TJX Companies (NYSE:TJX) Given New $162.00 Price Target at TD Cowen

TJX Companies (NYSE:TJX) had its target price lifted by equities researchers at TD Cowen from $160.00 to $162.00 in a research note issued on Monday,Benzinga reports. The firm presently has a “buy” rating on the apparel and home fashions retailer’s stock. TD Cowen’s target price suggests a potential upside of 10.84% from the stock’s current price.

Other equities research analysts also recently issued research reports about the company. UBS Group reissued a “buy” rating and issued a $172.00 price target on shares of TJX Companies in a report on Tuesday, November 4th. Weiss Ratings reaffirmed a “buy (b+)” rating on shares of TJX Companies in a research report on Wednesday, October 8th. Wall Street Zen raised shares of TJX Companies from a “hold” rating to a “buy” rating in a research report on Saturday, August 23rd. Sanford C. Bernstein raised their price target on shares of TJX Companies from $145.00 to $152.00 and gave the stock an “outperform” rating in a report on Thursday, August 21st. Finally, Bank of America upped their target price on TJX Companies from $145.00 to $150.00 and gave the company a “buy” rating in a research report on Thursday, August 21st. 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. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $150.50.

TJX Companies Stock Up 1.1%

Shares of NYSE TJX traded up $1.55 during trading hours on Monday, hitting $146.16. 1,440,043 shares of the stock were exchanged, compared to its average volume of 5,179,846. TJX Companies has a 12 month low of $112.10 and a 12 month high of $146.46. The firm has a fifty day moving average price of $141.57 and a 200-day moving average price of $132.84. 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 company has a market cap of $162.66 billion, a PE ratio of 33.28, a PEG ratio of 3.14 and a beta of 0.90.

TJX Companies (NYSE:TJX) last released its quarterly earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.09. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. The business had revenue of $14.40 billion for the quarter, compared to analyst estimates of $14.12 billion. During the same period in the previous year, the company earned $0.96 earnings per share. The business’s revenue for the quarter was up 6.9% on a year-over-year basis. TJX Companies has set its FY 2026 guidance at 4.520-4.570 EPS. Q3 2026 guidance at 1.170-1.190 EPS. On average, sell-side analysts expect that TJX Companies will post 4.18 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the stock. FCG Investment Co bought a new position in TJX Companies in the 1st quarter valued at about $2,620,000. MinichMacGregor Wealth Management LLC acquired a new stake in shares of TJX Companies in the 2nd quarter worth approximately $5,045,000. Infusive Asset Management Inc. boosted its holdings in shares of TJX Companies by 30.1% in the first quarter. Infusive Asset Management Inc. now owns 27,730 shares of the apparel and home fashions retailer’s stock valued at $3,378,000 after acquiring an additional 6,415 shares in the last quarter. ING Groep NV increased its stake in shares of TJX Companies by 10.7% during the first quarter. ING Groep NV now owns 159,443 shares of the apparel and home fashions retailer’s stock valued at $19,420,000 after acquiring an additional 15,390 shares during the period. Finally, Brooklyn Investment Group increased its stake in shares of TJX Companies by 65.8% during the first quarter. Brooklyn Investment Group now owns 7,983 shares of the apparel and home fashions retailer’s stock valued at $972,000 after acquiring an additional 3,168 shares during the period. 91.09% of the stock is currently owned by hedge funds and other 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.