JPMorgan Chase & Co. Raises TJX Companies (NYSE:TJX) Price Target to $154.00

TJX Companies (NYSE:TJX) had its price objective boosted by equities research analysts at JPMorgan Chase & Co. from $150.00 to $154.00 in a note issued to investors on Thursday,Benzinga reports. The firm presently has an “overweight” rating on the apparel and home fashions retailer’s stock. JPMorgan Chase & Co.‘s price target suggests a potential upside of 1.68% from the company’s previous close.

TJX has been the topic of a number of other research reports. Jefferies Financial Group reissued a “buy” rating and set a $170.00 price target on shares of TJX Companies in a research report on Tuesday, November 11th. TD Cowen boosted their target price on TJX Companies from $162.00 to $167.00 and gave the stock a “buy” rating in a report on Thursday. The Goldman Sachs Group raised their price target on TJX Companies from $163.00 to $170.00 and gave the company a “buy” rating in a report on Thursday. Citigroup reiterated a “buy” rating and issued a $168.00 price objective (up from $160.00) on shares of TJX Companies in a report on Thursday. Finally, Cowen restated a “buy” rating on shares of TJX Companies in a research note on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $158.90.

TJX Companies Stock Performance

NYSE TJX opened at $151.46 on Thursday. The firm has a market capitalization of $168.57 billion, a P/E ratio of 34.50, a price-to-earnings-growth ratio of 3.14 and a beta of 0.90. The company has a current ratio of 1.17, a quick ratio of 0.52 and a debt-to-equity ratio of 0.32. The firm’s fifty day moving average price is $143.04 and its two-hundred day moving average price is $134.10. TJX Companies has a 1 year low of $112.10 and a 1 year high of $152.58.

TJX Companies (NYSE:TJX) last announced its quarterly earnings data 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 net margin of 8.59% and a return on equity of 58.63%. The company’s quarterly revenue was up 7.5% on a year-over-year basis. During the same quarter last year, the firm posted $1.14 EPS. TJX Companies has set its Q4 2026 guidance at 1.330-1.360 EPS. FY 2026 guidance at 4.630-4.660 EPS. As a group, research analysts anticipate that TJX Companies will post 4.18 EPS for the current year.

Insider Activity

In other TJX Companies news, CEO Ernie Herrman sold 30,000 shares of the stock in a transaction that occurred on 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 transaction, the chief executive officer owned 535,143 shares in the company, valued at $79,634,629.83. This represents a 5.31% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Amy B. Lane sold 500 shares of the firm’s stock in a transaction that occurred on Friday, November 21st. The stock was sold at an average price of $151.40, for a total transaction of $75,700.00. Following the transaction, the director directly owned 22,212 shares in the company, valued at $3,362,896.80. This represents a 2.20% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 54,863 shares of company stock worth $8,226,366 over the last 90 days. 0.13% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On TJX Companies

A number of large investors have recently added to or reduced their stakes in the stock. Petix & Botte Co increased its stake in TJX Companies by 4.7% during the 3rd quarter. Petix & Botte Co now owns 4,458 shares of the apparel and home fashions retailer’s stock worth $644,000 after acquiring an additional 200 shares during the period. CIBC Bancorp USA Inc. acquired a new stake in shares of TJX Companies during the 3rd quarter worth $24,621,000. Tcfg Wealth Management LLC bought a new position in shares of TJX Companies in the third quarter worth $1,585,000. Maple Capital Management Inc. raised its stake in TJX Companies by 0.9% in the third quarter. Maple Capital Management Inc. now owns 227,613 shares of the apparel and home fashions retailer’s stock valued at $32,899,000 after purchasing an additional 2,122 shares in the last quarter. Finally, Blue Fin Capital Inc. lifted its position in TJX Companies by 1.2% during the third quarter. Blue Fin Capital Inc. now owns 28,641 shares of the apparel and home fashions retailer’s stock worth $4,140,000 after purchasing an additional 342 shares during the period. Institutional investors and hedge funds own 91.09% of the company’s stock.

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.