TJX Companies (NYSE:TJX) Given New $140.00 Price Target at Wells Fargo & Company

Key Points

• Wells Fargo lowered TJX Companies’ price target to $140 from $160 and maintained an “equal weight” rating, implying 1.62% downside from the stock’s $142.30 price. Despite this, the broader analyst consensus remains “Moderate Buy,” with a $173.89 target.
• TJX reported quarterly results slightly above expectations, with EPS of $1.22 versus $1.19 expected and revenue of $15.18 billion, up 5.4% year over year. Management raised fiscal 2027 EPS guidance to $5.15–$5.20 and plans to accelerate store expansion.
• Investors remain concerned about Marmaxx, TJX’s largest segment, which delivered only 1% comparable-sales growth and missed internal expectations. The stock’s recent decline also reflected cautious guidance and a portion of the earnings beat coming from tariff refunds rather than core operations.

TJX Companies (NYSE:TJX - Get Free Report) had its target price lowered by stock analysts at Wells Fargo & Company from $160.00 to $140.00 in a research note issued on Thursday,Benzinga reports. The firm currently has an "equal weight" rating on the apparel and home fashions retailer's stock. Wells Fargo & Company's price target indicates a potential downside of 1.62% from the stock's current price.

Other equities research analysts have also issued research reports about the company. Gordon Haskett reaffirmed an "accumulate" rating and set a $155.00 price target on shares of TJX Companies in a research report on Thursday. Evercore reissued an "outperform" rating and set a $173.00 target price on shares of TJX Companies in a research note on Thursday. BTIG Research lifted their price target on shares of TJX Companies from $185.00 to $190.00 and gave the company a "buy" rating in a research note on Thursday, May 21st. Truist Financial set a $190.00 price objective on shares of TJX Companies and gave the stock a "buy" rating in a research report on Thursday, May 21st. Finally, Robert W. Baird boosted their price objective on shares of TJX Companies from $172.00 to $175.00 and gave the company an "outperform" rating in a research report on Thursday, May 21st. Two research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $173.89.

TJX Companies Trading Down 1.5%

NYSE TJX traded down $2.20 during trading on Thursday, reaching $142.30. 4,072,017 shares of the stock traded hands, compared to its average volume of 5,411,901. TJX Companies has a fifty-two week low of $134.74 and a fifty-two week high of $170.00. The company has a quick ratio of 0.54, a current ratio of 1.14 and a debt-to-equity ratio of 0.18. The firm has a market cap of $157.20 billion, a price-to-earnings ratio of 27.63, a price-to-earnings-growth ratio of 3.26 and a beta of 0.62. The stock's 50-day moving average price is $156.73 and its 200 day moving average price is $156.81.

TJX Companies (NYSE:TJX - Get Free Report) last posted its earnings results on Wednesday, August 19th. The apparel and home fashions retailer reported $1.22 earnings per share for the quarter, topping the consensus estimate of $1.19 by $0.03. The company had revenue of $15.18 billion for the quarter, compared to analyst estimates of $15.17 billion. TJX Companies had a net margin of 9.40% and a return on equity of 57.92%. The business's revenue for the quarter was up 5.4% compared to the same quarter last year. During the same period last year, the business posted $1.10 earnings per share. 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. Analysts predict that TJX Companies will post 5.19 EPS for the current year.

Insider Buying and Selling at TJX Companies

In other TJX Companies news, CEO Ernie Herrman sold 10,002 shares of the business's stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $160.68, for a total transaction of $1,607,121.36. Following the sale, the chief executive officer directly owned 514,848 shares of the company's stock, valued at $82,725,776.64. The trade was a 1.91% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Chairman Carol Meyrowitz sold 55,624 shares of the stock in a transaction dated Tuesday, June 9th. The stock was sold at an average price of $163.65, for a total transaction of $9,102,867.60. Following the transaction, the chairman owned 201,496 shares of the company's stock, valued at approximately $32,974,820.40. This represents a 21.63% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 130,367 shares of company stock valued at $20,959,476 over the last quarter. 0.15% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. BlackRock Inc. bought a new stake in TJX Companies during the second quarter worth $16,489,926,000. Bank of America Corp DE bought a new position in shares of TJX Companies in the 2nd quarter valued at about $3,511,553,000. Norges Bank acquired a new position in shares of TJX Companies during the 4th quarter worth about $2,211,975,000. Bank of New York Mellon Corp acquired a new position in shares of TJX Companies during the 2nd quarter worth about $1,598,731,000. Finally, Primecap Management Co. CA bought a new stake in shares of TJX Companies in the 2nd quarter valued at about $1,435,617,000. Institutional investors and hedge funds own 91.09% of the company's stock.

Key Headlines Impacting TJX Companies

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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