Sanford C. Bernstein Forecasts Strong Price Appreciation for TJX Companies (NYSE:TJX) Stock

TJX Companies (NYSE:TJX) had its target price boosted by stock analysts at Sanford C. Bernstein from $152.00 to $155.00 in a research note issued on Thursday, Marketbeat.com reports. The firm presently has an “outperform” rating on the apparel and home fashions retailer’s stock. Sanford C. Bernstein’s price objective would indicate a potential upside of 2.34% from the stock’s previous close.

TJX has been the subject of several other research reports. Macquarie reiterated a “buy” rating on shares of TJX Companies in a research note on Monday, August 11th. UBS Group reaffirmed a “buy” rating and issued a $172.00 price target on shares of TJX Companies in a report on Tuesday, November 4th. Bank of America increased their price objective on shares of TJX Companies from $150.00 to $168.00 and gave the stock a “buy” rating in a research note on Thursday. TD Cowen raised their target price on shares of TJX Companies from $160.00 to $162.00 and gave the stock a “buy” rating in a report on Monday, November 10th. Finally, Wells Fargo & Company set a $140.00 target price on TJX Companies and gave the company an “equal weight” rating in a report on Monday, October 27th. One 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’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $158.90.

TJX Companies Trading Up 2.3%

Shares of NYSE TJX opened at $151.46 on Thursday. The company has a quick ratio of 0.52, a current ratio of 1.17 and a debt-to-equity ratio of 0.32. The stock’s 50 day moving average price is $143.04 and its two-hundred day moving average price is $134.10. TJX Companies has a 52-week low of $112.10 and a 52-week high of $152.58. The stock has a market capitalization of $168.57 billion, a P/E ratio of 34.50, a PEG ratio of 3.14 and a beta of 0.90.

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, 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 company had revenue of $15.12 billion during the quarter, compared to analyst estimates of $14.80 billion. During the same quarter last year, the firm earned $1.14 EPS. The business’s revenue 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, analysts anticipate that TJX Companies will post 4.18 earnings per share for the current fiscal year.

Insider Activity at TJX Companies

In related news, CEO Ernie Herrman sold 24,363 shares of the stock in a transaction that occurred on Friday, November 21st. The stock was sold at an average price of $151.31, for a total value of $3,686,365.53. Following the completion of the transaction, the chief executive officer directly owned 510,780 shares of the company’s stock, valued at $77,286,121.80. This represents a 4.55% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Amy B. Lane sold 500 shares of the firm’s stock in a transaction that occurred on 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 in the company, valued at approximately $3,362,896.80. This represents a 2.20% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 54,863 shares of company stock worth $8,226,366 in the last 90 days. 0.13% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Dogwood Wealth Management LLC raised its stake in shares of TJX Companies by 102.2% during the third quarter. Dogwood Wealth Management LLC now owns 182 shares of the apparel and home fashions retailer’s stock valued at $26,000 after purchasing an additional 92 shares in the last quarter. Imprint Wealth LLC acquired a new position in TJX Companies during the 3rd quarter valued at about $27,000. GGM Financials LLC bought a new stake in shares of TJX Companies during the 3rd quarter worth about $27,000. Lavaca Capital LLC acquired a new stake in shares of TJX Companies in the 2nd quarter worth approximately $25,000. Finally, Measured Wealth Private Client Group LLC bought a new position in shares of TJX Companies in the third quarter valued at approximately $30,000. Institutional investors 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.