The TJX Companies, Inc. (NYSE:TJX) Given Consensus Recommendation of "Buy" by Analysts

Key Points

• The TJX Companies, Inc. has received a consensus recommendation of "Buy" from 25 ratings firms, with an average target price of $148.50.
• Recently, the company reported a quarterly EPS of $1.10, exceeding analyst estimates of $1.01, on revenues of $14.40 billion.
• A quarterly dividend of $0.425 per share was announced, with a dividend yield of 1.2%, set to be paid on December 4th.

The TJX Companies, Inc. (NYSE:TJX - Get Free Report) has been given an average recommendation of "Buy" by the twenty-five ratings firms that are covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a hold rating, twenty-three have assigned a buy rating and one has issued a strong buy rating on the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $148.50.

TJX has been the topic of a number of research reports. Robert W. Baird boosted their price objective on TJX Companies from $143.00 to $152.00 and gave the stock an "outperform" rating in a research note on Thursday, August 21st. Barclays boosted their target price on TJX Companies from $147.00 to $155.00 and gave the stock an "overweight" rating in a research report on Thursday, August 21st. JPMorgan Chase & Co. boosted their target price on TJX Companies from $148.00 to $149.00 and gave the stock an "overweight" rating in a research report on Monday, October 6th. Weiss Ratings reaffirmed a "buy (b+)" rating on shares of TJX Companies in a research report on Wednesday, October 8th. Finally, Macquarie reaffirmed a "buy" rating on shares of TJX Companies in a research report on Monday, August 11th.

TJX Companies Stock Up 0.4%

TJX opened at $143.91 on Wednesday. TJX Companies has a one year low of $111.73 and a one year high of $146.46. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.52 and a current ratio of 1.17. The stock's fifty day moving average is $139.76 and its 200-day moving average is $131.20. The company has a market capitalization of $160.16 billion, a PE ratio of 32.78, a P/E/G ratio of 3.18 and a beta of 0.92.

TJX Companies (NYSE:TJX - Get Free Report) last posted its quarterly earnings data on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 EPS for the quarter, topping analysts' consensus estimates of $1.01 by $0.09. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.The company had revenue of $14.40 billion for the quarter, compared to the consensus estimate of $14.12 billion. During the same quarter in the previous year, the business earned $0.96 EPS. The company's quarterly revenue was up 6.9% compared to the same quarter last year. TJX Companies has set its FY 2026 guidance at 4.520-4.570 EPS. Q3 2026 guidance at 1.170-1.190 EPS. On average, equities analysts predict that TJX Companies will post 4.18 EPS for the current fiscal year.

TJX Companies Dividend Announcement

The business 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 of this dividend is Thursday, November 13th. This represents a $1.70 dividend on an annualized basis and a dividend yield of 1.2%. TJX Companies's payout ratio is 38.72%.

Institutional Investors Weigh In On TJX Companies

A number of institutional investors and hedge funds have recently modified their holdings of TJX. Valley National Advisers Inc. raised its position in TJX Companies by 2.3% during the third quarter. Valley National Advisers Inc. now owns 3,271 shares of the apparel and home fashions retailer's stock valued at $472,000 after buying an additional 73 shares during the period. Ignite Planners LLC raised its position in TJX Companies by 3.8% during the second quarter. Ignite Planners LLC now owns 2,130 shares of the apparel and home fashions retailer's stock valued at $260,000 after buying an additional 77 shares during the period. Banco de Sabadell S.A raised its position in TJX Companies by 0.4% during the second quarter. Banco de Sabadell S.A now owns 20,951 shares of the apparel and home fashions retailer's stock valued at $2,587,000 after buying an additional 77 shares during the period. Carr Financial Group Corp raised its position in TJX Companies by 2.5% during the third quarter. Carr Financial Group Corp now owns 3,180 shares of the apparel and home fashions retailer's stock valued at $460,000 after buying an additional 77 shares during the period. Finally, Revolve Wealth Partners LLC raised its position in TJX Companies by 3.3% during the second quarter. Revolve Wealth Partners LLC now owns 2,453 shares of the apparel and home fashions retailer's stock valued at $303,000 after buying an additional 79 shares during the period. 91.09% of the stock is owned by institutional investors and hedge funds.

TJX Companies Company Profile

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.

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