Wells Fargo & Company Cuts TJX Companies (NYSE:TJX) Price Target to $140.00

TJX Companies (NYSE:TJX) had its price target decreased by investment analysts at Wells Fargo & Company from $160.00 to $140.00 in a research note issued to investors on Thursday,Benzinga reports. The brokerage currently has an “equal weight” rating on the apparel and home fashions retailer’s stock. Wells Fargo & Company‘s price target would indicate a potential downside of 1.62% from the company’s current price.

TJX has been the topic of several other reports. Evercore reissued an “outperform” rating and issued a $173.00 price target on shares of TJX Companies in a report on Thursday. Weiss Ratings cut TJX Companies from a “buy (b+)” rating to a “buy (b)” rating in a report on Tuesday, July 21st. BTIG Research increased their target price on TJX Companies from $185.00 to $190.00 and gave the stock a “buy” rating in a research note on Thursday, May 21st. Telsey Advisory Group lifted their price target on TJX Companies from $175.00 to $185.00 and gave the stock an “outperform” rating in a report on Thursday, May 21st. Finally, Barclays set a $188.00 price target on TJX Companies in a research note on Thursday. Two research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, TJX Companies presently has an average rating of “Moderate Buy” and an average price target of $173.89.

TJX Companies Stock Performance

TJX stock traded down $2.20 during midday trading on Thursday, reaching $142.30. 4,072,017 shares of the company were exchanged, compared to its average volume of 5,411,901. TJX Companies has a one year low of $134.74 and a one year high of $170.00. The firm has a market capitalization of $157.20 billion, a price-to-earnings ratio of 27.63, a price-to-earnings-growth ratio of 3.26 and a beta of 0.62. The business has a 50-day moving average price of $156.73 and a two-hundred day moving average price of $156.81. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.14 and a quick ratio of 0.54.

TJX Companies (NYSE:TJX) last issued its quarterly earnings data on Wednesday, August 19th. The apparel and home fashions retailer reported $1.22 earnings per share for the quarter, beating the consensus estimate of $1.19 by $0.03. The company had revenue of $15.18 billion for the quarter, compared to analyst estimates of $15.17 billion. TJX Companies had a net margin of 9.40% and a return on equity of 57.92%. The company’s revenue was up 5.4% on a year-over-year basis. During the same period in the prior year, the firm earned $1.10 earnings per share. TJX Companies has set its FY 2027 guidance at 5.150-5.200 EPS and its Q3 2027 guidance at 1.360-1.380 EPS. Equities research analysts forecast that TJX Companies will post 5.19 EPS for the current year.

Insider Buying and Selling at TJX Companies

In other news, Chairman Carol Meyrowitz sold 55,624 shares of TJX Companies stock in a transaction that occurred on Tuesday, June 9th. The shares were sold at an average price of $163.65, for a total value of $9,102,867.60. Following the completion of the sale, the chairman directly owned 201,496 shares in the company, valued at approximately $32,974,820.40. The trade was a 21.63% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO John Klinger sold 6,235 shares of the business’s stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $160.77, for a total value of $1,002,400.95. Following the completion of the sale, the chief financial officer owned 64,257 shares of the company’s stock, valued at approximately $10,330,597.89. This trade represents a 8.84% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 130,367 shares of company stock valued at $20,959,476 over the last ninety days. Company insiders own 0.15% of the company’s stock.

Institutional Trading of TJX Companies

Several large investors have recently modified their holdings of the stock. Brighton Jones LLC raised its stake in TJX Companies by 113.7% in the fourth quarter. Brighton Jones LLC now owns 15,039 shares of the apparel and home fashions retailer’s stock valued at $1,817,000 after purchasing an additional 8,002 shares in the last quarter. Revolve Wealth Partners LLC grew 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 buying an additional 235 shares in the last quarter. Bison Wealth LLC increased 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. United Bank increased its holdings in TJX Companies by 7.6% in the 2nd quarter. United Bank now owns 16,298 shares of the apparel and home fashions retailer’s stock valued at $2,013,000 after buying an additional 1,155 shares during the period. Finally, Schnieders Capital Management LLC. acquired a new position in shares of TJX Companies in the 2nd quarter valued at approximately $244,000. 91.09% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting TJX Companies

Here are the key news stories impacting TJX Companies this week:

• Positive Sentiment: TJX reported adjusted second-quarter earnings of $1.22 per share, above the $1.19 consensus estimate, while sales rose 5.4% year over year to $15.18 billion. Consolidated comparable sales increased 4%, and margins and cash flow were stronger than expected. TJX Q2 Earnings Beat Estimates on Sales Growth and Margin Gains
• Positive Sentiment: Management raised fiscal 2027 adjusted EPS guidance to $5.15-$5.20 and said it is addressing execution issues at Marmaxx. TJX also plans to accelerate store expansion toward a long-term target of approximately 7,500 locations, supporting its growth outlook. TJX Q2 Earnings Call Focuses on Marmaxx Fixes and Faster Store Growth
• Positive Sentiment: Analyst support remains favorable. Gordon Haskett reaffirmed an “Accumulate” rating with a $155 price target, while other analysts have maintained bullish views based on TJX’s discount-retail model and long-term earnings potential. Gordon Haskett TJX Rating
• Neutral Sentiment: HomeGoods, Canada and International operations delivered stronger comparable-sales growth of roughly 6%-7%, highlighting diversification outside the core U.S. Marmaxx business. However, management’s plan to fix Marmaxx execution could take time to produce results. TJX Strength in HomeGoods, Canada, and International as Marmaxx Lags
• Negative Sentiment: Marmaxx, which includes TJ Maxx and Marshalls, posted only 1% comparable-sales growth and fell short of internal expectations. Investors viewed this as a meaningful concern because it affects TJX’s largest operating segment and may signal softer consumer spending. TJX Slips as Investors Look Past Headline Beat
• Negative Sentiment: Near-term guidance and earnings quality tempered the positive results. The outlook was viewed as cautious relative to elevated expectations, while approximately $0.14 per share of second-quarter benefit came from tariff refunds rather than core operations. This prompted investors to discount the headline beat and sell the stock.

About TJX Companies

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.