 shares during the period. Finally, Capital Investment Advisors LLC grew its holdings in TJX Companies by 9.7% during the 2nd quarter. Capital Investment Advisors LLC now owns 5,576 shares of the apparel and home fashions retailer’s stock worth $689,000 after acquiring an additional 491 shares during the period. 91.09% of the stock is owned by institutional investors.

TJX Companies Stock Performance

TJX Companies stock opened at $147.38 on Friday. TJX Companies has a 12-month low of $112.10 and a 12-month high of $159.48. The company has a market capitalization of $163.67 billion, a price-to-earnings ratio of 32.54, a price-to-earnings-growth ratio of 3.10 and a beta of 0.75. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.09 and a quick ratio of 0.43. The firm’s fifty day moving average price is $154.07 and its 200 day moving average price is $143.40.

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 for the quarter, topping analysts’ consensus estimates of $1.22 by $0.06. The business had revenue of $15.12 billion during the quarter, compared to the consensus estimate of $14.80 billion. TJX Companies had a net margin of 8.68% and a return on equity of 58.30%. The business’s quarterly revenue was up 7.5% compared to the same quarter last year. During the same quarter last year, the company earned $1.14 earnings per share. 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. On average, research analysts forecast that TJX Companies will post 4.18 EPS for the current fiscal year.

TJX Companies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 5th. Stockholders of record on Thursday, February 12th will be paid a $0.425 dividend. The ex-dividend date of this dividend is Thursday, February 12th. This represents a $1.70 dividend on an annualized basis and a dividend yield of 1.2%. TJX Companies’s dividend payout ratio is 37.53%.

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.