TJX Companies (NYSE:TJX) Stock Rating Upgraded by Wall Street Zen

TJX Companies (NYSE:TJX) was upgraded by investment analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a note issued to investors on Sunday.

A number of other research analysts have also recently weighed in on TJX. Bank of America boosted their target price on shares of TJX Companies from $150.00 to $168.00 and gave the company a “buy” rating in a research note on Thursday, November 20th. Cowen reissued a “buy” rating on shares of TJX Companies in a report on Thursday, November 20th. Sanford C. Bernstein reissued an “outperform” rating and issued a $170.00 target price on shares of TJX Companies in a research report on Tuesday, January 6th. Citigroup reaffirmed a “buy” rating and set a $168.00 price target (up previously from $160.00) on shares of TJX Companies in a research report on Thursday, November 20th. Finally, Deutsche Bank Aktiengesellschaft set a $184.00 price target on TJX Companies in a research note on Thursday. Two investment analysts have rated the stock with a Strong Buy rating and twenty-four have issued a Buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of $163.86.

TJX Companies Price Performance

Shares of NYSE:TJX opened at $157.02 on Friday. TJX Companies has a twelve month low of $112.10 and a twelve month high of $159.48. The stock’s 50 day moving average is $152.00 and its 200-day moving average is $141.04. The company has a quick ratio of 0.43, a current ratio of 1.09 and a debt-to-equity ratio of 0.20. The firm has a market capitalization of $174.36 billion, a price-to-earnings ratio of 34.66, a PEG ratio of 3.54 and a beta of 0.75.

TJX Companies (NYSE:TJX) last issued its quarterly earnings data 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. TJX Companies had a return on equity of 58.30% and a net margin of 8.68%.The firm had revenue of $15.12 billion during the quarter, compared to analyst estimates of $14.80 billion. During the same period in the previous year, the company posted $1.14 EPS. The company’s revenue for the quarter was up 7.5% on a year-over-year basis. 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. Sell-side analysts forecast that TJX Companies will post 4.18 EPS for the current fiscal year.

Insider Transactions at TJX Companies

In other TJX Companies news, CEO Ernie Herrman sold 24,363 shares of the firm’s stock in a transaction on Friday, November 21st. The shares were sold at an average price of $151.31, for a total value of $3,686,365.53. Following the completion of the transaction, the chief executive officer directly owned 510,780 shares of the company’s stock, valued at $77,286,121.80. This trade represents a 4.55% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Amy B. Lane sold 500 shares of the company’s stock in a transaction on Friday, November 21st. The stock was sold at an average price of $151.40, for a total transaction of $75,700.00. Following the completion of the transaction, the director directly owned 22,212 shares in the company, valued at approximately $3,362,896.80. The trade was a 2.20% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 54,863 shares of company stock worth $8,226,366. Insiders own 0.13% of the company’s stock.

Hedge Funds Weigh In On TJX Companies

Several hedge funds and other institutional investors have recently added to or reduced their stakes in TJX. Thompson Davis & CO. Inc. boosted its position in shares of TJX Companies by 7.0% during the 4th quarter. Thompson Davis & CO. Inc. now owns 3,815 shares of the apparel and home fashions retailer’s stock valued at $586,000 after acquiring an additional 250 shares during the last quarter. Corundum Group Inc. purchased a new stake in TJX Companies in the fourth quarter valued at approximately $354,000. Roble Belko & Company Inc lifted its position in TJX Companies by 2.2% during the fourth quarter. Roble Belko & Company Inc now owns 32,176 shares of the apparel and home fashions retailer’s stock valued at $4,943,000 after purchasing an additional 698 shares during the last quarter. First Merchants Corp grew its stake in TJX Companies by 0.9% in the 4th quarter. First Merchants Corp now owns 105,475 shares of the apparel and home fashions retailer’s stock worth $16,202,000 after buying an additional 984 shares in the last quarter. Finally, World Equity Group Inc. increased its holdings in shares of TJX Companies by 55.4% in the 4th quarter. World Equity Group Inc. now owns 6,232 shares of the apparel and home fashions retailer’s stock worth $957,000 after buying an additional 2,222 shares during the last quarter. 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.