TJX Companies (NYSE:TJX) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of TJX Companies (NYSE:TJX) from a hold rating to a buy rating in a research note released on Sunday.

Other equities research analysts also recently issued reports about the company. Bank of America lifted their price objective on TJX Companies from $150.00 to $168.00 and gave the stock a “buy” rating in a report on Thursday, November 20th. Guggenheim upgraded shares of TJX Companies to a “strong-buy” rating in a research note on Wednesday, December 10th. JPMorgan Chase & Co. upped their price target on shares of TJX Companies from $150.00 to $154.00 and gave the company an “overweight” rating in a report on Thursday, November 20th. BTIG Research reiterated a “buy” rating and set a $165.00 price objective on shares of TJX Companies in a research note on Thursday, November 20th. Finally, Morgan Stanley reissued an “overweight” rating and issued a $162.00 target price (up previously from $159.00) on shares of TJX Companies in a research report on Thursday, November 20th. Two research analysts have rated the stock with a Strong Buy rating and twenty-four have issued a Buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $163.86.

TJX Companies Price Performance

TJX Companies stock opened at $157.99 on Friday. TJX Companies has a 12-month low of $112.10 and a 12-month high of $159.48. The stock has a market capitalization of $175.44 billion, a P/E ratio of 34.88, a P/E/G ratio of 3.30 and a beta of 0.75. The firm’s 50-day moving average is $152.32 and its two-hundred day moving average is $141.28. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.09 and a quick ratio of 0.43.

TJX Companies (NYSE:TJX) last posted its quarterly earnings data on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.22 by $0.06. TJX Companies had a return on equity of 58.30% and a net margin of 8.68%.The business had revenue of $15.12 billion for the quarter, compared to analysts’ expectations of $14.80 billion. During the same quarter last year, the firm earned $1.14 earnings per share. The business’s revenue was up 7.5% on a year-over-year basis. TJX Companies has set its Q4 2026 guidance at 1.330-1.360 EPS and its FY 2026 guidance at 4.630-4.660 EPS. Equities analysts predict that TJX Companies will post 4.18 earnings per share for the current year.

TJX Companies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 5th. Shareholders of record on Thursday, February 12th will be given a $0.425 dividend. The ex-dividend date of this dividend is Thursday, February 12th. This represents a $1.70 annualized dividend and a yield of 1.1%. TJX Companies’s dividend payout ratio (DPR) is currently 37.53%.

Insider Activity

In other news, CEO Ernie Herrman sold 30,000 shares of the stock in a transaction on Thursday, November 20th. The stock was sold at an average price of $148.81, for a total value of $4,464,300.00. Following the completion of the transaction, the chief executive officer owned 535,143 shares of the company’s stock, valued at approximately $79,634,629.83. This represents a 5.31% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Amy B. Lane sold 500 shares of the firm’s stock in a transaction on Friday, November 21st. The shares were sold at an average price of $151.40, for a total value of $75,700.00. Following the transaction, the director directly owned 22,212 shares in the company, valued at $3,362,896.80. This trade represents a 2.20% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 54,863 shares of company stock valued at $8,226,366 in the last 90 days. Insiders own 0.13% of the company’s stock.

Institutional Trading of TJX Companies

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Miller Global Investments LLC acquired a new position in shares of TJX Companies in the fourth quarter worth $28,000. Dogwood Wealth Management LLC grew its stake in TJX Companies by 102.2% in the third quarter. Dogwood Wealth Management LLC now owns 182 shares of the apparel and home fashions retailer’s stock valued at $26,000 after purchasing an additional 92 shares in the last quarter. Imprint Wealth LLC acquired a new position in TJX Companies in the 3rd quarter worth about $27,000. GGM Financials LLC acquired a new position in TJX Companies in the 3rd quarter worth about $27,000. Finally, KERR FINANCIAL PLANNING Corp purchased a new stake in shares of TJX Companies during the 3rd quarter worth about $28,000. 91.09% of the stock is currently owned by institutional investors.

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.