TJX Companies (NYSE:TJX) Stock Price Expected to Rise, The Goldman Sachs Group Analyst Says

TJX Companies (NYSE:TJX) had its price objective lifted by analysts at The Goldman Sachs Group from $163.00 to $170.00 in a report released on Thursday, MarketBeat reports. The brokerage presently has a “buy” rating on the apparel and home fashions retailer’s stock. The Goldman Sachs Group’s price objective suggests a potential upside of 16.57% from the stock’s current price.

TJX has been the subject of several other reports. Evercore ISI increased their target price on shares of TJX Companies from $162.00 to $165.00 and gave the company an “outperform” rating in a research note on Thursday. Weiss Ratings reiterated a “buy (b+)” rating on shares of TJX Companies in a research report on Wednesday, October 8th. JPMorgan Chase & Co. lifted their target price on TJX Companies from $148.00 to $149.00 and gave the stock an “overweight” rating in a report on Monday, October 6th. UBS Group reaffirmed a “buy” rating and set a $172.00 target price on shares of TJX Companies in a report on Tuesday, November 4th. Finally, BTIG Research assumed coverage on TJX Companies in a research report on Tuesday, October 14th. They issued a “buy” rating and a $165.00 price target for the company. One investment analyst has rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Buy” and an average price target of $154.86.

TJX Companies Trading Up 0.2%

Shares of TJX Companies stock opened at $145.83 on Thursday. The business has a fifty day simple moving average of $142.66 and a 200-day simple moving average of $133.84. TJX Companies has a fifty-two week low of $112.10 and a fifty-two week high of $151.00. The firm has a market cap of $162.30 billion, a price-to-earnings ratio of 33.22, a price-to-earnings-growth ratio of 3.14 and a beta of 0.90. The company has a quick ratio of 0.52, a current ratio of 1.17 and a debt-to-equity ratio of 0.32.

TJX Companies (NYSE:TJX) last issued its quarterly earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 EPS for the quarter, topping 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 firm had revenue of $15.12 billion for the quarter, compared to analysts’ expectations of $14.80 billion. During the same period in the previous year, the business earned $1.14 earnings per share. TJX Companies’s revenue for the quarter was up 7.5% compared to the same quarter last year. 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, equities analysts forecast that TJX Companies will post 4.18 EPS for the current fiscal year.

Institutional Trading of TJX Companies

Institutional investors have recently made changes to their positions in the stock. Dogwood Wealth Management LLC lifted its position in TJX Companies by 102.2% in the 3rd quarter. Dogwood Wealth Management LLC now owns 182 shares of the apparel and home fashions retailer’s stock worth $26,000 after buying an additional 92 shares in the last quarter. Imprint Wealth LLC purchased a new stake in shares of TJX Companies during the third quarter worth $27,000. GGM Financials LLC purchased a new stake in shares of TJX Companies during the third quarter worth $27,000. Lavaca Capital LLC acquired a new stake in TJX Companies during the second quarter valued at $25,000. Finally, Measured Wealth Private Client Group LLC purchased a new position in TJX Companies in the third quarter valued at about $30,000. 91.09% of the stock is currently owned by institutional investors and hedge funds.

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.