TJX stock icon

TJX Companies
TJX

$111.01
0.57%
 

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

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 15 analysts
0
News positive %
of 20 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

Research analyst outlook

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

Low target
$100
10%
downside
Avg. target
$114
3%
upside
High target
$134
21%
upside

15 analyst ratings

13 positive
87%
neutral
13%
negative
0%
Bernstein
Jamie Merriman
8%upside
$120
Outperform
Maintained
23 May 2024
Barclays
Adrienne Yih
3%upside
$114
Overweight
Maintained
23 May 2024
UBS
Jay Sole
21%upside
$134
Buy
Maintained
23 May 2024
Baird
Mark Altschwager
2%upside
$113
Outperform
Maintained
23 May 2024
Telsey Advisory Group
Dana Telsey
4%upside
$115
Outperform
Maintained
23 May 2024

Financial journalist opinion

Based on 20 articles about TJX published over the past 30 days