TJX Companies (NYSE:TJX – Get Free Report)‘s stock had its “buy” rating reissued by stock analysts at BTIG Research in a note issued to investors on Thursday,Benzinga reports. They currently have a $190.00 price objective on the apparel and home fashions retailer’s stock. BTIG Research’s target price points to a potential upside of 35.00% from the company’s current price.
A number of other research analysts also recently weighed in on the stock. Gordon Haskett reaffirmed an “accumulate” rating and issued a $155.00 target price on shares of TJX Companies in a research report on Thursday. Sanford C. Bernstein reissued an “outperform” rating on shares of TJX Companies in a research report on Thursday, May 21st. JPMorgan Chase & Co. increased their price objective on shares of TJX Companies from $173.00 to $174.00 and gave the stock an “overweight” rating in a research note on Monday, May 18th. Robert W. Baird raised their price objective on TJX Companies from $172.00 to $175.00 and gave the company an “outperform” rating in a report on Thursday, May 21st. Finally, Barclays set a $188.00 target price on TJX Companies and gave the company an “overweight” rating in a research report on Thursday. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $173.89.
Get Our Latest Report on TJX Companies
TJX Companies Trading Down 2.6%
TJX Companies (NYSE:TJX – Get Free Report) last released its quarterly earnings data on Wednesday, August 19th. The apparel and home fashions retailer reported $1.22 EPS for the quarter, beating analysts’ consensus estimates of $1.19 by $0.03. The business had revenue of $15.18 billion during the quarter, compared to analysts’ expectations of $15.17 billion. TJX Companies had a net margin of 9.40% and a return on equity of 57.92%. The firm’s quarterly revenue was up 5.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.10 EPS. 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. Equities analysts predict that TJX Companies will post 5.19 earnings per share for the current year.
Insider Buying and Selling at TJX Companies
In other TJX Companies news, Chairman Carol Meyrowitz sold 55,624 shares of TJX Companies stock in a transaction on Tuesday, June 9th. The stock was sold at an average price of $163.65, for a total value of $9,102,867.60. Following the completion of the transaction, the chairman directly 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO John Klinger sold 6,235 shares of the company’s stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $160.77, for a total transaction of $1,002,400.95. Following the sale, the chief financial officer directly owned 64,257 shares of the company’s stock, valued at $10,330,597.89. This represents a 8.84% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 130,367 shares of company stock valued at $20,959,476 over the last ninety days. Company insiders own 0.15% of the company’s stock.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Brighton Jones LLC lifted its stake in shares of TJX Companies by 113.7% in the 4th quarter. Brighton Jones LLC now owns 15,039 shares of the apparel and home fashions retailer’s stock valued at $1,817,000 after acquiring an additional 8,002 shares during the last quarter. Revolve Wealth Partners LLC raised its position 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 during the last quarter. Bison Wealth LLC boosted its stake in shares of TJX Companies by 32.9% during 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 boosted its stake in shares of TJX Companies by 7.6% during the second quarter. United Bank now owns 16,298 shares of the apparel and home fashions retailer’s stock valued at $2,013,000 after purchasing an additional 1,155 shares in the last quarter. Finally, Schnieders Capital Management LLC. bought a new stake in shares of TJX Companies during the second quarter worth about $244,000. Institutional investors own 91.09% of the company’s stock.
More TJX Companies News
Here are the key news stories impacting TJX Companies this week:
- Positive Sentiment: TJX reported adjusted second-quarter earnings of $1.22 per share, above the $1.19 consensus estimate, while sales rose 5.4% year over year to $15.18 billion. Consolidated comparable sales increased 4%, and margins and cash flow were stronger than expected. TJX Q2 Earnings Beat Estimates on Sales Growth and Margin Gains
- Positive Sentiment: Management raised fiscal 2027 adjusted EPS guidance to $5.15-$5.20 and said it is addressing execution issues at Marmaxx. TJX also plans to accelerate store expansion toward a long-term target of approximately 7,500 locations, supporting its growth outlook. TJX Q2 Earnings Call Focuses on Marmaxx Fixes and Faster Store Growth
- Positive Sentiment: Analyst support remains favorable. Gordon Haskett reaffirmed an “Accumulate” rating with a $155 price target, while other analysts have maintained bullish views based on TJX’s discount-retail model and long-term earnings potential. Gordon Haskett TJX Rating
- Neutral Sentiment: HomeGoods, Canada and International operations delivered stronger comparable-sales growth of roughly 6%-7%, highlighting diversification outside the core U.S. Marmaxx business. However, management’s plan to fix Marmaxx execution could take time to produce results. TJX Strength in HomeGoods, Canada, and International as Marmaxx Lags
- Negative Sentiment: Marmaxx, which includes TJ Maxx and Marshalls, posted only 1% comparable-sales growth and fell short of internal expectations. Investors viewed this as a meaningful concern because it affects TJX’s largest operating segment and may signal softer consumer spending. TJX Slips as Investors Look Past Headline Beat
- Negative Sentiment: Near-term guidance and earnings quality tempered the positive results. The outlook was viewed as cautious relative to elevated expectations, while approximately $0.14 per share of second-quarter benefit came from tariff refunds rather than core operations. This prompted investors to discount the headline beat and sell the stock.
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.
Featured Stories
- Five stocks we like better than TJX Companies
- Forget Chips: These 3 Stocks Are Building the AI Data Center Boom
- AIxCrypto Dumps Its Crypto and Goes All In on Robotics
- AST SpaceMobile’s FCC Test Arrives as Investors Weigh a Costly Q2 Miss
- Viking Stock Fell After Earnings, But the Numbers Tell a Different Story
Receive News & Ratings for TJX Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TJX Companies and related companies with MarketBeat.com's FREE daily email newsletter.
