TJX Companies (NYSE:TJX) Announces Earnings Results

TJX Companies (NYSE:TJX) posted its earnings results on Wednesday. The apparel and home fashions retailer reported $1.19 EPS for the quarter, topping the consensus estimate of $1.01 by $0.18, Briefing.com reports. The firm had revenue of $14.32 billion during the quarter, compared to analysts’ expectations of $14.02 billion. TJX Companies had a net margin of 9.10% and a return on equity of 57.70%. TJX Companies’s quarterly revenue was up 9.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.92 EPS. TJX Companies updated its FY 2027 guidance to 5.080-5.150 EPS and its Q2 2027 guidance to 1.150-1.170 EPS.

TJX Companies Trading Up 2.2%

Shares of NYSE TJX opened at $153.59 on Wednesday. TJX Companies has a 52 week low of $119.84 and a 52 week high of $165.82. The business has a 50 day simple moving average of $156.69 and a 200 day simple moving average of $154.32. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.59 and a current ratio of 1.14. The stock has a market cap of $169.84 billion, a price-to-earnings ratio of 30.92, a PEG ratio of 3.45 and a beta of 0.64.

TJX Companies Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 4th. Stockholders of record on Thursday, May 14th will be paid a dividend of $0.48 per share. This is a boost from TJX Companies’s previous quarterly dividend of $0.43. The ex-dividend date of this dividend is Thursday, May 14th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 1.3%. TJX Companies’s dividend payout ratio (DPR) is 39.34%.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the company. UBS Group reaffirmed a “buy” rating on shares of TJX Companies in a research note on Wednesday, March 4th. Truist Financial began coverage on shares of TJX Companies in a research note on Monday. They set a “buy” rating and a $175.00 target price on the stock. Wall Street Zen raised TJX Companies from a “hold” rating to a “buy” rating in a research note on Saturday, March 28th. Weiss Ratings cut TJX Companies from a “buy (a-)” rating to a “buy (b+)” rating in a research note on Friday, May 8th. Finally, BTIG Research reissued a “buy” rating and set a $185.00 target price (up from $165.00) on shares of TJX Companies in a research note on Thursday, February 26th. Three equities research analysts have rated the stock with a Strong Buy rating and twenty-two have given a Buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $169.25.

Insider Activity

In related news, CEO Ernie Herrman sold 30,000 shares of the company’s stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $160.95, for a total transaction of $4,828,500.00. Following the transaction, the chief executive officer owned 479,316 shares in the company, valued at $77,145,910.20. This represents a 5.89% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.13% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On TJX Companies

A number of institutional investors and hedge funds have recently made changes to their positions in TJX. Wilkerson Advisory Group LLC acquired a new position in TJX Companies during the 4th quarter valued at about $26,000. Imprint Wealth LLC bought a new stake in shares of TJX Companies in the 3rd quarter valued at about $27,000. Measured Wealth Private Client Group LLC acquired a new stake in shares of TJX Companies in the 3rd quarter valued at approximately $30,000. Mcguire Capital Advisors Inc. bought a new position in TJX Companies during the 4th quarter worth approximately $31,000. Finally, Jessup Wealth Management Inc acquired a new position in TJX Companies during the fourth quarter valued at approximately $31,000. Institutional investors own 91.09% of the company’s stock.

TJX Companies News Summary

Here are the key news stories impacting TJX Companies this week:

• Positive Sentiment: TJX beat quarterly earnings and revenue estimates, with EPS of $1.19 versus consensus near $1.01 and revenue above expectations, reinforcing momentum in its off-price model. Press Release
• Positive Sentiment: Comparable sales rose 6% and pretax profit margin reached 12.0%, suggesting strong traffic and solid profitability despite a cautious consumer backdrop. Business Wire article
• Positive Sentiment: TJX raised FY27 guidance and expanded its share buyback range to $2.75 billion-$3.0 billion, which should support investor confidence and share returns. Reuters article
• Neutral Sentiment: Second-quarter EPS guidance of $1.15-$1.17 and full-year EPS guidance of $5.08-$5.15 were only slightly below or near consensus, so the outlook was good but not dramatically above forecasts. MarketBeat stock page
• Positive Sentiment: Several analysts reiterated bullish views or raised price targets ahead of and after the report, including JPMorgan lifting its target to $174 and maintaining an overweight rating. Article on target raise

TJX Companies Company Profile

TJX Companies, Inc is a leading off-price retailer of apparel, footwear, home fashions and other consumer goods. The company operates multiple retail concepts that offer discounted brand-name and designer merchandise, including well-known banners such as T.J. Maxx and Marshalls in the United States, HomeGoods for home furnishings, TK Maxx in parts of Europe, and Winners and Homesense in Canada. Merchandise categories span women’s, men’s and children’s apparel, accessories, beauty, home décor, kitchenware and small furniture, with frequent changes in assortment that create a “treasure-hunt” shopping experience for consumers.

The company’s business model centers on opportunistic buying, purchasing excess, irregular or out-of-season inventory from manufacturers, department stores and other suppliers, and passing savings to customers through lower prices.