TJX Companies (TJX)

• Market cap: $137B
• 1 day: 0.39%
• 5 days: 1.49%
• 1 month: -0.98%
• 3 months: 3.72%
• 6 months: 6.91%
• Year to date: 0.58%
• 1 year: 29.09%
• 5 years: 94.40%
• 10 years: 268.02%
• 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 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 Q3 regulatory filings by fund managers ($100M+ AUM)

163% more first-time investments, than exits

New positions opened: 189 | Existing positions closed: 72

4% more funds holding

Funds holding: 2,052 [Q2] → 2,139 (+87) [Q3]

1% more capital invested

Capital invested by funds: $119B [Q2] → $120B (+$753M) [Q3]

0% more funds holding in top 10

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

2% less call options, than puts

Call options by funds: $1.13B | Put options by funds: $1.14B

4% less repeat investments, than reductions

Existing positions increased: 813 | Existing positions reduced: 843

5.11% less ownership

Funds ownership: 95.78% [Q2] → 90.68% (-5.11%) [Q3]

Research analyst outlook

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

• Low target: $120 2% downside
• Avg. target: $137 12% upside
• High target: $151 24% upside

9 analyst ratings

• positive: 8 89%
• neutral: 1 11%
• negative: 0 0%

UBS Jay Sole 67% 1-year accuracy 32 / 48 met price target	24% upside $151	Buy Maintained	10 Jan 2025
Wells Fargo Ike Boruchow 62% 1-year accuracy 28 / 45 met price target	2% downside $120	Equal-Weight Maintained	10 Jan 2025
Telsey Advisory Group Dana Telsey 60% 1-year accuracy 114 / 190 met price target	10% upside $134	Outperform Maintained	6 Dec 2024
Jefferies Corey Tarlowe 38% 1-year accuracy 9 / 24 met price target	19% upside $145	Buy Maintained	5 Dec 2024
Guggenheim Robert Drbul 52% 1-year accuracy 17 / 33 met price target	15% upside $140	Buy Maintained	5 Dec 2024