UBS Group Issues Positive Forecast for TJX Companies (NYSE:TJX) Stock Price

TJX Companies (NYSE:TJX) had its price objective upped by UBS Group from $164.00 to $172.00 in a report issued on Thursday,Benzinga reports. They currently have a buy rating on the apparel and home fashions retailer’s stock.

TJX has been the topic of a number of other research reports. Daiwa Capital Markets assumed coverage on TJX Companies in a research report on Tuesday, July 8th. They issued an “outperform” rating and a $133.00 target price on the stock. BMO Capital Markets reiterated an “outperform” rating on shares of TJX Companies in a research report on Wednesday, May 21st. Barclays reiterated an “overweight” rating and issued a $147.00 target price (up previously from $137.00) on shares of TJX Companies in a research report on Thursday, May 22nd. Macquarie reiterated a “buy” rating on shares of TJX Companies in a research report on Monday, August 11th. Finally, Evercore ISI lifted their target price on TJX Companies from $150.00 to $162.00 and gave the company an “outperform” rating in a research report on Thursday. One research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $147.58.

TJX Companies Stock Down 0.7%

TJX stock opened at $137.3490 on Thursday. The company has a market cap of $153.43 billion, a PE ratio of 31.29, a price-to-earnings-growth ratio of 3.18 and a beta of 0.89. The business has a 50-day simple moving average of $126.74 and a 200 day simple moving average of $125.40. TJX Companies has a 52 week low of $111.22 and a 52 week high of $145.58. The company has a quick ratio of 0.51, a current ratio of 1.17 and a debt-to-equity ratio of 0.32.

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

TJX Companies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 4th. Stockholders of record on Thursday, August 14th will be issued a dividend of $0.425 per share. This represents a $1.70 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Thursday, August 14th. TJX Companies’s payout ratio is 40.00%.

Insider Buying and Selling at TJX Companies

In other news, Director Amy B. Lane sold 950 shares of the business’s stock in a transaction dated Tuesday, June 3rd. The stock was sold at an average price of $128.09, for a total transaction of $121,685.50. Following the sale, the director directly owned 22,712 shares in the company, valued at approximately $2,909,180.08. The trade was a 4.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 0.13% of the company’s stock.

Institutional Trading of TJX Companies

Several hedge funds and other institutional investors have recently made changes to their positions in TJX. Norges Bank bought a new stake in shares of TJX Companies during the second quarter worth about $1,808,774,000. Nuveen LLC bought a new stake in shares of TJX Companies during the first quarter worth about $1,330,717,000. Laurel Wealth Advisors LLC lifted its stake in shares of TJX Companies by 12,417.0% in the second quarter. Laurel Wealth Advisors LLC now owns 4,057,273 shares of the apparel and home fashions retailer’s stock worth $501,033,000 after acquiring an additional 4,024,859 shares during the period. GAMMA Investing LLC lifted its stake in shares of TJX Companies by 14,486.1% in the first quarter. GAMMA Investing LLC now owns 2,912,116 shares of the apparel and home fashions retailer’s stock worth $354,696,000 after acquiring an additional 2,892,151 shares during the period. Finally, Corient Private Wealth LLC lifted its stake in shares of TJX Companies by 120.7% in the second quarter. Corient Private Wealth LLC now owns 5,016,792 shares of the apparel and home fashions retailer’s stock worth $620,406,000 after acquiring an additional 2,743,676 shares during the period. 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.