The TJX Companies, Inc. (NYSE:TJX) Receives Average Recommendation of “Buy” from Brokerages

The TJX Companies, Inc. (NYSE:TJX) has been given an average rating of “Buy” by the twenty-four brokerages that are presently covering the firm, Marketbeat Ratings reports. Twenty-two equities research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $163.8571.

TJX has been the topic of several analyst reports. Evercore ISI increased their target price on TJX Companies from $162.00 to $165.00 and gave the stock an “outperform” rating in a research report on Thursday, November 20th. Wall Street Zen raised shares of TJX Companies from a “hold” rating to a “buy” rating in a report on Sunday, January 11th. Wells Fargo & Company reiterated a “positive” rating and issued a $150.00 price objective (up from $145.00) on shares of TJX Companies in a research report on Tuesday, December 16th. Sanford C. Bernstein restated an “outperform” rating and issued a $170.00 target price on shares of TJX Companies in a research report on Tuesday, January 6th. Finally, Morgan Stanley reaffirmed an “overweight” rating and set a $162.00 price target (up previously from $159.00) on shares of TJX Companies in a report on Thursday, November 20th.

TJX Companies Price Performance

TJX opened at $155.17 on Friday. The company has a quick ratio of 0.43, a current ratio of 1.09 and a debt-to-equity ratio of 0.20. The company’s 50-day moving average price is $154.10 and its 200 day moving average price is $144.44. TJX Companies has a fifty-two week low of $112.10 and a fifty-two week high of $159.48. The firm has a market cap of $172.31 billion, a price-to-earnings ratio of 34.25, a price-to-earnings-growth ratio of 2.94 and a beta of 0.74.

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 company had revenue of $15.12 billion during the quarter, compared to the consensus estimate of $14.80 billion. TJX Companies had a return on equity of 58.30% and a net margin of 8.68%.TJX Companies’s quarterly revenue was up 7.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.14 earnings per share. TJX Companies has set its Q4 2026 guidance at 1.330-1.360 EPS and its FY 2026 guidance at 4.630-4.660 EPS. As a group, sell-side analysts expect that TJX Companies will post 4.18 earnings per share for the current year.

TJX Companies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 5th. Shareholders of record on Thursday, February 12th will be paid a dividend of $0.425 per share. The ex-dividend date of this dividend is Thursday, February 12th. This represents a $1.70 annualized dividend and a yield of 1.1%. TJX Companies’s payout ratio is presently 37.53%.

Insider Buying and Selling at TJX Companies

In related news, Director Amy B. Lane sold 500 shares of the company’s stock in a transaction dated Friday, November 21st. The shares were sold at an average price of $151.40, for a total value of $75,700.00. Following the completion of the sale, the director owned 22,212 shares of the company’s stock, valued at $3,362,896.80. This represents a 2.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Ernie Herrman sold 30,000 shares of the stock in a transaction dated Thursday, November 20th. The shares were sold at an average price of $148.81, for a total transaction of $4,464,300.00. Following the completion of the transaction, the chief executive officer owned 535,143 shares of the company’s stock, valued at $79,634,629.83. This represents a 5.31% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 54,863 shares of company stock valued at $8,226,366. Company insiders own 0.13% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. increased its position in shares of TJX Companies by 0.8% during the 4th quarter. Vanguard Group Inc. now owns 102,733,668 shares of the apparel and home fashions retailer’s stock valued at $15,780,919,000 after purchasing an additional 771,882 shares during the period. State Street Corp boosted its stake in TJX Companies by 0.6% during the second quarter. State Street Corp now owns 48,595,536 shares of the apparel and home fashions retailer’s stock valued at $6,001,063,000 after buying an additional 285,737 shares in the last quarter. Geode Capital Management LLC grew its holdings in TJX Companies by 1.2% during the second quarter. Geode Capital Management LLC now owns 26,070,916 shares of the apparel and home fashions retailer’s stock worth $3,205,927,000 after acquiring an additional 301,127 shares during the period. Capital International Investors raised its position in TJX Companies by 4.2% in the third quarter. Capital International Investors now owns 15,678,165 shares of the apparel and home fashions retailer’s stock worth $2,266,066,000 after acquiring an additional 630,574 shares in the last quarter. Finally, Norges Bank bought a new stake in TJX Companies in the second quarter worth about $1,808,774,000. 91.09% of the stock is currently owned by institutional investors.

About TJX Companies

TJX Companies, Inc is a leading off-price retailer of apparel, footwear, home fashions and other consumer goods. The company operates multiple retail concepts that offer discounted brand-name and designer merchandise, including well-known banners such as T.J. Maxx and Marshalls in the United States, HomeGoods for home furnishings, TK Maxx in parts of Europe, and Winners and Homesense in Canada. Merchandise categories span women’s, men’s and children’s apparel, accessories, beauty, home décor, kitchenware and small furniture, with frequent changes in assortment that create a “treasure-hunt” shopping experience for consumers.

The company’s business model centers on opportunistic buying, purchasing excess, irregular or out-of-season inventory from manufacturers, department stores and other suppliers, and passing savings to customers through lower prices.