TJX Companies (NYSE:TJX) Price Target Raised to $154.00 at JPMorgan Chase & Co.

TJX Companies (NYSE:TJX) had its target price boosted by equities researchers at JPMorgan Chase & Co. from $150.00 to $154.00 in a note issued to investors on Thursday,Benzinga reports. The firm 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 3.66% from the company’s current price.

TJX has been the topic of several other reports. Macquarie restated a “buy” rating on shares of TJX Companies in a report on Monday, August 11th. Erste Group Bank started coverage on TJX Companies in a research report on Friday, September 5th. They issued a “buy” rating for the company. Evercore ISI lifted their target price on TJX Companies from $162.00 to $165.00 and gave the company an “outperform” rating in a research report on Thursday. UBS Group reissued a “buy” rating and set a $172.00 price objective on shares of TJX Companies in a research report on Tuesday, November 4th. Finally, Barclays reaffirmed an “overweight” rating and set a $168.00 target price on shares of TJX Companies in a research note on Thursday. One investment analyst has rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Buy” and a consensus price target of $156.76.

TJX Companies Stock Up 1.9%

Shares of TJX traded up $2.75 during midday trading on Thursday, hitting $148.56. 4,215,203 shares of the company’s stock traded hands, compared to its average volume of 5,233,122. The company has a current ratio of 1.17, a quick ratio of 0.52 and a debt-to-equity ratio of 0.32. The stock has a market capitalization 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 has a 1 year low of $112.10 and a 1 year high of $151.00. The firm’s fifty day moving average is $142.66 and its 200-day moving average is $133.84.

TJX Companies (NYSE:TJX) last released its quarterly earnings data on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 EPS for the quarter, beating the consensus estimate of $1.22 by $0.06. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. The business had revenue of $15.12 billion for the quarter, compared to the consensus estimate of $14.80 billion. During the same period in the prior year, the firm earned $1.14 EPS. The business’s revenue for the quarter 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. As a group, sell-side analysts anticipate that TJX Companies will post 4.18 earnings per share for the current year.

Hedge Funds Weigh In On TJX Companies

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. High Note Wealth LLC raised its holdings in shares of TJX Companies by 12.1% during the third quarter. High Note Wealth LLC now owns 667 shares of the apparel and home fashions retailer’s stock valued at $96,000 after acquiring an additional 72 shares during the period. Valley National Advisers Inc. boosted its holdings in TJX Companies by 2.3% during the third quarter. Valley National Advisers Inc. now owns 3,271 shares of the apparel and home fashions retailer’s stock valued at $472,000 after acquiring an additional 73 shares during the period. Webster Bank N. A. grew its position in shares of TJX Companies by 1.6% in the third quarter. Webster Bank N. A. now owns 4,574 shares of the apparel and home fashions retailer’s stock valued at $661,000 after purchasing an additional 73 shares during the last quarter. REAP Financial Group LLC grew its holdings in TJX Companies by 12.1% in the 3rd quarter. REAP Financial Group LLC now owns 676 shares of the apparel and home fashions retailer’s stock valued at $98,000 after buying an additional 73 shares during the last quarter. Finally, Ignite Planners LLC boosted its position in shares of TJX Companies by 3.8% in the second quarter. Ignite Planners LLC now owns 2,130 shares of the apparel and home fashions retailer’s stock valued at $260,000 after acquiring an additional 77 shares during the period. 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.