TJX Companies (NYSE:TJX) Reaches New 1-Year High – Time to Buy?

The TJX Companies, Inc. (NYSE:TJX)’s share price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $157.83 and last traded at $156.8460, with a volume of 285073 shares trading hands. The stock had previously closed at $156.71.

Wall Street Analyst Weigh In

TJX has been the topic of a number of research analyst reports. Robert W. Baird increased their target price on TJX Companies from $160.00 to $165.00 and gave the company an “outperform” rating in a research note on Thursday, December 4th. Sanford C. Bernstein raised their price target on TJX Companies from $152.00 to $155.00 and gave the stock an “outperform” rating in a research note on Thursday, November 20th. Morgan Stanley reissued an “overweight” rating and issued a $162.00 target price (up previously from $159.00) on shares of TJX Companies in a research report on Thursday, November 20th. Bank of America lifted their price target on shares of TJX Companies from $150.00 to $168.00 and gave the company a “buy” rating in a research report on Thursday, November 20th. Finally, JPMorgan Chase & Co. lifted their price objective on TJX Companies from $150.00 to $154.00 and gave the company an “overweight” rating in a research note on Thursday, November 20th. Two research analysts have rated the stock with a Strong Buy rating and twenty-three have issued a Buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $161.35.

TJX Companies Stock Up 0.0%

The company’s fifty day moving average is $146.70 and its 200-day moving average is $136.76. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.43 and a current ratio of 1.09. The company has a market capitalization of $174.03 billion, a PE ratio of 34.60, a price-to-earnings-growth ratio of 3.50 and a beta of 0.76.

TJX Companies (NYSE:TJX) last issued its 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. TJX Companies had a net margin of 8.68% and a return on equity of 58.30%. The company had revenue of $15.12 billion during the quarter, compared to the consensus estimate of $14.80 billion. During the same quarter in the prior year, the firm posted $1.14 EPS. TJX Companies’s quarterly revenue was up 7.5% compared to the same quarter last year. 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. As a group, analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 5th. Shareholders of record on Thursday, February 12th will be paid a $0.425 dividend. The ex-dividend date is Thursday, February 12th. This represents a $1.70 annualized dividend and a yield of 1.1%. TJX Companies’s payout ratio is presently 37.53%.

Insider Transactions at TJX Companies

In other TJX Companies news, CEO Ernie Herrman sold 30,000 shares of TJX Companies stock in a transaction that occurred on Thursday, November 20th. The stock was sold at an average price of $148.81, for a total value of $4,464,300.00. Following the sale, the chief executive officer owned 535,143 shares of the company’s stock, valued at $79,634,629.83. The trade was a 5.31% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 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 directly owned 22,212 shares in the company, valued at $3,362,896.80. This trade represents a 2.20% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 54,863 shares of company stock valued at $8,226,366. Company insiders own 0.13% of the company’s stock.

Institutional Trading of TJX Companies

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TJX. Vanguard Group Inc. grew its position in TJX Companies by 0.8% in the 3rd quarter. Vanguard Group Inc. now owns 101,961,786 shares of the apparel and home fashions retailer’s stock valued at $14,737,557,000 after acquiring an additional 820,730 shares during the last quarter. State Street Corp raised its position in shares of TJX Companies by 0.6% in the 2nd quarter. State Street Corp now owns 48,595,536 shares of the apparel and home fashions retailer’s stock worth $6,001,063,000 after acquiring an additional 285,737 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of TJX Companies by 1.2% during the second quarter. Geode Capital Management LLC now owns 26,070,916 shares of the apparel and home fashions retailer’s stock valued at $3,205,927,000 after buying an additional 301,127 shares during the last quarter. Capital International Investors lifted its position in TJX Companies by 4.2% during the third quarter. Capital International Investors now owns 15,678,165 shares of the apparel and home fashions retailer’s stock valued at $2,266,066,000 after acquiring an additional 630,574 shares during the last quarter. Finally, Norges Bank acquired a new stake in shares of TJX Companies in the 2nd quarter worth $1,808,774,000. 91.09% of the stock is owned by hedge funds and other institutional investors.

About TJX Companies

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.