TJX Companies (NYSE:TJX) Research Coverage Started at Erste Group Bank

Erste Group Bank initiated coverage on shares of TJX Companies (NYSE:TJX) in a research report report published on Friday, MarketBeat reports. The firm issued a buy rating on the apparel and home fashions retailer’s stock.

TJX has been the subject of several other research reports. Barclays raised their price objective on shares of TJX Companies from $147.00 to $155.00 and gave the company an “overweight” rating in a research report on Thursday, August 21st. Evercore ISI raised their price target on shares of TJX Companies from $150.00 to $162.00 and gave the company an “outperform” rating in a report on Thursday, August 21st. Sanford C. Bernstein upped their price objective on TJX Companies from $145.00 to $152.00 and gave the stock an “outperform” rating in a report on Thursday, August 21st. Robert W. Baird increased their price objective on TJX Companies from $143.00 to $152.00 and gave the company an “outperform” rating in a research report on Thursday, August 21st. Finally, Macquarie reissued a “buy” rating on shares of TJX Companies in a research note on Monday, August 11th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, TJX Companies presently has a consensus rating of “Buy” and an average target price of $147.58.

TJX Companies Trading Down 1.2%

TJX stock opened at $139.30 on Friday. The business has a fifty day moving average price of $129.89 and a 200 day moving average price of $126.42. TJX Companies has a fifty-two week low of $111.22 and a fifty-two week high of $145.58. The stock has a market capitalization of $155.03 billion, a price-to-earnings ratio of 31.73, a P/E/G ratio of 3.13 and a beta of 0.90. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.17 and a quick ratio of 0.52.

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

TJX Companies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, September 4th. Stockholders of record on Thursday, August 14th were given a $0.425 dividend. This represents a $1.70 annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Thursday, August 14th. TJX Companies’s dividend payout ratio (DPR) is currently 38.72%.

Institutional Investors Weigh In On TJX Companies

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Lavaca Capital LLC bought a new stake in shares of TJX Companies in the 2nd quarter valued at about $25,000. TCTC Holdings LLC grew its holdings in TJX Companies by 210.1% during the first quarter. TCTC Holdings LLC now owns 214 shares of the apparel and home fashions retailer’s stock valued at $26,000 after purchasing an additional 145 shares during the period. Princeton Global Asset Management LLC acquired a new position in TJX Companies during the second quarter valued at approximately $28,000. Howard Hughes Medical Institute bought a new stake in TJX Companies in the second quarter valued at approximately $30,000. Finally, Legacy Investment Solutions LLC acquired a new stake in TJX Companies in the second quarter worth $32,000. Institutional investors 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.