TJX CompaniesTJX
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 20,000 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 Q4 regulatory filings by fund managers ($100M+ AUM)
154% more first-time investments, than exits
New positions opened: 236 | Existing positions closed: 93
20% more repeat investments, than reductions
Existing positions increased: 915 | Existing positions reduced: 760
17% more funds holding in top 10
Funds holding in top 10: 66 [Q3] → 77 (+11) [Q4]
2% more funds holding
Funds holding: 2,144 [Q3] → 2,188 (+44) [Q4]
3% more capital invested
Capital invested by funds: $120B [Q3] → $123B (+$3.26B) [Q4]
0% more call options, than puts
Call options by funds: $1.17B | Put options by funds: $1.17B
1.11% less ownership
Funds ownership: 90.68% [Q3] → 89.57% (-1.11%) [Q4]
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
8 analyst ratings
Telsey Advisory Group Dana Telsey 49% 1-year accuracy 94 / 190 met price target | 20%upside $145 | Outperform Maintained | 19 Feb 2025 |
Morgan Stanley Alexandra Steiger 60% 1-year accuracy 12 / 20 met price target | 11%upside $135 | Overweight Maintained | 21 Jan 2025 |
UBS Jay Sole 47% 1-year accuracy 25 / 53 met price target | 25%upside $151 | Buy Maintained | 10 Jan 2025 |
Wells Fargo Ike Boruchow 48% 1-year accuracy 23 / 48 met price target | 1%downside $120 | Equal-Weight Maintained | 10 Jan 2025 |
Jefferies Corey Tarlowe 42% 1-year accuracy 10 / 24 met price target | 20%upside $145 | Buy Maintained | 5 Dec 2024 |
Financial journalist opinion
Based on 15 articles about TJX published over the past 30 days
