TJX Companies (NYSE:TJX) Stock Price Expected to Rise, JPMorgan Chase & Co. Analyst Says

TJX Companies (NYSE:TJX) had its price target lifted by equities research analysts at JPMorgan Chase & Co. from $148.00 to $149.00 in a note issued to investors on Monday,Benzinga reports. The brokerage currently has an “overweight” rating on the apparel and home fashions retailer’s stock. JPMorgan Chase & Co.‘s price objective would indicate a potential upside of 5.45% from the company’s current price.

TJX has been the topic of several other research reports. Telsey Advisory Group reissued an “outperform” rating and issued a $155.00 price target (up previously from $150.00) on shares of TJX Companies in a report on Wednesday, August 20th. Evercore ISI upped their target price on shares of TJX Companies from $150.00 to $162.00 and gave the stock an “outperform” rating in a report on Thursday, August 21st. Wells Fargo & Company upped their target price on shares of TJX Companies from $120.00 to $130.00 and gave the stock an “equal weight” rating in a report on Thursday, August 21st. Macquarie reaffirmed a “buy” rating on shares of TJX Companies in a report on Monday, August 11th. Finally, Robert W. Baird upped their target price on shares of TJX Companies from $143.00 to $152.00 and gave the stock an “outperform” rating in a report on Thursday, August 21st. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, TJX Companies currently has an average rating of “Buy” and an average target price of $147.63.

TJX Companies Price Performance

NYSE:TJX opened at $141.30 on Monday. The stock has a market cap of $157.26 billion, a P/E ratio of 32.19, a PEG ratio of 3.18 and a beta of 0.92. TJX Companies has a one year low of $111.22 and a one year high of $145.58. The company has a fifty day moving average price of $136.51 and a 200 day moving average price of $129.47. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.17 and a quick ratio of 0.52.

TJX Companies (NYSE:TJX) last released its earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 EPS for the quarter, beating the consensus estimate of $1.01 by $0.09. The firm had revenue of $14.40 billion during the quarter, compared to analysts’ expectations of $14.12 billion. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. The business’s quarterly revenue was up 6.9% compared to the same quarter last year. During the same period in the prior year, the company earned $0.96 EPS. TJX Companies has set its FY 2026 guidance at 4.520-4.570 EPS. Q3 2026 guidance at 1.170-1.190 EPS. Analysts anticipate that TJX Companies will post 4.18 earnings per share for the current year.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Lavaca Capital LLC acquired a new stake in shares of TJX Companies in the 2nd quarter valued at approximately $25,000. TCTC Holdings LLC raised its position in shares of TJX Companies by 210.1% in the 1st quarter. TCTC Holdings LLC now owns 214 shares of the apparel and home fashions retailer’s stock valued at $26,000 after acquiring an additional 145 shares during the period. Princeton Global Asset Management LLC acquired a new stake in shares of TJX Companies in the 2nd quarter valued at approximately $28,000. Howard Hughes Medical Institute acquired a new stake in shares of TJX Companies in the 2nd quarter valued at approximately $30,000. Finally, Legacy Investment Solutions LLC acquired a new stake in TJX Companies during the 2nd quarter worth approximately $32,000. 91.09% of the stock is currently owned by institutional investors and hedge funds.

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.