Analysts Set The TJX Companies, Inc. (NYSE:TJX) Target Price at $163.86

The TJX Companies, Inc. (NYSE:TJX) has been given a consensus rating of “Buy” by the twenty-four analysts that are currently covering the company, MarketBeat.com reports. Twenty-two investment analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. The average 1 year target price among brokers that have covered the stock in the last year is $163.8571.

Several equities research analysts have recently issued reports on TJX shares. Guggenheim raised shares of TJX Companies to a “strong-buy” rating in a research report on Wednesday, December 10th. Sanford C. Bernstein reissued an “outperform” rating and issued a $170.00 price objective on shares of TJX Companies in a research report on Tuesday, January 6th. Jefferies Financial Group reiterated a “buy” rating and issued a $170.00 price objective on shares of TJX Companies in a report on Tuesday, November 11th. Robert W. Baird set a $168.00 price target on shares of TJX Companies in a research note on Wednesday, December 17th. Finally, Weiss Ratings reaffirmed a “buy (b+)” rating on shares of TJX Companies in a research report on Wednesday, January 21st.

Insider Transactions at TJX Companies

In other TJX Companies news, Director Amy B. Lane sold 500 shares of the stock in a transaction that occurred 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 completion of the sale, the director owned 22,212 shares of the company’s stock, valued at approximately $3,362,896.80. This represents a 2.20% decrease in their position. The transaction 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 stock in a transaction on Friday, November 21st. The stock was sold at an average price of $151.31, for a total transaction 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 ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 54,863 shares of company stock worth $8,226,366 in the last quarter. Corporate insiders own 0.13% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. 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 valued at $1,817,000 after purchasing an additional 8,002 shares during the period. Revolve Wealth Partners LLC raised its position in TJX Companies by 12.1% during the fourth quarter. Revolve Wealth Partners LLC now owns 2,172 shares of the apparel and home fashions retailer’s stock valued at $262,000 after purchasing an additional 235 shares in the last quarter. Bison Wealth LLC raised its stake in shares of TJX Companies by 32.9% during the fourth quarter. Bison Wealth LLC now owns 3,856 shares of the apparel and home fashions retailer’s stock worth $466,000 after acquiring an additional 955 shares in the last quarter. Janney Montgomery Scott LLC boosted its position in TJX Companies by 1.4% during the second quarter. Janney Montgomery Scott LLC now owns 260,661 shares of the apparel and home fashions retailer’s stock valued at $32,189,000 after buying an additional 3,707 shares during the period. Finally, Capital Investment Advisors LLC grew its holdings in shares of TJX Companies by 9.7% in the second quarter. Capital Investment Advisors LLC now owns 5,576 shares of the apparel and home fashions retailer’s stock worth $689,000 after purchasing an additional 491 shares during the last quarter. 91.09% of the stock is owned by institutional investors.

TJX Companies Price Performance

NYSE:TJX opened at $149.80 on Friday. The firm has a market cap of $166.35 billion, a PE ratio of 33.07, a price-to-earnings-growth ratio of 3.14 and a beta of 0.74. TJX Companies has a 12 month low of $112.10 and a 12 month high of $159.48. The company’s 50-day moving average price is $154.03 and its two-hundred day moving average price is $143.89. The company has a quick ratio of 0.43, a current ratio of 1.09 and a debt-to-equity ratio of 0.20.

TJX Companies (NYSE:TJX) last issued its quarterly earnings data on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 EPS for the quarter, topping analysts’ consensus estimates of $1.22 by $0.06. TJX Companies had a net margin of 8.68% and a return on equity of 58.30%. The firm had revenue of $15.12 billion for the quarter, compared to analyst estimates of $14.80 billion. During the same quarter in the prior year, the firm earned $1.14 EPS. 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. On average, equities analysts anticipate that TJX Companies will post 4.18 EPS for the current fiscal year.

TJX Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 5th. Shareholders of record on Thursday, February 12th will be issued a dividend of $0.425 per share. This represents a $1.70 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Thursday, February 12th. TJX Companies’s payout ratio is presently 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.