TJX Companies
TJX

$111.83

0.5%

Market Cap: 126B

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 nearly 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 6,702 funds

0

Analysts bullish %

of 18 analysts

0

News positive %

of 22 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

63.2% more ownership

Funds ownership: 90.45% [Q4 2023] → 153.65% (+63.2%) [Q1 2024]

38% more first-time investments, than exits

New positions opened: 176 | Existing positions closed: 128

7% more capital invested

Capital invested by funds: $96.6B [Q4 2023] → $103B (+$6.33B) [Q1 2024]

3% more funds holding

Funds holding: 1,917 [Q4 2023] → 1,965 (+48) [Q1 2024]

2% more funds holding in top 10

Funds holding in top 10: 57 [Q4 2023] → 58 (+1) [Q1 2024]

5% more call options, than puts

Call options by funds: $886M | Put options by funds: $844M

4% more repeat investments, than reductions

Existing positions increased: 791 | Existing positions reduced: 759

See Fund Rankings

Research analyst outlook

18 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$100

11%

downside

Avg. target

$115

3%

upside

High target

$134

20%

upside

18 analyst ratings

16 positive

89%

2 neutral

11%

0 negative

0%

Morgan Stanley Alexandra Steiger	9%upside $122	Overweight Maintained	18 Jul 2024
Loop Capital Laura Champine	12%upside $125	Buy Maintained	3 Jul 2024
Bernstein Jamie Merriman	7%upside $120	Outperform Maintained	23 May 2024
Barclays Adrienne Yih	2%upside $114	Overweight Maintained	23 May 2024
UBS Jay Sole	20%upside $134	Buy Maintained	23 May 2024

See Analyst Rankings

Financial journalist opinion

Based on 22 articles about TJX published over the past 30 days

3 Top Retail Stocks to Consider to Ring Up Big Gains

On July 23, CNBC's Jim Cramer said that U.S. consumers, on the whole, are tired of the elevated prices being charged by some firms. As a result, “They are pushing back on high prices, they are demanding bargains,” he stated.

3 Top Retail Stocks to Consider to Ring Up Big Gains

CNBC Television

Trade Tracker: Kevin Simpson buys TJX Companies

Kevin Simpson, Capital Wealth Planning founder and CIO, joins CNBC's "Halftime Report" to explain why he's buying the consumer discretionary name.

Trade Tracker: Kevin Simpson buys TJX Companies

Zacks Investment Research

Wall Street Bulls Look Optimistic About TJX (TJX): Should You Buy?

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

Wall Street Bulls Look Optimistic About TJX (TJX): Should You Buy?

Zacks Investment Research

Here's Why TJX (TJX) is a Strong Momentum Stock

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

Here's Why TJX (TJX) is a Strong Momentum Stock

Zacks Investment Research

The TJX Companies (TJX) Up 20% in 3 Months, Will Momentum Stay?

The TJX Companies (TJX) is committed to delivering attractive deals on popular brands and trendy fashion items to its customers.

The TJX Companies (TJX) Up 20% in 3 Months, Will Momentum Stay?

24/7 Wall Street

Forget Walmart: This Stock Is the Next Millionaire Maker

Key Points $1000 invested in Walmart at IPO would be worth $3.02 million today.

Forget Walmart: This Stock Is the Next Millionaire Maker

If You Can Only Buy One Blue-Chip Stock in July, It Better Be One of These 3 Names

The Dow Jones Industrial Average hit an all-time high of 40,720.64 on July 15. Despite the new record, the 30 blue-chip stocks that make up the index are only up 8% in 2024, less than half the S&P 500.

If You Can Only Buy One Blue-Chip Stock in July, It Better Be One of These 3 Names

24/7 Wall Street

Four Blue Chip Stocks To Buy Now And Hold For Forever

Investors have been running on a high for the last several months as all major U.S.

Four Blue Chip Stocks To Buy Now And Hold For Forever

CNBC Television

Trade Tracker: Kevin Simpson sells Cisco and buys more TJX Companies and Amgen

Kevin Simpson, Capital Wealth Planning founder and CIO, joins CNBC's "Halftime Report" to detail his latest trades.

Trade Tracker: Kevin Simpson sells Cisco and buys more TJX Companies and Amgen

CNBC Television

Final Trades: Cisco, Leidos, TJX Companies and the IJR

The Investment Committee give you their top stocks to watch for the second half.

Final Trades: Cisco, Leidos, TJX Companies and the IJR

See News Rankings