TJX Companies (NYSE:TJX) Reaches New 52-Week High – Time to Buy?
by Teresa Graham · The Cerbat GemThe TJX Companies, Inc. (NYSE:TJX – Get Free Report) shares hit a new 52-week high on Thursday . The company traded as high as $158.24 and last traded at $157.7030, with a volume of 1472012 shares traded. The stock had previously closed at $154.04.
Wall Street Analyst Weigh In
A number of equities research analysts have recently issued reports on TJX shares. Evercore ISI boosted their target price on shares of TJX Companies from $162.00 to $165.00 and gave the company an “outperform” rating in a research report on Thursday, November 20th. JPMorgan Chase & Co. upped their price target on shares of TJX Companies from $150.00 to $154.00 and gave the stock an “overweight” rating in a report on Thursday, November 20th. Wall Street Zen lowered shares of TJX Companies from a “buy” rating to a “hold” rating in a report on Saturday, January 3rd. Cowen reissued a “buy” rating on shares of TJX Companies in a research report on Thursday, November 20th. Finally, Guggenheim upgraded TJX Companies to a “strong-buy” rating in a research report on Wednesday, December 10th. Two equities research analysts have rated the stock with a Strong Buy rating and twenty-four have assigned a Buy rating to the company. Based on data from MarketBeat, TJX Companies currently has a consensus rating of “Buy” and a consensus target price of $163.86.
View Our Latest Report on TJX Companies
TJX Companies Price Performance
The company has a debt-to-equity ratio of 0.20, a current ratio of 1.09 and a quick ratio of 0.43. The firm has a market capitalization of $175.44 billion, a PE ratio of 34.88, a P/E/G ratio of 3.46 and a beta of 0.75. The business’s 50 day moving average is $151.00 and its two-hundred day moving average is $140.20.
TJX Companies (NYSE:TJX – Get Free Report) last posted its earnings results 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 company had revenue of $15.12 billion for the quarter, compared to analysts’ expectations of $14.80 billion. During the same period last year, the firm earned $1.14 earnings per share. TJX Companies’s quarterly 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. As a group, research analysts anticipate that The TJX Companies, Inc. will post 4.18 EPS for the current year.
TJX Companies Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 5th. Investors of record on Thursday, February 12th will be given a dividend of $0.425 per share. This represents a $1.70 annualized dividend and a yield of 1.1%. The ex-dividend date is Thursday, February 12th. TJX Companies’s payout ratio is 37.53%.
Insider Buying and Selling
In other news, Director Amy B. Lane sold 500 shares of the business’s stock in a transaction that occurred on Friday, November 21st. The stock was sold at an average price of $151.40, for a total transaction of $75,700.00. Following the transaction, the director owned 22,212 shares of the company’s stock, valued at approximately $3,362,896.80. The trade was a 2.20% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Ernie Herrman sold 30,000 shares of the business’s stock in a transaction on Thursday, November 20th. The shares were sold at an average price of $148.81, for a total value of $4,464,300.00. Following the transaction, the chief executive officer owned 535,143 shares of the company’s stock, valued at approximately $79,634,629.83. The trade was a 5.31% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 54,863 shares of company stock valued at $8,226,366. Company insiders own 0.13% of the company’s stock.
Institutional Investors Weigh In On TJX Companies
A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Brighton Jones LLC raised its stake in shares of TJX Companies by 113.7% during the 4th quarter. Brighton Jones LLC now owns 15,039 shares of the apparel and home fashions retailer’s stock valued at $1,817,000 after buying an additional 8,002 shares during the last quarter. Revolve Wealth Partners LLC increased its stake in TJX Companies by 12.1% during the fourth quarter. Revolve Wealth Partners LLC now owns 2,172 shares of the apparel and home fashions retailer’s stock worth $262,000 after acquiring an additional 235 shares during the last quarter. Bison Wealth LLC raised its holdings in TJX Companies by 32.9% in the 4th quarter. Bison Wealth LLC now owns 3,856 shares of the apparel and home fashions retailer’s stock valued at $466,000 after buying an additional 955 shares during the period. Jacobs Levy Equity Management Inc. purchased a new position in shares of TJX Companies during the 1st quarter worth approximately $3,380,000. Finally, Dynamic Technology Lab Private Ltd boosted its holdings in TJX Companies by 5.9% during the 1st quarter. Dynamic Technology Lab Private Ltd now owns 4,462 shares of the apparel and home fashions retailer’s stock valued at $543,000 after acquiring an additional 247 shares during the period. Hedge funds and other institutional investors own 91.09% of the company’s stock.
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.