The TJX Companies, Inc. (NYSE:TJX) Given Average Recommendation of “Buy” by Analysts

Shares of The TJX Companies, Inc. (NYSE:TJX) have earned an average recommendation of “Buy” from the twenty-four ratings firms that are covering the stock, Marketbeat Ratings reports. Twenty-two analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. The average 12 month price target among analysts that have covered the stock in the last year is $163.8571.

TJX has been the topic of a number of research analyst reports. TD Cowen reissued a “buy” rating on shares of TJX Companies in a research note on Thursday, November 20th. Wells Fargo & Company reiterated a “positive” rating and set a $150.00 price objective (up previously from $145.00) on shares of TJX Companies in a research report on Tuesday, December 16th. Deutsche Bank Aktiengesellschaft set a $184.00 price target on shares of TJX Companies in a research report on Thursday, January 8th. Wall Street Zen upgraded shares of TJX Companies from a “hold” rating to a “buy” rating in a research report on Sunday, January 11th. Finally, The Goldman Sachs Group lifted their price objective on TJX Companies from $163.00 to $170.00 and gave the company a “buy” rating in a research note on Thursday, November 20th.

TJX Companies Price Performance

TJX opened at $147.38 on Friday. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.09 and a quick ratio of 0.43. The firm has a market capitalization of $163.67 billion, a PE ratio of 32.54, a price-to-earnings-growth ratio of 3.10 and a beta of 0.75. The business’s 50-day moving average is $154.07 and its two-hundred day moving average is $143.40. TJX Companies has a 1 year low of $112.10 and a 1 year high of $159.48.

TJX Companies (NYSE:TJX) last issued its quarterly earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 earnings per share for the quarter, topping the consensus estimate of $1.22 by $0.06. The business had revenue of $15.12 billion during the quarter, compared to the consensus estimate of $14.80 billion. TJX Companies had a return on equity of 58.30% and a net margin of 8.68%.The company’s quarterly revenue was up 7.5% on a year-over-year basis. During the same quarter last year, the company earned $1.14 earnings per share. TJX Companies has set its Q4 2026 guidance at 1.330-1.360 EPS and its FY 2026 guidance at 4.630-4.660 EPS. Research analysts anticipate that TJX Companies will post 4.18 earnings per share for the current fiscal year.

TJX Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 5th. Stockholders of record on Thursday, February 12th will be issued a $0.425 dividend. The ex-dividend date is Thursday, February 12th. This represents a $1.70 dividend on an annualized basis and a dividend yield of 1.2%. TJX Companies’s dividend payout ratio is presently 37.53%.

Insiders Place Their Bets

In other news, CEO Ernie Herrman sold 30,000 shares of the company’s stock in a transaction dated Thursday, November 20th. The shares were sold at an average price of $148.81, for a total value of $4,464,300.00. Following the completion of the sale, the chief executive officer directly owned 535,143 shares of the company’s stock, valued at approximately $79,634,629.83. This represents a 5.31% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Amy B. Lane sold 500 shares of the company’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 value of $75,700.00. Following the sale, the director owned 22,212 shares of the company’s stock, valued at $3,362,896.80. This trade represents a 2.20% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 54,863 shares of company stock worth $8,226,366 over the last ninety days. Insiders own 0.13% of the company’s stock.

Institutional Investors Weigh In On TJX Companies

Institutional investors have recently made changes to their positions in the stock. Ashton Thomas Private Wealth LLC increased its stake in shares of TJX Companies by 2.8% during the 4th quarter. Ashton Thomas Private Wealth LLC now owns 33,120 shares of the apparel and home fashions retailer’s stock worth $5,088,000 after purchasing an additional 913 shares in the last quarter. Howard Wealth Management LLC acquired a new stake in shares of TJX Companies during the fourth quarter worth $205,000. RMR Wealth Builders boosted its stake in TJX Companies by 8.7% in the 4th quarter. RMR Wealth Builders now owns 19,303 shares of the apparel and home fashions retailer’s stock worth $2,965,000 after buying an additional 1,541 shares during the last quarter. Anchyra Partners LLC acquired a new stake in shares of TJX Companies in the fourth quarter worth approximately $508,000. Finally, Nippon Life Global Investors Americas Inc. grew its stake in shares of TJX Companies by 7.1% during the 4th quarter. Nippon Life Global Investors Americas Inc. now owns 192,800 shares of the apparel and home fashions retailer’s stock valued at $29,616,000 after buying an additional 12,720 shares during the period. 91.09% of the stock is currently owned by hedge funds and other institutional investors.

TJX Companies Company Profile

TJX Companies, Inc is a leading off-price retailer of apparel, footwear, home fashions and other consumer goods. The company operates multiple retail concepts that offer discounted brand-name and designer merchandise, including well-known banners such as T.J. Maxx and Marshalls in the United States, HomeGoods for home furnishings, TK Maxx in parts of Europe, and Winners and Homesense in Canada. Merchandise categories span women’s, men’s and children’s apparel, accessories, beauty, home décor, kitchenware and small furniture, with frequent changes in assortment that create a “treasure-hunt” shopping experience for consumers.

The company’s business model centers on opportunistic buying, purchasing excess, irregular or out-of-season inventory from manufacturers, department stores and other suppliers, and passing savings to customers through lower prices.