TJX Companies (NYSE:TJX) Given New $155.00 Price Target at Sanford C. Bernstein

TJX Companies (NYSE:TJX) had its price objective upped by Sanford C. Bernstein from $152.00 to $155.00 in a research note published on Thursday, MarketBeat.com reports. They currently have an outperform rating on the apparel and home fashions retailer’s stock.

Other research analysts have also issued reports about the stock. Jefferies Financial Group reiterated a “buy” rating and issued a $170.00 target price on shares of TJX Companies in a research note on Tuesday, November 11th. TD Cowen lifted their price target on TJX Companies from $160.00 to $162.00 and gave the stock a “buy” rating in a research report on Monday, November 10th. Robert W. Baird upped their target price on shares of TJX Companies from $143.00 to $152.00 and gave the company an “outperform” rating in a research note on Thursday, August 21st. UBS Group restated a “buy” rating and issued a $172.00 price target on shares of TJX Companies in a research report on Tuesday, November 4th. Finally, Evercore ISI boosted their price objective on shares of TJX Companies from $162.00 to $165.00 and gave the stock an “outperform” rating in a report on Thursday. One analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, TJX Companies has an average rating of “Buy” and a consensus price target of $158.90.

TJX Companies Stock Up 2.3%

Shares of TJX traded up $3.38 during trading hours on Thursday, hitting $151.45. 2,397,236 shares of the company were exchanged, compared to its average volume of 5,239,760. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.52 and a current ratio of 1.17. The company has a market cap of $168.55 billion, a PE ratio of 34.51, a PEG ratio of 3.14 and a beta of 0.90. The firm’s 50 day moving average is $142.81 and its 200-day moving average is $133.94. TJX Companies has a 52 week low of $112.10 and a 52 week high of $152.00.

TJX Companies (NYSE:TJX) last posted its earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 earnings per share for the quarter, topping the consensus estimate of $1.22 by $0.06. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.The firm had revenue of $15.12 billion during the quarter, compared to analyst estimates of $14.80 billion. During the same period in the previous year, the company earned $1.14 EPS. The company’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. On average, equities research analysts forecast that TJX Companies will post 4.18 EPS for the current fiscal year.

TJX Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 4th. Stockholders of record on Thursday, November 13th will be issued a dividend of $0.425 per share. This represents a $1.70 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend is Thursday, November 13th. TJX Companies’s dividend payout ratio (DPR) is presently 38.72%.

Institutional Investors Weigh In On TJX Companies

Several large investors have recently modified their holdings of TJX. FCG Investment Co acquired a new stake in shares of TJX Companies during the 1st quarter worth approximately $2,620,000. MinichMacGregor Wealth Management LLC acquired a new position in shares of TJX Companies during the 2nd quarter worth about $5,045,000. Empowered Funds LLC boosted its stake in TJX Companies by 66.6% during the 2nd quarter. Empowered Funds LLC now owns 76,998 shares of the apparel and home fashions retailer’s stock worth $9,508,000 after acquiring an additional 30,779 shares during the last quarter. Infusive Asset Management Inc. increased its stake in TJX Companies by 30.1% in the first quarter. Infusive Asset Management Inc. now owns 27,730 shares of the apparel and home fashions retailer’s stock valued at $3,378,000 after purchasing an additional 6,415 shares in the last quarter. Finally, First American Bank boosted its position in shares of TJX Companies by 4.5% during the second quarter. First American Bank now owns 138,840 shares of the apparel and home fashions retailer’s stock worth $17,145,000 after purchasing an additional 5,921 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.