Gordon Haskett Reiterates "Accumulate" Rating for TJX Companies (NYSE:TJX)

Key Points

• Gordon Haskett reiterated its “Accumulate” rating on TJX Companies and set a $155 price target, implying approximately 7% upside from the stock’s $144.88 opening price.
• TJX reported quarterly EPS of $1.22, beating estimates of $1.19, while revenue rose 5.4% year over year to $15.18 billion. The company raised fiscal 2027 EPS guidance to $5.15–$5.20.
• Despite strong results and a broad analyst consensus of “Buy,” shares fell 4% as investors focused on weaker 1% comparable-sales growth at TJ Maxx and Marshalls, tariff-related profit support, and softer expectations for the next quarter.

TJX Companies (NYSE:TJX - Get Free Report)'s stock had its "accumulate" rating reiterated by stock analysts at Gordon Haskett in a report released on Thursday,Benzinga reports. They presently have a $155.00 target price on the apparel and home fashions retailer's stock. Gordon Haskett's price target would indicate a potential upside of 6.98% from the company's current price.

A number of other research firms have also issued reports on TJX. Citigroup lowered shares of TJX Companies from a "buy" rating to a "neutral" rating in a research note on Thursday. Wall Street Zen upgraded shares of TJX Companies from a "hold" rating to a "buy" rating in a report on Saturday, July 18th. BTIG Research raised their price target on TJX Companies from $185.00 to $190.00 and gave the company a "buy" rating in a research report on Thursday, May 21st. Telsey Advisory Group lifted their price objective on TJX Companies from $175.00 to $185.00 and gave the stock an "outperform" rating in a research note on Thursday, May 21st. Finally, UBS Group reissued a "buy" rating on shares of TJX Companies in a research report on Tuesday, June 9th. Two equities research 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 stock. Based on data from MarketBeat, the stock presently has an average rating of "Buy" and an average target price of $176.63.

TJX Companies Stock Down 4.0%

TJX opened at $144.88 on Thursday. The firm has a market cap of $160.05 billion, a P/E ratio of 28.13, a price-to-earnings-growth ratio of 3.26 and a beta of 0.62. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.54 and a current ratio of 1.14. The business has a 50 day moving average price of $156.73 and a 200 day moving average price of $156.81. TJX Companies has a twelve month low of $134.74 and a twelve month high of $170.00.

TJX Companies (NYSE:TJX - Get Free Report) last announced its quarterly 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 return on equity of 57.92% and a net margin of 9.40%.The company had revenue of $15.18 billion for the quarter, compared to the consensus estimate of $15.17 billion. During the same quarter last year, the company posted $1.10 earnings per share. The company'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. Research analysts forecast that TJX Companies will post 5.19 EPS for the current year.

Insider Activity at TJX Companies

In related news, CFO John Klinger sold 6,235 shares of the stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $160.77, for a total value of $1,002,400.95. Following the completion of the sale, the chief financial officer owned 64,257 shares in the company, valued at approximately $10,330,597.89. This trade represents a 8.84% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Ernie Herrman sold 29,549 shares of TJX Companies stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $157.46, for a total value of $4,652,785.54. Following the sale, the chief executive officer directly owned 552,850 shares in the company, valued at approximately $87,051,761. This trade represents a 5.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 130,367 shares of company stock worth $20,959,476 over the last ninety days. Corporate insiders own 0.15% of the company's stock.

Institutional Trading of TJX Companies

Institutional investors and hedge funds have recently modified their holdings of the company. Coston McIsaac & Partners increased its holdings in TJX Companies by 11.3% in the 1st quarter. Coston McIsaac & Partners now owns 628 shares of the apparel and home fashions retailer's stock valued at $100,000 after buying an additional 64 shares during the period. Kohmann Bosshard Financial Services LLC lifted its holdings in shares of TJX Companies by 11.0% during the 1st quarter. Kohmann Bosshard Financial Services LLC now owns 666 shares of the apparel and home fashions retailer's stock worth $106,000 after acquiring an additional 66 shares during the period. HBW Advisory Services LLC boosted its position in shares of TJX Companies by 5.1% during the 2nd quarter. HBW Advisory Services LLC now owns 1,357 shares of the apparel and home fashions retailer's stock valued at $206,000 after acquiring an additional 66 shares in the last quarter. Hohimer Wealth Management LLC increased its stake in TJX Companies by 1.2% in the fourth quarter. Hohimer Wealth Management LLC now owns 5,595 shares of the apparel and home fashions retailer's stock valued at $859,000 after acquiring an additional 66 shares during the period. Finally, Verde Capital Management increased its stake in TJX Companies by 0.7% in the fourth quarter. Verde Capital Management now owns 10,022 shares of the apparel and home fashions retailer's stock valued at $1,539,000 after acquiring an additional 67 shares during the period. 91.09% of the stock is currently owned by institutional investors.

Key Headlines Impacting 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

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.

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