Telsey Advisory Group Reiterates “Outperform” Rating for TJX Companies (NYSE:TJX)

TJX Companies (NYSE:TJX)‘s stock had its “outperform” rating reiterated by Telsey Advisory Group in a research note issued on Thursday,Benzinga reports. They currently have a $145.00 price target on the apparel and home fashions retailer’s stock. Telsey Advisory Group’s target price suggests a potential upside of 16.20% from the stock’s current price. Telsey Advisory Group also issued estimates for TJX Companies’ Q1 2026 earnings at $0.90 EPS, Q1 2026 earnings at $0.90 EPS, Q2 2026 earnings at $1.01 EPS, Q3 2026 earnings at $1.20 EPS, Q3 2026 earnings at $1.20 EPS, Q4 2026 earnings at $1.33 EPS, Q4 2026 earnings at $1.33 EPS, FY2026 earnings at $4.43 EPS and FY2027 earnings at $4.95 EPS.

Several other equities analysts have also recently commented on the company. Guggenheim upped their price target on TJX Companies from $135.00 to $140.00 and gave the company a “buy” rating in a report on Thursday, December 5th. Morgan Stanley upped their target price on TJX Companies from $130.00 to $135.00 and gave the company an “overweight” rating in a research note on Tuesday, January 21st. UBS Group lifted their target price on shares of TJX Companies from $148.00 to $151.00 and gave the company a “buy” rating in a research report on Friday, January 10th. TD Cowen increased their price target on shares of TJX Companies from $130.00 to $132.00 and gave the stock a “buy” rating in a research report on Friday, November 22nd. Finally, Evercore ISI lifted their price objective on TJX Companies from $138.00 to $142.00 and gave the company an “outperform” rating in a report on Thursday, November 21st. Three analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $135.06.

TJX Companies Trading Up 1.1 %

Shares of TJX Companies stock opened at $124.79 on Thursday. The company has a market cap of $140.28 billion, a price-to-earnings ratio of 29.36, a PEG ratio of 2.75 and a beta of 0.91. TJX Companies has a 1 year low of $92.35 and a 1 year high of $128.00. The company’s fifty day simple moving average is $122.98 and its 200-day simple moving average is $119.95. The company has a current ratio of 1.19, a quick ratio of 0.50 and a debt-to-equity ratio of 0.35.

TJX Companies (NYSE:TJX) last posted its quarterly earnings data on Wednesday, February 26th. The apparel and home fashions retailer reported $1.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.16 by $0.07. The company had revenue of $16.35 billion for the quarter, compared to the consensus estimate of $16.24 billion. TJX Companies had a net margin of 8.63% and a return on equity of 61.82%. As a group, sell-side analysts expect that TJX Companies will post 4.18 EPS for the current year.

Insider Activity at TJX Companies

In related news, Director Alan M. Bennett sold 8,000 shares of the business’s stock in a transaction on Thursday, February 27th. The shares were sold at an average price of $123.53, for a total value of $988,240.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.13% of the stock is owned by insiders.

Hedge Funds Weigh In On TJX Companies

A number of large investors have recently added to or reduced their stakes in TJX. Park Square Financial Group LLC bought a new stake in shares of TJX Companies in the fourth quarter valued at about $157,000. Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in TJX Companies in the 4th quarter valued at approximately $136,753,000. Brucke Financial Inc. bought a new stake in TJX Companies in the 4th quarter valued at approximately $363,000. Jefferies Financial Group Inc. boosted its position in TJX Companies by 289.6% during the 4th quarter. Jefferies Financial Group Inc. now owns 23,105 shares of the apparel and home fashions retailer’s stock worth $2,791,000 after acquiring an additional 17,175 shares during the last quarter. Finally, B. Riley Wealth Advisors Inc. grew its stake in shares of TJX Companies by 32.9% during the 4th quarter. B. Riley Wealth Advisors Inc. now owns 55,665 shares of the apparel and home fashions retailer’s stock worth $6,725,000 after acquiring an additional 13,782 shares in the last quarter. Institutional investors own 91.09% of the company’s stock.

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.