Brokerages Set The TJX Companies, Inc. (NYSE:TJX) PT at $171.63

The TJX Companies, Inc. (NYSE:TJX) has been given an average rating of “Moderate Buy” by the twenty-two ratings firms that are presently covering the stock, MarketBeat reports. Four research analysts have rated the stock with a hold rating, sixteen have issued a buy rating and two have assigned a strong buy rating to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $171.6316.

A number of brokerages have issued reports on TJX. Weiss Ratings cut TJX Companies from a “buy (b+)” rating to a “buy (b)” rating in a research report on Tuesday, July 21st. Wall Street Zen downgraded shares of TJX Companies from a “buy” rating to a “hold” rating in a report on Saturday, August 22nd. Gordon Haskett reiterated an “accumulate” rating and issued a $155.00 target price on shares of TJX Companies in a research note on Thursday, August 20th. Erste Group Bank downgraded shares of TJX Companies from a “buy” rating to a “hold” rating in a report on Wednesday, July 15th. Finally, Sanford C. Bernstein reissued an “outperform” rating and set a $175.00 target price on shares of TJX Companies in a research report on Tuesday, August 25th.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. BlackRock Inc. acquired a new stake in TJX Companies in the 2nd quarter worth $16,489,926,000. Geode Capital Management LLC grew its position in TJX Companies by 2.6% during the fourth quarter. Geode Capital Management LLC now owns 27,011,104 shares of the apparel and home fashions retailer’s stock worth $4,134,174,000 after buying an additional 673,690 shares in the last quarter. Bank of America Corp DE acquired a new stake in TJX Companies during the second quarter worth about $3,511,553,000. Capital International Investors increased its stake in TJX Companies by 2.0% during the fourth quarter. Capital International Investors now owns 15,986,573 shares of the apparel and home fashions retailer’s stock valued at $2,455,911,000 after acquiring an additional 308,408 shares during the period. Finally, Norges Bank acquired a new position in TJX Companies in the 4th quarter valued at approximately $2,211,975,000. 91.09% of the stock is currently owned by institutional investors and hedge funds.

TJX Companies Trading Up 0.6%

Shares of NYSE:TJX opened at $127.30 on Friday. The stock has a market capitalization of $140.03 billion, a PE ratio of 23.53, a P/E/G ratio of 2.28 and a beta of 0.60. TJX Companies has a 1 year low of $122.78 and a 1 year high of $170.00. The firm has a fifty day moving average price of $144.90 and a 200 day moving average price of $153.18. The company has a current ratio of 1.15, a quick ratio of 0.56 and a debt-to-equity ratio of 0.18.

TJX Companies (NYSE:TJX) last posted its earnings results on Wednesday, August 19th. The apparel and home fashions retailer reported $1.22 earnings per share for the quarter, beating the consensus estimate of $1.19 by $0.03. The company had revenue of $15.18 billion for the quarter, compared to analyst estimates of $15.16 billion. TJX Companies had a return on equity of 56.56% and a net margin of 9.73%.The business’s revenue was up 5.4% compared to the same quarter last year. During the same period last year, the company earned $1.10 earnings per share. TJX Companies has set its FY 2027 guidance at 5.150-5.200 EPS and its Q3 2027 guidance at 1.360-1.380 EPS. Analysts expect that TJX Companies will post 5.22 EPS for the current fiscal year.

TJX Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 3rd. Investors of record on Thursday, November 12th will be given a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend is Thursday, November 12th. TJX Companies’s payout ratio is currently 35.49%.

Key TJX Companies News

Here are the key news stories impacting TJX Companies this week:

• Positive Sentiment: TJX’s distribution model could help it manage weather-related disruptions, including a potential El Niño. Management said the off-price retailer can hold merchandise in its distribution network rather than immediately sending it to stores, providing flexibility to adjust inventory and timing. TJX CEO: Distribution model will help weather El Niño
• Positive Sentiment: TJX reaffirmed its quarterly dividend of $0.48 per share, payable December 3 to shareholders of record November 12. The dividend represents an annualized payout of $1.92 and a yield of approximately 1.5%, reinforcing the company’s shareholder-return appeal. TJX Companies Stock Is Trending After-Hours
• Neutral Sentiment: TJX appointed Craig A. Pintoff, an executive vice president, as an independent director and member of the Audit and Finance Committee. The addition broadens board oversight but is not expected to materially change near-term earnings. TJX Appoints Craig A. Pintoff to Board
• Negative Sentiment: TJX shares have declined 10.1% since the latest earnings report, despite the company exceeding quarterly EPS and revenue expectations. Investors appear focused on forward earnings estimates and whether expectations adequately reflect the company’s outlook, rather than on the reported-quarter results alone. Why Is TJX Down 10.1% Since Last Earnings Report?
• Negative Sentiment: The stock remains below its 50-day and 200-day moving averages, signaling continued technical weakness and potentially contributing to investor caution.

TJX Companies Company Profile

The TJX Companies, Inc is an off-price retailer specializing in apparel and home fashions. The company sells brand-name, designer and other merchandise at prices generally below those of full-price retailers. Its product assortment includes women’s, men’s and children’s clothing, footwear, accessories, beauty products, home furnishings, decor and other household goods.

TJX operates through a portfolio of retail banners, including T.J. Maxx, Marshalls, HomeGoods, Sierra and Homesense in the United States; Winners, HomeSense and Marshalls in Canada; and TK Maxx and Homesense in Europe and Australia.