Telsey Advisory Group Boosts TJX Companies (NYSE:TJX) Price Target to $115.00

TJX Companies (NYSE:TJX) had its price objective upped by Telsey Advisory Group from $112.00 to $115.00 in a report issued on Thursday, Benzinga reports. They currently have an outperform rating on the apparel and home fashions retailer’s stock. Telsey Advisory Group also issued estimates for TJX Companies’ Q3 2025 earnings at $1.05 EPS, Q4 2025 earnings at $1.20 EPS, FY2025 earnings at $4.09 EPS, Q1 2026 earnings at $1.03 EPS, Q1 2026 earnings at $0.98 EPS, Q2 2026 earnings at $1.01 EPS, Q2 2026 earnings at $1.04 EPS, Q3 2026 earnings at $1.17 EPS, Q3 2026 earnings at $1.19 EPS, Q4 2026 earnings at $1.33 EPS, Q4 2026 earnings at $1.35 EPS and FY2026 earnings at $4.60 EPS.

A number of other equities research analysts have also issued reports on TJX. Evercore ISI set a $113.00 price target on shares of TJX Companies in a report on Tuesday, May 21st. Redburn Atlantic downgraded TJX Companies from a buy rating to a neutral rating and set a $100.00 price target on the stock. in a report on Monday, February 5th. TD Cowen increased their price objective on TJX Companies from $119.00 to $120.00 and gave the stock a buy rating in a report on Friday, May 17th. The Goldman Sachs Group raised TJX Companies from a neutral rating to a buy rating and boosted their target price for the company from $100.00 to $110.00 in a research note on Thursday, April 25th. Finally, Robert W. Baird upped their target price on TJX Companies from $110.00 to $113.00 and gave the company an outperform rating in a report on Thursday. Two equities research analysts have rated the stock with a hold rating and seventeen have given a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of Moderate Buy and an average price target of $110.05.

TJX Companies Stock Up 2.0 %

TJX opened at $102.14 on Thursday. The company has a market cap of $115.72 billion, a P/E ratio of 25.34, a P/E/G ratio of 2.72 and a beta of 0.87. TJX Companies has a 12 month low of $75.65 and a 12 month high of $104.98. The business’s 50-day moving average price is $97.27 and its 200-day moving average price is $95.12. The company has a current ratio of 1.23, a quick ratio of 0.64 and a debt-to-equity ratio of 0.38.

TJX Companies (NYSE:TJX) last announced its quarterly earnings results on Wednesday, May 22nd. The apparel and home fashions retailer reported $0.93 EPS for the quarter, topping analysts’ consensus estimates of $0.87 by $0.06. The business had revenue of $12.48 billion for the quarter, compared to analysts’ expectations of $12.48 billion. TJX Companies had a return on equity of 64.26% and a net margin of 8.47%. The business’s quarterly revenue was up 5.9% on a year-over-year basis. During the same period in the previous year, the firm earned $0.76 EPS. On average, equities analysts expect that TJX Companies will post 4.09 EPS for the current year.

TJX Companies declared that its Board of Directors has initiated a share buyback program on Wednesday, February 28th that permits the company to repurchase $2.50 billion in outstanding shares. This repurchase authorization permits the apparel and home fashions retailer to buy up to 2.2% of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s board of directors believes its stock is undervalued.

TJX Companies Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 6th. Stockholders of record on Thursday, May 16th will be issued a dividend of $0.375 per share. The ex-dividend date of this dividend is Wednesday, May 15th. This is an increase from TJX Companies’s previous quarterly dividend of $0.33. This represents a $1.50 annualized dividend and a dividend yield of 1.47%. TJX Companies’s dividend payout ratio (DPR) is presently 37.22%.

Insider Activity at TJX Companies

In other TJX Companies news, EVP Louise Greenlees sold 2,694 shares of TJX Companies stock in a transaction dated Friday, March 1st. The shares were sold at an average price of $98.83, for a total value of $266,248.02. Following the completion of the transaction, the executive vice president now directly owns 50,273 shares of the company’s stock, valued at $4,968,480.59. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In related news, CEO Ernie Herrman sold 20,000 shares of the stock in a transaction on Thursday, March 21st. The stock was sold at an average price of $98.98, for a total transaction of $1,979,600.00. Following the sale, the chief executive officer now directly owns 515,801 shares of the company’s stock, valued at $51,053,982.98. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Louise Greenlees sold 2,694 shares of the business’s stock in a transaction that occurred on Friday, March 1st. The shares were sold at an average price of $98.83, for a total transaction of $266,248.02. Following the transaction, the executive vice president now directly owns 50,273 shares of the company’s stock, valued at $4,968,480.59. The disclosure for this sale can be found here. 0.13% of the stock is currently owned by insiders.

Institutional Investors Weigh In On TJX Companies

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Valued Wealth Advisors LLC grew its holdings in shares of TJX Companies by 260.3% in the first quarter. Valued Wealth Advisors LLC now owns 245 shares of the apparel and home fashions retailer’s stock worth $25,000 after acquiring an additional 177 shares during the period. Frazier Financial Advisors LLC bought a new stake in shares of TJX Companies during the 4th quarter valued at about $27,000. Anchor Investment Management LLC purchased a new stake in shares of TJX Companies during the 4th quarter valued at about $28,000. First Pacific Financial bought a new position in shares of TJX Companies in the 1st quarter worth approximately $29,000. Finally, BKM Wealth Management LLC purchased a new position in shares of TJX Companies in the fourth quarter worth approximately $30,000. Hedge funds and other 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.