Evercore ISI Increases TJX Companies (NYSE:TJX) Price Target to $165.00

TJX Companies (NYSE:TJX) had its target price boosted by analysts at Evercore ISI from $162.00 to $165.00 in a note issued to investors on Thursday,Benzinga reports. The brokerage currently has an “outperform” rating on the apparel and home fashions retailer’s stock. Evercore ISI’s price objective suggests a potential upside of 13.15% from the stock’s previous close.

TJX has been the topic of a number of other research reports. Barclays boosted their price objective on shares of TJX Companies from $147.00 to $155.00 and gave the stock an “overweight” rating in a report on Thursday, August 21st. Morgan Stanley lifted their target price on TJX Companies from $140.00 to $150.00 and gave the stock an “overweight” rating in a research report on Thursday, August 21st. Macquarie reiterated a “buy” rating on shares of TJX Companies in a research note on Monday, August 11th. Telsey Advisory Group restated an “outperform” rating and set a $155.00 price objective on shares of TJX Companies in a research note on Wednesday. Finally, Erste Group Bank initiated coverage on TJX Companies in a research note on Friday, September 5th. They set a “buy” rating for the company. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $152.95.

TJX Companies Stock Performance

Shares of NYSE:TJX opened at $145.83 on Thursday. The company has a market cap of $162.30 billion, a P/E ratio of 33.22, a PEG ratio of 3.14 and a beta of 0.90. TJX Companies has a one year low of $112.10 and a one year high of $151.00. The business’s 50-day simple moving average is $142.66 and its 200 day simple moving average is $133.84. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.52 and a current ratio of 1.17.

TJX Companies (NYSE:TJX) last posted its quarterly earnings data on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.22 by $0.06. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. The company had revenue of $15.12 billion for the quarter, compared to analyst estimates of $14.80 billion. During the same quarter last year, the firm posted $1.14 earnings per share. The business’s quarterly 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. FY 2026 guidance at 4.630-4.660 EPS. On average, sell-side analysts forecast that TJX Companies will post 4.18 earnings per share for the current fiscal year.

Hedge Funds Weigh In On TJX Companies

Hedge funds have recently added to or reduced their stakes in the business. Lavaca Capital LLC acquired a new position in shares of TJX Companies in the 2nd quarter valued at about $25,000. TCTC Holdings LLC grew its holdings in shares of TJX Companies by 210.1% during the first quarter. TCTC Holdings LLC now owns 214 shares of the apparel and home fashions retailer’s stock valued at $26,000 after purchasing an additional 145 shares during the last quarter. Dogwood Wealth Management LLC raised its position in shares of TJX Companies by 102.2% during the 3rd quarter. Dogwood Wealth Management LLC now owns 182 shares of the apparel and home fashions retailer’s stock worth $26,000 after purchasing an additional 92 shares during the period. GGM Financials LLC bought a new stake in shares of TJX Companies in the 3rd quarter worth approximately $27,000. Finally, Imprint Wealth LLC bought a new stake in shares of TJX Companies in the 3rd quarter worth approximately $27,000. Institutional investors and hedge funds 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.