TJX Companies
TJX

$115.62

2.03%

Market Cap: $130B

About: TJX Companies is the leading off-price retailer of apparel, accessories, and home merchandise in the United States. The firm leverages its more than 21,000 global vendor relationships to procure and sell brand-name merchandise at prices 20%-60% cheaper than conventional retail channels. TJX opportunistically purchases excess inventory that stems from manufacturing overruns and retail closeout sales. The off-price retailer disperses its vast and disparate merchandise across its 5,000 global stores, creating a treasure-hunt shopping experience for consumers. Over three quarters of TJX's sales are derived from the United States, primarily via the T.J. Maxx, Marshalls, and HomeGoods banners. About 10% of sales are from Canada and 12% from Europe and Australia.

Employees: 349,000

Consumer Discretionary Family Clothing Stores

0

Funds holding %

of 6,686 funds

0

Analysts bullish %

of 18 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

30% more first-time investments, than exits

New positions opened: 186 | Existing positions closed: 143

19% more repeat investments, than reductions

Existing positions increased: 865 | Existing positions reduced: 724

12% more funds holding in top 10

Funds holding in top 10: 59 [Q1] → 66 (+7) [Q2]

6% more capital invested

Capital invested by funds: $106B [Q1] → $112B (+$6.66B) [Q2]

2% more funds holding

Funds holding: 1,986 [Q1] → 2,029 (+43) [Q2]

10% less call options, than puts

Call options by funds: $1.12B | Put options by funds: $1.24B

67.39% less ownership

Funds ownership: 157.72% [Q1] → 90.33% (-67.39%) [Q2]

See Fund Rankings

Research analyst outlook

18 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$115

1%

downside

Avg. target

$131

13%

upside

High target

$148

28%

upside

18 analyst ratings

16 positive

89%

2 neutral

11%

0 negative

0%

Morgan Stanley Alexandra Steiger 22% 1-year accuracy 5 / 23 met price target	12%upside $129	Overweight Maintained	22 Aug 2024
Wells Fargo Ike Boruchow 50% 1-year accuracy 19 / 38 met price target	1%downside $115	Equal-Weight Maintained	22 Aug 2024
UBS Jay Sole 43% 1-year accuracy 12 / 28 met price target	28%upside $148	Buy Maintained	22 Aug 2024
Barclays Adrienne Yih 45% 1-year accuracy 24 / 53 met price target	18%upside $136	Overweight Maintained	22 Aug 2024
Jefferies Corey Tarlowe 55% 1-year accuracy 11 / 20 met price target	21%upside $140	Buy Maintained	22 Aug 2024

See Analyst Rankings

Financial journalist opinion

Based on 49 articles about TJX published over the past 30 days

Zacks Investment Research

Investors Heavily Search The TJX Companies, Inc. (TJX): Here is What You Need to Know

TJX (TJX) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Investors Heavily Search The TJX Companies, Inc. (TJX): Here is What You Need to Know

The Motley Fool

Forget Walmart and Target, Buy This Underrated Retail Stock Instead

Walmart and Target are often the default retail stocks for investors to load up on. But Walmart trades at a high valuation, and Target's growth rate isn't all that impressive.

Forget Walmart and Target, Buy This Underrated Retail Stock Instead

Zacks Investment Research

Why TJX (TJX) is a Top Momentum Stock for the Long-Term

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

Why TJX (TJX) is a Top Momentum Stock for the Long-Term

Zacks Investment Research

Why TJX (TJX) is a Top Growth Stock for the Long-Term

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

Why TJX (TJX) is a Top Growth Stock for the Long-Term

Why These 2 Off-Price Retail Stocks Are Gaining Momentum in 2024

When the economy abounds with liquidity and low interest rates, such as the 2020-2022 period, markets tend to focus on the more exciting growth stories available for investment. These stories were mostly focused on the technology sector, particularly semiconductor stocks that enabled the rise and adoption of artificial intelligence trends.

Why These 2 Off-Price Retail Stocks Are Gaining Momentum in 2024

Ross Stores and TJ Maxx Add Stores; Target Focuses on Digital Engagement

Second-quarter earnings reports for Ross Stores, TJX Companies (parent of TJ Maxx) and Target unveiled a mixed bag of results against a backdrop of economic uncertainty and ongoing supply chain disruptions. While the three retailers have carved out their respective niches, they face unique obstacles that are reshaping their strategies.

Ross Stores and TJ Maxx Add Stores; Target Focuses on Digital Engagement

How T.J.Maxx and Ross Stores Came to Rule Shopper's Wallets

Consumers have reclaimed a bit of their buying power, but many can't throw caution to the wind or splurge on big-ticket items.

How T.J.Maxx and Ross Stores Came to Rule Shopper's Wallets

Why Was TJX Stock Up 6% In A Day?

The TJX Companies stock (NYSE: TJX), an off-price retailer that owns Marshalls, TJ Maxx, and HomeGoods, rose 6.1% on 21st August, as compared to a 0.4% increase in the S&P 500 index.

Why Was TJX Stock Up 6% In A Day?

Zacks Investment Research

Why TJX (TJX) is a Top Value Stock for the Long-Term

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

Why TJX (TJX) is a Top Value Stock for the Long-Term

CNBC Television

BofA's estimates 10% upside for TJX as younger consumers turn to value, says Lorraine Hutchinson

Lorraine Hutchinson, Bank of America Securities senior retail analyst, joins CNBC's 'The Exchange' to discuss why TJX will keep its winning streak, other names to watch, and more.

BofA's estimates 10% upside for TJX as younger consumers turn to value, says Lorraine Hutchinson

See News Rankings