TJX Companies (NYSE:TJX) Now Covered by BTIG Research

Stock analysts at BTIG Research initiated coverage on shares of TJX Companies (NYSE:TJX) in a research note issued on Tuesday, Marketbeat.com reports. The firm set a “buy” rating on the apparel and home fashions retailer’s stock.

Several other analysts also recently commented on the stock. Daiwa Capital Markets began coverage on shares of TJX Companies in a report on Tuesday, July 8th. They issued an “outperform” rating and a $133.00 price objective on the stock. Evercore ISI upped their price objective on shares of TJX Companies from $150.00 to $162.00 and gave the company an “outperform” rating in a report on Thursday, August 21st. UBS Group upped their price objective on shares of TJX Companies from $164.00 to $172.00 and gave the company a “buy” rating in a report on Thursday, August 21st. Morgan Stanley upped their price objective on shares of TJX Companies from $140.00 to $150.00 and gave the company an “overweight” rating in a report on Thursday, August 21st. Finally, Citigroup boosted their target price on shares of TJX Companies from $140.00 to $160.00 and gave the company a “buy” rating in a research note on Thursday, August 21st. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of $148.50.

TJX Companies Stock Up 0.6%

NYSE:TJX opened at $145.00 on Tuesday. The company has a market cap of $161.38 billion, a PE ratio of 33.03, a P/E/G ratio of 3.20 and a beta of 0.92. TJX Companies has a twelve month low of $111.73 and a twelve month high of $146.46. The company has a current ratio of 1.17, a quick ratio of 0.52 and a debt-to-equity ratio of 0.32. The company’s 50 day moving average is $138.88 and its two-hundred day moving average is $130.60.

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

Institutional Investors Weigh In On TJX Companies

Large investors have recently modified their holdings of the business. Norges Bank purchased a new position in TJX Companies during the second quarter worth about $1,808,774,000. Nuveen LLC purchased a new position in TJX Companies during the first quarter worth about $1,330,717,000. Laurel Wealth Advisors LLC boosted its stake in TJX Companies by 12,417.0% during the second quarter. Laurel Wealth Advisors LLC now owns 4,057,273 shares of the apparel and home fashions retailer’s stock worth $501,033,000 after buying an additional 4,024,859 shares during the period. Corient Private Wealth LLC boosted its stake in TJX Companies by 120.7% during the second quarter. Corient Private Wealth LLC now owns 5,016,792 shares of the apparel and home fashions retailer’s stock worth $620,406,000 after buying an additional 2,743,676 shares during the period. Finally, ABN AMRO Bank N.V. purchased a new position in TJX Companies during the second quarter worth about $244,687,000. Hedge funds and other institutional investors own 91.09% of the company’s stock.

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.