TJX Companies (NYSE:TJX – Get Free Report) had its target price boosted by stock analysts at UBS Group from $172.00 to $181.00 in a research note issued on Thursday,Benzinga reports. The brokerage currently has a “buy” rating on the apparel and home fashions retailer’s stock. UBS Group’s price target would suggest a potential upside of 19.50% from the company’s previous close.
A number of other brokerages also recently weighed in on TJX. Weiss Ratings reissued a “buy (b+)” rating on shares of TJX Companies in a report on Wednesday, October 8th. BTIG Research assumed coverage on shares of TJX Companies in a research note on Tuesday, October 14th. They issued a “buy” rating and a $165.00 target price for the company. The Goldman Sachs Group lifted their target price on TJX Companies from $163.00 to $170.00 and gave the stock a “buy” rating in a research report on Thursday. Erste Group Bank began coverage on TJX Companies in a research report on Friday, September 5th. They issued a “buy” rating for the company. Finally, Wall Street Zen upgraded TJX Companies from a “hold” rating to a “buy” rating in a research report on Saturday, August 23rd. One research analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, TJX Companies currently has a consensus rating of “Buy” and a consensus price target of $158.90.
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TJX Companies Price Performance
TJX Companies (NYSE:TJX – Get Free Report) last issued its quarterly earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 EPS for the quarter, topping analysts’ consensus estimates of $1.22 by $0.06. The company had revenue of $15.12 billion during 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 company’s quarterly revenue was up 7.5% compared to the same quarter last year. During the same period in the previous year, the company earned $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. Research analysts predict that TJX Companies will post 4.18 earnings per share for the current year.
Insider Activity at TJX Companies
In other TJX Companies news, CEO Ernie Herrman sold 30,000 shares of TJX Companies 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 completion of the transaction, the chief executive officer directly owned 535,143 shares of the company’s stock, valued at approximately $79,634,629.83. This trade represents a 5.31% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Amy B. Lane sold 500 shares of the business’s stock in a transaction on Friday, November 21st. The shares were sold at an average price of $151.40, for a total transaction of $75,700.00. Following the completion of the sale, the director owned 22,212 shares in the company, valued at $3,362,896.80. This represents a 2.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 54,863 shares of company stock valued at $8,226,366 in the last 90 days. 0.13% of the stock is owned by corporate insiders.
Hedge Funds Weigh In On TJX Companies
Institutional investors have recently added to or reduced their stakes in the company. Brighton Jones LLC raised its stake in shares of TJX Companies by 113.7% in the fourth 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 during the last quarter. Revolve Wealth Partners LLC increased its holdings in TJX Companies by 12.1% during the 4th 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 in the last quarter. Bison Wealth LLC increased its holdings in TJX Companies by 32.9% during the 4th 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 bought a new position in TJX Companies in the 1st quarter valued at $262,000. Finally, Wedbush Securities Inc. boosted its stake in TJX Companies by 14.3% in the first quarter. Wedbush Securities Inc. now owns 17,859 shares of the apparel and home fashions retailer’s stock worth $2,175,000 after purchasing an additional 2,229 shares in the last quarter. 91.09% of the stock is 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.
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