The TJX Companies, Inc. (NYSE:TJX) Receives Consensus Recommendation of “Buy” from Brokerages

The TJX Companies, Inc. (NYSE:TJX) has received an average recommendation of “Buy” from the twenty-five analysts that are currently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation, twenty-three have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year target price among brokerages that have covered the stock in the last year is $148.50.

Several equities research analysts have weighed in on TJX shares. Daiwa Capital Markets started coverage on TJX Companies in a research report on Tuesday, July 8th. They set an “outperform” rating and a $133.00 price target on the stock. Evercore ISI raised their target price on TJX Companies from $150.00 to $162.00 and gave the company an “outperform” rating in a research report on Thursday, August 21st. Erste Group Bank started coverage on TJX Companies in a research report on Friday, September 5th. They set a “buy” rating on the stock. Daiwa America upgraded TJX Companies to a “strong-buy” rating in a research report on Tuesday, July 8th. Finally, Citigroup raised their target price on TJX Companies from $140.00 to $160.00 and gave the company a “buy” rating in a research report on Thursday, August 21st.

TJX Companies Price Performance

Shares of TJX opened at $141.90 on Wednesday. The business’s 50-day moving average is $140.31 and its two-hundred day moving average is $131.71. The company has a market capitalization of $157.92 billion, a P/E ratio of 32.32, a P/E/G ratio of 3.15 and a beta of 0.92. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.52 and a current ratio of 1.17. TJX Companies has a fifty-two week low of $111.73 and a fifty-two week high of $146.46.

TJX Companies (NYSE:TJX) last announced its quarterly earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.09. The company had revenue of $14.40 billion for the quarter, compared to the consensus estimate of $14.12 billion. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.The firm’s revenue for the quarter was up 6.9% compared to the same quarter last year. During the same period last 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. Research analysts predict that TJX Companies will post 4.18 earnings per share for the current year.

TJX Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 4th. Stockholders of record on Thursday, November 13th will be given a dividend of $0.425 per share. The ex-dividend date is Thursday, November 13th. This represents a $1.70 dividend on an annualized basis and a dividend yield of 1.2%. TJX Companies’s dividend payout ratio (DPR) is 38.72%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Lavaca Capital LLC purchased a new position in TJX Companies in the 2nd quarter valued at about $25,000. TCTC Holdings LLC lifted its stake in TJX Companies by 210.1% in the 1st quarter. TCTC Holdings LLC now owns 214 shares of the apparel and home fashions retailer’s stock valued at $26,000 after buying an additional 145 shares in the last quarter. Princeton Global Asset Management LLC purchased a new position in TJX Companies in the 2nd quarter valued at about $28,000. Howard Hughes Medical Institute purchased a new position in TJX Companies in the 2nd quarter valued at about $30,000. Finally, Legacy Investment Solutions LLC purchased a new position in TJX Companies in the 2nd quarter valued at about $32,000. 91.09% of the stock is owned by hedge funds and other institutional investors.

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.