TJX Companies (NYSE:TJX) Earns Outperform Rating from Telsey Advisory Group

Key Points

• TJX Companies received an "outperform" rating from Telsey Advisory Group, with a target price of $150.00, suggesting a potential upside of 6.36% from its current price.
• As of now, the stock has an average rating of "Buy" from analysts, with a consensus price target of $141.33, reflecting strong confidence in the company's performance.
• In its latest quarterly earnings report, TJX Companies exceeded estimates with earnings per share of $1.10 on revenue of $14.40 billion, showing a 6.9% year-over-year revenue growth.

Telsey Advisory Group reiterated their outperform rating on shares of TJX Companies (NYSE:TJX - Free Report) in a research report released on Wednesday, MarketBeat Ratings reports. Telsey Advisory Group currently has a $155.00 price target on the apparel and home fashions retailer's stock, up from their previous price target of $150.00. Telsey Advisory Group also issued estimates for TJX Companies' Q4 2026 earnings at $1.37 EPS, FY2026 earnings at $4.59 EPS, Q1 2027 earnings at $1.01 EPS, Q2 2027 earnings at $1.22 EPS, Q3 2027 earnings at $1.34 EPS, Q4 2027 earnings at $1.53 EPS and FY2027 earnings at $5.10 EPS.

A number of other analysts have also commented on TJX. JPMorgan Chase & Co. lifted their target price on TJX Companies from $130.00 to $145.00 and gave the stock an "overweight" rating in a report on Monday, June 2nd. Loop Capital set a $150.00 target price on TJX Companies and gave the stock a "buy" rating in a report on Thursday, May 22nd. TD Securities lifted their target price on TJX Companies from $140.00 to $142.00 and gave the stock a "buy" rating in a report on Tuesday, May 20th. Barclays reaffirmed an "overweight" rating and issued a $147.00 price objective (up previously from $137.00) on shares of TJX Companies in a report on Thursday, May 22nd. Finally, Macquarie reaffirmed a "buy" rating on shares of TJX Companies in a report on Monday, August 11th. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Buy" and an average target price of $147.58.

TJX Companies Stock Down 0.8%

TJX stock traded down $1.1310 on Wednesday, reaching $136.3790. 5,774,585 shares of the company traded hands, compared to its average volume of 5,504,355. TJX Companies has a one year low of $111.22 and a one year high of $145.58. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.17 and a quick ratio of 0.51. The company has a market cap of $152.35 billion, a P/E ratio of 31.07, a price-to-earnings-growth ratio of 3.15 and a beta of 0.89. The firm has a fifty day simple moving average of $127.00 and a 200-day simple moving average of $125.48.

TJX Companies (NYSE:TJX - Get Free Report) last posted its earnings results 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. The business had revenue of $14.40 billion during the quarter, compared to analyst estimates of $14.12 billion. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.The company's quarterly revenue was up 6.9% compared to the same quarter last year. During the same quarter last year, the company 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 anticipate that TJX Companies will post 4.18 earnings per share for the current year.

TJX Companies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 4th. Investors of record on Thursday, August 14th will be given a dividend of $0.425 per share. The ex-dividend date is Thursday, August 14th. This represents a $1.70 annualized dividend and a yield of 1.2%. TJX Companies's payout ratio is 40.00%.

Insiders Place Their Bets

In related news, Director Amy B. Lane sold 950 shares of TJX Companies stock in a transaction on Tuesday, June 3rd. The stock was sold at an average price of $128.09, for a total transaction of $121,685.50. Following the transaction, the director directly owned 22,712 shares in the company, valued at approximately $2,909,180.08. The trade was a 4.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.13% of the company's stock.

Hedge Funds Weigh In On TJX Companies

Several large investors have recently made changes to their positions in TJX. Lavaca Capital LLC bought a new stake in shares of TJX Companies in the second quarter worth about $25,000. TCTC Holdings LLC increased its holdings in shares of TJX Companies by 210.1% in the first quarter. TCTC Holdings LLC now owns 214 shares of the apparel and home fashions retailer's stock worth $26,000 after purchasing an additional 145 shares during the last quarter. Princeton Global Asset Management LLC bought a new stake in shares of TJX Companies in the second quarter worth about $28,000. Howard Hughes Medical Institute bought a new stake in shares of TJX Companies in the second quarter worth about $30,000. Finally, Legacy Investment Solutions LLC bought a new stake in shares of TJX Companies in the second quarter worth about $32,000. 91.09% of the stock is currently 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.