TJX's strong Q3 results and upgraded outlook boosted its stock, despite major institutional shifts in ownership.

Institutional investors reduced their stake in TJX by 36.4% in Q3, while another firm increased its position by 776.7%. The off-price retailer reported strong Q3 results with $1.28 EPS and $15.12B in revenue, up 7.5% YoY, and raised full-year 2026 guidance. Analysts upgraded ratings to “buy” or “outperform,” citing a $163.86 average price target. Despite insider sales totaling $8.23M, TJX maintains a low debt-to-equity ratio and a market cap of $166.58B.