TJX Companies (NYSE:TJX) Price Target Raised to $154.00

TJX Companies (NYSE:TJX) had its price target lifted by investment analysts at JPMorgan Chase & Co. from $150.00 to $154.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The brokerage presently has an “overweight” rating on the apparel and home fashions retailer’s stock. JPMorgan Chase & Co.‘s price objective would suggest a potential upside of 3.66% from the stock’s current price.

Other analysts have also issued research reports about the company. UBS Group restated a “buy” rating and issued a $172.00 price objective on shares of TJX Companies in a research note on Tuesday, November 4th. Citigroup reiterated a “buy” rating on shares of TJX Companies in a report on Thursday. Sanford C. Bernstein lifted their target price on shares of TJX Companies from $152.00 to $155.00 and gave the stock an “outperform” rating in a report on Thursday. Robert W. Baird set a $160.00 price target on shares of TJX Companies and gave the company an “outperform” rating in a research note on Thursday. Finally, TD Cowen upped their price target on shares of TJX Companies from $162.00 to $167.00 and gave the company a “buy” rating in a research note on Thursday. One investment analyst has rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of $156.76.

TJX Companies Stock Performance

TJX traded up $2.75 on Thursday, hitting $148.56. The company had a trading volume of 4,215,203 shares, compared to its average volume of 5,233,122. TJX Companies has a 1-year low of $112.10 and a 1-year high of $151.00. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.17 and a quick ratio of 0.52. The company’s fifty day moving average price is $142.66 and its 200 day moving average price is $133.84. The stock has a market cap of $165.33 billion, a price-to-earnings ratio of 33.83, a price-to-earnings-growth ratio of 3.14 and a beta of 0.90.

TJX Companies (NYSE:TJX) last issued its earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 EPS for the quarter, beating analysts’ consensus estimates of $1.22 by $0.06. The business had revenue of $15.12 billion during the quarter, compared to analyst estimates of $14.80 billion. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.TJX Companies’s revenue was up 7.5% on a year-over-year basis. During the same period in the prior year, the company posted $1.14 earnings per share. TJX Companies has set its Q4 2026 guidance at 1.330-1.360 EPS. FY 2026 guidance at 4.630-4.660 EPS. Equities analysts predict that TJX Companies will post 4.18 earnings per share for the current fiscal year.

Institutional Trading of TJX Companies

Several large investors have recently added to or reduced their stakes in the business. Brighton Jones LLC grew 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 valued at $1,817,000 after acquiring an additional 8,002 shares during the period. Revolve Wealth Partners LLC lifted 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 grew its holdings in 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 valued at $466,000 after purchasing an additional 955 shares during the period. Ignite Planners LLC bought a new position in shares of TJX Companies in the first quarter worth about $262,000. Finally, Wedbush Securities Inc. lifted 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. 91.09% of the stock is currently owned by institutional investors.

TJX Companies Company Profile

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.