TJX Companies (TJX)

• Market cap: $142B
• 1 day: 0.52%
• 5 days: 0.19%
• 1 month: 4.37%
• 3 months: 9.11%
• 6 months: 15.31%
• Year to date: 4.14%
• 1 year: 29.93%
• 5 years: 104.08%
• 10 years: 269.65%
• 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)

161% more first-time investments, than exits

New positions opened: 188 | Existing positions closed: 72

4% more funds holding

Funds holding: 2,055 [Q2] → 2,142 (+87) [Q3]

1% more capital invested

Capital invested by funds: $119B [Q2] → $120B (+$742M) [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: 814 | Existing positions reduced: 845

5.1% less ownership

Funds ownership: 95.78% [Q2] → 90.68% (-5.1%) [Q3]

Research analyst outlook

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

• Low target: $120 5% downside
• Avg. target: $137 8% upside
• High target: $151 20% upside

10 analyst ratings

• positive: 9 90%
• neutral: 1 10%
• negative: 0 0%

Morgan Stanley Alexandra Steiger 80% 1-year accuracy 16 / 20 met price target	7% upside $135	Overweight Maintained	21 Jan 2025
UBS Jay Sole 63% 1-year accuracy 31 / 49 met price target	20% upside $151	Buy Maintained	10 Jan 2025
Wells Fargo Ike Boruchow 60% 1-year accuracy 28 / 47 met price target	5% downside $120	Equal-Weight Maintained	10 Jan 2025
Telsey Advisory Group Dana Telsey 59% 1-year accuracy 114 / 192 met price target	6% upside $134	Outperform Maintained	6 Dec 2024
Jefferies Corey Tarlowe 42% 1-year accuracy 10 / 24 met price target	15% upside $145	Buy Maintained	5 Dec 2024