TJX stock icon

TJX Companies
TJX

$117.25
0.5%

Market Cap: $132B

 

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

0
Funds holding %
of 6,710 funds
0
Analysts bullish %
of 18 analysts

Fund manager confidence

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

34% more first-time investments, than exits

New positions opened: 188 | Existing positions closed: 140

19% more repeat investments, than reductions

Existing positions increased: 865 | Existing positions reduced: 728

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 (+$6.72B) [Q2]

2% more funds holding

Funds holding: 1,988 [Q1] → 2,036 (+48) [Q2]

10% less call options, than puts

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

67.34% less ownership

Funds ownership: 157.71% [Q1] → 90.37% (-67.34%) [Q2]

Research analyst outlook

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

Low target
$115
2%
downside
Avg. target
$131
12%
upside
High target
$148
26%
upside

18 analyst ratings

16 positive
89%
neutral
11%
negative
0%
Morgan Stanley
Alexandra Steiger
30% 1-year accuracy
7 / 23 met price target
10%upside
$129
Overweight
Maintained
22 Aug 2024
Wells Fargo
Ike Boruchow
53% 1-year accuracy
19 / 36 met price target
2%downside
$115
Equal-Weight
Maintained
22 Aug 2024
UBS
Jay Sole
48% 1-year accuracy
13 / 27 met price target
26%upside
$148
Buy
Maintained
22 Aug 2024
Barclays
Adrienne Yih
48% 1-year accuracy
24 / 50 met price target
16%upside
$136
Overweight
Maintained
22 Aug 2024
Jefferies
Corey Tarlowe
55% 1-year accuracy
11 / 20 met price target
19%upside
$140
Buy
Maintained
22 Aug 2024

Financial journalist opinion

Based on 52 articles about TJX published over the past 30 days