TJX Companies (NYSE:TJX) Stock Price Expected to Rise, TD Cowen Analyst Says

TJX Companies (NYSE:TJX) had its target price increased by equities research analysts at TD Cowen from $162.00 to $167.00 in a note issued to investors on Thursday,Benzinga reports. The brokerage presently has a “buy” rating on the apparel and home fashions retailer’s stock. TD Cowen’s target price would indicate a potential upside of 10.26% from the company’s current price.

TJX has been the topic of several other research reports. Macquarie reissued a “buy” rating on shares of TJX Companies in a research report on Monday, August 11th. Telsey Advisory Group reaffirmed an “outperform” rating and set a $170.00 target price (up from $155.00) on shares of TJX Companies in a research note on Wednesday. Morgan Stanley reiterated an “overweight” rating and issued a $162.00 target price (up from $159.00) on shares of TJX Companies in a report on Thursday. UBS Group restated a “buy” rating and set a $172.00 price target on shares of TJX Companies in a report on Tuesday, November 4th. Finally, Erste Group Bank started coverage on TJX Companies in a report on Friday, September 5th. They issued a “buy” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, TJX Companies presently has a consensus rating of “Buy” and an average target price of $158.90.

TJX Companies Price Performance

TJX stock opened at $151.46 on Thursday. TJX Companies has a 1 year low of $112.10 and a 1 year high of $152.58. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.17 and a quick ratio of 0.52. The firm has a market capitalization of $168.57 billion, a PE ratio of 34.50, a price-to-earnings-growth ratio of 3.14 and a beta of 0.90. The business has a 50 day simple moving average of $143.04 and a 200-day simple moving average of $134.10.

TJX Companies (NYSE:TJX) last released its quarterly earnings data on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 earnings per share for the quarter, topping analysts’ consensus estimates of $1.22 by $0.06. The company had revenue of $15.12 billion for the quarter, compared to analyst estimates of $14.80 billion. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.The firm’s revenue for the quarter was up 7.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.14 earnings per share. TJX Companies has set its Q4 2026 guidance at 1.330-1.360 EPS. FY 2026 guidance at 4.630-4.660 EPS. Equities research analysts anticipate that TJX Companies will post 4.18 earnings per share for the current fiscal year.

Insider Buying and Selling

In other TJX Companies news, CEO Ernie Herrman sold 30,000 shares of the company’s stock in a transaction on Thursday, November 20th. The stock was sold at an average price of $148.81, for a total transaction of $4,464,300.00. Following the transaction, the chief executive officer directly owned 535,143 shares in the company, valued at $79,634,629.83. This represents a 5.31% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Amy B. Lane sold 500 shares of the firm’s stock in a transaction on Friday, November 21st. The stock was sold at an average price of $151.40, for a total value of $75,700.00. Following the transaction, the director owned 22,212 shares of the company’s stock, valued at approximately $3,362,896.80. This represents a 2.20% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 54,863 shares of company stock valued at $8,226,366 in the last ninety days. 0.13% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On TJX Companies

Hedge funds have recently bought and sold shares of the company. Brighton Jones LLC grew its position in TJX Companies by 113.7% in the 4th quarter. Brighton Jones LLC now owns 15,039 shares of the apparel and home fashions retailer’s stock valued at $1,817,000 after acquiring an additional 8,002 shares in the last quarter. Revolve Wealth Partners LLC boosted its stake in shares of TJX Companies by 12.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 2,172 shares of the apparel and home fashions retailer’s stock valued at $262,000 after purchasing an additional 235 shares during the period. Bison Wealth LLC grew its holdings in shares of TJX Companies by 32.9% in the fourth quarter. Bison Wealth LLC now owns 3,856 shares of the apparel and home fashions retailer’s stock valued at $466,000 after purchasing an additional 955 shares in the last quarter. Ignite Planners LLC acquired a new position in shares of TJX Companies in the first quarter valued at approximately $262,000. Finally, Wedbush Securities Inc. increased its stake in TJX Companies by 14.3% during the 1st quarter. Wedbush Securities Inc. now owns 17,859 shares of the apparel and home fashions retailer’s stock worth $2,175,000 after buying an additional 2,229 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.