TJX Companies’ (TJX) Accumulate Rating Reaffirmed at Gordon Haskett

TJX Companies (NYSE:TJX)‘s stock had its “accumulate” rating restated by Gordon Haskett in a research note issued to investors on Thursday,Benzinga reports. They currently have a $155.00 target price on the apparel and home fashions retailer’s stock. Gordon Haskett’s target price suggests a potential upside of 6.98% from the company’s previous close.

Several other brokerages also recently issued reports on TJX. BTIG Research lifted their price target on shares of TJX Companies from $185.00 to $190.00 and gave the company a “buy” rating in a report on Thursday, May 21st. Erste Group Bank lowered shares of TJX Companies from a “buy” rating to a “hold” rating in a report on Wednesday, July 15th. Robert W. Baird lifted their target price on shares of TJX Companies from $172.00 to $175.00 and gave the company an “outperform” rating in a research note on Thursday, May 21st. Morgan Stanley reissued an “overweight” rating on shares of TJX Companies in a report on Thursday, August 6th. Finally, Evercore restated an “outperform” rating and set a $175.00 price target on shares of TJX Companies in a research report on Thursday, May 21st. Two analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $176.63.

TJX Companies Stock Performance

TJX Companies stock opened at $144.88 on Thursday. The firm has a market capitalization of $160.05 billion, a P/E ratio of 28.13, a P/E/G ratio of 3.26 and a beta of 0.62. The stock has a fifty day moving average price of $156.73 and a two-hundred day moving average price of $156.81. TJX Companies has a 52-week low of $134.74 and a 52-week high of $170.00. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.14 and a quick ratio of 0.54.

TJX Companies (NYSE:TJX) last issued its earnings results on Wednesday, August 19th. The apparel and home fashions retailer reported $1.22 EPS for the quarter, beating the consensus estimate of $1.19 by $0.03. TJX Companies had a net margin of 9.40% and a return on equity of 57.92%. The company had revenue of $15.18 billion for the quarter, compared to the consensus estimate of $15.17 billion. During the same quarter in the previous year, the company earned $1.10 EPS. The firm’s revenue for the quarter was up 5.4% compared to the same quarter last year. 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. As a group, analysts anticipate that TJX Companies will post 5.19 EPS for the current fiscal year.

Insider Buying and Selling at TJX Companies

In other TJX Companies news, CFO John Klinger sold 6,235 shares of TJX Companies stock in a transaction on Friday, June 5th. The shares were sold at an average price of $160.77, for a total transaction of $1,002,400.95. Following the completion of the sale, the chief financial officer owned 64,257 shares of the company’s stock, valued at approximately $10,330,597.89. The trade was a 8.84% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Chairman Carol Meyrowitz sold 55,624 shares of the company’s stock in a transaction on Tuesday, June 9th. The shares were sold at an average price of $163.65, for a total transaction of $9,102,867.60. Following the sale, the chairman owned 201,496 shares of the company’s stock, valued at $32,974,820.40. The trade was a 21.63% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 130,367 shares of company stock worth $20,959,476 over the last quarter. 0.15% of the stock is currently owned by insiders.

Institutional Investors Weigh In On TJX Companies

A number of institutional investors and hedge funds have recently added to or reduced their stakes in TJX. Brighton Jones LLC boosted its stake in TJX Companies by 113.7% during the 4th quarter. Brighton Jones LLC now owns 15,039 shares of the apparel and home fashions retailer’s stock worth $1,817,000 after acquiring an additional 8,002 shares during the last quarter. Revolve Wealth Partners LLC increased its stake in TJX Companies by 12.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 2,172 shares of the apparel and home fashions retailer’s stock valued at $262,000 after purchasing an additional 235 shares in the last quarter. Bison Wealth LLC increased its stake in TJX Companies by 32.9% in the fourth quarter. Bison Wealth LLC now owns 3,856 shares of the apparel and home fashions retailer’s stock valued at $466,000 after purchasing an additional 955 shares in the last quarter. United Bank raised its holdings in TJX Companies by 7.6% in the second quarter. United Bank now owns 16,298 shares of the apparel and home fashions retailer’s stock worth $2,013,000 after purchasing an additional 1,155 shares during the period. Finally, Schnieders Capital Management LLC. acquired a new stake in TJX Companies in the second quarter worth $244,000. Institutional investors own 91.09% of the company’s stock.

Trending Headlines about TJX Companies

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

• Positive Sentiment: Solid quarterly results: Fiscal Q2 sales rose 5.4% to $15.18 billion, while adjusted EPS increased 11% year over year to $1.22, exceeding the roughly $1.19 analyst consensus. Consolidated comparable sales grew 4%, and improved margins supported the results. TJX Reports Q2 FY27 Results
• Positive Sentiment: Growth remains broad outside the core U.S. business: HomeGoods, Canada, and International operations reportedly delivered comparable-sales gains of approximately 6% to 7%, demonstrating continued demand for TJX’s off-price merchandise. Management also outlined a long-term target of 7,500 stores and plans to accelerate store growth. TJX Companies: Strength in HomeGoods, Canada, and International
• Neutral Sentiment: Full-year guidance was raised, but the increase was not enough to reassure investors: Fiscal 2027 adjusted EPS guidance was set at $5.15 to $5.20. The improved outlook reflects TJX’s earnings momentum, although expectations for the current year were already high.
• Negative Sentiment: Marmaxx and consumer concerns overshadowed the beat: Comparable sales at TJ Maxx and Marshalls rose only 1%, well below the performance of other divisions. Reports also indicated that part of the quarterly profit benefit came from tariff refunds, raising questions about the quality and sustainability of the earnings gain. Investors were further disappointed by softer-than-expected third-quarter sales or earnings expectations, suggesting that cost-conscious shoppers may be moderating spending. TJX slips as investors look past a headline beat

About TJX Companies

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.