TJX Companies (TJX)

• Market cap: $135B
• 1 day: 0.05%
• 5 days: 1.49%
• 1 month: 2.75%
• 3 months: 7.62%
• 6 months: 21.82%
• Year to date: 28.61%
• 1 year: 34.15%
• 5 years: 100.55%
• 10 years: 289.89%
• Sector: Consumer Discretionary
• Industry: Family Clothing Stores

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

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

39% more first-time investments, than exits

New positions opened: 185 | Existing positions closed: 133

3% more funds holding

Funds holding: 2,048 [Q2] → 2,100 (+52) [Q3]

1% more capital invested

Capital invested by funds: $115B [Q2] → $116B (+$922M) [Q3]

0% more call options, than puts

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

0% more funds holding in top 10

Funds holding in top 10: 66 [Q2] → 66 (+0) [Q3]

3% less repeat investments, than reductions

Existing positions increased: 802 | Existing positions reduced: 829

4.79% less ownership

Funds ownership: 92.78% [Q2] → 87.98% (-4.79%) [Q3]

Research analyst outlook

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

• Low target: $115 4% downside
• Avg. target: $132 10% upside
• High target: $148 23% upside

17 analyst ratings

• positive: 15 88%
• neutral: 2 12%
• negative: 0 0%

TD Cowen John Kernan 62% 1-year accuracy 32 / 52 met price target	8% upside $130	Buy Maintained	15 Nov 2024
Telsey Advisory Group Dana Telsey 53% 1-year accuracy 94 / 177 met price target	12% upside $134	Outperform Maintained	13 Nov 2024
Morgan Stanley Alexandra Steiger 59% 1-year accuracy 10 / 17 met price target	8% upside $129	Overweight Maintained	22 Aug 2024
Wells Fargo Ike Boruchow 55% 1-year accuracy 24 / 44 met price target	4% downside $115	Equal-Weight Maintained	22 Aug 2024
UBS Jay Sole 66% 1-year accuracy 25 / 38 met price target	23% upside $148	Buy Maintained	22 Aug 2024